Why Facebook Co-Founder De-Friended the U.S. | Communications Major | Scoop.it
From business.time.com - May 14, 2012 4:46 PM

Facebook co-founder Eduardo Saverin renounced his American citizenship in what seemed to be a transparent ploy to escape a hefty bill from the IRS in the wake of Facebook’s upcoming IPO. But the truth is a little more complex than that. Saverin, born in Brazil, came to America in 1992 and was educated at Harvard. He now lives in Singapore, and claims U.S. laws make it too difficult for its citizens to invest in other countries.