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Eduardo Saverin, Facebook co-founder, to renounce his US citizenship ahead of IPO
Eduardo Saverin, who helped start Facebook, chose to renounce his to live in Singapore ... and reduce his tax bill.
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Senators' tax evasion bill would target Facebook's Eduardo Saverin
Democratic senators proposed a tax evasion bill that would target expatriates like Facebook co-founder Eduardo Saverin.
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Eduardosaverin 110512

Eduardo Saverin, co-founder of Facebook, has renounced his US citizenship ahead of the company's IPO.

Jason Kempin
AFP/Getty Images