May 4th, 2012
07:44 AM GMT
Hong Kong (CNN) – The frayed relationship between Eduardo Saverin and Mark Zuckerberg served as the emotional core of the 2010 movie, “The Social Network.”
As Zuckerberg stands to make billions from the Facebook IPO, where is his one-time friend, Saverin? For the past three years, Saverin has made Singapore his home.
As the Wall Street Journal reports, the 30-year-old has become a local celebrity in Singapore, where he has provided investment for a handful of companies and mentored a former Miss Singapore in her cosmetics venture. Compared to Zuckerberg’s spendthrift reputation – driving an Accura and his modest home in Palo Alto, California – Saverin owns a luxury penthouse apartment, drives a Bentley and has a reputation for running Cristal Champagne-fueled bar tabs that can climb as high as $50,000 a night.
Saverin still holds an estimated 2% of the company’s shares – which, considering that Facebook’s IPO could value the company as high as $95 billion, “can go a long way,” the Wall Street Journal reports. Forbes magazine estimates his wealth at $2 billion, ranking him the 634th richest person in the world, and recently included him in its list of “The World’s 12 Most Eligible Billionaire Bachelors.”
Another co-founder of Facebook is Dustin Moskovitz, who edged out Zuckerberg as the world’s youngest billionaire in 2011, according to Forbes.
Of the four who co-founded Facebook, Zuckerberg is the only one who has stayed with the company.
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