Bio and Pics of World’s Youngest Self-Made Billionaire Evan Spiegel


Spiegel grew up in the Pacific Palisades, a ritzy Los Angeles enclave just east of Malibu. He is the older son of two Ivy League-educated lawyers. His parents divorced when he was in high school.

Spiegel grew up in the Pacific Palisades, a ritzy Los Angeles enclave just east of Malibu. He is the older son of two Ivy League-educated lawyers. His parents divorced when he was in high school.

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When Spiegel turned 16 and got his driver’s license, he was given a Cadillac Escalade, which he parked in the gated Southern California Edison parking lot next to his school. Spiegel’s father represented Edison during the energy crisis.

When Spiegel turned 16 and got his driver's license, he was given a Cadillac Escalade, which he parked in the gated Southern California Edison parking lot next to his school. Spiegel's father represented Edison during the energy crisis.

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Source: LA Weekly

Spiegel spent his early years at an ultra-exclusive school called Crossroads in Santa Monica, which costs tens of thousands per academic year. Other notable alumni include Tinder cofounder Sean Rad, Kate Hudson, Jonah Hill, Jack Black, and Gwyneth Paltrow.

Spiegel spent his early years at an ultra-exclusive school called Crossroads in Santa Monica, which costs tens of thousands per academic year. Other notable alumni include Tinder cofounder Sean Rad, Kate Hudson, Jonah Hill, Jack Black, and Gwyneth Paltrow.

Iamnotastalker.com

Around the time that he landed a marketing internship with Red Bull, Spiegel decided that he wanted a more fuel-efficient car to drive around the city in. In a letter from 2008, Spiegel asked his parents to lease him a BMW 550i, which retails for about $75,000. “Cars bring me sheer joy,” he wrote. “I would really appreciate you validating me and all of my hard work by leasing the BMW.”

Around the time that he landed a marketing internship with Red Bull, Spiegel decided that he wanted a more fuel-efficient car to drive around the city in. In a letter from 2008, Spiegel asked his parents to lease him a BMW 550i, which retails for about $75,000. "Cars bring me sheer joy," he wrote. "I would really appreciate you validating me and all of my hard work by leasing the BMW."

Aurimas / Flickr

The Spiegels were members of a number of exclusive clubs, including the Jonathan Club in Santa Monica and the La Jolla Beach and Tennis Club. They often went on trips to Europe, employed a full-time housekeeper, and even went snowboarding by helicopter in Canada. “We live in a bubble,” Evan wrote in the letter asking for the BMW.

The Spiegels were members of a number of exclusive clubs, including the Jonathan Club in Santa Monica and the La Jolla Beach and Tennis Club. They often went on trips to Europe, employed a full-time housekeeper, and even went snowboarding by helicopter in Canada. "We live in a bubble," Evan wrote in the letter asking for the BMW.

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Source: LA Weekly

Spiegel went on to study product design at Stanford (his father’s alma mater), where he met future Snapchat cofounders Reggie Brown and Bobby Murphy.

Spiegel went on to study product design at Stanford (his father's alma mater), where he met future Snapchat cofounders Reggie Brown and Bobby Murphy.

From left to right: Reggie Brown, Bobby Murphy, Evan SpiegelLA County Superior Court

“We weren’t cool,” Murphy later told Forbes, “so we tried to build things to be cool.”

"We weren't cool," Murphy later told Forbes, "so we tried to build things to be cool."

An early photo of Evan Spiegel and Bobby Murphy.Snapchat

Source: Forbes

The three were members of the Kappa Sigma fraternity. Spiegel was social chair, and judging from leaked emails, he was quite the partier.

The three were members of the Kappa Sigma fraternity. Spiegel was social chair, and judging from leaked emails, he was quite the partier.

Snapchat CEO Evan SpiegelTwitter

In 2014, emails from Spiegel’s days at Stanford were leaked. In expletive-laden messages to members of his fraternity, Spiegel made offensive jokes about having sex with women.

Once the emails were publicized, Spiegel issued an apology.

“I’m sorry I wrote them at the time and I was jerk to have written them,” he said in 2014. “They in no way reflect who I am today or my views towards women.”

While at Stanford, a friend of the family let Spiegel sit in on a graduate-level class on entrepreneurship and venture capital. In that class he heard talks from tech luminaries like Google CEO Eric Schmidt and YouTube cofounder Chad Hurley.

While at Stanford, a friend of the family let Spiegel sit in on a graduate-level class on entrepreneurship and venture capital. In that class he heard talks from tech luminaries like Google CEO Eric Schmidt and YouTube cofounder Chad Hurley.

HarshLight/Flickr

Source: LA Weekly

Spiegel befriended Intuit founder Scott Cook after he gave a talk at one class. Cook ended up letting Spiegel work on a product Intuit planned to release in India while he worked on his undergrad.

Spiegel befriended Intuit founder Scott Cook after he gave a talk at one class. Cook ended up letting Spiegel work on a product Intuit planned to release in India while he worked on his undergrad.

Intuit

Spiegel dropped out of Stanford just a few credits short of graduation to work on Snapchat full time. The team developed the bulk of the disappearing messages app, which was first called Picaboo, in 2012 while headquartered at Spiegel’s dad’s house in the Palisades.

Spiegel dropped out of Stanford just a few credits short of graduation to work on Snapchat full time. The team developed the bulk of the disappearing messages app, which was first called Picaboo, in 2012 while headquartered at Spiegel's dad's house in the Palisades.

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Though Snapchat eventually moved to offices on the Venice boardwalk, Spiegel lived at his dad’s house for years, in part because “the rent is cheap.”

Though Snapchat eventually moved to offices on the Venice boardwalk, Spiegel lived at his dad's house for years, in part because "the rent is cheap."

Glassdoor

Spiegel moved out of his dad’s house in November 2014 and bought his own three-bedroom house in Brentwood for $3.3 million.

Spiegel moved out of his dad's house in November 2014 and bought his own three-bedroom house in Brentwood for $3.3 million.

Lucas Jackson / Reuters, Facebook / David Offers Fine Homes

 

It wasn’t long before would-be acquirers came knocking on Spiegel’s door to buy Snapchat. He famously rebuffed a $3 billion offer from Facebook CEO Mark Zuckerberg in 2013.

It wasn't long before would-be acquirers came knocking on Spiegel's door to buy Snapchat. He famously rebuffed a $3 billion offer from Facebook CEO Mark Zuckerberg in 2013.

Illustration adapted from Bruce Turner/Flickr

Shortly after Spiegel turned down the offer from Zuckerberg, Facebook tried to clone Snapchat with a failed app called Poke.

Source: Forbes

As Snapchat’s user base and valuation continued to swell, Spiegel quickly became a bona fide celebrity in the worlds of tech and media. Here he is hanging out with George Lucas and Vice CEO Shane Smith during the Vanity Fair New Establishment Summit in October 2014.

As Snapchat's user base and valuation continued to swell, Spiegel quickly became a bona fide celebrity in the worlds of tech and media. Here he is hanging out with George Lucas and Vice CEO Shane Smith during the Vanity Fair New Establishment Summit in October 2014.

Michael Kovac / Getty Images

After Snapchat completed a big funding round in June 2015, Spiegel bought himself a Ferrari.

After Snapchat completed a big funding round in June 2015, Spiegel bought himself a Ferrari.

Dave Smith/Tech Insider

Spiegel was romantically linked with pop superstar Taylor Swift for a brief time. The two reportedly met in December 2013 at a New Year’s Eve party.

Spiegel was romantically linked with pop superstar Taylor Swift for a brief time. The two reportedly met in December 2013 at a New Year's Eve party.

Andrew H. Walker/Getty

 Source: LaineyGossip

Spiegel has been fascinated with the music industry for years, and Sony Entertainment CEO Michael Lynton is a longtime Snapchat board member. Spiegel was reportedly interested in buying Big Machine, the record label that represents Swift, though the deal never went through.

Spiegel has been fascinated with the music industry for years, and Sony Entertainment CEO Michael Lynton is a longtime Snapchat board member. Spiegel was reportedly interested in buying Big Machine, the record label that represents Swift, though the deal never went through.

Michael Lynton, CEO of Sony Entertainment, and Chairman and CEO of Sony Pictures Entertainment.David McNew/Getty

Source: New York Post

Spiegel started dating supermodel Miranda Kerr during the summer of 2015. They first met at a dinner for Louis Vuitton in Los Angeles.

Spiegel started dating supermodel Miranda Kerr during the summer of 2015. They first met at a dinner for Louis Vuitton in Los Angeles.

Andreas Rentz/Getty Images; Michael Kovac/Getty Images

In May 2016, the couple purchased a 7,164-square-foot house that had been owned by Harrison Ford for $12 million.

In May 2016, the couple purchased a 7,164-square-foot house that had been owned by Harrison Ford for $12 million.

Zillow

Things moved quickly after that: the power couple announced that they were engaged in July 2016.

AP Images

Spiegel cares about fashion more than most tech CEOs. He made headlines in October 2015 for appearing on the cover of Vogue Italy.

Spiegel cares about fashion more than most tech CEOs. He made headlines in October 2015 for appearing on the cover of Vogue Italy.

Vogue Italy

Source: Vogue Italy

He’s a licensed helicopter pilot who also enjoys flower arranging. His signature shirt is a James Perse white v-neck, which retails for $60.

He's a licensed helicopter pilot who also enjoys flower arranging. His signature shirt is a James Perse white v-neck, which retails for $60.

Reuters

He once told GQ that the shirt has been a “staple since high school.”

Source: GQ

In September 2016, Spiegel renamed Snapchat to Snap Inc. and called it a “camera company.” He also unveiled camera-equipped sunglasses called Spectacles.

In September 2016, Spiegel renamed Snapchat to Snap Inc. and called it a "camera company." He also unveiled camera-equipped sunglasses called Spectacles.

Snapchat/YouTube

Source: WSJ Magazine

 

Spiegel highly values secrecy in his business dealings as well as his personal life. Snap employees often don’t know about products the company is working on until they’re announced publicly.

Spiegel highly values secrecy in his business dealings as well as his personal life. Snap employees often don't know about products the company is working on until they're announced publicly.

A security camera over the door of Snapchat’s headquarters in Venice.Thomson Reuters

Source: What it’s like to work at Snapchat, one of the most secretive companies in tech (Business Insider)

He often moves across the company’s network of Venice Beach outposts in a black car flanked by his security detail.

He often moves across the company’s network of Venice Beach outposts in a black car flanked by his security detail.

(Not Evan Spiegel.)Kevork Djansezian/Getty Images

Source: What it’s like to work at Snapchat, one of the most secretive companies in tech (Business Insider)

When he acquired a small startup called Vergence Labs to help create Spectacles, the startup’s employees weren’t allowed to acknowledge that they worked for Spiegel until the deal leaked online.

When he acquired a small startup called Vergence Labs to help create Spectacles, the startup's employees weren't allowed to acknowledge that they worked for Spiegel until the deal leaked online.

Hollis Johnson

Source: How Snapchat secretly bought a struggling startup, then bet the future on it (Business Insider)

Spiegel is revered by many as a product visionary and genius who knows what young people want. One person close to him likened him to Picasso.

Spiegel is revered by many as a product visionary and genius who knows what young people want. One person close to him likened him to Picasso.

Getty

Source: Recode

The 26-year-old has been named the youngest self-made billionaire in the world by Forbes for the past two years. He has an estimated net worth of $2.1 billion.

The 26-year-old has been named the youngest self-made billionaire in the world by Forbes for the past two years. He has an estimated net worth of $2.1 billion.

Larry Busacca/Getty Images for Time Inc

Source: Forbes

As he prepares to take his company public in 2017 at a $20 billion valuation, his pitch to investors will reportedly compare him to Mark Zuckerberg and Steve Jobs.

As he prepares to take his company public in 2017 at a $20 billion valuation, his pitch to investors will reportedly compare him to Mark Zuckerberg and Steve Jobs.

AP Photo/Jae C. Hong