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The Economic Times
The Economic Times

Snap co-founder Evan Spiegel and Miranda Kerr donate millions to erase $550 million in medical debt for 261,000 Californians, following Jeff Bezos' ex-wife MacKenzie Scott’s model

Snap co-founder Evan Spiegel and his wife, supermodel Miranda Kerr, are making a major impact in California after donating millions to help erase $550 million in medical debt for more than 261,000 residents.

The donation was made through Undue Medical Debt, a nonprofit that buys medical debt portfolios at steep discounts and then permanently cancels the debt instead of collecting it.

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