Spiegel Spiegel, a 25-year-old billionaire with 1.9 billion assets, became the youngest.
Spiegel Spiegel, a 25-year-old billionaire with 1.9 billion assets, became the youngest.
Fortune website announced that Spiegel (Evan Spiegel), who had a fortune of $1.9 billion at the age of 25, became the youngest person on the list. Spiegel, co-founder of the photo-sharing app Snapchat, is the youngest person on Fortune's under-35 list, with $1.9 billion at the age of 25.
While studying product design at Stanford, Evan Spiegel, with a fortune of $1.9 billion, developed an app that could send a photo message to a contact and remove the photo within 10 seconds after viewing it, but failed. After being reshaped as Snapchat, the program was launched in the fall of 2011. Spiegel then dropped out of Stanford to focus on Snapchat.
Spiegel, CEO of Snapchat, who had a fortune of $1.9 billion at the age of 25, ranked 15th on the list, Sing Tao Daily reported. The number of users of the company that briefly shares photos and videos continues to grow, with more than 100 million people using the free mobile app every day. In late 2013, facebook offered to buy Snapchat for $3 billion, which was rejected by Spiegel.
▲, 25, has 1.9 billion billionaires, Spiegel Spiegel, becoming the youngest billionaire
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