Washington, May 30 : Facebook's ousted co-founder Eduardo Saverin has said that he keeps a low profile on the social networking site he created with Mark Zuckerberg as he is concerned about online privacy.

"I don't like showing my privacy," Saverin said in a rare interview with the Brazilian magazine Veja.

Saverin, who made billions off the world's most popular social network, came into the limelight in mid May with his decision to renounce his U. S. citizenship for residence in Singapore, where there is no capital gains tax.

Had he remained a citizen, Saverin would have been hit with about 600 million dollars in capital gains taxes whenever he sold his Facebook shares.

According to Fox News, in the interview, Saverin, however, denied he left the US in order to avoid the tax penalty.

"The decision was only based on my interest in working and living in Singapore. I have and will pay hundreds of millions of dollars in taxes to the U. S. government," he said.

According to the report, Saverin also said that has no hard feelings towards Zuckerberg on being forced out of the company.

Saverin even went so far as to call Zuckerberg a ''visionary''. (ANI)