Bobby Murphy
{{Short description|Filipino-American Internet entrepreneur and software engineer}}
{{for-text|the soccer coach|Bobby Murphy (soccer)|other people with similar names|Robert Murphy}}
{{Use American English|date=January 2024}}
{{Use mdy dates|date=January 2024}}
{{Infobox person
| name = Bobby Murphy
| image = Robert (Bobby) Murphy.jpg
| caption = Murphy in January 2013
| birth_date = {{birth date and age|1988|7|19}}
| birth_place = Berkeley, California, U.S.
| death_date =
| death_place =
| known_for = Co-founder of Snap Inc. (since 2016)
Co-founder of Snapchat (since 2011)
| alma mater = Stanford University, (BS)
| spouse = Kelsey Bateman
}}
Robert Cornelius Murphy (born July 19, 1988) is an American Internet entrepreneur and software engineer. He is the co-founder and the CTO of the American multinational technology company Snap Inc., which he created (as Snapchat Inc.) with Evan Spiegel and Reggie Brown while they were students at Stanford University.
He was named as one of the 100 most influential people in 2014 by Time. In 2015, Murphy was first listed and became the second-youngest billionaire in the world by Forbes.
Early life
Murphy was born on July 19, 1988,{{Citation|author=Evan Spiegel|date=2012-07-19|title=Happy Birthday Bobby!|url=http://blog.snapchat.com/post/27589909309/happy-birthday-bobby|access-date=2016-08-13|archive-url=https://web.archive.org/web/20160114100333/http://blog.snapchat.com/post/27589909309/happy-birthday-bobby|archive-date=2016-01-14|url-status=dead|author-link=Evan Spiegel}} in Berkeley, California.{{Citation|title=Bobby Murphy and Evan Spiegel|publisher=CNBC|url=https://www.cnbc.com/2014/10/06/bobby-murphy-and-evan-spiegel.html|date=October 6, 2014|accessdate=February 18, 2017|archive-date=October 11, 2019|archive-url=https://web.archive.org/web/20191011210828/https://www.cnbc.com/2014/10/06/bobby-murphy-and-evan-spiegel.html|url-status=live}} His father is an Irish-American and his mother is a first-generation Filipino-American.{{cite news|title=How this Fil-Am became 2nd youngest billionaire in the world|url=http://www.abs-cbnnews.com/business/03/05/15/how-fil-am-became-2nd-youngest-billionaire-world|newspaper=ABS-CBN News|location=Philippines|date=March 5, 2015|accessdate=March 6, 2015|archive-date=March 6, 2015|archive-url=https://web.archive.org/web/20150306201629/http://www.abs-cbnnews.com/business/03/05/15/how-fil-am-became-2nd-youngest-billionaire-world|url-status=live}}
Murphy grew up in Berkeley, California 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, also a private Catholic high school in Berkeley.{{Citation |title=Saint Mary's in the Community 2 |url=http://saintmaryschs.org/neighborhood/saint-marys-in-the-community-2 |access-date=2017-02-19 |archive-date=2017-02-20 |archive-url=https://web.archive.org/web/20170220013416/http://www.saintmaryschs.org/neighborhood/saint-marys-in-the-community-2/ |url-status=live }}
Education
Murphy graduated in 2010 from Stanford University in Stanford, California, where he received a Bachelor of Science degree in mathematical and computational science.{{cite web|url=https://www.forbes.com/profile/bobby-murphy|title=Bobby Murphy profile|work=Forbes|access-date=2021-02-16|archive-date=2019-04-24|archive-url=https://web.archive.org/web/20190424010652/https://www.forbes.com/profile/bobby-murphy/|url-status=live}} He was also a member of Kappa Sigma fraternity along with Evan Spiegel and Reggie Brown.{{Cite web|url=https://www.businessinsider.com/the-life-and-career-of-snapchat-cofounder-bobby-murphy-2017-3|title=Here's what we know about Bobby Murphy, Snapchat's mysterious billionaire cofounder|last=Heath|first=Alex|website=Business Insider|access-date=2019-02-22|archive-date=2019-02-22|archive-url=https://web.archive.org/web/20190222204825/https://www.businessinsider.com/the-life-and-career-of-snapchat-cofounder-bobby-murphy-2017-3|url-status=live}}{{Cite web|url=https://techcrunch.com/2013/03/07/snapchat-lawsui/|title=The Snapchat Lawsuit, Or How To Lose Your Best Friend Over $70 Million|website=TechCrunch|date=7 March 2013|language=en-US|access-date=2019-02-22}}
==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.{{cite web|url=http://www.businessinsider.com/snapchat-top-executives-2016-9/#bobby-murphy-co-founded-the-company-and-is-now-cto-1|title=Meet the secret power players who run Snapchat|date=2016-09-28|website=Business Insider|accessdate=2016-12-07|archive-date=2016-11-22|archive-url=https://web.archive.org/web/20161122155646/http://www.businessinsider.com/snapchat-top-executives-2016-9/#bobby-murphy-co-founded-the-company-and-is-now-cto-1|url-status=live}} In 2011, Murphy co-founded a disappearing-image messaging app called Picaboo. The name was later changed to Snapchat.{{Cite web|url=http://fortune.com/2017/02/04/snapchat-abridged-history/|title=Snapchat: An Abridged History|website=Fortune|language=en|access-date=2019-03-05|archive-date=2018-08-25|archive-url=https://web.archive.org/web/20180825073817/http://fortune.com/2017/02/04/snapchat-abridged-history/|url-status=live}}{{Cite web|url=https://www.businessinsider.com/snap-inc-snapchat-top-executives-2017-1|title=Meet the power players who help Evan Spiegel run Snap Inc.|last=Heath|first=Biz Carson, Alex|website=Business Insider|access-date=2019-03-05|archive-date=2019-01-31|archive-url=https://web.archive.org/web/20190131145200/https://www.businessinsider.com/snap-inc-snapchat-top-executives-2017-1|url-status=live}} 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.{{Cite news|url=http://www.latimes.com/business/technology/la-fi-tn-snapchat-bobby-murphy-20170227-story.html|title=Bobby Murphy cleaned up after frat parties; now he stands to clean up in Snapchat IPO|last=Dave|first=Paresh|date=2017-03-01|work=Los Angeles Times|access-date=2017-11-03|language=en-US|issn=0458-3035|archive-date=2017-11-07|archive-url=https://web.archive.org/web/20171107015852/http://www.latimes.com/business/technology/la-fi-tn-snapchat-bobby-murphy-20170227-story.html|url-status=live}}{{Cite web|url=https://www.businessinsider.com/the-life-and-career-of-snapchat-cofounder-bobby-murphy-2017-3|title=Here's what we know about Bobby Murphy, Snapchat's mysterious billionaire cofounder|last=Heath|first=Alex|website=Business Insider|access-date=2019-03-07|archive-date=2019-02-22|archive-url=https://web.archive.org/web/20190222204825/https://www.businessinsider.com/the-life-and-career-of-snapchat-cofounder-bobby-murphy-2017-3|url-status=live}}
At Snapchat, Murphy has led the engineering and research teams. Murphy has also worked with Snapchat's Snap Labs team, which produced Spectacles camera glasses in 2018.{{Cite web|url=https://www.inc.com/business-insider/snap-top-executives-snapchat-leadership.html|title=Snap's Evan Spiegel Doesn't Do Everything Himself. These Are His Top Executives|last=Heath|first=Alex|date=2017-08-22|website=Inc.com|access-date=2019-03-07}}{{Cite magazine|url=https://www.wired.com/story/snapchat-spectacles-2018/|title=Snapchat Debuts New Spectacles. We Try Them on for Size|last=Goode|first=Lauren|date=2018-04-26|magazine=Wired|access-date=2019-03-07|issn=1059-1028|archive-date=2018-07-04|archive-url=https://web.archive.org/web/20180704193911/https://www.wired.com/story/snapchat-spectacles-2018/|url-status=live}} 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.{{Citation
|last = Farrell
|first = Maureen
|date = January 20, 2017
|title = Snapchat Parent Plans to Pay Banks 2.5% of IPO Proceeds
|publisher = The Wall Street Journal
|location = New York
|url = https://www.wsj.com/articles/snapchat-parent-plans-to-pay-banks-2-5-of-ipo-proceeds-1484950998
|accessdate = January 22, 2017
|archive-date = January 21, 2017
|archive-url = https://web.archive.org/web/20170121235328/http://www.wsj.com/articles/snapchat-parent-plans-to-pay-banks-2-5-of-ipo-proceeds-1484950998
|url-status = live
}}
In February 2017, Murphy and Spiegel 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.{{cite web|url=https://www.engadget.com/2017/02/02/snap-inc-snap-foundation-ipo/|title=Snap Inc, Quietley created A Foundation to support arts and education|first=Chris|last=Velazco|website=engadget|location=Rochester, New York|date=February 2, 2017|accessdate=March 3, 2017|archive-date=March 3, 2017|archive-url=https://web.archive.org/web/20170303201549/https://www.engadget.com/2017/02/02/snap-inc-snap-foundation-ipo/|url-status=live}}{{Cite web|url=https://www.cnbc.com/2017/02/02/snap-foundation-s-1-snap-shares-to-non-profits.html|title=Snap co-founders create Snap Foundation to support non-profits|first=Harriet|last=Taylor|website=CNBC|date=February 2, 2017|access-date=March 3, 2017|archive-date=February 25, 2017|archive-url=https://web.archive.org/web/20170225051714/http://www.cnbc.com/2017/02/02/snap-foundation-s-1-snap-shares-to-non-profits.html|url-status=live}}
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.{{Cite web|url=https://www.forbes.com/sites/forbespr/2015/03/02/forbes-29th-annual-worlds-billionaires-issue/|title=Forbes' 29th Annual World's Billionaires Issue|last=Communications|first=Forbes Corporate|website=Forbes|language=en|access-date=2019-03-07|archive-date=2015-09-11|archive-url=https://web.archive.org/web/20150911113739/http://www.forbes.com/sites/forbespr/2015/03/02/forbes-29th-annual-worlds-billionaires-issue/|url-status=live}} In 2015, Murphy ranked as the #15 U.S. Richest Entrepreneurs Under 40. As of 2016, he was ranked #374 on the Forbes 400. In 2018, Murphy purchased the former Pacific Palisades estate of "Green Acres" actor Eddie Albert for the asking price of $19.5 million.{{Cite web|url=https://www.latimes.com/business/realestate/hot-property/la-fi-hotprop-bobby-murphy-eddie-albert-20180316-story.html|title=Snap founder Bobby Murphy spends some green on Eddie Albert's former home|last=Leitereg|first=Neal J.|website=Los Angeles Times|date=16 March 2018 |access-date=2019-03-07|archive-date=2019-03-08|archive-url=https://web.archive.org/web/20190308081029/https://www.latimes.com/business/realestate/hot-property/la-fi-hotprop-bobby-murphy-eddie-albert-20180316-story.html|url-status=live}} In 2021, he purchased a property on the Manhattan Beach Strand for $14.5 million.{{Cite web|title=Snapchat Billionaire Bobby Murphy Drops $14.5 Million on the Manhattan Beach Strand|url=https://finance.yahoo.com/news/snapchat-billionaire-bobby-murphy-drops-012820960.html|access-date=2021-09-06|website=finance.yahoo.com|date=27 May 2021 |language=en-US}}
References
{{Reflist}}
{{Snap Inc.}}
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Category:American technology company founders
Category:American billionaires
Category:American people of Filipino descent
Category:Businesspeople from Los Angeles
Category:People from Berkeley, California
Category:People from Venice, Los Angeles
Category:Stanford University alumni