Snapchat's CEO is Throwing A $4 Million NYE Party with DJs, Drake & more

Snapchat is partying in style to ring in 2018! Word on the street is Snapchat CEO Evan Spiegel has splurged $4 million dollars on the company’s New Year’s Eve party!

According to TMZ, it cost millions to rent out L.A. live and shut down multiple venues Microst Theater, Lucky Strike, Conga Room and Wolfgang Puck Bar & Grill. The spending doesn’t end there — Spiegel is also flying in various Snapchat employees from all around the world, according to reports.