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Eduardo Saverin increases his advantage as richest Brazilian after Meta’s balance sheet | Economy


Eduardo Saverin is currently the richest Brazilian, according to Forbes’ real-time rankingreproduction

Published 05/02/2024 16:26

Eduardo Saverin, co-founder of Facebook, expanded his advantage as the richest Brazilian in the Forbes magazine ranking. This Monday, the 5th, the real-time list shows Saverin with an estimated net worth of US$25.5 billion. Second place, Vicky Safra and her family, have an estimated fortune of US$18.2 billion.

Saverin’s assets were positively impacted after Meta, owner of Facebook, Instagram and Whatsapp, announced last week that it recorded a net profit of US$14.02 billion, an increase of more than three times compared to the same period in 2022. Meta also announced that it will pay dividends for the first time.

On Friday, the 2nd, the company’s shares rose 20.3% and closed at an all-time high, reaching a market value of US$ 1.22 trillion, according to the Companies Market Cap website, still in reaction to the announcement of dividends. In Friday’s trading alone, the market value grew by around US$200 billion According to Forbes, Saverin still derives most of his wealth from his small stake in Meta.

Saverin, 41, became known for founding Facebook alongside Mark Zuckerberg and three other colleagues, while studying at Harvard University, in the United States. His fortune originates from social media. Saverin was born in São Paulo, but has lived in Singapore since 2012. He maintains B Capital, an investment company focused on startups.

Zuckerberg also benefited from Meta’s results, earning $28.9 billion on Friday alone. He now occupies fourth place in the world ranking of the richest, with an estimated fortune of US$162.8 billion.

See who the five richest Brazilians are, according to the Forbes list:

– Eduardo Saverin: US$ 25.5 billion

– Vicky Safra and family: US$ 18.2 billion

– Jorge Paulo Lemann and family: US$ 16.4 billion

– Marcel Herrmann Telles and family: US$ 11 billion

– Carlos Alberto Sicupira and family: US$9.1 billion

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