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Evan Spiegel and Miranda Kerr reportedly dropped $30 million on a mansion in Paris

Jan 22, 2021, 21:50 IST
Business Insider
Snap CEO Evan Spiegel, left, and model Miranda Kerr.Getty Images
  • Evan Spiegel and Miranda Kerr bought a $30 million mansion in Paris, according to The New York Post.
  • The couple also owns a $12 million home in Brentwood, California.
  • Spiegel, the CEO of Snap, obtained French citizenship in 2018.
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Snap CEO Evan Spiegel and his wife, the model Miranda Kerr, dropped $30 million on a mansion in Paris, according to The New York Post's Mary K. Jacob.

The 10,000-square-foot house, located near the Seine river in Paris, includes six bedrooms, five bathrooms, a swimming pool, courtyard, garden, library, music room, wine cellar, private dressing rooms, and space for nurses, maids, or chefs, according to the Post.

Spiegel and Kerr reportedly paid $30,358,000 when they purchased the property last May.

Read more: The 31 top power players helping CEO Evan Spiegel run Snap

The couple also owns a home in Brentwood, California, which they purchased for $12 million in 2016. The 7,164-square-foot home was the site of their 2017 wedding. Since then, Kerr and Spiegel have had two children together - Hart and Myles - and they also co-parent Kerr's son, Flynn, with her first husband, Orlando Bloom.

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The Paris home purchase comes after Spiegel, who was born and raised in Southern California, obtained French citizenship. In 2018, Spiegel was granted citizenship through a French law that allows the Ministry of Foreign Affairs to grant French nationality to "a French-speaking foreigner who requests it and who contributes [to France] through exceptional action to the standing of France and the prosperity of international economic relations."

Spiegel has several close friends who are power players in France's business world, including telecom billionaire Xavier Niel and Antoine Arnault, the CEO of fashion house Berluti and son of LVMH CEO Bernard Arnault.

"Honestly, he loves France," a Snap spokesperson told French publication Les Echos at the time. "He goes several times a year and has been learning the language for several years."

As of 2019, Snap had 80 employees based in France and had already paid $213 million to acquire a French startup called Zenly, which supplied the technology for Snap Maps.

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