As of early 2025, Evan Spiegel’s net worth is estimated at $2.6 billion, a figure that reflects the ever-changing nature of tech fortunes. Born on June 4, 1990, Spiegel is 34 years old and still holds a significant stake in Snap Inc., the parent company of Snapchat. Though his wealth has seen dramatic ups and downs over the years, Spiegel remains one of the youngest self-made billionaires in the tech space.
Where Did Evan Spiegel Grow Up?
Evan Spiegel was raised in the upscale Pacific Palisades neighborhood of Los Angeles. His parents, both successful lawyers, provided a privileged upbringing that gave him early exposure to design and technology. From an early age, Spiegel showed an interest in creativity and innovation. He attended the Crossroads School for Arts and Sciences in Santa Monica and also took extra design courses at Otis College of Art and Design and the Art Center College of Design.
How Did Snapchat Begin?
The idea for Snapchat was born at Stanford University, where Spiegel studied product design. What started as a class project idea for an app with disappearing messages was initially dismissed by classmates. Still, Spiegel believed in the concept. He partnered with fellow students Bobby Murphy and Reggie Brown to build what would first be known as “Picaboo.” After some internal disputes, Reggie Brown left the project and eventually received a $158 million settlement after a lawsuit over the app’s origins.
In 2012, the app was rebranded as Snapchat, and it quickly took off, reaching over a million daily users within a year. By 2013, Facebook tried to acquire Snapchat for $3 billion, but Spiegel and his team boldly turned it down—a decision that would pay off in a big way.
When Did Snap Inc. Go Public?
Snap Inc. made its Wall Street debut on March 2, 2017, with an IPO that exceeded expectations. Although the company initially priced shares at $17, they opened at $24 and closed with a market valuation of $20 billion. On IPO day, Spiegel sold 16 million shares, which earned him about $180 million after taxes. He also received an award of 37 million shares, valued at $850 million at the time, for steering the company to a successful public offering.
By the end of that day, Spiegel’s net worth reached $4 billion, making him one of the youngest CEOs of a publicly traded company.
How Has Evan Spiegel’s Wealth Changed Over the Years?
Spiegel’s net worth has seen major swings, largely tied to the performance of Snap Inc. stock. In 2020, he was worth about $4.5 billion, which rose to $13 billion by September 2021 during a high point in tech valuations. But 2022 was a rough year: Snap’s stock plummeted nearly 80%, and Spiegel’s fortune dropped to $1.57 billion by October 2022.
As of 2025, with Snap’s stock recovering slightly, his estimated net worth stands at $2.6 billion. He still owns over 210 million shares of Snap, giving him continued influence over the company’s direction.
Who Is Evan Spiegel Married To?
In 2015, Spiegel began dating Australian supermodel Miranda Kerr. The couple got engaged a year later and tied the knot in May 2017. They have two sons: Hart, born in 2018, and Myles, born in 2019. Spiegel credits fatherhood with giving him a new perspective, and in 2018, inspired by the birth of his first child, he went back to Stanford to finish his degree.
Interestingly, Spiegel also became a French citizen in 2018—despite not living in France—through a provision that allows citizenship for those who’ve contributed to French culture or the economy.
What Properties Does Evan Spiegel Own?
Spiegel and Kerr have built an impressive real estate portfolio. In 2014, Spiegel bought a home in Brentwood, Los Angeles, for $3.3 million, which he listed for sale in April 2024 for $4.95 million. He later purchased another Brentwood property from actor Harrison Ford for $12 million in 2016, where he and Miranda got married. This second home also went on the market in April 2024, listed at just under $20 million.
In 2021, the couple made headlines again when they purchased a massive under-construction estate in Holmby Hills for a jaw-dropping $100 million—located right across the street from the Playboy Mansion. They also co-own a vineyard in Australia and a home in Malibu.
What Makes Evan Spiegel Stand Out?
While many tech founders focus strictly on their ventures, Spiegel has taken a broader, more intentional approach to both life and business. From turning down multi-billion-dollar buyouts to maintaining a relatively low public profile despite his fame, Spiegel has walked a different path. He’s also invested in philanthropy and education, including initiatives that align with his design-focused background.
Final Thoughts: Is Evan Spiegel Still a Major Player in Tech?
Absolutely. Despite the market volatility and the ups and downs in Snap’s stock price, Evan Spiegel remains a significant force in the tech world. His early vision for ephemeral messaging reshaped how we communicate on mobile devices, and his decisions—risky as they may have seemed—proved visionary more often than not. At 34 years old and still worth $2.6 billion, Spiegel continues to play the long game in Silicon Valley.
