The 10 Richest Billionaires Of Latin America

As is usual every year, Forbes magazine has released its list of richest people in the world, including those in the Caribbean and Latin America. And while there are no Caribbean billionaires, there are several from Latin America, especially from Brazil. Here are the 10 top billionaires and richest people in Latin America and the Caribbean:

10. Eduardo Saverin – Net worth: $6.2 Billion (Mexico)

Rounding out the top 10 list of Americas’ richest billionaires’, is Brazilian Eduardo Saverin. While Saverin is only the #188 person on the global rich list, he is definitely the 10th richest billionaire in Latin America and one of the youngest, with a net worth of US $6.2 billion.

The 33-year-old is one of the co-founders of Facebook. As of 2015, he owned 53 million Facebook shares, approximately 0.4 percent of all outstanding shares. He has also invested in early-stage startups such as Qwiki and Jumio. n what was seen as a move to avoid US taxes, Saverin renounced his American citizenship in September 2011.

According to Saverin, he renounced his citizenship because of his “interest in working and living in Singapore” where he has been since 2009. He avoided an estimated $700 million in capital gains taxes.