- Snapchat cofounder Evan Spiegel is only 29 years old, and one of the youngest billionaires in the United States.
- Since 2011, Spiegel has served as the CEO of Snap, Snapchat's parent company, and has overseen its public offering, foray into tech hardware, and investment in augmented reality.
- Here's everything you need to know about Evan Spiegel, who is married to supermodel Miranda Kerr and has fathered two children.
- Visit Business Insider's homepage for more stories.
Life is good for Snapchat CEO Evan Spiegel.
The 29-year-old is one of the youngest billionaires in the world, with an estimated net worth around $4 billion. Snapchat seems to have recouped the losses it suffered in 2017 after the company went public and suffered a number of missteps, including a hated app redesign.
Things seem good at home, too: Spiegel is married to model and entrepreneur Miranda Kerr, and the couple welcomed their second child — another boy, named Myles — just three months ago.
Here's how Evan Spiegel got his start and became one of the youngest billionaires in the world.
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A CEO (and member of Forbes 400!) throwing a party takes his executives on a tour of his opulent mansion. In the back of the property, the CEO has the largest swimming pool any of them has ever seen. The huge pool, however, is filled with hungry alligators. The CEO says to his executives “I think an executive should be measured by courage. Courage is what made me CEO. So this is my challenge to each of you: if anyone has enough courage to dive into the pool, swim through those alligators, and make it to the other side, I will give that person anything they desire. My job, my money, my house, anything!”
Everyone laughs at the outrageous offer and proceeds to follow the CEO on the tour of the estate. Suddenly, they hear a loud splash. Everyone turns around and sees the CFO (Chief Financial Officer) in the pool, swimming for his life. He dodges the alligators left and right and makes it to the edge of the pool with seconds to spare. He pulls himself out just as a huge alligator snaps at his shoes. The flabbergasted CEO approaches the CFO and says, “You are amazing. I’ve never seen anything like it in my life. You are brave beyond measure and anything I own is yours. Tell me what I can do for you.”
The CFO, panting for breath, looks up and says, “You can tell me who the hell pushed me in the pool!!”
by quan cao tien August 7, 2010
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The CEO hired an 'efficiency expert' who determined that me and my 99 closest coworkers should be outsourced to save the company some money each year. I think he is more motivated by money than responsibility to his employees welfare.
by zwibble de jah jah April 24, 2007
Get the CEO mug.Admit it. We all feel a touch of awe when someone has it: the CEO title. The power, the salary, and the chance to Be The Boss. It’s worthy of awe!
Too bad so few CEOs are good at what they do. In fact, only 1 in 20 are in the top 5%1. Many don’t know what their job should be, and few of those can pull it off well. The job is simple—very simple. But it’s not easy at all. What is a CEO's job?
More than with any other job, the responsibilities of a CEO diverge from the duties and the measurement.
A CEO’s responsibilities: everything, especially in a startup. The CEO is responsible for the success or failure of the company. Operations, marketing, strategy, financing, creation of company culture, human resources, hiring, firing, compliance with safety regulations, sales, PR, etc.—it all falls on the CEO’s shoulders..
The CEO’s duties are what she actually does, the responsibilies she doesn’t delegate. Some things can’t be delegated. Creating culture, building the senior management team, financing road shows, and, indeed, the delegation itself can be done only by the CEO.
Many start-up CEOs think fund-raising is their most important duty. I disagree. Fund-raising is necessary, but the CEOs contribution is in building a superb business with the money raised.
Kelly~gean: Life In Motion Co. CEO sounds good to me. Think I'll make it? I'm worried about the copy write infringement of the name. I could always change it To Life in Ocean Motion:)!
It's like being right in Skynards "Hell House," to success.
Mom: You can do anything you set you mind to and stubborn enough to make it happen. It's not what people fight for it's what they live for.
Kelly~gean: ILU woman!
by R@d!0M0v!eM2g!c December 31, 2010
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