Bloomberg View: Facebook's Other Founder

Illustration by Bloomberg View

Once upon a time there was a young man who fled his homeland of Brazil because his life was in danger from kidnappers. Like so many before him, he came to the U.S., and in the safety of the freest country on earth, he got a superb education at Harvard, the opportunity to exercise his entrepreneurial zeal at Facebook—and the protections of the U.S. legal system to safeguard the fruits of his labor.

That man is Eduardo Saverin, 30, a founder of Facebook and someone who stands to be worth almost $3 billion when company shares are loosed on the world. He’s also someone who renounced his U.S. citizenship last fall in exchange for a passport from Singapore.