Forbes World's Billionaires: #854 Evan Spiegel - Snapchat - net worth $2.1 Billion

[Mask]

#854 Evan Spiegel

• REAL TIME NET WORTH
• $2.1 Billion

SHARE


AGE
25
SOURCE OF WEALTH
Snapchat, Self Made
RESIDENCE
Los Angeles, CA
CITIZENSHIP
United States
MARITAL STATUS
Single
EDUCATION
Bachelor of Arts / Science, Stanford University
Evan Spiegel on Forbes Lists

• #854 Billionaires (2016)
• #12 America's Richest Entrepreneurs Under 40 (2015)
• #327 Forbes 400 (2015)
• #99 Richest In Tech (2015)

Profile
Snapchat, the temporary photo and video messaging company, continues to capture more users and interest from investors since Evan Spiegel and Bobby Murphy cofounded the company in 2011. Almost 100 million people use the free app daily. More than 60% of 13- to 34-year-old U.S. smartphone users are on the service. Spiegel, who holds the reins as Snapchat's CEO, grew up in the Los Angeles area. He studied product design at Stanford University and met Murphy, who was two years ahead of him and studying math, at the Kappa Sigma frat house. [...]

 

[TENT]

Company is useless bullshit. America is headed for a downfall.

 

[Llano]

Dude was smart not to sell to Facebook.

 

[Mack1052]

Dude was smart not to sell to Facebook.

Yup. Snapchat's anonymity is its major appeal

 

[havelcok]

how is it making money?
is there advertising on it?

all this seems like paper money

 

[Mask]

Snap$$$$

 

[D Town Redd]

Company is useless bullshit. America is headed for a downfall.

Don't let your HATE get the better of you, bruh

You were put on this planet to be GREAT not to HATE.

Unlock your power of SHAPING your reality by focusing on what YOU can contribute, build, and nurture.

Everyone's got the seeds of greatness but most CHOOSE (through confused/unfocused thinking / bad mental habits or The Devils' DECEPTION) to waste that seed.

 

[RoomService]

One day Bernard Jones will be on that list...

 

[godofwine]

Don't let your HATE get the better of you, bruh

You were put on this planet to be GREAT not to HATE.

Unlock your power of SHAPING your reality by focusing on what YOU can contribute, build, and nurture.

Everyone's got the seeds of greatness but most CHOOSE (through confused/unfocused thinking / bad mental habits or The Devils' DECEPTION) to waste that seed.

Once you find out what your seed is you can plant it and make money doing it. I'm currently working on something that would make significant changes to the black community. While everybody is trying to get rich off of us I'm going to change the game and make it so they can't compete with my business model

 

[largebillsonlyplease]

how is it making money?
is there advertising on it?

all this seems like paper money

Yes. There is advertising on it. LOTS. Man this thing can basically print money and it's only rival is facebook and google right now.
It's got the demographic and it's still growing. It's so good Instagram started copying it to try and get a dent in it's users and it isn't working.

Say you watch a friend's story.. at the end of it.. AD. 7 second ad- from MAJOR companies that you'd see on TV.
You can swipe over and you can see where people are bidding to be the 1st thing you see to read their stories..
right now on mine there's buzzfeed / daily mail/ vice /tastemade /people magazine/ espn /cosmopolitan /complex /food network/ mtv /iheartradio /wall street journal /mashable /comedy central /national geo/ vogue /nfl network/ cnn/ the economist and ign

and that lineup CHANGES.
and I'm sure there's an algorithm in place where targeted demo's based on your location as well as age group will show you different options to "browse" while you're bored..
Nothing but CRAZY profits in the future. It's dope because you can have it with all your friends- you can just follow famous folks who snap- or you can have one, not follow or add anyone and get bits of 7 second news stories from the aforementioned places as well as links to interesting articles.
and like the article said that's 100 million people these companies have access to DAILY
TV networks can't promise that type of shit and Snap can.

 

[futureshock]

They are about to step their content game up.....

Turner Broadcasting To Create Shows For Snapchat
Reuters
Updated: Dec 07, 2016 3:24 PM EST
Turner Broadcasting System will create more video content for mobile app Snapchat and collaborate with the social media company on advertising, Turner said on Wednesday, as they expand a partnership to broaden their reach among millennials.

TV networks of the Time Warner unit, including TBS and Adult Swim, will create original series exclusively for the unit of Snap, the broadcaster said in a statement.

The companies also renewed their March agreement for Snapchat to create Live Stories, collections of user-submitted photos and videos centered around a specific event, with sports shows from Turner. The shows include the National Collegiate Athletic Association (NCAAA) Division I Men's Basketball Championship and the Professional Golfers' Association (PGA) Championship.

Turner will lead sales efforts for Live Stories and shows, while Snapchat will take the lead for sponsorships on the Discover channels.

Financial terms were not disclosed.

Turner formed the partnership with Snap in 2015, and forged links with other digital media companies, to court younger viewers who prefer mobile gadgets to television. Turner said its networks reach more than 75% of millennials each month, the same audience that Snapchat targets.

The partnership began with the launch of Snapchat's Discover feature which allows companies to offer and manage their own content. The original channels included Turner's CNN and Bleacher Report, a San Francisco-based sports news website.

 

[Better]

Another story about D'wight becoming a gazillionaire. . . . . . . . . . . . . . . .

 

[Entrepronegro]

Once you find out what your seed is you can plant it and make money doing it. I'm currently working on something that would make significant changes to the black community. While everybody is trying to get rich off of us I'm going to change the game and make it so they can't compete with my business model

I hope it works out for you.

 

[ORIGINAL NATION]

Hate seeing no money in real blackness. Growing our own food in a natural way that will benefit us and the earth is part of real blackness. Total separation from whites is real blackness. raw organic vegans is very real blackness that they will work to keep away from the original genes.
Some of us blacks get money like that we would do things that is real change (not a so called black president that has to represent a white reality). We know for a fact everybody is raised to either be controlled or do the controlling. And it has to do with your genes.
Energy is questionable to those awake. That energy of that white boy is totally controlled by the sickness of this world and that is the only reality he can promote. He has great stock in it. I do not use snapchat and do not know how to use it. I heard you can get some women on that. I tried to get on it and could not understand it. Seems like you have to have an android phone or something.
Any male would want female companionship. But it seems like the only things that get popular is those things that do not matter in the struggle for freedom. Things that empower the masses will be attacked or destroyed.
In Libya it was an Africa country ruled by an Arab like most of the African countries. But the leader gave all races respect and made an extra effort to respect blacks. Everybody in Libya had weapons. So they could not be hateful of the leader of the country or why would the leader allow the public to be so armed. But the lying and controlled American press made it look like he was a villain for being real. They will not allow their slaves (the masses to have anything but more control over them by the thieves that are already running things).
When will we ever have a black press not controlled? When we ever have a black press period. Bill Cobsy is the only black I know that at least tried to own a national news network is why I believe he was attacked later in life just for that effort.
We doing so much advancing yet the prisons are getting more and more people and the streets are getting filled more and more with addicts and homeless? Only pure real black energy can change that. I guarantee you that if you make money and your mouth is still in the white man's kitchen that money is controlled. If you are a black man whose energy is real and really yours you will be prosecuted like Jesus was. The praise that whites and so called Christianity give to Jesus is really mockery because they got rid of him and what he exposed and the control he threatened to get rid of. Right now they are totally prepared to kill any black male for any signs of self control.

 

[keone]

These tech companies finessen everybody

 

[Mask]

These tech companies finessen everybody

Man U ain't never lying

 

[largebillsonlyplease]

These tech companies finessen everybody

Usually yea not this one though
Advertising is still big bucks and not too many people can say that 60% of 13-34 year old people use this and we get 100 million people on it every single day.