info@ceoworld.biz
Friday, March 29, 2024
CEOWORLD magazine - Latest - Tech and Innovation - Bumble CEO Whitney Wolfe Herd Becomes The Youngest Self-Made Woman Billionaire In The World

Tech and Innovation

Bumble CEO Whitney Wolfe Herd Becomes The Youngest Self-Made Woman Billionaire In The World

After shares of Bumble Inc (NASDAQ: BMBL) soared during its initial public offering, its founder and chief executive officer Whitney Wolfe Herd became the youngest self-made woman billionaire in the world. The 31-year-old’s net worth notched $1.5 billion.

Whitney Wolfe Herd’s nearly 12% stake in the company was worth $1.6 billion. She owns 21.54 million shares of the company, which has a market capitalization north of $8 billion.

In addition to being the youngest self-made female billionaire in the world, she is also the youngest female CEO ever to take a company public in the United States. In 2012, Whitney Wolfe Herd started working for the Match Group Inc. (NASDAQ: MTCH) dating app Tinder. She says she came up with the name “Tinder.” Wolfe Herd founded Bumble in 2014 shortly after she sued Tinder, her previous employer, for sexual harassment.

Wolfe Herd created Bumble as a service “by women, for women”, touting it as a place where women were empowered and harassment was rigorously policed. On Bumble, only women can make the outreach first, a differentiating factor from Tinder and other online dating apps.


Have you read?
World’s Most Powerful Countries.
World’s Best Countries For International Students.
World’s Most Influential Countries.


Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.


Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
CEOWORLD magazine - Latest - Tech and Innovation - Bumble CEO Whitney Wolfe Herd Becomes The Youngest Self-Made Woman Billionaire In The World
Ryan Miller
Ryan Miller is CEOWORLD magazine's executive editor of news, writing analysis, and long-form reporting. In his role, he coordinates and tracks the publication of special packages, magazine stories, and the publication’s signature lists. He's a somewhat long-suffering supporter of Manchester United F.C. and a genuinely long-suffering fan of the Los Angeles Clippers.