Bobby Murphy (businessman)
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Robert Cornelius Murphy (born July 19, 1988) is a Filipino-American
Internet entrepreneur An Internet entrepreneur is an owner, founder or manager of an Internet-based business. This list includes Internet company founders and people brought on to companies for their general business or accounting acumen, as is the case with some Chie ...
and
software engineer Software engineering is a systematic engineering approach to software development. A software engineer is a person who applies the principles of software engineering to design, develop, maintain, test, and evaluate computer software. The term ''p ...
. He is the co-founder and the CTO of the American multinational
technology Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, ...
and
social media Social media are interactive media technologies that facilitate the creation and sharing of information, ideas, interests, and other forms of expression through virtual communities and networks. While challenges to the definition of ''social medi ...
company
Snap Inc. Snap Inc. is an American camera and social media company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown based in Santa Monica, California. The company developed and maintains technological products and services ...
, which he created (as Snapchat Inc.) with
Evan Spiegel Evan Thomas Spiegel (born June 4, 1990) is an American businessman, co-founder and CEO of Snap Inc. Spiegel was the youngest billionaire in the world in 2015. Early life and education Spiegel was born in Los Angeles, California, to lawyers Jo ...
and
Reggie Brown Reggie Brown may refer to: *Reggie Brown (American football coach) (1876–1961), American college football coach at Boston University from 1926–1929 *Reginald J. Brown (1940–2005), U.S. Assistant Secretary of the Army (Manpower and Reserve Affa ...
while they were students at Stanford University. He was named as one of "100 Most Influential People in 2014" by
Time Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future. It is a component quantity of various measurements used to sequence events, to ...
. In 2015, Murphy was first listed and became the second-youngest billionaire in the world by
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
.


Early life

Murphy was born on July 19, 1988, in
Berkeley, California Berkeley ( ) is a city on the eastern shore of San Francisco Bay in northern Alameda County, California, United States. It is named after the 18th-century Irish bishop and philosopher George Berkeley. It borders the cities of Oakland and Emer ...
. His mother grew up in the
Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
, and emigrated to the United States. Murphy grew up in
Berkeley, California Berkeley ( ) is a city on the eastern shore of San Francisco Bay in northern Alameda County, California, United States. It is named after the 18th-century Irish bishop and philosopher George Berkeley. It borders the cities of Oakland and Emer ...
and was educated at the School of the Madeleine, a private Roman Catholic grade school there. He received his secondary education at
Saint Mary's College High School Saint Mary's College High School is a coeducational Catholic school located in Berkeley, California, United States. It came into being as part of Saint Mary's College of California, founded in 1863 by the Catholic Church, and put under the auspi ...
, also a private Catholic high school in Berkeley.


Education

Murphy graduated in 2010 from
Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
in
Stanford, California Stanford is a census-designated place (CDP) in the northwest corner of Santa Clara County, California, United States. It is the home of Stanford University. The population was 21,150 at the United States Census, 2020, 2020 census. Stanford is ...
, where he received a Bachelor of Science degree in mathematical and computational Science. He was also a member of the
Kappa Sigma Kappa Sigma (), commonly known as Kappa Sig, is an American collegiate social fraternity founded at the University of Virginia in 1869. Kappa Sigma is one of the five largest international fraternities with currently 318 active chapters and colo ...
fraternity along with
Evan Spiegel Evan Thomas Spiegel (born June 4, 1990) is an American businessman, co-founder and CEO of Snap Inc. Spiegel was the youngest billionaire in the world in 2015. Early life and education Spiegel was born in Los Angeles, California, to lawyers Jo ...
and
Reggie Brown Reggie Brown may refer to: *Reggie Brown (American football coach) (1876–1961), American college football coach at Boston University from 1926–1929 *Reginald J. Brown (1940–2005), U.S. Assistant Secretary of the Army (Manpower and Reserve Affa ...
.

Career

Murphy was recruited by Spiegel after they finished working on a failed startup called Future Freshman, a website that helped high school kids get advice when applying to colleges. In 2011, Murphy co-founded a disappearing-image messaging app called Picaboo. The name was later changed to Snapchat. After graduating from Stanford, Murphy spent a year working as a software engineer at Revel Systems (an iPad point of sale system for restaurants). Until Snapchat could secure venture capital funding, he used half of his paycheck to cover the cost of Snapchat's server bills. At Snapchat, Murphy has led the engineering and research teams. Murphy has also worked with Snapchat's Snap Labs team, which produced
Spectacles Glasses, also known as eyeglasses or spectacles, are vision eyewear, with lenses (clear or tinted) mounted in a frame that holds them in front of a person's eyes, typically utilizing a bridge over the nose and hinged arms (known as temples o ...
camera glasses in 2018. At the time of Snapchat's IPO in 2017, Murphy and Spiegel held over 45% of the company's total stock. They also held over 70% of the voting power. In February 2017, Murphy and
Spiegel Spiegel is German, Yiddish, and Dutch for "mirror". More specifically, it may refer to: Publications * '' Der Spiegel'', a weekly German magazine * Der Spiegel (online), the online sibling of ''Der Spiegel'' Political * Spiegel scandal, a 1962 ...
pledged to donate up to 13,000,000 shares of Class A common stock to their newly created Snap Foundation, which will support the arts, education and youth non-profits, over the course of 15–20 years.


Personal life

Murphy is a native of California. In 2015, he was recorded as the 1,250th-richest person in the world, by Forbes Magazine. In 2015, Murphy ranked as the #15 U.S. Richest Entrepreneurs Under 40. As of 2016, he was ranked #374 on the
Forbes 400 The ''Forbes'' 400 or 400 Richest Americans is a list published by ''Forbes'' magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is publ ...
. In 2018, Murphy purchased the former Pacific Palisades estate of "Green Acres" actor
Eddie Albert Edward Albert Heimberger (April 22, 1906 – May 26, 2005) was an American actor and activist. He was twice nominated for the Academy Award for Best Supporting Actor; the first nomination came in 1954 for his performance in ''Roman Holiday'', ...
for the asking price of $19.5 million. In 2021, he purchased a property on the Manhattan Beach Strand for $14.5 million.


References

{{DEFAULTSORT:Murphy, Bobby 1988 births Living people American technology company founders American billionaires American people of Filipino descent Businesspeople from Los Angeles People from Berkeley, California People from Venice, Los Angeles Stanford University alumni 21st-century American businesspeople