Bumble Co-Founder Becomes World’s Youngest Self-Made Female Billionaire

 

The CEO and founder of Bumble, Whitney Wolfe Herd, has officially been crowned the world’s youngest self-made female billionaire at 31 years old!

 

 

Whitney co-founded the women-empowering dating app back in 2014, and saw the worth in her 11.6% share in Bumble shoot up when shares rocketed from $43 to $76 when it was launched on the Nasdaq exchange – making her worth a whopping $1.6 billion.

 

 

She is also the youngest female CEO to ever make a company public in the US, with Bumble following in the footsteps of Match.com’s Match Group.

 

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Whitney created the app after she sued her previous employer, dating app Tinder, for sexual harassment. Tinder denied her allegations and matters were settled outside of court.

 

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Now, 5 million users use Bumble monthly and distinguishes itself by putting women in control – only female users can make contact first with matched male users, whilst same-sex matches can have either one making the first move.

 

 

Speaking about why she created the app, Whitney shared, ‘I have experienced first-hand how unequal relationships negatively impact all areas of life. I wanted to change this.’

 

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Bumble even introduced a new feature to help people navigate and communicate however they feel comfortable to date, especially with the ongoing pandemic, ‘virtual only, socially-distanced, or socially-distanced with masks.’

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