Whitney Wolfe Herd
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Whitney Wolfe Herd (born July 5, 1989) is an American entrepreneur. She is the founder and CEO of publicly traded Bumble, Inc, an online dating platform, launched in 2014. She was previously the vice president of marketing and Co-Founder of
Tinder Tinder is easily combustible material used to start a fire. Tinder is a finely divided, open material which will begin to glow under a shower of sparks. Air is gently wafted over the glowing tinder until it bursts into flame. The flaming tinder i ...
. Wolfe Herd was named as one of 2017's and 2018's ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' 30 Under 30, and in 2018 she was named in the ''
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''
100 100 or one hundred ( Roman numeral: C) is the natural number following 99 and preceding 101. In medieval contexts, it may be described as the short hundred or five score in order to differentiate the English and Germanic use of "hundred" to de ...
List. In February 2021, Wolfe Herd became the world's youngest, female, self-made billionaire when she took Bumble public. She is the youngest woman to have taken a company
public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichk ...
, at age 31.


Early life and education

Wolfe Herd was born as Whitney Wolfe in
Salt Lake City Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the capital and most populous city of Utah, United States. It is the seat of Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, th ...
,
Utah Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to it ...
, to Kelly Wolfe, who was Catholic, and Michael Wolfe, a property developer, who was Jewish. Wolfe Herd attended
Judge Memorial Catholic High School Judge Memorial Catholic High School is a private Catholic high school located in Salt Lake City, Utah, Salt Lake City, Utah, United States. It is one of three high schools in the Roman Catholic Diocese of Salt Lake City serving students in grades ...
. When she was in sixth grade, the family went on a sabbatical in
Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma ...
,
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
. Wolfe Herd attended
Southern Methodist University , mottoeng = "The truth will make you free" , established = , type = Private research university , accreditation = SACS , academic_affiliations = , religious_affiliation = United Methodist Church , president = R. Gerald Turner , ...
, where she majored in
international studies International relations (IR), sometimes referred to as international studies and international affairs, is the scientific study of interactions between sovereign states. In a broader sense, it concerns all activities between states—such a ...
and was a member of the Kappa Kappa Gamma sorority. While in college and at the age of 20, she started a business selling bamboo tote bags to benefit areas affected by the BP oil spill. Wolfe Herd partnered with celebrity stylist Patrick Aufdenkamp to launch the non-profit organization called the "Help Us Project". The bags received national press after celebrities such as
Rachel Zoe Rachel Zoe Rosenzweig (born September 1, 1971) is an American fashion designer, businesswoman and author who rose to prominence as a celebrity wardrobe stylist. She has been credited with the creation of "the boho-meets-rock chic look that came ...
and Nicole Richie were photographed with them. Soon after, she introduced a second business with Aufdenkamp called "Tender Heart", a clothing line dedicated to raising awareness around human trafficking and fair trade. After graduating, Wolfe Herd traveled to Southeast Asia where she worked with orphanages.


Career


Early career

In 2012, at age 22, Wolfe Herd joined the startup Cardify, a project led by
Sean Rad Sean Rad (born May 22, 1986) is an American entrepreneur and co-founder of the dating app Tinder. Rad launched Tinder in 2012 and by 2014 the company was recording one billion "swipes" a day. Rad holds 9 patents for his work, including the pat ...
through Hatch Labs IAC incubator. The project was later abandoned, but Wolfe Herd joined the development team for the dating app Tinder (previously known as MatchBox) with Rad and Chris Gulczynski. Wolfe Herd became vice president of marketing for Tinder. She was reportedly behind the name of the app, taking inspiration from the flame logo and the idea of
tinder Tinder is easily combustible material used to start a fire. Tinder is a finely divided, open material which will begin to glow under a shower of sparks. Air is gently wafted over the glowing tinder until it bursts into flame. The flaming tinder i ...
, which is easily combustible material used to start a fire. She has also been credited with fueling its popularity on college campuses and growing its user base. Wolfe Herd resigned from Tinder in April 2014 due to growing tensions with other company executives. On June 30 she filed a lawsuit against Tinder for sexual harassment. She reportedly received more than as well as stock as part of a settlement in September 2014. Having received online hate, Wolfe Herd started sketching out a female-only social network centered around compliments which was to be called Merci. Even though she didn't want to go back to the dating industry initially, in the following months she cooperated with
Badoo Badoo is a dating-focused social network founded by Russian entrepreneur Andrey Andreev in 2006. It is headquartered in Limassol, Cyprus and London, United Kingdom,Andrey Andreev Andrey Andreev (russian: Андрей Андреев; born Andrey Vagnerovich Ogadzhanyants (russian: Андрей Вагнерович Огаджанянц); 3 February 1974
on assembling a team and developing a new female-friendly dating app. She planned to name the app Moxie, but this name was already taken.


Bumble, Inc (2014 - present)

In December 2014, Wolfe Herd moved to
Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...
, and founded Bumble, a female-focused dating app. By December 2015, the app had reached over 15 million conversations and 80 million matches. After Wolfe Herd left Tinder,
Andrey Andreev Andrey Andreev (russian: Андрей Андреев; born Andrey Vagnerovich Ogadzhanyants (russian: Андрей Вагнерович Огаджанянц); 3 February 1974
, founder of
Badoo Badoo is a dating-focused social network founded by Russian entrepreneur Andrey Andreev in 2006. It is headquartered in Limassol, Cyprus and London, United Kingdom, and the company remains majority owned by Badoo. As of November 2017, Bumble had over 22 million registered users. In January 2018,
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reported that Badoo was seeking a sale that could value the company at about $1.5 billion. Wolfe Herd was named one of ''Business Insider's'' 30 Most Important Women Under 30 In Tech in 2014. In 2016, she was named as one of ''Elle's'' Women in Tech. She was named to ''Forbes'' 30 under 30 in 2017 and 2018. In December 2017, she was listed in a
TechCrunch TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $ ...
feature on 42 women succeeding in tech that year. As of September 2019, Tinder and Bumble were the first and second most popular dating apps in the U.S., with monthly user bases of 7.9 million and 5 million, respectively. In March 2019, Wolfe Herd testified before the Texas House Criminal Jurisprudence committee about the prevalence of unsolicited explicit photos sent to female users on dating applications. In April 2019, Wolfe released the first print issue of ''Bumble Mag'' in partnership with Hearst. In November 2019, Bumble's parent company MagicLab was sold to the private equity firm
The Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
, with co-founder Andreev relinquishing his entire stake in both Bumble and its sister company, Badoo. Wolfe Herd became CEO of the newly acquired MagicLab, valued at $3 billion with an estimated 75 million users, and received an ownership stake of approximately 19% of the company. In 2020, Bumble replaced MagicLab as the parent company of both Bumble and Badoo. As of 2020, Bumble has over 100 million users worldwide. In February 2021, Bumble topped $13 billion in valuation after listing shares on the Nasdaq exchange. Her 18-month-old son was on her hip as she rang the Nasdaq bell. In 2021, Wolfe Herd became the world's youngest self-made female billionaire after taking Bumble public. Forbes estimated her net worth at approximately $1.5 billion.


Chappy

UK-based gay dating app Chappy was co-founded by Jack Rogers, Max Cheremkin and
Ollie Locke Oliver Locke is a British television personality and actor from Southampton, England, known for appearing in E4's constructed reality series '' Made in Chelsea''. His mother is former BBC Radio Solent DJ Sarah Locke. Career Whilst on '' Made ...
and funded primarily by Bumble and Wolfe Herd.


Personal life

In December 2013, she met oil and gas heir Michael Herd on an
Aspen Aspen is a common name for certain tree species; some, but not all, are classified by botanists in the section ''Populus'', of the '' Populus'' genus. Species These species are called aspens: *'' Populus adenopoda'' – Chinese aspen (Chin ...
skiing trip. They married in 2017. In December 2019, the couple announced the birth of their first child. In 2022, Forbes listed Wolfe Herd at number 33 of the top 100 "America's richest self-made women," up from number 39 in 2020.


See also

*
Comparison of online dating services This is a partial, non-exhaustive list of notable online dating websites and mobile apps. All services in the list that have an entry, whether they support heterosexual connections, currently support homosexual connections. __TOC__ Online datin ...


References


External links


How I Built This: Bumble
(audio interview) {{DEFAULTSORT:Wolfe Herd, Whitney 1989 births Living people 20th-century American Jews Businesspeople from Salt Lake City American computer businesspeople Southern Methodist University alumni American technology company founders American women company founders American company founders American technology chief executives Women corporate executives American women chief executives 21st-century American Jews 20th-century American women 21st-century American women