LeaderPortfolio
Spiegel
Evan Spiegel
Rank #1761
UNITED STATESTechnologySnapchat

Evan Spiegel

Net Worth
$2.368B
+1.46% (24h)
Evan Spiegel is the co-founder and CEO of Snap Inc., the parent company of the popular social media platform Snapchat. Born on June 4, 1990, Spiegel's vision for ephemeral messaging disrupted the social media landscape. He began his career while at Stanford University, co-founding Snapchat with Bobby Murphy and Reggie Brown. His leadership has been instrumental in growing Snap Inc. into a multi-billion dollar enterprise. Spiegel's net worth is estimated to be $2.3 billion as of 2024. He is married to model Miranda Kerr and resides in Los Angeles.

The Full Dossier

Early Life

Evan Thomas Spiegel was born on June 4, 1990, in Los Angeles, California. He grew up in Pacific Palisades, Los Angeles, and attended Crossroads School for Arts and Sciences in Santa Monica. Spiegel's parents are lawyers. During his high school years, he took design classes at the Otis College of Art and Design and the Art Center College of Design in Pasadena. He also had an internship at Red Bull.

Rise to Success

Spiegel attended Stanford University, where he studied product design. In April 2011, as a product design class project, Spiegel, along with Bobby Murphy and Reggie Brown, proposed an app with ephemeral messaging, which later became Snapchat. The app, initially called Picaboo, was launched in 2011 and later renamed. Spiegel left Stanford before graduating to focus on Snapchat.

Key Business Strategies

Snapchat's success lies in its unique approach to social media, allowing users to share photos and videos that disappear after a short time. Snap Inc. went public in 2017. In 2013, Spiegel famously turned down a $3 billion acquisition offer from Facebook. Snap Inc. has also expanded its offerings through products like Spectacles and acquisitions of companies focused on augmented reality.

Philanthropy

Spiegel and his wife Miranda Kerr established the Spiegel Family Fund, committed to philanthropy in California and beyond. In 2017, he donated $20 million to Stockton Scholars, a program that provides scholarships to students in Stockton, California. In 2022, he and Kerr announced they would pay off the student loans for all graduating students at the Otis College of Art and Design.

Career Timeline

2018

Graduated from Stanford University

Completed his Bachelor's degree.

2017

Snap Inc. IPO

Snap Inc. went public on the NYSE.

2015

Youngest Billionaire

Became the youngest billionaire in the world at age 25.

2014

Named one of the 100 Most Influential People in the World

Recognized by Time magazine.

2012

Left Stanford University

Dropped out of Stanford to focus on Snapchat.

2011

Co-founded Snapchat

Launched the photo-sharing app Snapchat with Bobby Murphy and Reggie Brown.

Philanthropic Impact

Education$20M

Stockton Scholars

Donated to this program that provides scholarships to students in Stockton, California.

EducationUnknown

Student Loan Repayment

Committed to pay off the student loans for all graduating students at the Otis College of Art and Design in 2022.

Wealth Trajectory