Bobby Murphy net worth is estimated to be around $2.2 billion as of 2024. Bobby Murphy is a Filipino-American tech entrepreneur and software engineer born on July 19, 1988. He co-founded Snap Inc. originally known as Snapchat Inc. with Evan Spiegel and Reggie Brown while they were studying at Stanford University.
In 2014, Time magazine recognized him as one of the 100 most influential people. By 2015, Forbes listed him as the second-youngest billionaire in the world.
Bobby Murphy in Brief
| Full Name | Bobby Murphy |
| Date of Birth | July 19, 1988 |
| Place of Birth | Berkeley, California, USA |
| Occupation | Co-Founder of Snap Inc. |
| Height | 6 feet (183 cm) |
| Spouse | Kelsey Bateman |
| Net Worth | $2.2 billion |
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What is Bobby Murphy Net Worth in 2024?
Bobby Murphy is a Filipino-American tech entrepreneur and software engineer with a net worth of $2.2 billion as of 2024, according to Celebrity Net Worth. Bobby is best known for co-founding Snapchat with Evan Spiegel. He owns 14% of the company.
At one point, when Snap’s stock was high, Bobby was worth $10 billion. But between September 2021 and July 2022, his net worth dropped from $10 billion to $1.5 billion because Snap’s stock price fell from $83 to $10.
Bobby Murphy’s Early Life and Education
Bobby Murphy was born on July 19, 1988, in Berkeley California. His mother was from the Philippines and moved to the U.S.
He grew up in Berkeley and went to the School of the Madeleine a private Catholic grade school. For high school, he attended Saint Mary’s College High School another private Catholic school in the area.
Bobby Murphy’s Career
Bobby Murphy joined Evan Spiegel after their previous venture Future Freshman didn’t succeed. This startup aimed to help high school students with college applications but failed to make an impact. In 2011, Murphy co-founded an app called Picaboo which was later renamed Snapchat.
After graduating from Stanford, Murphy worked as a software engineer at Revel Systems where he used part of his salary to pay for Snapchat’s server costs until they secured funding.
At Snapchat, Murphy has been a key player leading the engineering and research teams. He also contributed to the development of Spectacles Snapchat’s camera glasses through the Snap Labs team.
By the time of Snapchat’s IPO in 2017, Murphy and Spiegel owned more than 45% of the company’s stock and controlled over 70% of the voting rights.
In February 2017, Murphy and Spiegel committed to donating up to 13 million shares of Class A common stock to their Snap Foundation. This foundation will support arts education and youth non-profits over the next 15-20 years.
Bobby Murphy’s Forbes Fortune
Bobby Murphy a California native was listed as the 1250th richest person in the world by Forbes in 2015. That same year he was also ranked as the 15th richest entrepreneur in the U.S. under 40. By 2016 Murphy’s fortune placed him at number 374 on the Forbes 400 list.
In 2018 he bought Eddie Albert’s former estate in Pacific Palisades for $19.5 million. Later in 2021, Murphy acquired a property on the Manhattan Beach Strand for $14.5 million.
