Here's who is going to get rich from the Snap IPO

Snap's hotly-anticipated IPO is going to make a lot of money for its founders, investors and early employees.The value of the IPO has yet to be determined, but Snap's private market valuation is around $20 billion.Snap's cofounders Evan Spiegel and Bobby Murphy own the most shares.Benchmark could also see some nice returns, as one of the company's top shareholders.Here's the list of major shareholders (owning more than $1 million shares in Snap that stand to make big buckswhen it goes public.SEE ALSO:The fabulous life of Snap CEO Evan Spiegel, the world's youngest self-made billionaireEvan Spiegel, Snap cofounder and CEO% of total voting power: 44.3%Class A shares: 113,164,485Class A % owned: 21.8%Class Bshares:5,862,410Class B% owned: 2%Class Cshares: 107,943,924Class C% owned: 50%Evan Spiegel launched Snapchat with Bobby Murphy in September 2011. Described as a product visionary to rival Steve Jobs, Spiegel holds the title of CEO at the company and has set up its share structure so he and Murphy will retain control in the future too.Bobby Murphy, Snap cofounder and CTO% of total voting power: 44.3%Class A shares: 113,164,485Class A % owned: 21.8%Class Bshares:5,862,410Class B% owned: 2%Class Cshares: 107,943,924Class C% owned: 50%Murphy and Spiegel were frat brothers at Stanford when they cofounded the app and have grown it to a company much larger than just disappearing messages. While Spiegel is described as a product genius, it is Murphy who is leading a lot of Snap's cutting edge work in its Snap Labs division.Benchmark% of total voting power: 2.7%Class A shares:65,799,720Class A % owned: 12.7%Class Bshares:65,799,720Class B% owned: 22.8%Benchmark is the largest venture shareholder in Snapchat, thanks to the round it lead in 2013. "We believe that Snapchat can become one of the most important mobile companies in the world," Benchmark's Mitch Lasky wrote in a blog post at the time of the deal.See the rest of the story at Business Insider
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