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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.

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They do: Eduardo Saverin (left in 2011) will not wed Miss Singapore Universe 2009 Rachel Kum (right at the 2009 competition) on June 27 despite reports as the two have never even dated

Pricey: Saverin had reportedly rented out the entire Grand-Hôtel du Cap-Ferrat Four Seasons (above) on the Cote d'Azur for the ceremony

Former pal: Saverin, who is worth $5.1billion, was one of the co-founders of Facebook alongside former friend Mark Zuckerberg (above in 2014 with wife Priscilla Chan)

Page Six picked up the report from the Brazilian website Glamurama that claimed Saverin was flying in his friends from all over the world for the big day.

Most of the tech world's biggest names were set to already be in nearby Cannes that week for the annual Cannes Lions Festival of Creativity.

Saverin, who is worth a staggering $5.1billion, is said to have saved over $700million when he renounced his United States citizenship in 2011 and moved to Asia.

He said of his decision in a 2012 interview; 'The decision was strictly based on my interest of living and working in Singapore. I am obligated and I will pay hundreds of millions of dollars in taxes to the American government. I already paid and I will keep paying whatever taxes I owe based on my time as a U.S. citizen.' 

Saverin, who was born in Brazil and emigrated to the United States in 1993 with his family, has never returned to the US since moving to Singapore in 2009.

Kum meanwhile has her own cosmetics company, Rachel K Cosmetics, which Saverin is not an investor in despite previously published reports.

And while Kum did not win the 2009 Miss Universe title, she did walk away with awards for Miss Body Beautiful and Miss Personality.

Kum, 30, actually worked at a hedge fund before competing in Miss Universe, and holds a finance degree from the University of Western Australia. 

Luxury: The Hotel du Cap (above) is one of the most popular hotels in the world, sitting right on the French Riviera

Movie: Saverin and Zuckerberg's contentious relationship was the basic for the 2010 film The Social Network, where Andrew Garfield (above) played Saverin

Saverin, who held the roles of chief financial officer and business manager for the first few years of Facebook before leaving the company, settled a lawsuit with Zuckerberg in 2010 after it was revealed that his shares in the company had been diluted by his former friend after being cut from the company.

Their contentious relationship was the focus of the 2012 film The Social Network, where Zuckerberg was played by Jesse Eisenberg and Saverin by Andrew Garfield. 

Saverin, who is not allowed to speak of the terms of his settlement with Facebook due to a non-disclosure, said of Zuckerberg in 2012; 'I have only good things to say about Mark, there are no hard feelings between us. 

'His focus on the company since its very first day is anything short of admirable. He was a visionary, he always knew that the only way for Facebook to grow was to maintain its central idea, that of people truly presenting themselves as they are, without nicknames or pseudonyms.'

Saverin now spends his time investing in companies, and as he has not been back in the country was not at the weddings of any of his fellow Facebook founders over the past six years; Zuckerburg, Chris Hughes and Dustin Moskovitz.

It is not known if he was invited to these weddings.

FACEBOOK FOUNDER WEDDINGS: FROM LOW-KEY TO OVER-THE-TOP

Zuckerberg and Chan at their 2012 wedding

Mark Zuckerberg and Priscilla Chan

Wedding Date:  May 19, 2012

2014 Forbes 500 Rank: 16  ($33.4billion) 

Details: Zuckerberg and Chan were married in the backyard of their Palo Alto, California home. The 100 guests thought they were attending a surprise party to celebrate Chan's graduation from medical school when they showed up. There was Mexican food and sushi from nearby, and cheap, restaurants, and the Facebook founder announced the big news by changing his status on the social media site. 

Hughes and Eldridge at a 2012 event

Chris Hughes and Sean Eldridge (Part I)

Wedding Date: June 30, 2012 (Afternoon)

2014 Forbes 500 Rank: N/A ($935million)

Details: Shortly after Zuckerberg said 'I do,' Hughes and Eldridge exchanged vows in a very similar fashion at their home in Garrison, New York. The couple also kept things low-key, and had Zuckerberg and his new wife Chan there with 50 others to celebrate their big day, and Hughes also announced the news the same way as his friend, posting a Life Update on his Facebook page with photos of him and Eldridge taken with their dog at the wedding.

Hughes and Eldridge's wedding topper

Chris Hughes and Sean Eldridge (Part II)

Wedding Date: June 30, 2012 (Evening)

Details: Ivanka Trump and Jared Kushner, Arianna Huffington, Nacy Pelosi and Senator Chuck Schumer were just a few of the 350 guests who joined Hughes and Eldridge after their quiet ceremony for a rollicking celebration at New York City's Cipriani on Wall Street. Guests stayed at the swank Mandarin Oriental hotel, on Manhattan’s Columbus Circle, right by Per Se, the pricey restaurant where the rehearsal dinner was held the night before. Vanity Fair would later decribe the event as 'New York’s biggest and most elaborate gay wedding ever.'

Moskovitz and Tuna in a photo from 2012

Dustin Moskovitz and Cari Tuna

Wedding Date: Unknown 

2014 Forbes 500 Rank: 170 ($8.5billion) 

Details: Moskovitz went even more low-key than his pals when he got married, and no details are known about his wedding to Tuna. Moskovitz, who became the youngest self-made billionaire in history when Facebook went public, and the former Wall Street Journal reporter joined forces to create the organization Good Ventures.

Parker and Lenas at their 2013 ceremony

Sean Parker and  Alexandra Lenas

Wedding Date: June 1, 2013

2014 Forbes 500 Rank: 737 ($2.6billion)

Details: Parker, the first president of Facebook went over-the-top for his big day, spending an astonishing $10million on his ceremony in Big Sur which included celebrity guests like Allison Williams, Emma Watson, Olivia Munn, and Moskovitz and Hughes. Ngila Dickson, the Oscar-winning costume designer from Lord of the Rings actually fitted each of the guests with a costume for the ceremony, and it cost $4.5million alone just to prepare the site due to the various restrictions of having an event in the wooded area, rich with redwoods and requiring biologists and botanists to be brought in as advisers. The newlyweds then gathered their guests together the next day after the wedding were everyone sat together and watched the Red Wedding episode of game of Thrones. Parker later described the wedding as a 'a performance-art project' in an interview with Vanity Fair.