Evan Spiegel is an American businessman, born on June 4, 1990.

He’s the co-founder and CEO of Snap Inc., the corporate behind the favored social media platform Snapchat.

Spiegel grew to become one of many youngest billionaires on this planet in 2015, and as of March 2023, he had a private web value of $2.7 billion based on Forbes.

He’s recognized for his function in creating and main Snapchat, which has a big person base and is valued at billions of {dollars}.

Spiegel’s background consists of learning product design at Stanford College, the place he dropped out to give attention to Snapchat full-time.

He’s additionally acknowledged for his high-profile marriage to the Australian supermodel Miranda Kerr, with whom he has kids.

Regardless of his success, Spiegel has confronted criticism and controversy, together with scrutiny of his management and previous conduct.

Age, top and weight

Spiegel, born on June 4, 1990, is 6 ft (183 cm) tall and weighs 161 lbs (73 kg).

He’s 33 years outdated as of January 2024.

Ethnicity and nationality

Spiegel is an American citizen with a various ethnic background that features German, Irish, English, French, Scottish, Swiss-German, Welsh and distant Cornish heritage.

He additionally holds twin citizenship in america and France, having obtained the French passport by means of his father in 2018.

Spiegel was raised an Episcopalian

Dad and mom and siblings

Spiegel is the eldest of three kids born to John W. Spiegel and Melissa Ann Spiegel, each of whom are legal professionals.

He has two siblings.

His father, John W. Spiegel, is a outstanding lawyer, and his mom, Melissa Ann Spiegel, can also be a lawyer.

Wife and youngsters

Spiegel is married to Miranda Kerr, an Australian supermodel.

They’ve two kids collectively: a son named Hart, born in Could 2018, and a son named Myles, born in October 2019.

Kerr additionally has a son named Flynn from her earlier marriage to actor Orlando Bloom.

As of September 2023, Kerr introduced that she is pregnant with their third little one, a boy, making it her fourth little one and the third with Spiegel

Evan Spiegel PHOTO/Forbes

Profession

Spiegel attended Stanford College to review product design, the place he met his eventual co-founder, Bobby Murphy, in 2009.

Their first facet venture was a web site aimed toward bettering the best way highschool college students utilized to varsity.

The concept for Snapchat got here later in spring 2011, reportedly spurred on by a dialog amongst fraternity brothers about sexting.

The unique thought for it, although, was from Reggie Brown, Spiegel’s fraternity mate.

They rebranded as Snapchat and re-launched in September 2011.

In October 2012, Snapchat for Android was launched, and inside a yr, they’d gone viral, with customers sending 50 million snaps a day.

In 2013, Spiegel rejected a suggestion of $3 billion from Fb to accumulate Snapchat.

Right this moment, the corporate is valued at $20 billion, whereas Spiegel himself is value $2.1 billion based on Forbes.

Spiegel’s management has been marked by each success and controversy, and he has turn out to be a outstanding determine within the tech trade.

Regardless of dealing with criticism and scrutiny, Spiegel has performed a big function within the growth and success of Snapchat, which has a big person base and is valued at billions of {dollars}.

Snapchat headquarters, income and extra

Snap Inc., headquartered in Santa Monica, California, is the mum or dad firm of the favored social media platform Snapchat.

As of 2023, Snapchat had over 750 million month-to-month lively customers, with a good portion of its person base being a part of Era Z.

In 2022, the app was downloaded 330 million occasions, with 54 million of these downloads within the U.S. market.

Nearly all of Snapchat’s person base is a part of Era Z, and the app has a possible attain of 575.7 million folks, which is 11.4% of all web customers and seven.2% of the worldwide inhabitants.

Snapchat generates income primarily by means of promoting.

In 2022, the corporate’s income elevated by 12% to $4.6 billion, marking the bottom annual proportion progress recorded.

Nonetheless, Snapchat additionally reported a web lack of $1.4 billion in 2022, following 4 straight quarters of losses after its first worthwhile quarter in This fall 2021.

Regardless of this, the corporate has seen constant progress in its person base and promoting attain.

The platform’s income has grown considerably since its launch in 2011.

In 2021, Snapchat’s annual income was $4.1 billion, up from $2.5 billion in 2020.

The corporate has additionally made efforts to innovate, notably within the discipline of augmented actuality, which it sees as a possible avenue for future progress.

In abstract, Snapchat, underneath the umbrella of Snap Inc., has skilled substantial progress in its person base and promoting attain.

Whereas the corporate has seen constant income progress, it has additionally reported important web losses in recent times.

Regardless of this, Snapchat stays a preferred platform, notably amongst youthful customers, and continues to innovate within the social media and augmented actuality areas.

Net value

Spiegel’ has a web value that has fluctuated over time.

Nonetheless, as of the most recent estimates, his web value is round $2.6 billion based on Forbes.

Spiegel’s wealth is primarily attributed to his function in creating and main Snapchat, which has turn out to be a broadly used social media platform.

On the peak of Snap’s inventory worth, Spiegel was value as a lot as $15 billion.

Nonetheless, his web value has skilled important fluctuations as a result of efficiency of Snap’s inventory.

Spiegel’s journey to wealth started with the success of Snapchat, which he co-founded whereas nonetheless in his early 20s.

The corporate’s preliminary public providing (IPO) in 2017 additional solidified his billionaire standing, making him one of many youngest official billionaires on the time.

Regardless of the fluctuations in his web value, Spiegel stays a outstanding determine within the tech trade and has continued to form the digital panorama by means of his work with Snap Inc.

Evan Spiegel
Evan Spiegel and Miranda Kerr PHOTO/Getty Photographs

FAQ

How did Evan Spiegel turn out to be a billionaire at such a younger age?

Spiegel co-founded Snapchat, which grew quickly in recognition, resulting in a big enhance in his wealth.

The corporate’s success, notably within the social media and messaging house, contributed to his billionaire standing.

What units Evan Spiegel other than different tech entrepreneurs?

He’s recognized for his revolutionary method to social media, having disrupted the digital panorama with Snapchat’s iconic disappearing messages and augmented actuality filters.

His potential to push boundaries and reshape digital existence has set him other than different Silicon Valley tycoons.

What was the important thing think about Snapchat’s speedy progress?

Snapchat’s speedy progress might be attributed to its distinctive options, reminiscent of disappearing messages and revolutionary filters, which revolutionized communication and resonated with thousands and thousands of customers worldwide.

How did Evan Spiegel’s background affect his entrepreneurial journey?

Coming from a comparatively rich household, Spiegel’s background offered him with the assets and alternatives to pursue his entrepreneurial ambitions.

His training at Stanford College and early experiences within the tech trade additionally performed a big function in shaping his path.

What challenges has Evan Spiegel confronted within the tech trade?

Spiegel has confronted challenges reminiscent of intense competitors, notably from Fb, which integrated related functionalities into its platform.

Moreover, the fluctuation of Snapchat’s share costs and the corporate’s earnings not assembly expectations have posed challenges to Spiegel’s management.

How does Evan Spiegel’s private life affect his public picture?

His marriage to the Australian supermodel Miranda Kerr and his presence within the vogue trade have contributed to his public picture, making him a outstanding determine in each the tech and vogue worlds.

What’s the present web value of Evan Spiegel?

As of the most recent out there info, Spiegel’s web value is estimated to be round $2.6 billion based on Forbes.

Nonetheless, different sources have cited completely different figures, so his web value could have fluctuated.

What was the affect of Evan Spiegel’s rejection of Fb’s acquisition provide?

In 2013, Spiegel rejected a suggestion of $3 billion from Fb to accumulate Snapchat.

This determination finally led to the continued independence and progress of Snapchat as a platform, solidifying Spiegel’s place as a key participant within the tech trade.

How has Evan Spiegel’s management model influenced the event of Snapchat?

His management has been marked by each success and controversy.

His revolutionary imaginative and prescient and strategic selections have performed a big function within the growth and success of Snapchat, regardless of dealing with criticism and scrutiny.

What are Evan Spiegel’s future plans and aspirations?

Spiegel continues to form the digital panorama and encourage future generations of entrepreneurs.

His ongoing dedication to innovation and boundary-pushing means that he’ll stay a outstanding determine within the tech trade, with potential future endeavors and achievements.