What a surprise, big time democrat supporters evading taxes.....
Among them, one of the most high-profile examples was Facebook co-founder Eduardo Saverin, who filed to relinquish his U.S. citizenship in September 2011; Facebook had its initial public offering in May 2012. Saverin, a Brazil native, had already been living in Singapore for three years after emigrating to the U.S. in 1998. He could reportedly save as much as $100 million in taxes because Singapore does not tax capital gains.
Saverin isn’t the only famous renunciation. Singer and socialite Denise Rich also gave up her citizenship last year under her maiden name, Denise Eisenberg. She is well-known as the ex-wife of former international fugitive Marc Rich, a commodities trader who was indicted on 50 counts of wire fraud, tax evasion, racketeering and other charges. But on his last day in office in 2001, former president Bill Clinton pardoned Rich.