Billionaire Profile
Evan Spiegel
Global Rank
#1565

Image: Public domain | via Wikimedia Commons

Evan Spiegel

CEO, Snap Inc.
US
Real-Time Net Worth
$2.5B
As of December 2025
Age
35
Source
Snapchat
Industry
technology
Citizenship
US

Biography

Evan Spiegel is the co-founder and CEO of Snap Inc., the parent company of the popular social media platform Snapchat. Born in Los Angeles, California, in 1990, Spiegel's career has been marked by innovative thinking and entrepreneurial success. His primary source of wealth stems from his role in Snapchat, which he co-founded in 2011 while attending Stanford University. Snapchat's unique ephemeral messaging approach quickly gained popularity, leading to the company's IPO in 2017. Spiegel's leadership has been crucial in the platform's growth, with Snapchat currently boasting hundreds of millions of users worldwide. His achievements have solidified his place as a prominent figure in the tech industry and a self-made billionaire.

Wealth Over Time

In-Depth Profile

Early Life

Evan Thomas Spiegel was born on June 4, 1990, in Los Angeles, California, to John W. Spiegel and Melissa Ann Thomas, both lawyers. He grew up in Pacific Palisades, California, and attended the Crossroads School for Arts and Sciences in Santa Monica. Spiegel showed an early interest in design, taking classes at the Otis College of Art and Design and the Art Center College of Design before enrolling at Stanford University.

Rise to Success

While at Stanford, Spiegel, along with Bobby Murphy and Reggie Brown, conceived the idea for Snapchat. The app, initially named Picaboo, was launched in 2011. Spiegel's vision of ephemeral messaging quickly resonated with users, leading to rapid growth. He left Stanford before completing his degree to focus on Snapchat. The company was rebranded to Snap Inc. in 2016. In 2017, Snap Inc. went public with an IPO that valued the company at $24 billion.

Key Business Strategies

Spiegel's success is largely due to his innovative approach to social media, focusing on temporary content. He has expanded Snap Inc. to include Spectacles and various advertising products. His leadership style blends creativity with a forward-thinking approach that has resonated with today’s digital generation.

Philanthropy

Spiegel and his wife, Miranda Kerr, established the Spiegel Family Fund, which supports various causes, including arts, education, housing, and human rights. Spiegel and Murphy also created the Snap Foundation, dedicated to developing pathways to the creative economy for underrepresented youth in Los Angeles.

Career Milestones

2011

Co-founded Snapchat

Launched the ephemeral messaging app that would become a global phenomenon.

2015

Youngest Billionaire

Became the youngest billionaire in the world at age 25.

2017

Snap Inc. IPO

Took Snap Inc. public on the NYSE.

2017

Founded the Spiegel Family Fund

Established a philanthropic fund supporting various causes.

Philanthropy & Social Impact

Philanthropy

Spiegel Family Fund

N/A

Supports organizations dedicated to arts, education, housing, and human rights.

Philanthropy

Snap Foundation

N/A

Dedicated to developing pathways to the creative economy for underrepresented youth in Los Angeles.

Education

Stockton Scholars

$20M

Provided scholarship funds to the scholarship program

Education

Otis College of Art and Design

N/A

Paid off student loans for the 2022 graduating class

Disaster Relief

COVID-19 Relief

$3M

Donation to help people affected by the pandemic

Business Philosophy & Leadership

Notable Quotes

""I'm obviously mortified and embarrassed that my idiotic emails during my fraternity days were made public. I have no excuse.""

"“The combination of social and media has yielded incredible business results, but has ultimately undermined our relationships with our friends and our relationships with the media.”"

Leadership Principles

Innovation

Constantly seeking new ways to improve and evolve Snapchat's features.

Vision

Creating a unique approach to social media with ephemeral content.

Adaptability

Pivoting and reinventing both himself and his company to ensure long-term success.

Controversies & Challenges

2014

Leaked Emails

Leaked emails containing misogynistic and homophobic comments from his college days.

2018

Workplace Culture Allegations

Accusations of a "sexist" and "toxic" workplace culture at Snap Inc.