Spiegel siezed on the idea, and the two recruited the already-graduated Murphy to join the project. In the spring of 2011, another Kappa Sigma brother, Reggie Brown, remarked how he wished there was a way to send disappearing photos. The two collaborated on other projects, at one point putting together a college admissions website called Future Freshmen, before abandoning the effort. Snapchat Founding at StanfordĪt Stanford, Evan Spiegel joined the Kappa Sigma fraternity, where he met future Snapchat CTO Bobby Murphy. ![]() Kerr is an enthusiastic supporter of her husband's company: She used Snapchat-owned Bitmojis to embellish the announcement of their engagement on Instagram, and later slammed Facebook for "steal all of my partner's ideas." In November 2017, Kerr announced that she and Spiegel were expecting their first child. neighborhood of Brentwood later that year, and were married in its backyard in May 2017. Engaged in July 2016, they bought a home together in the ritzy L.A. ![]() ![]() Spiegel's smashing success with Snapchat enabled him to enjoy the trappings of a rock star lifestyle, which included romancing Australian supermodel Miranda Kerr. 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. ![]() That marked a significant dropoff from when Snap went public in March 2017. (Photo: ANGELA WEISS/AFP/Getty Images)Įntering 2018, Spiegel was estimated to be worth $3.2 billion by Forbes, based on his 18 percent ownership in the company he co-founded. Evan Spiegel attends the 2017 Berggruen Prize Gala at the New York Public Library on Decemin New York.
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