Look: 20 Mind-Blowing Facts About How These Wealthy People Built Their Fortunes Snapchat History Spiegel dropped out of college a few credits short of graduating, according to Entrepreneur. Spiegel enrolled at Stanford University for the 2008-09 school year, which is where he rushed the Kappa Sigma fraternity and met Frank Reginald “Reggie” Brown IV and Bobby Murphy. Tuition for the 2017-18 school year is $33,227 for elementary students and $39,389 for secondary school students. Raised in the posh Pacific Palisades neighborhood of Los Angeles, he and his two sisters attended Crossroads, an exclusive Santa Monica, Calif., private preparatory school. Living with wealth isn’t anything new for Spiegel. CEO will earn an annual salary of just $1, a common figure for leaders at fast-growing public companies. A pay cut shouldn’t be a problem considering Forbes cites Evan Spiegel’s net worth as $4 billion. In 2016, Evan Speigel’s earnings included a base salary of $503,205, a $1 million bonus and $901,635 in perks - a grand total of $2.4 million. Read on to get the details on Evan Spiegel’s net worth, how he built his incredible fortune, his life with Kerr and more. He can certainly afford it: The Stanford University dropout is one of the world’s youngest self-made billionaires. Just 27 years old, Spiegel is newly married to supermodel Miranda Kerr, lives in a luxurious Los Angeles home, drives expensive cars and dresses in fine clothing. CEO and Snapchat Co-Founder Evan Spiegel is living the dream.
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