While studying product design at Stanford he proposed Snapchat as a class project. He also serves as the CEO of Snapchat Inc. Born into a wealthy family in Los Angeles, California, he had a privileged childhood and had a $250 weekly allowance. The oldest child of two successful lawyers, he was raised in tony Pacific Palisades, enjoying membership at private clubs and family vacations to Europe, the Bahamas and Maui.A shy, nerdy kid, Spiegel bonded with faculty types like his sixth-grade computer teacher, who helped him build his own model from scratch. The surge in demand brought a huge increase in server bills, but the founders were bailed out by a $485,000 investment from Lightspeed Venture Partners in May. The two first met each other at a Louis Vuitton dinner in New York in 2014. Evan Thomas Spiegel, professionally known as Evan Spiegel is an American businessman. At the time, Snap closed its first day of trading at $24.48 per share, up 44 percent from its IPO price, and Spiegel was subsequently rewarded with 37 million additional shares, pushing his net worth to approximately $5.5 billion.Spiegel's smashing success with Snapchat enabled him to enjoy the trappings of a rock star lifestyle, which included romancing Australian supermodel Miranda Kerr. Evan Thomas Spiegel was born on June 4, 1990 in Los Angeles and brought up in Pacific Palisades, California. Evan Thomas Spiegel (born June 4, 1990) is an American Internet entrepreneur. If you see something that doesn't look right.Subscribe to the Biography newsletter to receive stories about the people who shaped our world and the stories that shaped their lives.Chris Hurley is best known as the co-founder and former CEO of the video sharing website YouTube.com. I'm sorry I wrote them at the time and I was a jerk to have written them. His parents Melissa Ann Thomas and W. Spiegel belong to Law background. Evan Spiegel, CEO of Snap, became a billionaire at the age of 25. Spiegel is also a member of the Berggruen Institute's 21st Century Council.Geni requires JavaScript! They became engaged on July 20, 2016.As of 2016, Spiegel was ranked #854 on the Forbes 400 with $2.1 billion in wealth. Rebranded as Snap Inc. in September 2016, the company unveiled its camera-equipped Spectacles two months later, and disclosed a revenue of more than $400 million for the year.However, the company failed to meet expectations for quarterly earnings after going public in March 2017, dropping its stock price below $12 per share by August.
He was raised Episcopalian. Evan Thomas Spiegel (born June 4, 1990) is an American Internet entrepreneur. Evan Thomas Spiegel was born on June 4, 1990, in Los Angeles, California. He is the co-founder and CEO of the American multinational technology and social media company Snap Inc., which he created with Bobby Murphy and Reggie Brown while they were students at Stanford University (then known as Snapchat). In November 2017, Kerr announced that she and Spiegel were expecting their first child.At Stanford, Evan Spiegel joined the Kappa Sigma fraternity, where he met future Snapchat CTO Bobby Murphy. Among his claims, Brown said that the company was built on his idea, and that he had contributed its signature ghost logo.Although a letter from Snapchat lawyers to Brown referred to his legal action as a "transparent attempt to shakedown Mr. Spiegel and Mr. Murphy for a share in a company to which you contributed nothing," the two sides in September 2014 agreed to a settlement of $157.5 million for Brown.Evan Thomas Spiegel was born on June 4, 1990, in Los Angeles, California. The dropoff was partly due to stiff competition from rivals like Facebook, which had copied Stories and other Snapchat features, and to the inevitable diminished enthusiasm for its once-novel capabilities.Late in the year, Spiegel announced that Snap would meet the challenges by introducing new algorithmic filtering for content, and by continuing to develop innovative products such as its recently unveiled augmented reality lenses.