The Trust Advisor Quotes Gideon Rothschild on Facebook Co-Founder's Expatriation

June 7, 2012

The Trust Advisor
May 28, 2012

Gideon Rothschild is quoted in the May 28, 2012 article “Expatriate Facebook Founder’s ‘Take the Money and Run’ Pre-IPO Scheme is Legal, Experts Say” published in The Trust Advisor e-Newsletter. Gideon comments on the controversy surrounding Facebook co-founder Eduardo Saverin’s decision to renounce his U.S citizenship and pay an “exit tax” when leaving for Singapore. “What he did was perfectly legal,” Gideon explains. He also goes on to offer advice to future dot-com billionaires who may someday find themselves in a similar situation. “Maybe it’s going to be another Google, another Facebook, you don’t want to hold it in your name,” he says. “You want to put it in a trust.” READ MORE