Bobby Murphy

The 10 richest people in the world are worth $100 billion or more. Many on the list are over the age of 50 and have years of experience founding and leading companies, including Elon Musk who tops the list with a wealth of more than $200 billion. Here’s a look at the youngest members of...

Snapchat parent Snap Inc (NYSE: SNAP) co-founders Bobby Murphy and Evan Spiegel have agreed to serve in their respective executive roles for a compensation of $1 per year. What Happened: Murphy and Spiegel entered into “new long-term employment agreements” with Snap to serve as chief...

The annual Forbes 400 list highlights the people in the United States who have a net worth of $2.9 billion or more. The 40th annual list showed a range of ages 29 to 95 in 2021. Here is a look at the oldest and youngest people on the list and what makes their fortunes. The Forbes 400 List: The...

According to Forbes’ annual ranking of the wealthiest Americans, there is a new No. 1 for the first time since 1994. This year, Amazon.com, Inc. (NASDAQ: AMZN) founder and CEO Jeff Bezos surpassed Bill Gates’ 24-year run as the richest person in the United States. Gates’ No....

Analysts at Cantor Fitzgerald turned bullish on Snap Inc (NYSE: SNAP) to reflect a "significant shift" in the stock's risk to reward profile after the lockup expiration and the company's second-quarter earnings report. The firm's Kip Paulson upgraded Snap's stock rating from Neutral to Overweight...

By Doug Sears. Helming Thursday’s Snap Inc. (NYSE: SNAP) IPO is co-founder and CEO Evan Spiegel, who developed the business while still a student at Stanford University. Spiegel, who has a net worth of $4 billion, looks to add close to $400 million to his personal fortune in the IPO, which...

The impending IPO of Snap Inc., the parent of social media platform Snapchat, is shrouded in mystery, typical of the way business is run at the company. To maintain control of the company, its founders Evan Spiegel and Bobby Murphy are expected to reportedly hold about 70 percent of the voting...