Evan Spiegel, the co-founder and CEO of Snap Inc., has long been one of Silicon Valley’s most closely watched entrepreneurs. As of March 19, 2025, his estimated net worth stands at approximately $981.1 million, based primarily on his holdings in Snap Inc. stock and a series of lucrative insider trades conducted over the past several years. While not quite at the multi-billion-dollar peak of earlier years, Spiegel’s fortune remains substantial, reflecting both his early innovation and continued influence in the tech industry.
Breaking Down Spiegel’s SNAP Wealth
At just 34 years old, Evan Spiegel remains a significant force in the technology space. As of 2025, he owns 38.9 million shares of Snap Inc. (SNAP), valued at roughly $348.5 million. This makes up a large portion of his net worth. His role as CEO has positioned him to be among the most active insider shareholders at Snap.
Since 2021, Spiegel has sold a total of 10.3 million shares, generating an estimated $632.6 million in proceeds. These transactions have been filed through SEC Form 4, with 56 insider trades made during this period. His most recent sale was conducted on February 6, 2025, involving 150,000 shares. The largest sale Spiegel made occurred on June 7, 2021, when he offloaded 414,781 shares.
Despite these sales, Spiegel continues to maintain a sizable equity stake in Snap Inc., underscoring his long-term commitment to the company he helped launch in 2011.
Snap Insider Trading Trends
Evan Spiegel isn’t alone when it comes to insider trading activity at Snap. A total of 357 insider trades have been reported at the company since 2021, including sales by fellow executives such as Michael J. O’Sullivan and Derek Andersen. The trend suggests that Snap’s top brass has frequently capitalized on stock value during periods of market strength.
Most notably, there have been zero insider share purchases during this time, with all trades involving stock sales. As of March 17, 2025, the most recent insider activity was logged by Rebecca Morrow, Snap’s Chief Accounting Officer (CAO), who sold 2,560 shares.
These patterns align with typical behavior seen among high-growth tech companies, where stock-based compensation forms a large part of executive pay. Periodic liquidation of stock is often used by executives to diversify their personal portfolios.
The Personal Side of Evan Spiegel
Beyond his boardroom accomplishments, Evan Spiegel has also drawn public interest through his high-profile marriage to Australian supermodel and Kora Organics founder Miranda Kerr. The couple married in 2017 and have since welcomed three children together. Spiegel has credited fatherhood with changing his outlook on life and business.
Kerr, who was previously married to actor Orlando Bloom, often shares glimpses of their family life on social media. In early 2025, she posted behind-the-scenes footage of the pair during her debut on QVC to promote her skincare line. Spiegel accompanied her to the set, a quiet but supportive presence in the background of her entrepreneurial ventures.
Early Life and Rise to Tech Fame
Born on June 4, 1990, in Los Angeles, California, Evan Spiegel attended Stanford University, where he first conceptualized the idea for a disappearing photo-sharing app with co-founders Bobby Murphy and Reggie Brown. That idea would become Snapchat, launched in 2011.
Snap’s rise was meteoric. The company became a cultural phenomenon, especially among Gen Z users, known for its ephemeral messaging, creative filters, and social media innovation. In 2017, Snap went public on the New York Stock Exchange. Though the IPO initially saw strong investor interest, the company faced volatile stock performance in the following years.
Nevertheless, Spiegel remained steadfast in pushing innovation. Under his leadership, Snap introduced features such as augmented reality filters, Snap Map, Spotlight (a competitor to TikTok), and a renewed push into hardware with Spectacles. His efforts have been instrumental in keeping Snap relevant in the crowded social media space.
Challenges and Changing Valuations
Like many tech firms, Snap’s valuation has fluctuated over time. At its peak, Snap was valued at over $100 billion, and Spiegel’s net worth soared into multi-billion-dollar territory. However, challenges such as intensified competition from Meta (Instagram), user privacy changes from Apple, and advertising headwinds impacted Snap’s financial performance and stock price.
As of early 2025, Snap’s market cap has seen a correction, leading to a drop in Spiegel’s estimated net worth from prior highs. However, with a remaining $348.5 million stake in Snap and nearly $632 million already cashed out, Spiegel remains in elite financial territory.
Philanthropy and Future Outlook
Spiegel has also dipped into philanthropy. In 2020, he and Miranda Kerr joined The Giving Pledge, a commitment by billionaires to donate a majority of their wealth to charitable causes. His contributions have supported initiatives in education, arts, and racial equity.
Going forward, Spiegel is expected to continue leading Snap through its next evolution, which could include expansion into AI-driven social media, smart wearables, or even the metaverse. His leadership, combined with his financial prudence, positions him well for future success—even as Snap’s business model continues to face disruption and reinvention.
Final Thoughts
Evan Spiegel’s journey from Stanford dropout to nearly billionaire CEO exemplifies the highs and challenges of Silicon Valley. With a net worth nearing $1 billion, and an enduring stake in one of the most recognizable tech brands of the last decade, Spiegel’s influence continues to ripple across the digital world.
While market fluctuations have slightly tempered his fortune, Spiegel’s blend of entrepreneurial vision, insider ownership, and strategic wealth management secures his place among the top tech entrepreneurs of his generation.
