How much did Mark Zuckerberg pay Eduardo Saverin?

Answered by Jarrod Smith

Mark Zuckerberg did not pay Eduardo Saverin a specific amount of money. Instead, the situation between the two co-founders of Facebook became complicated and resulted in a legal battle and eventual settlement.

In the early days of Facebook’s creation, Mark Zuckerberg and Eduardo Saverin were close friends and business partners. Together, they worked to build and grow the social networking platform. However, as the company gained traction and started to attract investors, tensions arose between the two.

It is important to note that the exact details of their agreement and the subsequent legal proceedings are not publicly disclosed. However, it is known that Saverin initially held a significant ownership stake in Facebook. In fact, he was one of the co-founders and owned a substantial portion of the company.

As Facebook continued to grow and gain more attention, Zuckerberg and Saverin’s relationship began to deteriorate. Saverin’s role in the company became increasingly marginalized, and he expressed concerns about Zuckerberg’s management and decision-making.

At one point, Saverin’s lawyer raised concerns about his client’s ownership and control of the company. This led to an internal dispute, which eventually escalated into a legal battle. Saverin sued Facebook, alleging breach of fiduciary duty.

The lawsuit and subsequent negotiations between Saverin and Facebook resulted in a settlement. The exact terms of the settlement are undisclosed, but it is believed that Saverin walked away with a 4% or 5% ownership stake in the company.

While the specific amount of money Saverin received is not publicly known, it is worth mentioning that his ownership stake in Facebook is now valued at close to $5 billion. This immense valuation is a testament to the incredible success and growth of Facebook over the years.

The legal dispute between Zuckerberg and Saverin serves as a cautionary tale about the complexities that can arise in business partnerships, particularly when significant wealth and influence are at stake. The situation ultimately resulted in a settlement that allowed both individuals to move forward, but it undoubtedly left a lasting impact on their relationship and the history of Facebook.

Mark Zuckerberg did not pay Eduardo Saverin a specific amount of money. Instead, the legal battle between them resulted in a settlement, which granted Saverin a 4% or 5% ownership stake in Facebook. This stake is now valued at close to $5 billion.