The Incredible Wealth of Evan Spiegel, Co-Founder of Snapchat

Estimated read time 4 min read
TechCrunch, CC BY 2.0 https://creativecommons.org/licenses/by/2.0, via Wikimedia Commons
Personal InformationDetails
Full NameEvan Thomas Spiegel
Date of BirthJune 4, 1990
Place of BirthLos Angeles, California, USA
NationalityAmerican
EducationStanford University, Product Design
Marital StatusMarried to Miranda Kerr
ChildrenThree
Career InformationDetails
CompanySnapchat, Inc.
PositionCo-founder and CEO
Net Worth$10 billion (as of 2021)
IndustryTechnology
AchievementsForbes’ youngest self-made billionaire
Time 100 most influential people in 2014
Philanthropist

Evan Spiegel is the CEO of Snap Inc., the parent company of Snapchat, one of the largest social media platforms in the world. founder and CEO. He was born on June 4, 1990 in Los Angeles, California. Spiegel grew up in a wealthy family and attended the Crossroads School of Arts and Sciences, where he developed an early interest in technology and design.


In 2010, Spiegel entered Stanford University and met the future Snap Inc. with founders Bobby Murphy and Reggie Brown. Together, they created an early version of Snapchat called Picaboo, which allowed users to send disappearing photos. In 2011, Spiegel and Murphy left Stanford to work full-time at Snapchat.


Snapchat quickly gained popularity, especially among younger audiences, and Spiegel’s innovative approach to social media helped make the platform what it is today. The app’s popularity led to several high-profile offers to buy Snapchat, including a reported $3 billion offer from Facebook in 2013, which Spiegel turned down.


Snap Inc. went public in 2017, and Spiegel became one of the youngest CEOs of a publicly traded company. He continued to lead the company’s growth by expanding the platform’s features and investing heavily in new features such as augmented reality and gaming.
Spiegel’s success has made him one of the richest people in the world, with an estimated net worth of $13.4 billion in 2021. He has used his wealth to support a number of charitable causes, including education and environmental protection.

Here is a timeline of Evan Spiegel’s life and career:

  • June 4, 1990: Evan Spiegel is born in Los Angeles, California.
  • 2008: Spiegel graduates from the Crossroads School for Arts and Sciences in Santa Monica, California.
  • 2008-2012: Spiegel attends Stanford University and studies product design.
  • 2011: Spiegel, Bobby Murphy, and Reggie Brown co-found Snapchat.
  • 2012: Snapchat launches and quickly gains popularity among young people.
  • 2013: Facebook offers to acquire Snapchat for $3 billion, but Spiegel and Murphy turn down the offer.
  • 2014: Spiegel becomes the CEO of Snapchat.
  • 2017: Snap Inc., Snapchat’s parent company, goes public and raises $3.4 billion in its initial public offering.
  • 2018: Spiegel and his wife, Miranda Kerr, donate $8 million to fund research into the impact of social media on children’s mental health.
  • 2021: Forbes estimates Spiegel’s net worth at $10 billion.

Throughout his career, Spiegel has been recognized as a visionary entrepreneur and a pioneer in the world of social media. His success with Snapchat has made him one of the youngest self-made billionaires in the world, and his philanthropy has demonstrated his commitment to using his wealth to make a positive impact on society.

Here are 5 interesting facts about Evan Spiegel and 5 quotes from him:

5 interesting facts:

  1. Evan Spiegel was a member of Kappa Sigma fraternity during his time at Stanford University.
  2. He was inspired to create Snapchat after a conversation with his fraternity brothers about the impermanence of photos shared on social media.
  3. In 2015, Spiegel was named the youngest person on Forbes’ 400 richest Americans list at the age of 25.
  4. He was the subject of controversy in 2014 when a series of leaked emails revealed that he had made disparaging comments about India and Spain.
  5. Spiegel is married to supermodel Miranda Kerr, and the couple has three children together.

5 quotes from Evan Spiegel:

  1. “It’s not about working harder, it’s about working the system.”
  2. “We do have a sense of entitlement, a sense of ownership, because after all, this is the world we were born into, and we are responsible for it.”
  3. “We are constantly working to improve the user experience and make the app better for our users.”
  4. “I think everyone is born creative, but it can be suppressed by fear.”
  5. “We’re not saying that traditional social media is bad, but there’s definitely a lot of room for innovation.”

You May Also Like

More From Author