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Snapchat Founder Becomes Instant Multi-Billionaire

98FM
98FM

07:34 2 Mar 2017


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Snapchat has become the biggest US tech firm to float on the stock market since Facebook in 2012.

At $24 a share, the move has made the 26 year old founder Evan Spiegal an instant multi-billionaire.

He's notoriously private which is kind of gas given the app makes a living out of people sharing details about their lives.

Apparently it's easier to keep track of Spiegel by following his fiance Miranda Kerr.

Congratulations to my love and Snap Inc 😍👻

A post shared by Miranda (@mirandakerr) on

The messaging app was launched in 2011, but it's now raising questions about its future after the parent company Snap listed itself as a camera company.


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