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Co-founder of Facebook had to pay taxes. He rescinded citizenship just before IPO when the assets were worth considerably less and just had to pay lower taxes.
by peter303 11y ago
Co-founder of Facebook had to pay taxes. He rescinded citizenship just before IPO when the assets were worth considerably less and just had to pay lower taxes.
He only became a US citizen as a teenager, so wasnt strongly attached to the US.
http://www.bloomberg.com/news/articles/2012-05-11/facebook-co-founder-saverin-gives-up-u-s-citizenship-before-ipo http://www.bloomberg.com/news/articles/2012-05-11/facebook-c...