So, you’re wondering if Eduardo Saverin, the guy who got famously Zuckerberg-ed in The Social Network, still has a seat at the Facebook table. Short answer: No. He hasn’t been part of the company’s day-to-day operations since the mid-2000s, unless you count watching Mark make billions from a beach in Singapore as “being part of it.” Actually, that might be the best job ever—getting paid to do absolutely nothing.
The Great Facebook Purge of 2004
Here’s the thing: Eduardo didn’t leave Facebook because he wanted to start a hedge fund or sail the Caribbean. He was fired. Well, more like diluted out of existence. In a move that would make a shark blush, Mark Zuckerberg reduced Eduardo’s stake from 34% to about 0.03% by issuing millions of new shares—while Eduardo was on a plane to New York for a meeting.
The legal drama that followed is the stuff of legend. They settled out of court, and Eduardo walked away with a reported $2.7 billion (after taxes, though he famously renounced his U.S. citizenship to avoid more). So, no, he doesn’t have an office, a badge, or a say in the Metaverse. But he does have a private island, so who’s really winning here?
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But Does He Still Own Stock?
Ah, the million-dollar question—or in his case, the billion-dollar question. Eduardo still holds a significant chunk of Meta stock from that settlement. He’s not on the board, he doesn’t get to approve new emojis, but he’s absolutely cashing those dividend checks. The guy is basically a ghost shareholder: you can’t see him, but his portfolio is haunting Mark Zuckerberg’s net worth.
Think of him as the silent landlord of Facebook. He doesn’t fix the leaks, he doesn’t mow the lawn, but every time someone posts a picture of their avocado toast, a tiny piece of that digital rent floats into his Monaco bank account. It’s the most profitable “unemployment” in human history.
The “Consultant” Who Never Consults
In 2012, when Facebook filed for its IPO, Eduardo’s name appeared in the prospectus as a “consultant.” That sounds official, right? It’s not. A source close to the company (read: a guy who once saw Eduardo at a WeWork) says he has never consulted on a single thing. Not one meeting about user privacy, not a single suggestion for the Like button.
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His job title should really be “Professional Ex-Friend.” He’s the guy who shows up in every Facebook anniversary video about “humble beginnings” just so the filmmakers can skip over the part where he got betrayed. If Mark Zuckerberg ever tries to call him for advice, the phone would probably auto-dial the nearest Swiss bank vault.
What Does He Actually Do Now?
Eduardo Saverin is now a venture capitalist in Singapore, investing in startups like the sneaky ninja of finance that he is. He co-founded B Capital Group, a fund that throws money at things like healthcare tech and logistics. So while Mark is busy building a digital universe made of legos, Eduardo is funding the real-world infrastructure that delivers your Amazon packages. One guy plays with virtual reality; the other plays with actual reality.
He’s also married, has kids, and reportedly lives a pretty quiet life. No dramatic lawsuits, no burning of bridges—unless you count the bridge he built with his own legal team to sue his best friend. He’s like a Batman who chose the beach over crime-fighting. An origin story where the hero gets 0.03% and a really good lawyer.
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Here’s the part that will make you laugh: Eduardo Saverin is still officially listed as a “Founder” of Facebook. Yes, on the company’s history page, he’s right there next to Mark, looks like someone just told him his dog died. He’s the “and Eduardo” in every tech article—the asterisk at the bottom of the legend.
But being a “Founder” and being “Part of Facebook” are two very different things. I’m a founder of my friendship bracelets club from 1992, but I don’t get invited to the reunion. Eduardo is the same: he has the title, the money, and the lawsuit movies, but zero say in what happens when you click the blue button. He’s the ghost at the feast, sipping champagne from a coconut.
So, is Eduardo Saverin still part of Facebook? Only if you consider a billionaire with a board seat in his own brokerage account and a legally binding “leave me alone” settlement as “part of it.” He’s not in the room where it happens, but he owns the building—and he’s charging rent. And honestly? That’s the funniest revenge story since “I’m going to build my own theme park.” Let’s see Mark top that one.