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 Get lost, you ingrate

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PostSubject: Get lost, you ingrate    Get lost, you ingrate  Icon_minitimeSat May 12, 2012 3:40 pm

Some friend you are!

Facebook co-founder Eduardo Saverin apparently doesn’t want Uncle Sam in his life any more — after picking up a Harvard degree and making billions of dollars helping Mark Zuckerberg bring the social networking giant to life.

Saverin has renounced his US citizenship and has relocated to Singapore — all apparently to avoid paying any future capital gains taxes on his $4 billion stake in Facebook.

The move came sometime last September but was first widely reported yesterday, just a week before Facebook is expected to start trading publicly.

Saverin’s passport burning differs only by 180 degrees from Zuckerberg’s — who will sell 2 million Facebook shares to pay a reported $1 billion tax bill.


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