October 2020: Snap Chat founders got richer by billions in just few hours

Snapchat Co-Founders Share $2.7 Billion Windfall

(Bloomberg) — Snap Inc.’s co-founders got richer by billions of dollars in just a few hours, after the company reported better-than-expected results as the coronavirus pandemic boosted usage of its app. Shares soared as much as 25% to $35.57 in late New York trading after the owner of the […]

People are getting richer in the tech world during the pandemic everything from work, shopping, schooling and entertainment shifts to online — an example of this are the founders of Snap Chat – Evan Spiegel and Bobby Murphy.

Read full story at finance.yahoo.com (photo credit)

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