The fabulous life of Snap CEO Evan Spiegel, the youngest self-made billionaire in the world
Reuters
Evan Spiegel.
Life is good for Evan Spiegel.
His company, Snap Inc., is preparing for one of the most hotly anticipated IPOs of 2017 at a valuation around $20 billion. The Snapchat app is beloved by teens everywhere, and Snap’s recently released Spectacles glasses are one of the most sought after gadgets in tech.
And with an estimated net worth of $2.1 billion, 26-year-old Spiegel is the youngest self-made billionaire in the world, according to Forbes.
Spiegel lives a charmed life, and he knows it.
BARCLAYS: These 13 'black swans' could cause market chaos in 2017
Reuters/Daniel Munoz
2016 was a year of shocks, and with Donald Trump set to be sworn in as US president in less than weeks and the UK set to begin the formal process of leaving the European Union by the end of March, 2017 could get even more interesting.
Nowhere is this truer than in the energy and commodity sector, where as many as 13 major events could be "black swans" in 2017, a new research note published by a team at Barclays says.
Southern train driver plans are safe if conditions are met: ORR
Southern train driver plans are safe if conditions are met: ORR"/>
Controversial plans by Southern Railway to allow drivers to operate train doors are safe if certain key conditions are in place, the industry regulator has found.
The conclusions were seized upon by the company and the Government but train drivers' union Aslef said the report, which called for a series of improvements, was not a "clean bill of health".
Car cost warning adds to fears of 2017 price rise gloom
Car cost warning adds to fears of 2017 price rise gloom"/>
Car (HKSE: 0699-OL.HK - news) prices will start rising within weeks following the slump in the pound, the industry's trade body has warned.
The comments, by the head of the Society of Motor Manufacturers and Traders (SMMT) in an interview with Sky News, add to fears of growing pressure on household budgets already facing rising fuel and retail costs .
Next (Frankfurt: 779551 - news) used a Christmas trading statement to warn on Wednesday that its prices were on course to rise by 5%.
Meanwhile, Bank of England chief economist Andy Haldane said rising prices may see consumers "throttle back" on spending - a key component of economic growth, which has partly been fuelled by rising household debt.
SMMT chief executive Mike Hawes said new car customers would see increases in the first quarter of the year, with rises of 2-3% over coming months.
It would mean a hike of up to about £400 on a new Ford Fiesta Zetec, which currently sells for just over £13,500.
That is in addition to an earlier warning that motorists face paying £1,500 more for imported cars when the UK leaves the EU if the divorce deal results in new tariffs.
Premier League: Barcelona target Koeman ridicules speculation
Everton manager Ronald Koeman has allayed fears about him departing for Barcelona, with Luis Enrique reportedly leaving at the season's end.
Ronald Koeman has dismissed speculation suggesting he is being lined up as Luis Enrique's successor at Barcelona, insisting the rumours are "not important".
The Dutchman enjoys a strong connection with the Catalan club having spent six years of his playing career at Camp Nou, before also becoming Louis van Gaal's assistant from 1998 until 2000.