Eduardo Saverin moved to Singapore and renounced US citizenship before the Facebook IPO. Richard Branson, being British, doesn't have to resort to such measure

Eduardo Saverin moved to Singapore and renounced US citizenship before the Facebook IPO. Richard Branson, being British, doesn't have to resort to such measures to avoid worldwide taxation. More from the FT: "The entrepreneur, one of the most public advocates for British industry across the world, has not paid taxes on non-UK personal income since moving to Necker Island in 2007. A report in The Sunday Times highlighted the lack of British tax being paid by Sir Richard, who is frequently pictured with Union Jacks and has been reported to talk disparagingly of tax exiles." http://www.ft.com/cms/s/0/26c8fd60-33f9-11e3-af0f-00144feab7de.html http://www.ft.com/cms/s/0/26c8fd60-33f9-11e3-af0f-00144feab7...