<!-- mobian-agent-page publisher="time" canonical="https://time.com/money/4774966/snap-co-founder-evan-spiegel-just-lost-more-than-1-billion/" -->

[Read the full article at https://time.com/money/4774966/snap-co-founder-evan-spiegel-just-lost-more-than-1-billion/](https://time.com/money/4774966/snap-co-founder-evan-spiegel-just-lost-more-than-1-billion/)