There’s a certain irony in the fact that a man who made his fortune helping people share disappearing photos has seen his own wealth vanish — at least on paper — faster than a Snapchat story. Evan Spiegel, the co-founder and CEO of Snap Inc., became the world’s youngest billionaire at 24, only to watch his net worth fluctuate wildly as Snap’s stock rose and fell.
Born: June 4, 1990 · Age: 34 (as of 2025) · Co-founded: Snapchat (2011) · Spouse: Miranda Kerr · Children: Four sons · Position: CEO of Snap Inc.
Quick snapshot
- Evan Spiegel was born June 4, 1990, in Los Angeles, California (Wikipedia).
- He co-founded Snapchat with Bobby Murphy in 2011 (Forbes).
- Spiegel became the youngest billionaire in the world in 2015 at age 24 (South China Morning Post).
- He married Miranda Kerr in 2017 (Wikipedia).
- Exact current net worth — estimates range from $2.4 billion (2020) to $3.3 billion (2024) (IBTimes; Los Angeles Business Journal).
- Specific details of how Spiegel and Kerr first met beyond a dinner party in 2014 remain private. (IBTimes)
- Reasons for Miranda Kerr’s divorce from Orlando Bloom have not been publicly detailed. (IBTimes)
- 2015: Spiegel becomes youngest billionaire (Forbes).
- 2017: Snap IPO; net worth peaks at $5.1 billion (Wikipedia).
- 2024: Los Angeles Business Journal estimates net worth at $3.3 billion (Los Angeles Business Journal).
- Snap Inc. continues to compete with Instagram and TikTok for ad revenue.
- Spiegel’s net worth remains tied to Snap’s stock performance.
- No indication of stepping down as CEO.
Evan Spiegel has been at the center of tech headlines for over a decade. The table below lays out the essential facts about the man behind Snapchat.
| Attribute | Value |
|---|---|
| Full Name | Evan Thomas Spiegel |
| Born | June 4, 1990 |
| Age | 34 (2025) |
| Education | Stanford University (B.S. in Product Design, 2012) |
| Company | Snap Inc. |
| Position | Co-Founder and CEO |
| Spouse | Miranda Kerr (m. 2017) |
| Children | Four sons |
| Notable Achievement | Youngest billionaire at age 24 in 2015 |
Why did Evan Spiegel lose so much money?
What caused Evan Spiegel’s net worth to drop?
- Competition from Instagram Stories, launched in 2016, directly undercut Snapchat’s core feature (Business Insider).
- Snap Inc.’s stock price declined after its 2017 IPO as user growth slowed and losses mounted.
- Spiegel’s wealth is predominantly tied to his Snap shares, so any stock drop hits his net worth hard.
Three numbers, one story: Spiegel’s fortune has moved with Snap’s market value. Here’s how the estimates changed over time.
| Year | Estimated Net Worth | Source |
|---|---|---|
| 2015 | $1.5 billion | Forbes |
| 2017 (peak) | $5.1 billion | Wikipedia |
| 2020 | $2.4 billion | IBTimes |
| 2023 | $2.6 billion | South China Morning Post |
| 2024 | $3.3 billion | Los Angeles Business Journal |
| 2025 (mid-year) | $2.5 billion | Wikipedia |
The pattern: Spiegel’s fortune tracks Snap’s stock price. Every earnings report can swing his personal wealth by hundreds of millions.
How much money did Evan Spiegel lose?
From the 2017 peak of $5.1 billion to the 2025 estimate of $2.5 billion, Spiegel’s net worth dropped by roughly $2.6 billion — a decline of more than 50%. The Council on Foreign Relations (CFR) biography confirms his role as Snap’s CEO, but the financial figures tell the real story: Snap’s stock has yet to recover to its IPO peak.
When did his net worth peak?
Spiegel’s net worth hit its highest point in 2017, the year Snap went public. According to Wikipedia, Forbes reported his fortune at $5.1 billion that year. The timing coincided with Snap’s market debut and a brief period of investor optimism.
Spiegel’s wealth is essentially a leveraged bet on Snap. When the stock rises, he gains billions; when it falls, the paper losses are equally dramatic. For a CEO whose fortune is 90% stock, volatility is the price of staying in charge.
How did Miranda Kerr meet Evan Spiegel?
How did Evan Spiegel and Miranda Kerr meet?
According to reports, Spiegel met Australian supermodel Miranda Kerr at a dinner party in 2014, a year after her divorce from actor Orlando Bloom was finalized. The couple began dating and married in 2017 in a private ceremony (Wikipedia).
What is the age difference between Miranda Kerr and Evan Spiegel?
Miranda Kerr was born on April 20, 1983, making her seven years older than Spiegel (born June 4, 1990). The age gap has been noted in the press but both have spoken warmly about their relationship.
What two billionaires were fighting over Miranda Kerr?
Before settling with Spiegel, Kerr was reportedly pursued by billionaire businessmen James Packer and Eduardo Saverin. Packer is an Australian casino magnate, and Saverin is a co-founder of Facebook. The rivalry was covered by tabloids, though neither party confirmed the details.
Why did Orlando Bloom leave Miranda Kerr?
Orlando Bloom and Miranda Kerr divorced in 2013 after three years of marriage. The reasons were cited as “irreconcilable differences” and remained private. Bloom and Kerr have since co-parented their son Flynn.
Spiegel’s marriage to Kerr brought him into the Hollywood and fashion spotlight, but the family dynamic is complex: Kerr has a son from her previous marriage, and the couple now has four boys of their own. For a CEO under constant market pressure, a stable home life may be his biggest asset.
Does Evan Spiegel have children?
How many children do Evan Spiegel and Miranda Kerr have?
- Evan Spiegel and Miranda Kerr have four sons (Wikipedia).
- Their first son, Hart, was born in 2018 (Wikipedia).
- Their second son, Myles, was born in 2019 (Wikipedia).
- The names and birth years of their third and fourth sons have not been publicly disclosed.
What are the names and ages of their children?
As of 2025, Hart is about 7 and Myles is about 6. The couple has not shared details about their younger two children, maintaining a level of privacy rare for a billionaire CEO.
The pattern: Spiegel has kept his family life largely out of the press, but the public knows enough to see a pattern: four sons in six years, a blended family with Kerr’s first son Flynn, and a net worth that fluctuates wildly. For a man who values control, that’s a lot of variables.
Who owns Snapchat now?
Does Evan Spiegel still own Snapchat?
Evan Spiegel remains co-founder and majority owner of Snap Inc., the parent company of Snapchat. Along with co-founder Bobby Murphy, Spiegel controls the majority of voting shares, giving them effective control over the company (CFR biography).
Who is the CEO of Snap Inc.?
Spiegel is the CEO, a position he has held since the company’s founding. He also serves on the board of directors.
Who are the major shareholders of Snap?
- Evan Spiegel and Bobby Murphy together own the majority of voting shares.
- Public shareholders own the rest through the NYSE-listed stock (SNAP).
- Institutional investors like Vanguard and BlackRock are among the largest non-founders shareholders.
The implication: Snapchat is still firmly in the hands of its founders. Unlike many tech companies where early investors push out the CEO, Spiegel and Murphy have maintained control through a dual-class share structure. That gives Spiegel the freedom to make long-term bets — but also the full blame when they fail.
Is Snapchat doing well financially?
Is Snapchat profitable?
As of 2024, Snap Inc. has not achieved sustained profitability. The company has reported net losses in recent years despite growing revenue (Business Insider).
What is Snap’s revenue?
Snap’s annual revenue reached $4.6 billion in 2023, up from $821 million in 2017. But costs — especially in infrastructure and advertising sales — have kept the company in the red.
How does Snap compare to competitors like Instagram and TikTok?
- Instagram Stories, introduced in 2016, directly copied Snapchat’s disappearing-message format and quickly surpassed Snapchat in daily active users.
- TikTok’s explosive growth (over 1 billion monthly active users) has drawn advertising dollars away from Snapchat.
- Snapchat has fought back with augmented reality features and a focus on private messaging, but it remains the third-largest social platform in terms of ad revenue.
Snap’s financial struggles directly affect Spiegel’s net worth. Every quarter’s earnings report is a potential $500 million swing in his personal fortune. For investors, Snap is a binary bet: it either finds a profitable niche in a market dominated by Meta and ByteDance, or it continues to bleed cash.
The catch: Spiegel has bet the company on augmented reality and differentiated messaging. If those bets pay off, he’ll regain billionaire status many times over. If not, Snap may be remembered as the company that invented Stories — and then lost them.
Timeline signal
- – Evan Thomas Spiegel born on June 4 in Los Angeles.
Wikipedia - – Co-founds Snapchat with Bobby Murphy.
Forbes - – Snapchat launches; Spiegel graduates from Stanford.
Business Insider - – Rejects $3 billion Facebook acquisition offer; Kerr divorces Bloom.
- – Spiegel meets Miranda Kerr at a dinner party.
- – Becomes world’s youngest billionaire at age 24.
South China Morning Post - – Snap Inc. goes public; Spiegel marries Miranda Kerr; net worth peaks at $5.1 billion.
Wikipedia - – First son Hart born.
Wikipedia - – Second son Myles born.
Wikipedia - – Snap faces financial struggles; Spiegel’s net worth declines; three more children born.
Confirmed facts
- Evan Spiegel was born June 4, 1990.
- He co-founded Snapchat in 2011.
- He is the CEO of Snap Inc.
- He married Miranda Kerr in 2017.
- They have four sons.
- He became the youngest billionaire at 24 in 2015.
What’s unclear
- Exact current net worth (estimates vary).
- Specific details of how Spiegel and Kerr first met beyond “dinner party”.
- Reasons for Orlando Bloom and Miranda Kerr’s divorce (private).
- Whether Spiegel or Kerr are religious (no data).
“He’s sweet, kind, smart.”
— Miranda Kerr on Evan Spiegel, as reported by South China Morning Post
“Spiegel became the world’s youngest billionaire at age 24 in 2015.”
— Forbes 2015 profile, Forbes
Evan Spiegel built Snapchat, became a billionaire, then lost half his fortune as the stock fell. His personal life — marriage to Miranda Kerr, four sons — remains stable while his company fights Instagram and TikTok for survival.
For Spiegel, the next few years will determine whether he is remembered as the visionary who reinvented social messaging or as the one who let it slip away. For investors in Snap, the choice is clear: either the company finds a path to profit through augmented reality and private messaging, or it continues to be squeezed by Meta and TikTok. For a father of four who married into Hollywood royalty, the stakes go beyond the balance sheet.
simple.wikipedia.org, companieshistory.com, youtube.com, money.com, es.wikipedia.org
Frequently asked questions
How old is Evan Spiegel?
Evan Spiegel was born June 4, 1990, making him 34 years old as of 2025.
Is Evan Spiegel married?
Yes, he has been married to Miranda Kerr since 2017.
Who did Evan Spiegel marry?
He married Australian supermodel Miranda Kerr in 2017.
How many children does Evan Spiegel have?
Evan Spiegel and Miranda Kerr have four sons.
When did Evan Spiegel become the youngest billionaire?
He became the world’s youngest billionaire in 2015 at age 24, according to Forbes.
What is Evan Spiegel’s position at Snap Inc.?
He is the co-founder and CEO of Snap Inc.
What company did Evan Spiegel co-found?
He co-founded Snapchat (now Snap Inc.) with Bobby Murphy in 2011.
What caused Evan Spiegel’s net worth to drop?
Competition from Instagram Stories and declining Snap stock after the 2017 IPO reduced his fortune.
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Victoria Hayes is Editor-in-Chief at Australia Pulse, overseeing editorial standards, publication decisions and corrections.