Snap CEO Evan Spiegel Sells $50 Million in Stock Spiegel sold 2,675,600 shares of Snap last week, earning $18.71 per share. Spiegel made over $50 million worth of stock sales. This transaction marks the first public stock sale since Snap's IPO in March. The sale was part of a pre-arranged sales plan in order to avoid concerns of insider trading. The app founder is worth about $4.5 billion.