02.16.17

Here’s how rich the founders of Snapchat will soon be

Per calculations from Recode, Snap Inc. CEO Evan Spiegel will be worth about $4.22 billion after the company’s initial public offering of stock next month. Bobby Murphy, Snap’s CTO and cofounder, will be worth $3.63 billion. Snap Inc. will reportedly start trading on the New York Stock Exchange on March 2. Read Recode’s full report here.CZ

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