Summary SCREENRANT VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT The Social Network depicts how the revolutionary social media sensation Facebook came to be when Mark Zuckerberg first came up with the idea in 2003, but it doesn't show what happened to his partner and friend Eduardo Saverin after he was ousted from the company. Played by Andrew Garfield in the movie, Saverin gave Facebook its startup money and was fully onboard with the business.
Saverin's role in creating Facebook is among the biggest things The Social Network gets wrong about what really happened. Saverin's unavailability was what really led to his being fired from Facebook. Zuckerberg tasked Saverin with providing the site with funding, setting up the company, making the business the model, and signing off the reformation of Facebook under Delaware law to make deals, to which he failed on all accounts because he couldn't be reached.
Not every single one of his ventures has worked out. Every entrepreneur has their duds, like investing in Qwiki in Saverin's case. Qwiki was an automated video production company that allowed its users to turn the pictures and videos from their camera roll into movies that they could share online. After Yahoo acquired it in July 2013, Qwiki was among the products the company shut down in November 2014.
The Real Eduardo Saverin Massively Grew His Net Worth In The Years Since Facebook's Lawsuit Saverin's net worth in 2023 is estimated at $10.8 Billion Eduardo Saverin's investments as an entrepreneur have made him a very wealthy man. Ever since he sued Facebook — he ended up reaching a settlement with terms that have not been disclosed — he has seen his net worth skyrocket to as much as $10.8 billion.
Saverin still has Facebook shares even after suing the company, and the site is currently valued at around $815 billion. Saverin owns two percent of the company, meaning that he has around $1.6 billion from Facebook alone. Since Saverin's net worth is at $10.8 billion, Facebook proved to be possibly his most fruitful venture, but certainly not the only one that made him one of the richest billionaires on the planet.
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