what happened to eduardo saverin what happened to eduardo saverin

Her family runs numerous businessed in Indonesia. TheFacebook.com was. Facebook Co-Founder Speaks Publicly: What I Learned From - CNBC Only years after moving to the U.S. he found that his father and Eduardos grandfather, Eugnio Saverin, was on a list of potential kidnapping targets. Then Saverin sued Zuckerberg, alleging he spent Facebook's money (his money) on personal expenses over the summer. . Saverin was still in charge of some Facebook duties, such as acquiring funding and creating a business model. Facebook, American online social network service that is part of the company Meta Platforms. Eduardo was polite and unassuming. On the choice of giving up his U.S. citizenship: "The decision was strictly based on my interest of living and working in Singapore. Also key: an alliance with Boston Consulting Group providing Saverins portfolio companies access to the elite consultancys brain trust and its clients. "I was fascinated by it, and, already having some scientific knowledge, I was able to see the eye of the hurricane, literally. Im incredibly proud of what Mark has done, to build an institution of its size and value. The son of Brazilian parents who relocated to Miami, Saverin was born in So Paulo but grew up affluent in south Florida, attending boarding school there before heading to Harvard, where he made his fateful connection to Zuckerberg while a junior studying economics. It was an instant sensation at Harvard. Most of Saverin's wealth came from the Facebook shares he won in his settlement. Eduardo Saverin is a billionaire entrepreneur, known as one of the co-founders of Facebook. In the middle of that summer, Zuckerberg's plan to oust his cofounder went off without a hitch. ", I am investing like a crazy person, mostly in internet start-ups. We are still so early into making the technologies that will impact the world.. Not only did he fail at all those things, but the final straw was that Saverin began to run unauthorized ads on Facebook that werent even for the sites benefit: those ads were for a startup Saverin was running on his own. Saverin isnt on board with Parker making business decisions, and freezes the companys bank account. Zuckerberg got 40 percent, Saverin 24 percent, Moskovitz 16 percent, and Peter Thiel 9 percent, and the remaining percentages were allotted into an options pool for future employees. She was also a contributor for FanSided's BamSmackPow and 1428 Elm. Saverin, then a college junior, invested $15,000 in Facebooks future. We can see photographs of the Saverin couple in their respective Facebook handles. On the movie 'The Social Network,' where he is portrayed by American-English actor Andrew Garfield: "That's Hollywood fantasy, not a documentary. The site was a hot or not comparison of female students, and drew a lot of attention in just a couple of hours. Zuckerberg also partnered with Saverin because Saverin gave the impression he knew something about business. He owned B Capital, the venture capital firms in Singapore. What Happened To Eduardo Saverin? The money, Mark promised, would go toward the servers needed to host a site that Mark wanted to develop. Dustin Moskovitz, and Eduardo Saverin created Facebook while students at Harvard. But he did this not because he wanted to, but because he had no other choice as a foreigner living in Singapore, where financial transactions are more restricted and bureaucratic for those who hold a U.S. passport. Why did Zuckerberg choose Saverin to be his first business partner? In 2008, he left Facebook to co-found Asana with Justin Rosenstein.In March 2011, Forbes reported Moskovitz to be the youngest self-made billionaire in the world . Along with his wife, a psychologist, and his three children--Eduardo being the youngest one--Roberto settled in the Florida city which is a favorite destination for Brazilian tourists and immigrants. Then Saverin sued Zuckerberg, alleging he spent Facebook's money. Amazingly, the idea for the website, now the world's most popular social networking page, was inspired by a botched effort to get internet users to rate one another's photos. Saverin's exit from Facebook was the central plot of "The Social Network.". What Happened To Eduardo Saverin? Wife - Elaine Andriejanssen Noting the lack of a dedicated social networking website for Harvard students, the two worked together to launch The Facebook in 2004. ", "Eduardo Saverin, o brasileiro do Facebook, conta sua histria", "Conhea Eduardo Saverin, o brasileiro que ajudou a fundar o Facebook", "Eduardo Saverin Finally Opens Up: 'No Hard Feelings Between Me And Mark Zuckerberg", "A Facebook Tale: Founder Unfriends Pals on Way Up", "Eduardo Saverin: 10 Things To Know About The Facebook Co-Founder", "Exclusive: Here's The Email Zuckerberg Sent To Cut His Cofounder Out Of Facebook", "Exclusive: How Mark Zuckerberg booted his co-founder out of the company", "Life After Facebook: The Untold Story Of Billionaire Eduardo Saverin's Highly Networked Venture Firm", "Facebook co-founder Eduardo Saverin's new fund closes initial $140 Million for deals in Asia", "Meet Mark Zuckerberg's Harvard Classmate Who Is Trying To Build A Global Startup Factory", "Facebook co-founder Eduardo Saverin backs 'startup generator' Antler", "Facebook Co-Founder Eduardo Saverin Confirms News of Wedding in Facebook Post", "Secret Wedding Celebration Of Facebook Co-Founder Eduardo Saverin Kicks Off", "Eduardo Saverin's lover studied at Raffles Girls' School, Indonesian family runs several businesses", "In Praise of Eduardo Saverin's Tax Avoidance", "5 citizens who left the United States to avoid paying tax", "IPO Will Increase, Not Reduce, His Tax Bill", "Facebook Co-Founder Saverin Fires Back At 'Misinformation', "Facebook Co-Founder Speaks Publicly: What I Learned From Watching 'The Social Network', https://en.wikipedia.org/w/index.php?title=Eduardo_Saverin&oldid=1152158807, This page was last edited on 28 April 2023, at 15:33. When Zuckerberg and Moskovitz moved out to Palo Alto in June 2004, they ran into Sean Parker, an Internet startup kid best known for cofounding Napster. It really is not a job; it becomes your life. October 15, 2010. After his involvement with Facebook, Saverin dabbled at several startup projects before moving to Singapore for what was supposed to be a short stay to help a friend launch a business. Eduardo Saverin got engaged to Elaine Andriejanssen on 27 March 2014. [20] As co-founder, Saverin held the role of chief financial officer and business manager. He has been a resident of Singapore since 2009 and. The Harvard University it was the place where he was born Facebook. Every time she manages to commit to a TV show without getting bored, an angel gets its wings. Hell work hard to get things right, he says. BCG is a passive investor in B Capital, meaning they only call in the consultants when founders ask. Live now at GIC Stage, #GlobalInvestorSummit #SGFinTechFest pic.twitter.com/gv6Otdm0UE, SG FinTech Festival (@sgfintechfest) November 14, 2018. Can Facebook's Libra Cryptocurrency Be Saved. And he'll get something I'm sure, but he deserves somethingHe has to sign stuff for investments and he's lagging and I can't take the lag.". The fact was so unusual that he was mentioned on an article published by The International Chess Magazine. Eduardo Saverin on the cover of Veja (Photo by Gilberto Tadday), It took almost a decade, one Hollywood flick and roughly a billion friends for Eduardo Saverin to agree on telling his side of the story about the founding of Facebook, the social-networking website that since 2004 has changed the way we communicate. How old is Zuckerberg? Wikipedia And And Facts To Know. Saverin was already writing smaller checks to startups, but with Ganguly, a former consultant and vice president at Bain Capital, he set out to raise formal funds from outside investors. [18] He is a member of the Alpha Epsilon Pi fraternity (Eta Psi chapter of Harvard University). Saverin and Zuckerberg are later introduced to Sean Parker through a fellow student called Christy Lee, which marks the beginning of all problems for Saverin. citizen.". With revenue topping $100 million, is an IPO in the offing? Zukerberg had a falling out with Saverin. What Eduardo Saverin failed to do, Sean Parker was able to achieve. Saverin went to New York for an internship at Lehman Brothers. Fans suspected Bianca of cheating on Tate when they were together. B Capital declined to comment on its fundraising plans. This generated media attention and controversy. Facebook went live a year later, with Saverins money paying for the servers. Only Zukerburg knows the exact details. Eduardo Saverin and his co-partner Sophomore Mark Zuckerberg launched Facebook in 2004. He was charged for signing the invalid signature in the stock-purchase agreement. Zuckerberg became Facebook's sole director. Stay up to date with what you want to know. The History of Facebook and How It Was Invented - ThoughtCo The former Box and Apple executive is joining B Capital in its San Francisco office, giving the firm seven partners. Of course, that would have been too boring for Hollywood's standards. He hasn't since 2005, when CEO Mark Zuckerberg diluted Saverin's stake in Facebook and then booted him from the company. First, Facebook filed a lawsuit against Saverin, arguing that the stock-purchase agreements he had signed in October were valid. The only problem was: How would Zuckerberg cut Facebook's third-biggest stakeholder and co-founder out of the company? He failed at all threeNow that I'm not going back to Harvard I don't need to worry about getting beaten by Brazilian thugs. "Imagine sitting in a movie . But then Saverin did something that really pissed Zuckerberg off: He ran unauthorized ads on Facebook. Fifteen days after that letter was sent from TheFacebook.com's HQ, one came back from Eduardo's lawyers. [19], During his junior year at Harvard, Saverin met fellow Harvard undergraduate, sophomore Mark Zuckerberg. Warhammer Leviathan price speculated with box due this summer, She Helped Me: Medical Doctor Meets His Secondary School Teacher During Graduation, Photo Goes Viral, I make $100k: Elon Musk introduces Twitter monetisation for content creator, Just In: Sanusi Makes Royal Entry Into Lagos Dinner Amid Fresh Talks on Kano Throne, Photos Emerge, RIP My Good Friend: Drama as Nigerian Lady Posts Obituary of Girl She Thinks is Dating Her Boyfriend, Were Brothers: Drama as Tony Elumelu Spends N23bn to Take Back Transcorp From Otedola, 129-Year-Old First Bank Announces Corporate Name Change of Subsidiaries Across Africa, United Kingdom, Role Of CEO: How to find the right CEO for your company, How To Grow Your BTC In 2023 With Cryptotradecoins.org, Leave Me Alone: Video of Davido Angrily Walking Out on His Manager Tells Him He Is Tired, Stirs Reactions, Your Papa: Adekunle Gold Slams wife Simi, After She took to social media to call him out, fans react, Omo! Under a new CEO, Jumio filed for bankruptcy and is now growing fast in a $10B industry. But venture arms have traditionally been viewed as distractions from the consultancies core businesses and usually are the first projects to get cut when the economy slows. Because of its source material, it makes Saverin into more of a victim than he really was. He is listed as one of the richest businessmen in the world. eduardo saverin net worth Their first effort was Velos Partners, an $80 million private equity vehicle with a consumer bent they launched with several other friends. [11], Eduardo Luiz Saverin was born in the city of So Paulo to a wealthy Jewish-Brazilian family,[6][12][13] and his family later moved to Rio de Janeiro. It features cocaine, models, and dark, moody, lighting from David Fincher, the director who brought you "Fight Club." Besides that, she is a qualitative researcher and financial analyst by profession. This led to Zuckerberg choosing to effectively cut out Saverin. Still, Facebook investors werent happy with that, and pressured him into resigning as company president, which he ended up doing. Eduardo Saverin and his co-partner Sophomore Mark Zuckerberg launched Facebook in 2004. Confidant: How are you going to get around Eduardo? The lawsuit predictably grew to be such a hot topic that a movie was made about it (The Social Network), showing the origin story of Facebook and the fallout between its founders. used cars naples, fl under $3,000. Saverin was eventually fired, though the diluting of his shares did happen as a way to get him out of the company. Of this there are no doubts. However, the disagreement of both parties was settled out of court in 2009. After all the lawsuits, people are curious to know what happened to him. Until 2009, Eduardo Saverin wasn't even recognized as a co-founder. It took a lawsuit and a settlement to make that happen. Now, tens of billions of dollars later, the Brazil-born, Miami-bred billionaire finally addressed some of the topics that have been fueling people's imagination for years. Much of what people say about him is--he states--nothing but "Hollywood fantasy. For Bryce to achieve his dreams, his parents have equally played an important role a Judge Elizabeth Scherer is an American circuit judge, equestrian, and advocate lawyer. The fund has $6.5 billion in assets under management. He never left, he says now, because he fell in love with his wife Elaine, a Singapore local whom hed known briefly in his college days when she attended Tufts University and with the city itself. Who Is Mark Sievers And What Did He Do? David Siegel Bio, Wife, Daughter, Versailles Mansion, Lawsuit and Net Worth. Students from other schools quickly clamored for the site's expansion, and Mark and his colleagues obliged. Learn more about the billionaire businessman, Eduardo Saverin in this article. Saverin was the kind of guy who wore suits to class at Harvard, and he left peopleincluding Zuckerbergwith the impression that he was connected to the Brazilian mafia. All Rights Reserved. Saverins 24 percent was a drop from 30 percent, and when Zuckerberg required Facebook to provide 9 million common stock shares, Saverin was cut out completely. Some notable companies in his portfolio: Bird (scooters) and Bellevue (software). Zuckerberg, Facebook, and Saverin declined interview requests for this story, but we can infer some of Zuckerberg's thinking from instant messages he wrote during the time. [6] On May 15, 2012, Business Insider obtained and released an exclusive email from Zuckerberg detailing how he cut Saverin from Facebook and diluted his stake. As a part of the settlement, Saverin stopped talking to the press. Facebook (now Meta) is perhaps the largest and most recognized social media company in the U.S. Julie Anke: Fresh Video Of 10 Years Old Chrisland School Girl With Another Boy Pop Up Online. Eduardo graduated magna cum laude from Harvard College with a . ", Funny story: Saverin first made international headlines at the tender age of 13, when he beat a chess grandmaster during a match in Orlando. Further, Eduardo Saverin filed a suit against Zuckerberg claiming he spent Facebooks money on his expenses over the summer. On September 27, 2004, Peter Thiel formally acquired 9% of the new company with a convertible note worth $500,000. She is a Chinese Indonesian. Eduardo Saverin - Wikipedia One awkward IM exchange reveals how different Zuckerberg's life in Palo Alto was compared to Saverin's life back on the East Coast: Saverin: So you guys go out a lot to partiens [sic] and such there?Zuckerberg: But in general we don't do fun things. No surprise there. Bryce Young is an American football quarterback for the Alabama Crimson Tide. Saverin stayed in school. A prominent Romanian Jew, Eugnio founded the chain of kidswear retailer Tip Top in So Paulo, in 1952. On 15 May 2012, Eduardo was cut from Facebook and his stake was diluted by Zuckerberg. The Social Network was very well received by critics, who praised its direction, acting, editing, and score, and has been named as one of the best films of the decade. It was nothing related to the news at the time. 2004: Saverins shareholder agreement A lawsuit was filed against Eduardo Saverin by Facebook in October 2005. Saverin counts meteorology among his interests. Eduardo was, for all intents and purposes, gone. Eduardo Saverin is a billionaire entrepreneur, known as one of the co-founders of Facebook. Saverin is the founder of several companies like Bird (scooters), and Bellevue (Software). [22] In 2009, both suits were settled out of court. It's also well known that the friendship ended in a lawsuit between Mark Zuckerberg and Facebook co-founder Eduardo Saverin. What was Saverin's settlement after his lawsuit? So, did she have an affair? Eduardo Saverin Net Worth | Celebrity Net Worth The Social Network told the story of Facebook's creation, but it took many liberties for the sake of drama. Eduardo Saverin is a co-founder of Facebook. What Happened to Facebook Co-Founder Eduardo Saverin? | #shorts They were right. The gorgeous and delicate Soledad O'Brien working as a correspondent for CNN morning show Starting Point with Soledad OBrien was born in 19 September 1966 at Saint James, New York; USA. A Brazilian native, Saverin has been a Singapore resident since renouncing his U.S. citizenship in 2012 ahead of Facebook's IPO. Eduardo Saverin Responds To The Social Network - Adweek Contrary to what has been said, the Saverins didn't choose to leave the South American nation because of kidnapping threats. On this topic, Saverin's father, Roberto, told Altman how he feels about his son giving up his U.S. citizenship: "It was hard for me, because of the life I built in the U.S., hearing from Eduardo that he had to give up on his citizenship. Brazilian-born Saverin is the new No.1 in the ranks of Singapore's richest. 36 years (May 14, 1984) Inside the Lives of the Social Network Characters, 10 Years Later Entrepreneurship is really about passion. A friend from Saverin's Harvard days, Raj Ganguly cofounded B Capital with him in 2015. Saverin is a co-founder of Meta Platforms, the company behind Facebook -- the world's largest social-network. Her family runs numerous businessed in Indonesia. Mark Zuckerberg was a Harvard computer science student when he, along with classmates Eduardo Saverin, Dustin Moskovitz, and Chris Hughes invented Facebook. Photo: AP / Richard Drew. "And he sits with the entrepreneur and starts asking about first-time delivery success rates.. So Mark's lawyers were looking for arguments against Eduardo which supports the fact that his actions jeopardized the company. But Saverin and Ganguly are optimistic. And I believe there's a new Facebook out there to be found. Mark Zuckerberg cut out his long-term friend and business partner Eduardo Saverin from Facebook. Saverin, originally born in Brazil, renounced his U.S. citizenship one year after The Social Network hit theaters. Wiki, Biography, Age, Spouse, BambinoBeckys bio: age, height, real name, relationship, net worth, How to make your rental feel like home right away, Can you zoom out on TikTok? In a Q&A session, Zuckerberg even said that the film made up a bunch of stuff that I found kind of hurtful, and that the story had to be embellished as writing code, building a product, and building a company is not a glamorous enough thing to make a movie about. After one year of their engagement, Eduardo and Elaine tied the knot with each other on 25 June 2015. What happened to Sean Parker? That is not true, he says. So Zuckerberg appears to have approached Saverin because Saverin had money and a vision for how to make more of it. Citizenship Before IPO", "United States Securities and Exchange Commission Initial Statement of Beneficial Ownership of Securities - Eduardo Saverin", "Eduardo Saverin's Net Worth Publicly Revealed: More Than $2 Billion in Facebook Alone", "Facebook Co-Founder Eduardo Saverin Invests In Qwiki", "Exclusive: Facebook Co-Founder Eduardo Saverin Leads $6.5M Round For Jumio", "The Social Network: How Jewish is Facebook? CNBC. He was charged for signing the invalid signature in the stock-purchase agreement. The Real Story Behind the Social Network, the Facebook Movie The site would be called TheFacebook.com. Almost immediately after the move, the relationship between cofounders began to fray. Reflects change since 5 pm ET of prior trading day. Gangulys worked with Saverin since 2012, when the friends from their Harvard daysGanguly got his business school degree therereconnected in Singapore. This new version includes new material: Previously unpublished email correspondence between Zuckerberg and Facebook's early lawyers. As he speaks via Google Hangout in January, Forbes asks if hes used a Facebook Portal, the video chat device the company launched in October to some criticism. Heres Forbes award-winning story on how Isabel dos Santos banked $3 billion in a country living on $2 a day. He took 3.3. million shares for himself and gave 2 million to Sean Parker and 2 million to Dustin Moskovitz. At one point, he reached out to Cameron Winklevoss, Tyler Winklevoss, and Divvya Narendra the Harvard students who allege that Mark Zuckerberg stole their idea for the company in the first place. Saverin served the role of chief financial officer and business manager as a co-founder of Facebook. He could have been your college roommate. But it's based on a true story. When she's not writing, you can find her trying to learn a new language, watching hockey (go Avs! Its the cherry on top of the cake, says Samir Bodas, CEO of Bellevue, Washington-based Icertis, a contract management software maker that has signed at least three multimillion-dollar deals from connections made by senior partners at BCG. He is listed as one of the richest businessmen in the world. [30][31] They met while they were both studying at their respective universities in the U.S. state of Massachusetts, he at Harvard and she at Tufts. They didnt start working together right away as in the film they ran into each other months after that first meeting on the streets of Palo Alto. I'm just going to cut him out and then settle with him. Offers may be subject to change without notice. While both exuded a certain naivete, they were both convinced that they were going to change the world. Eden Palmer Cause Of Death: what happened to the actress? His obsession with Harvards clubs and reaching a certain social status are also not true, with Zuckerberg saying that its all a big disconnect from the way people who make movies think about what we do in Silicon Valley building stuff. How Many Games Are Played In The First Round Of The NHL Playoffs. [26], In addition to forming B Capital, in early 2020, Saverin invested in Antler, an early-stage VC fund and startup accelerator founded by his friend and Harvard classmate, Magnus Grimeland. After Saverin began talking to Mezrich, he and Facebook settled their lawsuits. "The Social Network" is a work of fiction, of course. After his cocaine stunt (and his attempted manipulation of Mark into believing he was innocent and Eduardo was the culprit), Sean was fired from Facebook although, as Mark says, he still owns seven percent of the company. Guillermo del Toro said hi to her once. Across two interviews, Saverin says the company is incredibly close to my heart and shares praise for Zuckerberg and COO Sheryl Sandbergs leadership. B Capital is growing fast. Things quickly went south from there. Zuckerberg wrote in an instant message to an unnamed confidant at the time, saying of Saverin, We basically need to sign over our intellectual property to a new company and just take the lawsuit Im just going to cut him out and then settle with him", Zuckerberg during an interview with The Atlantic. On the now infamous e-mail sent by Mark Zuckerberg to another Facebook cofounder, Dustin Moskovitz, in which he discusses how Saverin's stake in the site could be reduced: "I have only good things to say about Mark, there are no hard feelings between us. And I want to invest in Brazil as well, because I am Brazilian and that's in my heart. Eduardo Saverin cofounded Facebook with Harvard classmate Mark Zuckerberg in 2004. university of illinois women's swimming roster; what happens if you don't pay a seatbelt ticket; maid cafe miami Hes always denied moving to Singapore for tax reasons and cringes at his Hollywood alter egohes more comfortable behind a spreadsheet than on the silver screen. By Hosted by Jack FarberLets connect on IG, I respond to DMs: https://www.instagram.com/juice_business/ Zuckerberg chose Saverin because he knew he had enough money to do it. Ready to set the record straight, and after months of negotiations, Saverin welcomed Altman and photographer Gilberto Tadday at his new multi-million dollar condo in Singapore, where he lives since 2009, which also serves as his office. Zuckerberg hinted at a hardball solution, one based on some "dirty tricks" used by Peter Thiel. Being a technology guy, its an exciting place. Founders who meet with Saverin and B Capital in 2019 cant be sure if theyre sitting down with a future Midas List-caliber tech investor or a billionaire dilettante. It emerged a few months later and just raised $150 million. But by 2015, Ganguly and Saverin split off with a new idea to build a firm around two points of distinction: as a strong footprint in Southeast Asia, an emerging market with less competition for deals, and as a matchmaker for one of the worlds most prominent consulting firms, Boston Consulting Group. Later, Eduardo was titled the co-founder of Facebook. Saverin's lawsuit alleged that the stock purchase in 2005 was invalid. Heres everything The Social Network got wrong. Tristan is a well-known superstar with a sizable fan base as a resul Tim Van Patten and his wife, Wendy Rossmeyer, married in May 1996. No fun things though?Zuckerberg: Eh, enough. Now a venture capitalist, he still derives most of his wealth from his small but valuable stake in Facebook. What was hard, however, was getting Facebook co-founder Saverin's attention, getting him to make a decision, and getting him to sign off on the reformation of Facebook as a company under Delaware law a crucial step before any funding deals could be completed. What finally ruined the relationship between Saverin and Zuckerberg for good was Facebook's need for funding. Prior to Screen Rant, she wrote for Pop Wrapped, 4 Your Excitement (4YE), and D20Crit, where she was also a regular guest at Netfreaks podcast. In response, Zuckerberg's lawyer issues a prescient warning: "As Eduardo is the only shareholder being diluted by the grants issuances there is substantial risk that he may claim the issuances, especially the ones to Dustin and Mark, but also to Sean, are a breach of fiduciary duty later on if not now. He was charged for signing the invalid signature in the stock-purchase agreement. Parkers main task was to get money for the site, something he was familiar with as he raised money for Napster and knew his way around Silicon Valley. He owned B Capital, the venture capital firms in Singapore. The topline of todays news: Becky Lynch won the first ever all-female WrestleMania final; Facebook cofounder Eduardo Saverin has raised $406 million for his B Capital VC fund; The Forbes Brink List introduces the brightest young stars in venture capital. "Facebook Co-Founder May Gain Choosing Singapore Over the U.S.", "Saverin 'has no plans to become S'pore citizen', "Status update: Facebook co-founder Eduardo Saverin marries Singapore-based Elaine Andriejanssen", "Quarterly Publication of Individuals, Who Have Chosen to Expatriate, as Required by Section 6039G", "Facebook Co-Founder Saverin Gives Up U.S. Eduardo Saverin and Rajarshi "Raj" Ganguly are two of the three cofounders of B Capital Group, a venture capital firm with close to $800 million, split between a first and a second fund (still being raised). And to hear Saverin talk about it, hes at peace with his Facebook past (and remains one of the biggest individual shareholders, with a 2% stake in the $475 billion company). The Facebook question. Today, hopefully he doesnt become a user at his age, hes too young. His life seemed a clich: Gossip sheets gushed about his Bentley, a standing table at an elite night club and legendary bar tabs that could reach $50,000.