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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 .
Until Snapchat could secure venture capital funding, he used half of his paycheck to cover the cost of Snapchat's server bills. [11] [12] 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.
The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, in order to include the Spectacles product under the company name. [12] Snap is co-owned by Tencent (which holds a 45.43% stake) and NBCUniversal , a division of Comcast (whose stake is undisclosed).
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.
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.
The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 530 employees, the latest tech company to announce layoffs. Snap Inc. said in a regulatory filing that it ...
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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