Evan Spiegel net worth is estimated to be around $2.6 billion as of 2024. Evan Spiegel is a French-American entrepreneur and the co-founder and CEO of Snap Inc born on June 4, 1990. In 2015, Spiegel was the youngest billionaire globally. As of August 2024, Forbes estimates his net worth at $2.6 billion.
Evan Spiegel in Brief
Full Name | Evan Spiegel |
Date of Birth | June 4, 1990 |
Place of Birth | Los Angeles, California, USA |
Occupation | Entrepreneur, CEO of Snap Inc. |
Height | 6 feet (183 cm) |
Spouse | Miranda Kerr |
Children | Hart Spiegel Myles Spiegel Pierre Spiegel |
Net Worth | $2.6 billion |
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What is Evan Spiegel Net Worth in 2024?
Evan Spiegel is a French-American entrepreneur and the co-founder and CEO of Snap Inc. with a net worth of $2.6 Billion as of 2024, according to Forbes. The main source of Evan Spiegel’s net worth is his role as the co-founder and CEO of Snap Inc., the company behind Snapchat.
He created Snapchat, a popular social media app, with his Stanford University classmates in 2011. The app quickly became very popular, especially among younger users, and Snap Inc. went public in 2017.
Spiegel owns a significant portion of Snap Inc.’s stock, and the company’s growth and success have made his shares very valuable, making him one of the youngest billionaires in the world. His net worth largely comes from the value of these shares.
Evan Spiegel’s Early Life and Education
Evan Spiegel was born in Los Angeles to John W. Spiegel and Melissa Ann Thomas. He grew up in Pacific Palisades and was raised in the Episcopalian faith. Spiegel attended Crossroads School for Arts and Sciences in Santa Monica and later went to Stanford University.
During high school, Spiegel took design classes at Otis College of Art and Design and continued his studies at Art Center College of Design before starting at Stanford. He also did an unpaid sales internship at Red Bull.
While in college he worked as an intern for a biomedical company taught careers in Cape Town South Africa and contributed to the TxtWeb project at Intuit. Spiegel is a member of the Kappa Sigma fraternity.
Evan Spiegel’s Career
In April 2011, Evan Spiegel introduced an app idea for his product design class focusing on temporary messaging. Later that year, he teamed up with Stanford classmates Bobby Murphy and Reggie Brown to develop the prototype initially named “Picaboo” which was eventually rebranded as Snapchat.
The app gained rapid popularity and by 2012 Spiegel left Stanford to dedicate himself fully to Snapchat. By the end of that year, Snapchat had 1 million daily users. Spiegel finished his degree and graduated in 2018.
In February 2017, Spiegel and Murphy committed to donating up to 13 million shares of Snap Inc. stock over 15 to 20 years to support arts education and youth programs through their nonprofit the Snap Foundation.
The foundation aims to help underserved youth in Los Angeles access creative opportunities. Recently they donated $3 million to assist those impacted by COVID-19.
In January 2017 the Wall Street Journal reported that after Snap Inc.’s IPO, Spiegel and Murphy would retain over 70% of the company’s voting power and hold about 45% of the stock.
In 2021, Evan Spiegel joined the board of directors at the investment management firm Kohlberg Kravis Roberts.
Evan Spiegel’s Personal Life
In 2015, Evan Spiegel started dating Australian model Miranda Kerr. They got engaged on July 20, 2016, and married in a private ceremony in Los Angeles on May 27, 2017. A month before the engagement Spiegel bought a $12 million house that once belonged to Harrison Ford. They have three sons together Hart, Myles, and Pierre.
By 2021, Spiegel was worth $13.8 billion and was ranked 55th on the Forbes 400 list.
In March 2017, Spiegel became one of the youngest CEOs of a public company at age 26 when Snap went public. He is also part of the Berggruen Institute’s 21st Century Council.
Spiegel who loves French culture, learned French and in 2018 he and his son Hart received French citizenship due to their contributions to French culture and economy. In November 2022, he joined the board of directors for Gagosian Gallery.
Charity
In terms of charity, Spiegel donated $20 million to Stockton Scholars a scholarship program in Stockton California in 2022. He and Miranda Kerr also paid off the student debt for the graduating class of Otis College of Art and Design in 2022.
Evan Spiegel’s Controversy
In 2014 leaked emails from Spiegel’s time at Stanford revealed disturbing content. The emails contained misogynistic and homophobic remarks with suggestions to get women heavily intoxicated to coerce them into sex.
Spiegel made comments about setting up his friends with “drunk sorority girls” and targeting “overweight girls” with laser pointers. He also promoted underage drinking.
Spiegel later apologized saying “I’m deeply sorry and ashamed that these foolish emails from my fraternity days were exposed. There’s no excuse for them and they don’t reflect who I am now or my current views on women.”
Evan Spiegel Real Estate
Evan bought a house in Brentwood, LA, in 2014 for $3.3 million. He put it up for sale in April 2024 for $4.95 million.
In 2016, he bought another home in Brentwood from Harrison Ford for $12 million. Evan married Miranda at this house in 2017. In April 2024, they listed this home for just under $20 million.
Evan and Miranda also co-own a vineyard in Australia and a home in Malibu. In 2021, they spent $100 million on a property in Holmby Hills, California, which is near the Playboy mansion.