And as with that unknown teenage pre-med major in the early 1980s named Michael Dell taking apart Apple IIs in his Austin, Texas dorm room, no central planner doling out "investment" money could have found Mark Zuckerberg and his Beantown college roommates in 2003 and realized the website they were designing was the future of popular computing.
Those who did risk their money on Zuckerberg's idea — to the benefit of 900 million people on Facebook — will now be numbered among the evil 1%, as they rake in their just financial rewards. Facebook millionaires will ultimately number in the thousands.
In the case of Brazilian-born Facebook co-founder Eduardo Saverin, "millionaire" grossly understates the $4 billion coming his way. He made the decision to renounce his U.S. citizenship before Facebook's IPO, saving himself $67 million in federal taxes.
Who is the villain, this Bentley-driving titan of 21st century networking, or insatiably greedy Uncle Sam?
Instead Of Congratulating Facebook Millionaires, Democrats Want To Tax Them
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Seeded on Fri May 18, 2012 9:52 PM
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