Facebook co-founder Eduardo Saverin will not be taking the marital plunge despite published reports.
The 33-year-old billionaire was reportedly set to say 'I do' to Rachel Kum, the 2009 Miss Singapore Universe, in a ceremony on Saturday, June 27.
It was reported that Saverin would spending millions to rent out all 74 rooms and suites at the Grand-Hôtel du Cap-Ferrat Four Seasons on the French Riviera for the big day.
His representative however reports that Saverin and Kum are not in fact getting married, and that the two have never even dated.