What the “giving up citizenship” thing means

It means Saverin made his insane fortune in America, and now he
doesn’t want to pay tax on it.

He couldn’t have done the same in Brazil or Singapore – cofound
Facebook as a college student. Which is why people come to America.

And it doesn’t mean he won’t continue to invest in America – he has
done so multiple times.

It just means once you are very rich, dynastic wealth promotion works
better from a tax shelter.

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