Facebook Co-Founder Gives Up US Citizenship

Eduardo Saverin aims to save on taxes

By Dustin Lushing,  Newser Staff

Posted May 11, 2012 3:00 PM CDT

(Newser) – One of the billionaire co-founders of Facebook has renounced his US citizenship in a bid to slash his tax bill ahead of the gigantic IPO. Eduardo Saverin, 30, owns about 4% of the social network—a chunk that could be worth as much as $3....   Read full story »

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