Euler's identity follows from Euler's formula: eix = cos(x) + i·sin(x). Setting x = π gives eiπ = cos(π) + i·sin(π) = −1, so eiπ + 1 = 0.
eiθ traces the unit circle. Rotating by π lands at −1. Add 1, get 0.
It connects arithmetic (0 and 1), algebra (i), geometry (π), and analysis (e) four different branches of mathematics: in a single equation of stunning simplicity. Richard Feynman called it "the most remarkable formula in mathematics."
Leonhard Euler (1707-1783) published the formula eix = cos(x) + i·sin(x) in his Introductio in analysin infinitorum (1748). The identity is the special case at x = π. Euler introduced or popularised the notation e, i, f(x), Σ, and π.