Snapchat is a popular app that lets people send pictures and videos that disappear after a few seconds. Kids, teens, and even adults love using it for its fun filters and stories.
In a world where social media apps like Instagram, Facebook, WhatsApp, and TikTok are widely used, Snapchat has made a strong place for itself, especially among young users.
These days, youth love to create streaks with their friends on Snapchat to keep chatting daily. It has become a favorite app, especially among Gen Z. But do you know who owns Snapchat today? Let’s find out in simple words.
Who is the Current Owner of Snapchat?
The company that owns Snapchat is called Snap Inc. It is based in Santa Monica, California. Today, the two main people who run Snap Inc. are:
- Evan Spiegel – He is the CEO (Chief Executive Officer).
- Bobby Murphy – He is the CTO (Chief Technology Officer).
Even though Snap Inc. is a public company, Evan and Bobby still have special shares that give them more control. This means they make most of the important decisions.
Snapchat History: The Beginning of Snapchat
Snapchat started in 2011. It was created by three college students — Evan Spiegel, Bobby Murphy, and Reggie Brown. They were studying at Stanford University when they came up with an idea: a messaging app where photos vanish after a few seconds. That idea turned into Snapchat.
Later, in 2017, the company behind Snapchat changed its name to Snap Inc. and became a public company. This means people could start buying and selling shares of the company.
Ownership Details of Snapchat
Here is a table with all the important information about who owns Snapchat:
| Detail | Information |
|---|---|
| Company Name | Snap Inc. |
| App Name | Snapchat |
| Founding Year | 2011 |
| Founders | Evan Spiegel, Bobby Murphy, Reggie Brown |
| Headquarters | Santa Monica, California, USA |
| CEO | Evan Spiegel |
| CTO | Bobby Murphy |
| Public Company Since | 2017 |
| Major Shareholders | Evan Spiegel, Bobby Murphy, Tencent Holdings |
| Voting Power | Over 95% by Evan Spiegel and Bobby Murphy |
| Number of Employees | About 4,900 (as of 2024) |
About Evan Spiegel
Evan Spiegel is one of the original creators of Snapchat. He was born in 1990 and grew up in California. While studying at Stanford, he helped build Snapchat. Today, he is the CEO of Snap Inc. and leads the company.
He is married to Miranda Kerr, a famous model, and they have children together.
About Bobby Murphy
Bobby Murphy also helped create Snapchat. He studied with Evan at Stanford University. Bobby is now the Chief Technology Officer (CTO) of Snap Inc. He works on the technology and features that make Snapchat work.
He still works closely with Evan Spiegel and helps guide the company.
How Evan and Bobby Keep Control
Even though Snap Inc. is now a public company, Evan and Bobby have special shares called “Class C” shares. These shares give them more voting power. That means they have the final say in most company decisions.
Together, they control more than 95% of the voting rights. So even if other people buy shares, Evan and Bobby still lead the company.
Other Major Investors in Snap Inc.
Some big companies have also invested in Snap Inc. These include:
- Tencent Holdings – A large company from China. It owns around 16.56% of Snap Inc.
- Fidelity Management & Research – Owns about 14.71%.
- Vanguard Group – Owns about 7.03%.
These companies have put money into Snap Inc., but they do not have control over how the company is run.
Snapchat’s Growth and Global Popularity
Snapchat has grown a lot in the last few years. Today, the app has over 400 million daily active users. It is especially popular among young people and is now a major social media platform around the world. The company keeps adding new features and fun tools to make users stay connected and enjoy the app more.
Frequently Asked Questions (FAQs)
Q: Who created Snapchat?
A: Evan Spiegel, Bobby Murphy, and Reggie Brown started Snapchat in 2011.
Q: Who owns Snapchat today?
A: Snap Inc. owns Snapchat. The main people in charge are Evan Spiegel and Bobby Murphy.
Q: Is Snapchat a public company?
A: Yes. Snap Inc. became a public company in 2017.
Q: Do Evan and Bobby still control the company?
A: Yes. They own special shares that give them most of the voting power.
Q: What other things does Snap Inc. make?
A: Snap Inc. also makes Spectacles (smart glasses) and owns Bitmoji.
Final Thoughts
Snapchat is a fun and fast way to send photos and videos, and millions of people use it every day. The app was created by Evan Spiegel, Bobby Murphy, and Reggie Brown. Today, Evan and Bobby still lead the company and make the big decisions.
Even though many people and companies have invested in Snap Inc., Evan and Bobby have kept most of the control. This helps them protect their original vision for Snapchat and keep making it better for everyone.
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