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11 May

Facebook co-founder gives up U.S. citizenship before IPO

Eduardo Saverin Says Hello to Singapore, Goodbye to Facebook TaxesEduardo Saverin, the billionaire co- founder of Facebook Inc., renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill.

Original post by Yahoo! Finance and software by Elliott Back



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