Evan Spiegel is an American Internet entrepreneur and Forbes youngest billionaire 2020. He co-founded Snapchat which is a mobile application for image messaging and multimedia. He also works as the CEO of Snapchat Inc.
Evan Spiegel Bio
Evan Thomas Spiegel was born on June 4, 1990. He was born in the beautiful city Los Angeles, California. He is 30 years old as of 2020. His birth sign is Gemini. His parents, Melissa Ann Thomas and John W. Spiegel are lawyers. His family was very affluent and he received a $250 weekly allowance as a teenager. His parents divorced eventually. He asked his father to buy him a new BMW as a teenager. But, he moved in with his mother out of protest because of the refusal of his father. His mother rented a $75,000 car from him. As a young person, his privileged life conditioned him to never take a “no” for an answer.
|Full name||Evan Thomas Spiegel|
|Date of birth||June 4, 1990|
|Age||30 years old as of 2020|
|Birth Place||Los Angeles, California|
|Ethnicity||White (German and Irish ancestry)|
|Residing Town||Brentwood, Los Angeles, California, U.S|
|Education||Crossroads School for Arts and Sciences/ Otis College of Art and Design/ Art Center College of Design/ Stanford University|
|Founder||Snapchat and recognized as Forbes youngest billionaires 2020|
|Marital Status||Married (Miranda Kerr)|
|Net Worth||Around $4 Billion as of 2020|
Evan Spiegel Education
He attended the Crossroads School in Santa Monica for Arts and Sciences. While still in high school, he also took design classes at the Otis College of Art and Design. He also attended classes at Pasadena’s Art Center College of Design. As a student, he used Photoshop to conduct experiments and had an unpaid sales internship at Red Bull.
Evan joined a product design program at the renowned Stanford University after completing his high school. He was accepted into the Kappa Sigma fraternity. In the University, he met Bobby Murphy who is a fellow student. He hired Spiegel to design an online social network inspired by Google Circles. However, this venture was a failure.
Evan Spiegel Body measurement and more
|Height||5 feet 11 inches (1.8m)|
|Weight||75 kg (165 Lbs.)|
|Eye Color||Dark Brown|
|Hair Color||Dark Brown|
Evan has a height of 5 feet 11 inches (1.8m). He weighs 75 kg (165lbs.). He has dark brown eyes with dark brown hair. Also, his body measurement has been given as 38-30-13 for his chest, waist, and biceps respectively.
Evan Spiegel Career
At the University, he met Bobby Murphy, a fellow student, who hired Spiegel to design an online social network inspired by Google Circles. However, this venture was a failure. The young men did not give up and proceeded to develop what would become their first project: Future Freshman, an online software designed to help counselors, parents, and high school students manage college admissions.
The project began well, but it was unable to maintain steady growth and ended soon afterward. Spiegel and Murphy met another student, Reggie Brown, around that time. It would prove to be a productive collaboration between the three. Brown conceived the idea of creating a disappearing image app and Spiegel decided to start a prototype for one of his classes based on this idea as a project. Soon Murphy became involved, too, and the prototype was developed by the three young men.
The concept was first floated under the name “Picaboo.” The classmates of Spiegel felt that the idea of impermanent photographs was not a feasible one. So, they initially made fun of his final project. In September 2011, the application was re-launched under the Snapchat name. Snapchat soon grew into a mobile application for image messaging and multimedia. So, the team focused on usability and technical aspects.
25 pictures were sent per second on Snapchat in May 2012. By November, users had shared over one billion photos on the Snapchat iOS app, sharing 20 million photos per day. Around this time, Brown left the organization. More than most tech CEOs, Spiegel cares about fashion. In October 2015, he made headlines for appearing on the cover of Vogue Italy.
Newer elements have been added, such as the feature “My Story” and the ability to communicate via video chat, making the app extremely popular worldwide. Over the years, the company has grown at a phenomenal rate and Snapchat reached 10 billion daily video views in 2016. By April 2016, in 28 different countries, it was the top app to download.
Earnings and company revenues
In the year 2012, Spiegel dropped out of Stanford just a few credits short of graduation to work full-time on Snapchat. He nevertheless walked across the stage to collect a diploma with his friends in June, even though he did not earn it. Snapchat moved into an office on the Venice boardwalk the same year as Evan Spiegel dropped out of Stanford. Snapchat occupied thousands of square feet of space at its peak, including an office on Market Street, which once served as its headquarters, steps from the beach. Then Snap moved to Santa Monica in 2019.
Snapchat had close to 60 million downloads by mid-2013 and was valued at $800 million. It wasn’t long before would-be acquirers came to buy Snapchat by knocking on Spiegel’s door. He famously rebuffed Facebook CEO Mark Zuckerberg’s $3 billion offer in 2013 and then turned down Google’s subsequent $4 billion offer. He reportedly asked for an armed security detail once (but didn’t get it). In 2016, $890,399 of Snapchat’s money was spent on Spiegel’s security. At a valuation of around $33 billion, Snap went public on March 2, 2017. Snap closed its first trading day at $24.48 per share, up 44 percent from its IPO price, and Spiegel was then rewarded with an additional 37 million shares, pushing its net worth to about $5.5 billion.
Spiegel became an instant billionaire: On the first day of trading, he added about $1.6 billion to his net worth. Snapchat rebounded in 2019 to recover its catastrophic losses, although 2018 proved difficult for Spiegel, and its share price has since risen above its IPO debut. In Los Angeles’ wealthy Brentwood neighborhood, he bought his own three-bedroom house for $3.3 million, less than four miles from his dad’s place. And, he is Forbes youngest billionaires 2020
Evan Spiegel Major Works
Evan Spiegel, Forbes youngest billionaires 2020 is a co-founder of Snapchat, an image messaging and a mobile multimedia application. Millions of people worldwide are currently using the app, which provides photo sharing and social networking services.
Evan Spiegel Awards and Achievement
Spiegel won the Best Mobile Application award from Crunchies in 2013. In recognition of his leading role in the development of the LA County economy and in creating well-paying jobs for its residents, he was honored with the 2015 Eddy Award presented by the Los Angeles County Economic Development Corporation (LAEDC). In 2020, he was recognized by Forbes as the youngest billionaires 2020.
Evan Spiegel Relationship
Evan Spiegel once dated Singer Taylor Swift. In 2015, he started dating supermodel and entrepreneur Miranda Kerr. He first met her in New York at a Louis Vuitton dinner in 2014. Spiegel is married to Miranda Kerr on 27th May 2017. The couple has a son named, Hart. The couple welcomed their second child, named Myles.
Evan Spiegel Social media
Evan Spiegel is only active on Twitter with account name Evan Spiegel with 69.1k followers (Joined in December 2010).
Evan Spiegel Net Worth
With an estimated net worth of around $4 billion, the 29-year-old is one of the world’s Forbes youngest billionaires 2020. After the business went public and suffered several mistakes, including a hated app redesign, Snapchat seems to have recouped the losses it suffered in 2017.
Spiegel was well paid as the CEO of Snapchat. He earned a $500,000 salary and an additional $1 million bonus in 2016. According to Bloomberg’s Pay Index, Spiegel was the best-paid CEO the following year; he made about $504 million in total.
Spiegel isn’t shy about living a luxurious life. Spiegel bought himself a Ferrari after Snapchat completed a big funding round in June 2015. Spiegel is a licensed pilot of a helicopter, too.