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How did Evan Spiegel become rich?
By the end of 2012, Snapchat had one million daily active users. By 2014, Spiegel was a billionaire. He was 25 years old. Snapchat rebranded itself Snap and went public in March 2017, making Spiegel a multi-billionaire.
How much did Evan Spiegel make from Snapchat?
He made about $504 million in 2017, according to Bloomberg. Snap had its IPO in 2017 and Spiegel was richly rewarded for it. According to SEC filings, he collected $1.2 million in salary and other compensation, but the big money came from a large stock grant — about 37 million shares of Snap vested on the IPO date.
How did Evan Spiegel become an entrepreneur?
Born in 1990 in Los Angeles, California, Evan Spiegel is the co-founder and CEO of Snap Inc., the parent company of Snapchat. Initially named Picaboo and released in 2011, the app gained steam the following winter, eventually making its co-founders billionaires when Snap went public in early 2017.
At what age did Evan Spiegel become a billionaire?
Evan Spiegel, CEO of Snap, became a billionaire at the age of 25. Each day some 293 million people use Snapchat to send disappearing photos and videos. Spiegel launched the company with Bobby Murphy, a Stanford University fraternity brother, in 2011.
How much is Bobby Murphy worth?
9.8 billion USD (2021)
Bobby Murphy/Net worth
What is Snapchats net worth?
By Sean Dennison
| What Is Snapchat Worth? | |
|---|---|
| Share Price, 52-Week Range | $37.35 – $83.34 |
| 2020 Revenue | $2.506 billion |
| 2020 Profit | -$944.84 million |
| GOBankingRates’ Evaluation of Snapchat’s Net Worth | -$2.16 billion |
When did Bobby Murphy become a billionaire?
He was named as one of “100 Most Influential People in 2014” by Time. In 2015, Murphy was first listed and became the second-youngest billionaire in the world by Forbes.