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Evan Thomas Spiegel (born June 4, 1990) [1] is an American-French businessman, co-founder and CEO of Snap Inc. Spiegel was the youngest billionaire in the world in 2015. [2] As of August 2024 [update] , he had a personal net worth of $2.6 billion according to Forbes .
The redesign of the Snapchat app in early 2018 made changes for which many users were not happy. [93] [94] Around 1.2 million people petitioned Snap, Inc. to roll back the redesign. Snap, Inc's reply makes no concessions, other than noting, "We completely understand the new Snapchat has felt uncomfortable for many." [95] [96] [97]
The platform quickly expanded beyond college campuses, becoming the world’s leading social network. Zuckerberg’s wealth soared as Facebook grew, and his net worth passed a billion dollars in 2008.
At Snapchat, Murphy has led the engineering and research teams. [12] Murphy has also worked with Snapchat's Snap Labs team, which produced Spectacles camera glasses in 2018. [13] [14] At the time of Snapchat's IPO in 2017, Murphy and Spiegel held over 45% of the company's total stock. They also held over 70% of the voting power.
The 20 richest people were worth $406 billion then, a fraction of the $3 trillion they're worth today. Musk alone is worth $454 billion today, exceeding the combined wealth of the top 20 in 2000.
Snapchat is one of the most popular social media apps among young people, averaging 306 million daily users. Learn about Snap Inc.'s market value and net worth.
He also helped secure a $200 million investment in Snapchat from Alibaba in 2015 as well as an additional $1.8 billion in funding in 2016. [ 9 ] In 2016, Khan was named one of the Most Indispensable Executives in Marketing, Media and Tech by advertising trade magazine Adweek in its annual Adweek 50 List.
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