Today's Hard|Forum Post
Today's Hard|Forum Post

Friday May 11, 2012

Facebook Co-Founder Renounces U.S. Citizenship

I swear, it is a total coincidence that I am renouncing my U.S. citizenship just months before raking in $4B. Just because I grew up here, was educated here and made all my money off of a U.S. based company doesn't mean I should stay here and pay taxes. Sheesh.

Saverin, 30, may have made the move for tax reasons, hoping to avoid the highest rates before Facebook goes public. Although born and raised in Brazil before moving to the United States in 1992, he now lives abroad in Singapore.