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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 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.
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.
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 Snapchat parent now expects second-quarter revenue between $1.23 billion and $1.26 billion, above analysts' estimates of $1.22 billion, according to LSEG data. Snap said its business was ...
Lawyers for Snapchat claimed that Reggie Brown had made no contributions of value to the company, and was therefore entitled to nothing. [ 14 ] [ 15 ] In September 2014, Brown settled with Spiegel and Murphy for $157.5 million [ 16 ] and was credited as one of the original authors of Snapchat.
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