Evan Spiegel is known around the world as co-founder and CEO of the popular social media company Snapchat, which he co-founded in 2011 while still a student at Stanford University. His brilliant idea has since evolved into a global brand that has brought Spiegel and his employee’s immense financial rewards and made him one of the youngest billionaires in the world.
In addition to his brilliant career as an executive in the technical field and as an entrepreneur, Spiegel is also known for being half a celebrity couple, half his international showcase wife Miranda Kerr, a former Victoria’s Secret Angel.
Who is Evan Spiegel?
Evan Thomas Spiegel was born on June 4, 1990, in Los Angeles, California. He grew up in L.A.’s coastal district Pacific Palisades. His father, John W. Spiegel, and his mother, Melissa Ann Thomas, are both lawyers. He has two sisters, Lauren and Caroline Spiegel. He grew up in the Episcopal Church and received his high school education at the Crossroads School for Arts and Sciences in Santa Monica, LA County. While still in high school, he took design courses at Otis College of Art and Design, and after graduation, he studied briefly at the Art Center College of Design in Pasadena before going on to college.
Spiegel received his college education at Stanford University, where he specialized in product design. As a student, he had the idea to develop an application for ephemeral messages as part of a course project on product design. His classmates found the idea really ridiculous, and they laughed at first. However, Spiegel set to work on the concept with two other classmates – Bobby Murphy and Reggie Brown – and together they launched the prototype of the “Picaboo” app in July 2011. Picaboo was finally relaunched on September 16, 2011, under the name “Snapchat”, and by that time Reggie Brown had already been ousted from the company.
The popularity of the Snapchat app grew by leaps and bounds, and in 2012 Evan Spiegel left college to concentrate on its development. After nearly 6 years, Spiegel returned to Stanford to graduate college in 2018.
Evan Spiegel holds 48% of the voting rights in multi-billion dollar Snapchat Inc. and his net worth is estimated at an astonishing $1.5 billion. For obvious reasons, Spiegel’s net worth is closely tied to the market value of his company Snapchat Inc. In October 2018, the tech CEO had a net worth of $2.3 billion and was ranked 354 on the Forbes 400 list, making him the youngest billionaire on the Forbes 400 list for the fourth consecutive year. Apparently, market forces have diverted a large portion of his earnings to bring them down to their current value.
Snapchat Inc. went public in March 2017, making Evan Spiegel one of the youngest CEOs of a publicly-traded company in the world. Obviously, it is thanks to Spiegel’s application for Snapchat that he can be found on the world map. In the meantime, however, the parent company has developed into a global conglomerate consisting of a large number of subsidiaries.
The ever-growing company now includes smaller technology companies and start-ups and has continued to expand thanks to the development of several other ingenious applications and products. As expected, the company has also received several takeover offers from its competitors, including Facebook CEO Mark Zuckerberg and technology giant Google. However, these juicy offers were all rejected by Evan Spiegel and his co-founder Bobby Murphy.
Family – Who Is Miranda Kerr? Wife or Spouse
Evan Spiegel is very strongly married, and his wife is none other than Australian-born supermodel Miranda Kerr. In addition to her illustrious modeling career, Kerr is also a beauty entrepreneur who launched her own skincare brand “KORA Organics” in 2009.
This beautiful couple got engaged in July 2016, and just over a year later they were married on May 27, 2017, in a private ceremony in Los Angeles. Interestingly, the wife of Spiegel revealed that the billionaire adheres to the conventional practice of “sexual abstinence before marriage”. The couple announced in November 2017 that they were expecting their first child. On May 7, 2018, they welcomed their first child, a son named Hart Kerr Spiegel.