Evan Spiegel Net Worth, Snap Inc. CEO’s Career, Family, Real Estate & Business Journey

Evan Spiegel, the co-founder and CEO of Snap Inc., is widely recognized as one of the youngest self-made billionaires in the tech industry. From building Snapchat into a social media phenomenon to guiding it through its IPO, Spiegel’s journey exemplifies entrepreneurial resilience and innovation. As of 2025, Evan Spiegel’s net worth is estimated at $2.6 billion, making him one of the richest tech entrepreneurs globally despite recent fluctuations in Snap Inc.’s stock.

Quick Profile: Evan Spiegel

• Full Name: Evan Thomas Spiegel
• Date of Birth: June 4, 1990
• Age (as of 2025): 34 years old
• Birthplace: Los Angeles, California, USA
• Profession: Entrepreneur, Co-founder & CEO of Snap Inc.
• Spouse: Miranda Kerr (married in 2017)
• Children: Hart Kerr Spiegel (born 2018), Myles Spiegel (born 2019)
• Estimated Net Worth (2025): $2.6 billion

Early Life: From Design Student to Innovator

Born into an affluent family in Los Angeles, Evan Spiegel was raised in the upscale Pacific Palisades neighborhood. Both of his parents, John W. Spiegel and Melissa Ann Thomas, are lawyers, which provided Evan with a strong educational foundation. While still in high school at the Crossroads School for Arts and Sciences in Santa Monica, Spiegel showed a penchant for design, taking courses at Otis College of Art and Design and the Art Center College of Design.

He later enrolled at Stanford University to study product design. It was there that Evan’s groundbreaking idea for an ephemeral messaging app, initially scoffed at by classmates, came to life.

Snapchat: The Birth of a Global Brand

In 2011, Spiegel co-founded Snapchat alongside fellow Stanford students Bobby Murphy and Reggie Brown. Initially launched as “Picaboo,” the app allowed users to send photos that would disappear after being viewed. Despite skepticism, the idea gained momentum, and the app was rebranded as “Snapchat.”

By 2012, Snapchat had surpassed 1 million daily active users. Spiegel left Stanford just short of graduating to dedicate himself fully to the company. His risk paid off as Snapchat quickly became one of the most popular social media platforms globally.

In 2013, Spiegel and his team famously turned down a $3 billion all-cash acquisition offer from Facebook. Just a year later, Snapchat’s valuation hit $10 billion following a significant investment from Kleiner Perkins.

The Snap Inc. IPO & Billionaire Status

Snap Inc. went public on March 2, 2017, with an initial share price of $17. By the end of its first trading day, shares closed at $24, giving the company a $20 billion market capitalization. Spiegel sold 16 million shares on the IPO day, earning a personal windfall of $272 million before taxes.

At 26 years old, Evan Spiegel became one of the youngest CEOs of a publicly traded company and an official billionaire. In addition, he was awarded 37 million Snap Inc. shares as a bonus for steering the company to IPO, worth approximately $850 million at the time.

Net Worth Fluctuations: From $15 Billion to $2.6 Billion

Like many tech executives, Spiegel’s net worth has seen significant highs and lows, largely influenced by Snap Inc.’s stock price. Between 2020 and late 2021, his net worth surged to as much as $15 billion due to strong market performance. However, in 2022, Snap’s stock experienced an 80% decline, dropping Spiegel’s net worth to around $1.5 billion as the share price fell to nearly $7.50.

As of 2025, with Snap Inc.’s partial recovery in the stock market, Spiegel’s net worth sits at approximately $2.6 billion, supported by his ownership of over 210 million shares in the company.

Personal Life: Marriage to Miranda Kerr and Family

Evan Spiegel’s personal life is equally high-profile. In 2015, Spiegel began dating supermodel and entrepreneur Miranda Kerr. The couple got engaged in 2016 and married in a private ceremony at Spiegel’s Brentwood home in 2017. Together, they have two sons, Hart and Myles, born in 2018 and 2019, respectively.

Inspired by the birth of his first child, Spiegel returned to Stanford and completed his degree in 2018. Interestingly, Spiegel also holds French citizenship, awarded in 2018 under a clause recognizing foreign nationals who contribute significantly to French culture or the economy.

Real Estate Portfolio: Lavish Properties and Investments

Spiegel has made several high-profile real estate acquisitions over the years. In 2014, he purchased a Brentwood property for $3.3 million, which he listed for $4.95 million in 2024.

In 2016, Spiegel bought a second Brentwood property from actor Harrison Ford for $12 million. This home later served as the venue for his wedding to Miranda Kerr. By April 2024, this residence was on the market for nearly $20 million.

Perhaps their most notable investment is their 2021 purchase of a $100 million property in Holmby Hills, located directly across from the Playboy Mansion. The couple also owns a vineyard in Australia and another home in Malibu.

Leadership Style and Philanthropy

Despite facing criticism during Snap Inc.’s stock downturns, Spiegel is credited with maintaining an innovative approach to business. He has continuously pushed for Snap to evolve, including the integration of augmented reality and AI-powered filters.

Spiegel and Kerr are also involved in various philanthropic efforts, supporting causes related to education, mental health, and sustainability. Spiegel’s leadership style has often been described as forward-thinking, emphasizing user experience and creativity.

Conclusion: The Resilience of a Modern Tech Billionaire

Evan Spiegel’s rise from Stanford design student to tech billionaire exemplifies the entrepreneurial spirit. Despite market volatility and changing trends in social media, Spiegel has remained a central figure in the digital landscape. With a net worth of $2.6 billion in 2025 and a growing portfolio of ventures, real estate, and philanthropic projects, Spiegel continues to solidify his place as one of Silicon Valley’s most resilient innovators.