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Home » AI » Whitney Wolfe Herd Net Worth: Founder & CEO of Bumble; Co-founder of Tinder

Whitney Wolfe Herd Net Worth: Founder & CEO of Bumble; Co-founder of Tinder

Whitney Wolfe Herd is a business executive and entrepreneur. She is the co-founder of the popular dating platform Tinder and the founder and former CEO of Bumble.

raya-author-image by Raya
Tuesday, 21 May 2024, 4:19 AM
in AI
whitney wolfe herd net worth

whitney wolfe herd net worth

Whitney Wolfe Herd is an American entrepreneur and the youngest woman to take a company public in the United States. Herd is the co-founder of the popular dating platform Tinder and the founder and former CEO of Bumble. Herd has changed the online dating landscape and impacted how people connect in the digital age.

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Who is Whitney Wolfe Herd?

Born on July 1, 1989, in Salt Lake City, Utah, Whitney Wolfe Herd is a business executive and entrepreneur. She showed an entrepreneurial spirit early on. After graduating from Southern Methodist University in Texas, she started her journey in the tech world and eventually co-founded Tinder in 2012. In 2014, Wolfe Herd left Tinder and founded Bumble, a dating app focused on giving women more control over their online dating experiences.

In addition to being listed in the Time 100 List in 2018, Herd was recognized as one of Forbes 30 Under 30 in both 2017 and 2018. When she took Bumble public in 2021, she became the youngest female billionaire in history. 

Whitney Wolfe Herd Net Worth

As of 2024, Forbes estimates Whitney Wolfe Herd’s net worth is $510 million. With a 17% ownership in Bumble, Wolfe Herd became the youngest female self-made billionaire after the company went public in February 2021, a position she held for ten months.

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Education

Whitney Wolfe Herd attended Southern Methodist University in Dallas, Texas. She earned a Bachelor’s degree in International Studies. Additionally, Herd was a member of the Kappa Kappa Gamma sorority.

She launched a company at the age of 20 selling bamboo tote bags when she was a college student to raise money for the BP oil disaster-impacted areas. She founded the nonprofit “Help Us Project” in collaboration with famous stylist Patrick Aufdenkamp. 

Soon after, she and Aufdenkamp launched a second venture: “Tender Heart,” a clothing brand whose mission is to promote fair trade and awareness of human trafficking. Wolfe Herd went to Southeast Asia after graduation to help orphans.

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Career

Whitney Wolfe Herd began her career as the VP of Marketing and Co-Founder at Tinder, Inc. In this role, she contributed significantly to the early growth and marketing strategies of the popular dating app.

Following her tenure at Tinder, Whitney founded Bumble Inc. in 2014. She served as the Founder and CEO for over nine years. During this period, she led the company from its inception to becoming one of the most well-known dating platforms globally. Under her leadership, Bumble expanded its services and user base significantly.

In January 2024, Whitney transitioned to the role of Founder and Executive Chair at Bumble Inc., continuing to contribute to the company’s strategic direction and vision. She has been serving in this role for the past five months, based in Austin, Texas. Brazilian-American businesswoman Lidiane Jones succeeded Herd as Bumble’s CEO. 

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Latest Updates

Last year, Wolfe Herd announced she would transition to the role of Executive Chair of Bumble, with Lidiane Jones stepping in as CEO. This move will allow Wolfe Herd to focus on Bumble’s long-term vision and strategic growth. 

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FREQUENTLY ASKED QUESTIONS

Why did Whitney Wolfe Herd leave Tinder?

Whitney Wolfe Herd left Tinder in 2023 after sexual harassment allegations. Tinder had already become a billion dollar company by then. 

Why is the CEO of Bumble leaving?

Whitney Wolfe Herd, the founder and CEO of Bumble, is leaving the company to concentrate on other concerns, such as loneliness, social media toxicity, and gender equality. She is the company’s largest individual shareholder and will continue to serve as executive chair.

What is Whitney Wolfe Herd known for?

Whitney Wolfe Herd is known for being the co-founder of Tinder, and founder and former CEO of Bumble. She also became the youngest female self-made billionaire in 2021 for 10 months.

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Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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