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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.
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.
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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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