Evan Spiegel is known worldwide as the co-founder and CEO of the popular social media company Snapchat, which he co-founded in 2011 while still a student at Stanford University. This ingenious idea became a global brand that brought huge financial benefits to Spiegel and his associates, making him one of the youngest billionaires in the world.
In addition to his successful career as a tech executive and entrepreneur, Spiegel is also known for being one of a celebrity couple, the other half being his international model wife, Miranda Kerr, a former Victoria’s Secret star.
Who is Evan Spiegel?
Evan Thomas Spiegel was born on June 4, 1990 in Los Angeles, California. He was raised in the coastal neighborhood of Pacific Palisades in Los Angeles. Her father, John W. Spiegel, and her mother, Melissa Ann Thomas, are both lawyers. He has two sisters Lauren and Caroline Spiegel. He was raised in the Episcopal Church and attended high school at Crossroads School for Arts and Sciences in Santa Monica, Los Angeles County. While still in high school, he took design classes at the Otis College of Art and Design. After graduating, he studied briefly at the Art Center College of Design in Pasadena before continuing his education.
Spiegel was educated at Stanford University where he majored in product design. As an undergrad, he came up with the idea of creating a pop-up messaging app as part of a product design class project. The idea seemed really ridiculous to her classmates and they laughed at first. However, Spiegel began working on this concept alongside two other classmates – Bobby Murphy and Reggie Brown -. Together they launched a prototype “Picaboo” app in July 2011. Picaboo was eventually relaunched as “Snapchat” on September 16, 2011. By then Reggie Brown had been ousted from the company.
The popularity of Snapchat app grew by leaps and bounds and in 2012 Evan Spiegel left college to focus on its development. After almost 6 years, Spiegel returned to Stanford to complete his college degree in 2018.
Net value
Evan Spiegel owns 48% of the voting rights of Billions of Dollars, Snapchat Inc. and his net worth is a staggering $1.5 billion. For obvious reasons, Spiegel’s net worth is closely tied to the market value of his company Snapchat Inc.. As of October 2018, the tech CEO had a net worth of $2.3 billion and ranked at number 354 in the 400 list, maintaining his position as the youngest billionaire on the Forbes 400 list for the fourth consecutive year. Apparently, market forces have drastically reduced its income to its current value.
Snapchat Inc. went public in March 2017 and thus, Evan Spiegel became one of the youngest executives of a publicly traded company in the world. Obviously, Spiegel must be using the Snapchat app for putting him on the world map. However, its parent company has since snowballed into a global conglomerate of various subsidiaries.
The growing company now includes small tech companies and startups and it has continued to grow through the development of several other ingenious apps and products. As expected, the company has also received several takeover bids from competitors, including Facebook CEO Mark Zuckerberg, as well as tech giants Google. Evan Spiegel and his co-founder, Bobby Murphy, however, rejected these juicy offers.
Family – Who is Miranda Kerr? Spouse or spouse
Evan Spiegel is very much married and his wife is none other than Australian supermodel Miranda Kerr. Along with her illustrious modeling career, Kerr is also a beauty entrepreneur having launched her own brand of skin care products ‘KORA Biography,s’ in 2009.
This perfect couple got engaged in July 2016 and a little over a year later they married on May 27, 2017. A private ceremony was held in Los Angeles. Interestingly, Spiegel’s wife revealed that the billionaire adheres to the conventional practice of “abstinence from sex before marriage.” The couple announced in November 2017 that they were expecting their first child. They welcomed their first child on May 7, 2018, a son named Hart Kerr Spiegel.