Tech

Youngest Female Billionaire: Whitney Wolfe

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Bumble founder and CEO Whitney Wolfe Herd became the world’s youngest female billionaire after the company went public last week. Herd’s current fortune is estimated to exceed $ 1.6 billion.

Tinder-like dating app Bumble Inc., recently went public and the company’s shares had increased by 64% on the first trading day. Public offering of the company, 31-year-old CEO and founder Whitney Wolfe Herd’i also made the world’s youngest self-made woman who became a billionaire.

Herd, 31, net worth after Bumble’s shares reached $ 70.31 on the first day, according to Forbes. For 1.5 billion dollars reached. According to Forbes’ report, Wolfe Herd, corresponding to 11.6% of the company 21.54 million shares owner. Herd, youngest woman to become a self-made billionaire in addition to being the youngest female CEO to publicly offer a company in the US.

Whitney Wolfe Herd’s fortune exceeded $ 1.6 billion:

Whitney Wolfde Herd

Bumble shares, which rose as high as $ 84.80 on Friday’s last trading day, closed the day at $ 75.46. With this closing personal wealth of Whitney Wolfe Herd 1.625 billion dollars market value of Bumble, which was launched as a dating app, while reaching the level of 8.26 billion went up to dollars.

Becoming one of America’s fastest growing dating apps Bumbleis currently one of the three most followed stock market indices in America. Nasdaq is traded on the stock exchange.

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Same time Of Tinder founder from partners Whitney Wolfe Herd, one of them, sued the company for sexual discrimination and harassment after parting with Tinder. The 31-year-old female entrepreneur founded Bumble in 2014, shortly after leaving Tinder.

Source :
https://www.forbes.com/sites/angelauyeung/2021/02/11/bumble-founder-whitney-wolfe-herds-fortune-rockets-past-1-billion-as-dating-app-goes-public/?sh=54db68a4578d

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