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Snapchat co-founders get $2.7 billion richer in just 2 hours
short by Krishna Veera Vanamali / on Wednesday, 21 October, 2020
Snapchat Co-Founders Evan Spiegel and Bobby Murphy got richer by $2.7 billion in just 2 hours on Tuesday after the app's parent Snap reported better-than-expected results. Snap rose up to 25% in extended trading. This lifted the fortunes of Spiegel and Murphy by $1.3 billion and $1.4 billion, respectively, taking them to $6.9 billion and $7.2 billion, according to Bloomberg.
read more at Bloomberg Quint