The Second Youngest Billionaire in the World is a Filipino-American

By Ryan General

At 28 years old, a Filipino-American is currently the second youngest billionaire in the world, according to Forbes. Bobby Murphy, Snap Inc.’s low-profile CTO, is second only to his 26-year-old Snapchat co-founder Evan Spiegel.

Murphy is also #11 in Forbes’ America’s Richest Entrepreneurs Under 40. Among the world’s richest, Forbes real-time ranking (as of press time) places Murphy at #444, a huge jump from last year’s #1011.

Currently estimated to be worth $4 billion, Murphy, along with his partner Spiegel, is expected to earn billions more with Snap Inc.’s upcoming IPO as the co-founders own the majority of shares in the company. Although there is no word yet on the value of the IPO, Snap Inc.’s current private market valuation is around $20 billion.

(Source: NextShark.com)