![]() Bloomberg | Facebook Co-Founder May Gain Choosing Singapore Over U.S. Bloomberg Eduardo Saverin, the billionaire co- founder of Facebook Inc. (FB), renounced his US citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill. Facebook plans to raise as ... Saverin's Citizenship Renunciation Before Facebook IPO Will Increase, Not ... Shutting down Facebook Facebook co-founder renounces U.S. citizenship |
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