Snapchat Founder Net Worth (Updated 2025).

Evan Spiegel, the co-founder and CEO of Snapchat, began his entrepreneurial journey during his time at Stanford University. Spiegel, along with his fellow students Bobby Murphy and Reggie Brown, recognized the potential of a new social media platform that focused on ephemeral messaging. This idea was born out of their desire to create a more private and fleeting form of communication, unlike the permanent nature of other social media platforms at the time.

Spiegel’s career took a significant turn in 2011 when he and his co-founders launched Snapchat. The app gained traction quickly, attracting a large user base, particularly among teenagers and young adults. Spiegel’s innovative thinking and understanding of the millennial market catapulted him and Snapchat into the limelight. By 2013, just two years after its launch, Snapchat was valued at over $2 billion, making Spiegel and his co-founders overnight sensations in the tech industry.

Evan Spiegel’s Current Net Worth (2025)

As of 2025, Evan Spiegel, the co-founder and CEO of Snap Inc., has an estimated net worth of $5.7 billion, according to Forbes. This significant wealth is primarily attributed to his stake in Snapchat, the popular social media platform he created with Bobby Murphy and Reggie Brown in 2011.

Career

Evan Spiegel’s career began at Stanford University, where he studied product design. It was here that he met his future co-founders, and the trio started working on what would become Snapchat. After graduating in 2012, Spiegel dedicated himself full-time to growing the app. Under his leadership, Snap Inc. went public in 2017, marking a significant milestone in Spiegel’s career.

Other Ventures

While Snapchat is Spiegel’s most notable venture, he has also made investments in other tech startups. In 2013, he invested in the music streaming service Spotify, and he has also backed companies like Clash of Clans creator Supercell and the virtual reality platform Magic Leap.

Assets

Evan Spiegel’s assets include a significant stake in Snap Inc., as well as real estate investments. In 2016, he purchased a $12 million mansion in Los Angeles, and in 2017, he bought a $50 million compound in the same city. These properties are among the most valuable assets in Spiegel’s portfolio.

Annual Income

As of 2021, Evan Spiegel’s annual income is approximately $1.8 million, according to Forbes. This figure is primarily derived from his salary as the CEO of Snap Inc. However, his wealth has primarily grown through the appreciation of his Snap Inc. shares since the company’s IPO in 2017.

Frequently Asked Questions about  Snapchat Founder

Frequently Asked Questions: Snapchat Founder Net Worth

1. Who is the founder of Snapchat?

Evan Spiegel and Bobby Murphy are the co-founders of Snapchat. They created the app while they were students at Stanford University.

2. When was Snapchat founded?

Snapchat was launched in September 2011, initially under the name Picaboo.

3. What was the inspiration behind Snapchat?

Spiegel and Murphy were inspired to create Snapchat after seeing a project by Reggie Brown, another Stanford student, who had the idea for a self-deleting photo app. Brown was later removed from the company and sued Spiegel and Murphy, eventually settling out of court.

4. What is Evan Spiegel’s net worth?

As of the latest estimates, Evan Spiegel’s net worth is around $5.5 billion.

5. How did Snapchat become so popular?

Snapchat gained popularity due to its unique feature of self-deleting messages, which appealed to users, especially teenagers, who valued privacy and ephemerality. The app’s filters and lenses also contributed to its popularity.

6. When did Snapchat become a public company?

Snapchat went public on the New York Stock Exchange in March 2017, with the ticker symbol SNAP.

7. What is Snapchat’s primary source of revenue?

Snapchat generates revenue primarily through advertising. It offers various ad formats, including Snap Ads, Sponsored Lenses, and Sponsored Geofilters.

8. What is the company’s valuation after going public?

As of the latest data, Snap Inc.’s market capitalization is around $30 billion.

9. What is Bobby Murphy’s net worth?

Bobby Murphy’s net worth is estimated to be around $3.5 billion.

10. Have the Snapchat founders faced any controversies?

Yes, Evan Spiegel faced controversy in 2016 when he allegedly said that he didn’t want to expand Snapchat’s services to poor countries like India and Spain. Spiegel later apologized for the remark. Additionally, the company has faced criticism for its data collection practices and the impact of its app on mental health.