Robert Murphy, known as Bobby, was a student at Stanford University with Evan Spiegel and Reggie Brown. While the three were students, they first tried to start a company called Future Freshman, which was a website that was dedicated to helping high school students get advice and getting into to different colleges. This business eventually failed, but Murphy was working on a side project called Picaboo, which was a photo disappearing app. Murphy eventually brought on Spiegel and Brown when he switched the company’s name from Picaboo to Snapchat in 2011. Murphy then graduated from Stanford, and began to work at Revel Systems. Before he would quit Revel Systems and work for Snap Inc. full time, Murphy spent half of his paycheck to pay for Snapchat’s servers. He continues to work for Snapchat, by including the proper coding for its new features such as the new Snapchat Spectacles. In March of this year Snapchat reached a market cap of 34 billion dollars, but more recently in August its market cap was 13 billion dollars.

Murphy has been awarded numerous accolades for creating the world renowned app, Snapchat. In 2014, he was named to Time Magazine’s 100 Most Influential People. In 2015, Murphy became the second youngest billionaire in the world. In the same year he was ranked as the 1250th richest person in the world, and was ranked as the 15th richest 40 or under Entrepreneur in the United States. Murphy was ranked 374th on the Forbes 400 twice, once in 2014 and once in 2015. His current net worth is 3.7 billion dollars.