Evan Spiegel net worth 2024: how rich is the Snapchat founder?

Just how much is Evan Spiegel worth? Learn more about Evan’s income, investments, and how Evan Spiegel made his fortune.
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Updated: Apr 22, 2024
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What is Evan Spiegel’s net worth?

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Currently, Evan Spiegel’s net worth in 2024 is estimated at $2.9 billion. Here are some more personal stats about Evan Spiegel.

stats
Net worth:$2.7 billion (approx.)
Profession:Entrepreneur, Business Executive
Source of wealth:Snapchat (Snap Inc.)
Date of birth:June 4, 1990
Gender:Male
Place of birth:Los Angeles, California, USA
Education:Attended Stanford University (did not graduate)
Nationality:American, French

Visit our archives to find more about the net worth of various celebrities and financial professionals.

Who is Evan Spiegel?

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Evan Spiegel is an American tech entrepreneur best known as the co-founder and CEO of Snap Inc., the parent company of the popular social media platform Snapchat. 

Born into an affluent family, Spiegel became one of the world’s youngest billionaires after Snapchat’s meteoric rise. He is known for his focus on innovation and his somewhat reclusive public persona.

Evan Spiegel is married to Australian supermodel and entrepreneur Miranda Kerr.  They have two sons together, and Kerr has a son from a previous marriage.

How did Evan Spiegel become rich?

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Evan Spiegel struck gold with Snapchat. The app’s concept of disappearing messages resonated with users, particularly the younger demographic, leading to rapid growth.  

Spiegel’s fortune is intrinsically tied to the success of Snap Inc., with his net worth largely consisting of company stock.

What makes up Evan Spiegel’s fortune?

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Evan Spiegel’s fortune is primarily comprised of:

  • Snap Inc. Stock: He is a major shareholder of Snap Inc. While fluctuating stock prices affect his net worth, it’s the primary component.
  • Other Investments: Spiegel likely diversifies his assets with private investments in other ventures, but details are rarely public.

What companies does Evan Spiegel own?

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Evan Spiegel primarily owns a significant portion of Snap Inc., the company he co-founded. He may hold investments in other businesses, but these are likely minor compared to his Snap Inc. stake.

Evan Spiegel net worth growth over the years 

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Evan Spiegel’s annual income and financial position has fluctuated over the years. Here’s a look at how much Evan Spiegel has been worth over the last ten years.

YearNet Worth
2024$2.7 billion
2023$2.2 billion
2022$2.3 billion
2021$3.8 billion
2020$1.9 billion
2019$1.6 billion
2018$2.3 billion
2017$4 billion
2016$3.6 billion
2015$2.1 billion
2014$1.5 billion

What is Evan Spiegel’s salary in 2024?

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Evan Spiegel takes an annual salary of $1. However, the majority of his income comes from stock-based compensation plans.

How much money does Evan Spiegel earn per year?

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Evan Spiegel’s annual income fluctuates significantly depending on his stock-based compensation packages. These are tied to company performance, so his earnings are much higher during years when Snap stock does well.

How does Evan Spiegel spend his money?

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Evan Spiegel and his wife Miranda Kerr are known for their lavish real estate purchases, acquiring multiple luxury properties in California.  

They are also active in philanthropy, supporting various causes in arts, education, and healthcare.  Their other expenses likely align with their billionaire lifestyle.

Key takeaways about Evan Spiegel, career highlights

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Here are some of the highs and lows of Evan Spiegel’s career so far.

  • Born in Los Angeles to a successful family.
  • Attended Stanford University, dropping out to focus fully on Snapchat.
  • Co-founded Snapchat (originally called Picaboo) with Bobby Murphy and Reggie Brown.
  • Led Snapchat to explosive growth in userbase and popularity.
  • Became a billionaire at a young age when Snap Inc. went public.
  • Married Australian model and entrepreneur Miranda Kerr in 2017.
  • Continues to lead Snap Inc. as CEO, focusing on innovation.

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Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.