SNAP’S EVAN SPIEGEL HELPED WIPE OUT $550M IN MEDICAL DEBT
Snap CEO Evan Spiegel and wife Miranda Kerr helped erase more than $550 million in California medical debt, no applications needed.
On June 25, 2026, the nonprofit Undue Medical Debt announced that the couple’s multimillion-dollar donation had relieved the debt for more than 261,000 Californians. The exact amount of the gift was not disclosed, and the $550 million figure is the debt wiped out, not what the couple gave.
Kerr explained the motivation in a video with Spiegel, the Los Angeles Times reported.
“When someone you love is sick. All you want to do is focus on helping them get better,” Kerr said.
“That’s why we wanted to support this effort and help relieve medical debt, so families can focus on caring for their loved ones and really supporting their healing,” she said.
Spiegel said in a statement that “an unexpected medical bill can create financial stress that lasts for years,” especially when families already face rising costs across nearly every part of daily life.
He also said California has given much to him and his family, and that he cares “deeply about the wellbeing of our communities.”
How the relief worked
Nobody could sign up for this one. Undue Medical Debt buys medical debt in bulk from hospitals, physician groups, collection agencies and other groups for a fraction of its face value, then cancels it.
Eligibility depends on the bundles of debt the nonprofit acquires. The Los Angeles Times reported the criteria as income at or below 400% of the federal poverty level, or medical debt above 5% of a person’s income.
Undue Medical Debt President and CEO Allison Sesso thanked the couple in a statement.
“It’s a growing crisis undermining healthcare access, economic wellbeing and mental health and we’re so grateful that Evan Spiegel and Miranda Kerr share our belief that no one should go bankrupt because of a cancer diagnosis and no family should have to choose between insulin and groceries,” Sesso said.
Where the money landed
San Diego County got the largest reported share, with $99,026,313 in relief affecting 40,369 people. Riverside and San Bernardino counties followed.
Los Angeles County, San Francisco County, Sonoma County and Alameda County were also among the biggest recipients, the nonprofit said.
LAist reported that it was the charity’s first statewide medical-debt erasure in California. LAist said the group had previously done local-level relief in the state.
Undue Medical Debt said it has abolished more than $40 billion in medical debt nationwide.
Spiegel’s history of big gifts
It was not the couple’s first splashy gesture. Spiegel and Kerr previously paid off student loans for the graduating class at Otis College of Art and Design.
Spiegel grew up in Pacific Palisades and lost his childhood home in the January 2025 Los Angeles County wildfires. He later helped form the Department of Angels, a group aimed at supporting wildfire recovery in the Los Angeles area.
What happened next
Undue Medical Debt said recipients would begin receiving letters about their relief in mid-July 2026.
