Wealthiest Angelenos: 39, Evan Spiegel

0

NET WORTH: $1.5 billion

LAST YEAR: Not on list

AGE: 24

RESIDENCE: Los Angeles

SOURCE OF WEALTH: Snapchat

THE MONEY: Pacific Palisades native formed Picaboo, predecessor to Snapchat, at Stanford University with Kappa Sigma frat brother Bobby Murphy. Last year settled ownership dispute with former classmate Frank Reginald “Reggie” Brown in September. Spiegel, Snapchat’s CEO, and Murphy, its CTO, each hold estimated 10 percent stake in business, valued at $15 billion.

BUZZ: Said to have moved from father’s house in last year after purchasing Brentwood home for $3.3 million. Forced to publicly apologize after Gawker’s Valleywag blog published string of obscene emails he authored during his Stanford fraternity days that contain references to binge drinking, drug use and urinating on women. (For details on Snapchat, see entry for Bobby Murphy, above.)

No posts to display