Evan Spiegel, CEO of Snap, became a billionaire at the age of 25.
Each day, some 432 million people use Snapchat to send disappearing photos and videos to friends. The company booked $4.6 billion in revenue in 2023 and boasts about 850 million monthly users.
Spiegel launched the company with Bobby Murphy, a Stanford University fraternity brother, in 2011.
Murphy and Spiegel jointly own about a quarter of Snap but have voting shares that give them control over the board.
He graduated from Stanford with a B.S. in product design in 2018, six years after he first dropped out to start Snapchat.
Spiegel has donated more than $280 million in Snap stock. He and Murphy have pledged to donate 13 million shares to the youth-focused Snap Foundation.
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