Evan Spiegel
Los Angeles, California
Drop Out, Stanford University
United States
Snap
8
Snapchat, Self Made
$4,000,000,000
1116
1
#1116 Billionaires 2019
#354 Forbes 400 2018
Snapchat creator Spiegel became one of the youngest public company CEOs at age 26 when Snap began trading in March 2017.Each day some 191 million people use Snapchat to send disappearing messages; the app faces growing competition from Facebook-owned Instagram. Spiegel cofounded the company with Bobby Murphy, a Stanford University fraternity brother, in 2011.Spiegel and Murphy each own about 18% of Snap but have voting shares that give them control over the board.
In 2013, Spiegel turned down an offer from Facebook to buy Snapchat for $3 billion.Spiegel grew up in the Los Angeles area and married supermodel Miranda Kerr in the summer of 2017. They had their first child, a boy named Hart, in May 2018.In February 2017, Spiegel and Murphy launched a foundation for education and the arts. They plan to donate up to 13,000,000 Class A shares to the nonprofit by 2027.
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