Yoshihiro Togashi
$30 million
Evan Spiegel’s net worth is $2.5 billion, making him one of the wealthiest tech founders of his generation. Spiegel co-founded Snap Inc. in 2011 and has served as the company’s CEO since its inception, steering Snapchat from a Stanford dorm room experiment into a publicly traded social media platform with hundreds of millions of daily users.
Updated March 2026: According to Forbes, Evan Spiegel’s net worth stands at $2.5 billion as of August 2025 — a significant decline from his peak of $13.8 billion in 2021, primarily reflecting the fall in Snap Inc.’s share price. Spiegel ranked #1062 on the Forbes 2024 Billionaires list.
Evan Thomas Spiegel was born on June 4, 1990, in Los Angeles, California, to John W. Spiegel, a partner at the law firm Munger, Tolles & Olson, and Melissa Ann Thomas, also an attorney. The family settled in Pacific Palisades, one of Los Angeles’ most affluent neighborhoods, and raised Spiegel in the Episcopalian faith. He attended Crossroads School for Arts and Sciences, a private school in Santa Monica known for producing tech entrepreneurs and entertainers.
Spiegel enrolled at Stanford University in 2008 to study product design. While at Stanford, he began developing prototype apps and gained exposure to the startup culture of Silicon Valley. In 2011, he and classmates Bobby Murphy and Reggie Brown created the initial concept for Snapchat — originally called Picaboo — as a class project. Spiegel left Stanford in 2012 to run the company full-time, just short of graduation, but ultimately returned and completed his Bachelor of Science in Product Design in 2018.
The earliest version of Snapchat launched in July 2011 as Picaboo before being rebranded and relaunched in September 2011. By 2012, the app had reached one million daily active users, and Spiegel, then 22, was operating as a full-time CEO while still technically enrolled at Stanford. The app’s central premise — disappearing photo messages — filled a gap no major platform had addressed.
In 2013, Spiegel made one of the most audacious decisions in Silicon Valley history: he rejected a $3 billion acquisition offer from Facebook. That same year, he turned down a reported $4 billion offer from Google. The rejections drew widespread ridicule at the time but ultimately positioned Snap as an independent company. By the 2017 IPO, Snap was valued at approximately $24 billion.
Snap went public on March 2, 2017, on the New York Stock Exchange. At 26 years old, Spiegel became one of the youngest CEOs to lead a major public company. The IPO made him a billionaire, with his stake worth several billion dollars on day one. The stock peaked above $80 per share in 2021 during the pandemic-era tech boom before declining sharply to the $8–9 range by early 2026.
In 2022, Spiegel launched a paid subscription tier, Snapchat+, which had grown to over 14 million subscribers by 2024 — a meaningful recurring revenue stream. In February 2026, Spiegel published an op-ed in the Financial Times announcing the formation of Specs Inc., a new Snap subsidiary dedicated to augmented reality glasses, signaling a major strategic push into wearable technology. Snap also announced that approximately 40% of all new code written at the company in early 2026 is generated using AI tools.
Spiegel became a French citizen in 2018. He married Australian supermodel Miranda Kerr in May 2017 in a private ceremony in Los Angeles. The couple has three sons together: Hart (born 2018), Myles (born 2019), and Pierre (born 2024). Spiegel is also stepfather to Kerr’s son Flynn, from her previous marriage to actor Orlando Bloom.
Spiegel and Kerr are active philanthropists. Following the January 2025 Los Angeles wildfires, Spiegel co-founded the Department of Angels initiative and personally contributed more than $5 million to relief efforts. TIME magazine named him a 2025 TIME100 Climate Leader in recognition of this work. The couple has also donated through the Snap Foundation, which focuses on education and safety for young people on the internet.
Spiegel has been candid in recent years about mental health and workplace culture. In September 2025, he published a 14-year letter to Snap employees outlining his priorities: artificial intelligence, augmented reality, and revenue diversification. He has spoken publicly about reframing stress and the pressures of leading a public company since his late 20s.
Evan Spiegel’s net worth is estimated at $2.5 billion as of 2026, according to Forbes. His wealth is primarily tied to Snap Inc. equity, and his fortune peaked at $13.8 billion in 2021 when SNAP shares traded above $80 before declining to the $8–9 range.
Spiegel built his fortune almost entirely through his equity stake in Snap Inc., which he co-founded in 2011. He has sold over $662 million worth of Snap shares since 2021, under pre-arranged trading plans filed with the SEC. He has always taken a minimal salary — under $100,000 annually — relying on equity compensation instead.
Yes. Evan Spiegel and Miranda Kerr married in May 2017. They have three sons together — Hart, Myles, and Pierre — and Spiegel is stepfather to Kerr’s son Flynn from her previous relationship with actor Orlando Bloom. The family lives in Los Angeles.