Meet Bumble CEO Whitney Wolfe Herd, world’s youngest woman billionaire

Team Udayavani, Feb 12, 2021, 6:03 PM IST

Bumble CEO and co-founder Whitney Wolfe Herd became the youngest woman billionaire Thursday after the second-biggest online dating company went public in the US.

As reported by DNA, Shares of the company soared 67% in its trading debut to $72 (approximately Rs 5,243) at 1.03 pm in New York, valuing 31-year-old Herd at $1.5 billion (approximately Rs 1.09 lakh crore).

Wolfe Herd started the female-first dating app in 2014 after she quit her role as an executive in Tinder. It is said she left the company in 2012 after filing a sexual harassment suit against the company.

She  co-founded Bumble with Russian billionaire Andrey Andreev and the motive  behind creating this platform was to help women make the ‘first move’.  It is said that even after a male member matches with a female member-the man cannot send the message first

Bumble is the parent company of Badoo and Bumble, two of the world’s highest-grossing dating apps with millions of users worldwide. Bumble currently employs over 600 people in offices in Austin in the US, Barcelona, London and Moscow.