American entrepreneur Whitney Wolfe Herd was born on July 5, 1989. She is the founder, executive chair, and former CEO of publicly traded Bumble, Inc, an online dating site, launched in 2014. She is a co-founder of Tinder and was previously its Vice President of Marketing.
Whitney Wolfe Herd Net Worth
Business mogul Whitney Wolfe Herd of the United States has a $600 million fortune. Whitney Wolfe Herd became wealthy after creating the Bumble dating app. She previously co-founded the Tinder dating app. After leaving Tinder in 2014 due to sexual harassment, Whitney ultimately filed a lawsuit against her former coworkers.
A reported $1 million in cash and equity in the company was given to her. Immediately after Bumble’s initial public offering, Whitney became a billionaire. Herd announced her departure from the organization on November 6th, 2023.
Whitney Wolfe Herd Bumble Ownership
Whitney Wolfe Herd has 21% of Bumble’s total equity as of this writing. On February 11, 2021, when Bumble went public, Whitney’s wealth surpassed $1.5 billion for the first time. When Whitney took her firm public, she did so at the age of 31, making her the youngest CEO to ever do so. She made $100 million from the private sale of shares before the IPO.
Bumble’s share price dropped by over 80% in the two years after the business went public. Because of this, Whitney stopped being a billionaire in November 2021. Two years after the initial public offering, in February 2023, her share was worth about $700 million.
Whitney Wolfe Herd Early Life and Education
Whitney Wolfe Herd was born to Kelly and Michael on July 5, 1989, in Salt Lake City, Utah. She received her high school education from Judge Memorial Catholic. The next stop in Wolfe Herd’s academic journey was international studies at Southern Methodist University in Dallas, Texas.
Whitney Wolfe Herd Career Beginnings
Wolfe Herd, while still a student, started a company to sell bamboo tote bags with the intention of helping communities affected by the 2010 BP oil spill.
She worked with celebrity stylist Patrick Aufdenkamp to create the handbags, which became a sensation after being spotted in the hands of A-listers like Nicole Richie and Rachel Zoe. Soon after, Wolfe Herd and Aufdenkamp collaborated once more to launch a clothing line that promoted discussions about fair trade and the plight of victims of human trafficking. Wolfe Herd volunteered at orphans in Southeast Asia after finishing university.
Chappy
Chappy, a homosexual dating app founded by Ollie Locke, Jack Rogers, and Max Cheremkin in the United Kingdom, received funding from Wolfe Herd, among her other endeavors. The Bumble-like app’s stated goal is to make online dating less intimidating and more accessible to homosexual guys.
Chappy has a slider that lets you look for “Mr. Right” or “Right Now,” and it checks each user’s Facebook profile to remove any fake profiles or photographs that don’t actually show the user’s face.
Whitney Wolfe Herd Private Matters
Wolfe Herd married oil and gas heir Michael Herd in 2017. They had met in Aspen, Colorado, in the winter of 2013. In December of 2019, they had their first child, a son.
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