Fri. Nov 22nd, 2024

Meet Whitney Wolfe Herd, the CEO of the female-led dating app Bumble<!-- wp:html --><p>Bumble CEO Whitney Wolfe Herd.</p> <p class="copyright">Getty/Vivien Killilea</p> <p>When Wolfe Herd took Bumble public in 2021, she became the youngest female CEO to do so.<br /> Before Bumble, Wolfe Herd cofounded rival dating app Tinder.</p> <p>Wolfe Herd is married to a Texas oil heir, has two kids, and splits time between her homes in Texas.</p> <p>Whitney Wolfe Herd is used to making bold moves. </p> <p>Perhaps that's why on the dating app she cofounded, women make the first move in heterosexual relationships. In 2021, Wolfe Herd made another bold move when she <a href="https://www.businessinsider.com/heres-what-executives-at-bumble-made-in-2020-compensation-2021-2">took Bumble public.</a> She was 31 at the time, which made her the <a href="https://www.businessinsider.com/whitney-wolfe-herd-bumble-youngest-female-ceo-to-ipo-2021-2">youngest female CEO to take a US company public.</a></p> <p>Since going public, Bumble has grown. Bumble's annual revenue was up 18.7% in 2022 compared to the previous year. Wolfe Herd has also expanded her company and relinquished some of her responsibilities since then, including hiring Drena Kusari, Bumble's first global general manager.</p> <p>Bumble also <a href="https://www.fastcompany.com/90897985/bumble-acquires-official-an-app-that-helps-couples-strengthen-their-relationship" target="_blank" rel="noopener">recently acquired told Fast CompanyOfficial</a>, another relationship app designed for couples that helps with date planning and mood check-ins.</p> <p>"We're really trying to build the entire relationship journey and take care of the entire relationship from start to finish," Wolfe Herd <a href="https://www.fastcompany.com/90897985/bumble-acquires-official-an-app-that-helps-couples-strengthen-their-relationship" target="_blank" rel="noopener">told Fast Company</a>.</p> <p>Keep reading to learn more about Bumble CEO Whitney Wolfe Herd.</p> <div> <div class="slide"> <div class="slide-title">Whitney Wolfe Herd, 33, is a Utah native.</div> <div class="slide-image">Whitney Wolfe Herd. <p class="copyright">Whitney Wolfe</p> </div> <div class="slide-content"> <p>Wolfe Herd was born and raised in Salt Lake City, Utah, <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw">The Times of London</a> reported. Her father is a property developer and her mother is a homemaker, per <a href="https://www.thetimes.co.uk/article/the-interview-whitney-wolfe-founder-of-bumble-formerly-at-tinder-l95mdzsds">The Times</a>.</p> <p>The CEO has been a feminist from an early age, telling <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw">The Times</a> that she disliked how Utah's dating culture was dominated by men — women were expected to wait for them to make the first move.</p> <p>Wolfe Herd went on to attend Southern Methodist University in Texas, and was a member of Kappa Kappa Gamma, per <a href="https://www.fastcompany.com/90396193/inside-bumble-ceo-whitney-wolfe-herds-mission-to-build-the-female-internet">Fast Company</a>. She's still close with many of her sorority sisters and even employs a few at Bumble.</p> <p>Wolfe Herd also launched her first business at 19 while still in college, per <a href="https://moneyinc.com/whitney-wolfe-10-things-didnt-know-ceo-bumble/">Money Inc</a>. After the <a href="https://www.businessinsider.com/tourism-gulf-of-mexico-recovers-deepwater-horizon-oil-spill-coronavirus-2020-7">Deepwater Horizon oil spill</a> pumped crude oil into the Gulf of Mexico for five months in 2010, Wolfe Herd enlisted celebrity stylist Patrick Aufdenkamp to design tote bags that could be sold to help fund relief efforts. The resulting nonprofit, <a href="http://www.smustyle.com/whitney-wolfes-help-us-get-cleaned-up-totes/">called the Help Us Get Cleaned Up Project</a>, became nationally known after Nicole Richie and Rachel Zoe were spotted with Wolfe Herd's bags.</p> </div> </div> <div class="slide"> <div class="slide-title">After earning a degree in International Studies, Wolfe Herd did a brief stint in Southeast Asia.</div> <div class="slide-image">Whitney Wolfe Herd. <p class="copyright">Whitney Wolfe</p> </div> <div class="slide-content"> <p>Wolfe Herd spent her time in Asia volunteering at local orphanages, per <a href="https://moneyinc.com/whitney-wolfe-10-things-didnt-know-ceo-bumble/">Money Inc</a>.</p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd is currently at the head of Bumble, it isn't the first dating app she cofounded.</div> <div class="slide-image">Tinder Headquarters on the Sunset Strip on August 28, 2020 in West Hollywood, California. <p class="copyright">AaronP/Bauer-Griffin/GC Images/Getty Images</p> </div> <div class="slide-content"> <p>At 22, Wolfe Herd was hired to work at startup incubator Hatch Labs in Los Angeles, according to <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw">The Times of London</a>. After hours, she starting collaborating with a group that was looking to build a dating app.</p> <p>That app, which is now known as Tinder, quickly grew into a global phenomenon with Wolfe Herd's help. She even came up with the name Tinder, per <a href="https://www.telegraph.co.uk/women/womens-business/11616130/Tinder-co-founder-Whitney-Wolfe-The-word-feminist-seemed-to-put-guys-off-but-now-I-realise-who-cares.html">The Telegraph</a>. She is credited as a cofounder and spent two years as the company's vice president of marketing, per <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw">The Times</a>.</p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd didn't leave Tinder on good terms.</div> <div class="slide-image">Wolfe Herd's fellow Tinder cofounders, Justin Mateen and Sean Rad. <p class="copyright">Gabriel Olsen/FilmMagic</p> </div> <div class="slide-content"> <p>During her tenure at Tinder, Wolfe Herd dated fellow cofounder and her then-boss Justin Mateen, per <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw">The Times of London</a>. She left the company shortly after they split, and filed a lawsuit alleging that she had experienced sexual harassment and discrimination.</p> <p>The legal dispute was settled privately outside of court, with neither party admitting to wrongdoing.</p> <p>Following the legal battle, Wolfe Herd also faced online harassment.</p> <p>"I was inundated with hatred online, lots of aggressive behavior, people calling me names, really painful things that I'd never experienced," Wolfe Herd told <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw">The Times</a> in 2018. "I felt like my entire self-worth, any confidence that I had, had been sucked away. There were dark times when I thought, 'Well, this is it. I won't have a career ever again. I'm 24, coming out of one of the world's hottest tech companies, but the internet hates me.' It was a horrible time. Then I woke up one morning and thought, 'I'm going to rebuild myself.'"</p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd launched Bumble in 2014, originally planning to build a female-focused social network instead of a dating app.</div> <div class="slide-image">Whitney Wolfe Herd. <p class="copyright">Getty/Vivien Killilea</p> </div> <div class="slide-content"> <p>Wolfe Herd was persuaded to forgo her original plan for the app by former business partner and Russian billionaire Andrey Andreev, according to <a href="https://www.cnn.com/2019/12/13/tech/whitney-wolfe-herd-bumble-risk-takers/index.html">CNN Business</a>.</p> <p>The app's women-led model was initially inspired by Sadie Hawkins school dances, where women ask men to be their date, Wolfe Herd told <a href="https://www.businessinsider.com/tinder-co-founder-whitney-wolfe-and-bumble-2015-1">Business Insider</a> in 2015.</p> <p>"We're definitely not trying to be sexist, that's not the goal," Wolfe Herd said. "I know guys get sick of making the first move all the time. Why does a girl feel like she should sit and wait around? Why is there this standard that, as a woman, you can get your dream job but you can't talk to a guy first? Let's make dating feel more modern."</p> <p>Wolfe Herd has since expanded the app with additional services to help women meet new friends and expand their professional networks, called <a href="https://www.businessinsider.com/bumble-dating-app-company-history-2021-ipo-2020-9">Bumble BFF</a> and <a href="https://bumble.com/the-buzz/bumble-bizz-career-professional-networking">Bumble Bizz</a> respectively. Bumble has also invested in other apps, including gay dating app Chappy, <a href="https://techcrunch.com/2016/12/14/bumble-invests-in-gay-dating-app-chappy/?guccounter=1">TechCrunch</a> reported.</p> <p>Bumble has 3.5 million paying users across 150 countries as of March 2023, <a href="https://ir.bumble.com/news/news-details/2023/Bumble-Inc.-Announces-First-Quarter-2023-Results/default.aspx" target="_blank" rel="noopener">according to the company.</a></p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd also reorganized and took the helm of Bumble's former parent company, Magic Lab, after its owner was ousted amid accusations of racism and sexism.</div> <div class="slide-image">Andrey Andreev and Whitney Wolfe Herd. <p class="copyright">Magic Lab</p> </div> <div class="slide-content"> <p>In addition to being Wolfe Herd's close friend and business partner who she said she was <a href="https://www.nytimes.com/2019/05/09/business/whitney-wolfe-herd-bumble-work-diary.html">"incredibly in sync"</a> with and called <a href="https://www.nytimes.com/2019/05/09/business/whitney-wolfe-herd-bumble-work-diary.html">"two to five times a day,"</a> Andreev owned a 79% stake in Bumble, according to <a href="https://www.fastcompany.com/90396193/inside-bumble-ceo-whitney-wolfe-herds-mission-to-build-the-female-internet">Fast Company</a>.</p> <p>After the allegations of racism and sexism against Andreev were published by <a href="https://www.forbes.com/sites/angelauyeung/2019/07/08/exclusive-investigation-sex-drugs-misogyny-and-sleaze-at-the-hq-of-bumbles-owner/#4a4df97b6308">Forbes</a> in 2019, Wolfe Herd <a href="https://www.businessinsider.com/bumble-whitney-wolfe-herd-sickened-by-badoo-allegations-2019-7">released a statement</a> saying she had had "nothing but positive and respectful" experiences with Andreev but "would never challenge someone's feelings or experiences."</p> <p>"All of us at Bumble are mortified by the allegations about Badoo (Bumble's majority owner) from the years before Bumble was born, as chronicled in the Forbes story," Wolfe Herd said in the statement. "I am saddened and sickened to hear that anyone, of any gender, would ever be made to feel marginalized or mistreated in any capacity at their workplace."</p> </div> </div> <div class="slide"> <div class="slide-title">Even before she took on her expanded role, Wolfe Herd was already a workaholic.</div> <div class="slide-image">Whitney Wolfe Herd. <p class="copyright">Jerod Harris/Getty Images for Fortune</p> </div> <div class="slide-content"> <p>Wolfe Herd typically wakes up every morning at 5:15 a.m. and immediately starts responding to emails, she told <a href="https://www.thetimes.co.uk/article/the-interview-whitney-wolfe-founder-of-bumble-formerly-at-tinder-l95mdzsds">The Times of London</a>.</p> <p>She has even been known to wake up every two hours during the night to check her inbox. "I'm trying to stop that," Wolfe Herd told <a href="https://www.thetimes.co.uk/article/the-interview-whitney-wolfe-founder-of-bumble-formerly-at-tinder-l95mdzsds">The Times</a> in 2017. "I get no downtime. I don't get a weekend, I haven't lived like a twenty-something since I started Bumble in 2014."</p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd is also politically active, helping outlaw digital sexual harassment in Texas.</div> <div class="slide-image">Whitney Wolfe Herd. <p class="copyright">Photo by Bennett Raglin/Getty Images for Fast Company</p> </div> <div class="slide-content"> <p>Sending unsolicited nude photos — a phenomenon that has plagued dating apps and even AirDrop — is punishable under a new law championed by Wolfe Herd, <a href="https://www.inc.com/christine-lagorio-chafkin/texas-digital-photograph-law-bumble-whitney-wolfe-herd.html">Inc.</a> reported. She is now advocating for a similar law in California and hopes it will soon be federal law, too.</p> <p>"It is time that our laws mirror this way we lead double lives, in the physical and the digital," Wolfe Herd told <a href="https://www.inc.com/christine-lagorio-chafkin/texas-digital-photograph-law-bumble-whitney-wolfe-herd.html">Inc.</a> shortly after the Texas law was passed in August 2019. "You look at government right now, it only protects the physical world. But our youth are spending a lot more time in the digital world than they are in the physical."</p> <div class="insider-raw-embed"> <div> <a href="https://www.instagram.com/p/BX9A3T1hc16/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener"> <div> <div></div> <div> <div></div> <div></div> </div> </div> <div></div> <div></div> <div> <div>View this post on Instagram</div> </div> <div></div> <div> <div> <div></div> <div></div> <div></div> </div> <div> <div></div> <div></div> </div> <div> <div></div> <div></div> <div></div> </div> </div> <div> <div></div> <div></div> </div> <p></p></a> <p><a href="https://www.instagram.com/p/BX9A3T1hc16/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener">A post shared by Whitney Wolfe Herd (@whitney)</a></p> </div></div> <p> </p> <p>The CEO says she doesn't have political aspirations of her own, however. "I could never run for [office]," Wolfe Herd told <a href="https://www.thetimes.co.uk/article/the-interview-whitney-wolfe-founder-of-bumble-formerly-at-tinder-l95mdzsds">The Times of London</a>, saying that she is frequently asked if she's considered it. "There are people so much smarter than me."</p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd is also a mom.</div> <div class="slide-image">Whitney Wolfe Herd and husband Michael Herd in 2018. <p class="copyright">Evan Agostini/Invision/AP</p> </div> <div class="slide-content"> <p>Wolfe Herd married Texas oil heir Michael Herd in an elegant three-day ceremony on Italy's Amalfi Coast in 2017, per <a href="https://www.vogue.com/article/bumble-founder-whitney-wolfe-michael-herd-positano-wedding">Vogue</a>.</p> <p>The couple <a href="https://www.vogue.com/article/bumble-founder-whitney-wolfe-michael-herd-positano-wedding">first met</a> while skiing in Aspen in 2013, but Wolfe Herd first saw him on a dating app. "He has the kind of face you remember," she told <a href="https://www.telegraph.co.uk/women/womens-business/11616130/Tinder-co-founder-Whitney-Wolfe-The-word-feminist-seemed-to-put-guys-off-but-now-I-realise-who-cares.html">The Telegraph</a>.</p> <p>He is now the president of the oil and gas field operator founded by his late grandfather, Herd Producing Company, and also owns a high-end farm to table restaurant called the <a href="https://thegrovetyler.com/#">Grove Kitchen + Gardens</a>.</p> <p>The pair have two sons named Henry and Bobby, named after Michael's late grandfather, and they makes frequent appearances on Wolfe Herd's <a href="https://www.instagram.com/whitney/?hl=en" target="_blank" rel="noopener">Instagram account</a>.</p> <div class="insider-raw-embed"> <div> <a href="https://www.instagram.com/p/Cqg2IlQPjxV/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener"> <div> <div></div> <div> <div></div> <div></div> </div> </div> <div></div> <div></div> <div> <div>View this post on Instagram</div> </div> <div></div> <div> <div> <div></div> <div></div> <div></div> </div> <div> <div></div> <div></div> </div> <div> <div></div> <div></div> <div></div> </div> </div> <div> <div></div> <div></div> </div> <p></p></a> <p><a href="https://www.instagram.com/p/Cqg2IlQPjxV/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener">A post shared by Whitney Wolfe Herd (@whitney)</a></p> </div></div> <p> </p> <p>The couple also has a Great Dane named Duke and a yellow lab named Jett, per <a href="https://www.nytimes.com/2019/05/09/business/whitney-wolfe-herd-bumble-work-diary.html">The New York Times</a>.</p> <p>"[Duke] is a kind animal but does not understand how big he is," Wolfe Herd told <a href="https://www.nytimes.com/2019/05/09/business/whitney-wolfe-herd-bumble-work-diary.html">The Times</a> in 2019, while describing her daily after work routine. "At 175 pounds, he could quite literally kill me. I have to lock myself in the car while I wait for my husband to come home and get him away from me."</p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd has been open about her struggles with anxiety.</div> <div class="slide-image">Whitney Wolfe Herd in 2018. <p class="copyright">AP Photo/Richard Drew</p> </div> <div class="slide-content"> <p>"I haven't gone through the testing, but I should," Wolfe Herd told <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw?wgu=270525_54264_15991613302417_eb66aea5d4&wgexpiry=1606937330&utm_source=planit&utm_medium=affiliate&utm_content=22278">The Times of London</a>. "It's anxiety about everything. I worry about awful things happening to people I love. They say phones are a strong catalyst for making anxiety worse, so I have this interesting balance — how do I make sure I'm on top of everything, but also preserve my mental health?"</p> </div> </div> <div class="slide"> <div class="slide-title">The Herd family splits time between their two Texas houses.</div> <div class="slide-image">Austin, Texas. <p class="copyright">Getty Images</p> </div> <div class="slide-content"> <p>The Herds have one home along the Colorado River in Austin near Bumble's headquarters and another further north in Tyler, near Michael Herd's office, per <a href="https://www.nytimes.com/2019/05/09/business/whitney-wolfe-herd-bumble-work-diary.html">The New York Times</a>. They also own a vacation home in Aspen, Bumble's chief brand officer Alex Williamson told <a href="https://mlaspen.com/bumble-lands-in-aspen">Aspen Magazine</a>.</p> <p>The couple also owns Michael's 6.5-acre family estate on Lake Austin, according to <a href="https://www.mansionglobal.com/articles/michael-herd-is-selling-sprawling-family-compound-in-austin-texas-for-28-5-million-215417">Mansion Global</a>. The waterfront compound boasts a movie theater, helipad, putting green, 10 garages, multiple boat docks, and a guest house, as well as a 5,000 square foot cabana designed for entertaining. That property was <a href="http://www.lakeaustincrownjewel.com/">listed for sale</a> for $28.5 million.</p> </div> </div> <div class="slide"> <div class="slide-title">They also travel a lot.</div> <div class="slide-image">Bumble CEO Whitney Wolfe Herd. <p class="copyright">REUTERS/Caitlin Ochs</p> </div> <div class="slide-content"> <p>Wolfe Herd takes frequent trips for both work and pleasure. Wolfe Herd told <a href="https://www.travelandleisure.com/travel-tips/whitney-wolfe-bumble-carry-on">Travel +Leisure</a> in 2017 that her all-time favorite trips include a sailing expedition through Myanmar and Thailand and a family trip to India.</p> <p>For their honeymoon, Wolfe Herd and her husband stayed at Four Seasons resorts in both Bora Bora and Maui after leaving the site of their destination wedding in Italy, according to a blog post by the <a href="https://www.indagare.com/destinations/oceania-pacific/south-pacific/bora-bora-south-pacific/articles/whitney-wolfes-honeymoon">Indagare</a>, the group that planned the trip.</p> <p>Wolfe Herd told Indagare that she wanted a beach-heavy honeymoon because she and Herd were "looking for the ideal place to unwind, where we could take in the sun and swim. Our favorite moments were just relaxing and appreciating each other in such beautiful locations."</p> <p>In July 2019, she celebrated her 30th birthday with a multi-day party on a yacht off the coast of Capri, Italy, per <a href="https://guestofaguest.com/new-york/nyc-society/bumble-founder-whitney-wolfe-herd-celebrates-30-with-a-glam-bash-in-capri">Guest of a Guest</a>.</p> <div class="insider-raw-embed"> <div> <a href="https://www.instagram.com/p/BOnEk6Kjd5c/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener"> <div> <div></div> <div> <div></div> <div></div> </div> </div> <div></div> <div></div> <div> <div>View this post on Instagram</div> </div> <div></div> <div> <div> <div></div> <div></div> <div></div> </div> <div> <div></div> <div></div> </div> <div> <div></div> <div></div> <div></div> </div> </div> <div> <div></div> <div></div> </div> <p></p></a> <p><a href="https://www.instagram.com/p/BOnEk6Kjd5c/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener">A post shared by Whitney Wolfe Herd (@whitney)</a></p> </div></div> <p> </p> </div> </div> <div class="slide"> <div class="slide-title">Wolfe Herd has an estimated net worth of $740 million, according to Forbes.</div> <div class="slide-image">Bumble CEO Whitney Wolfe Herd is seen outside Good Morning America on January 31, 2019 in New York City. <p class="copyright">Raymond Hall/GC Images/Getty Images</p> </div> <div class="slide-content"> <p>Wolfe Herd's multimillion-dollar fortune landed her at No. 39 on <a href="https://www.forbes.com/profile/whitney-wolfe-herd/#3d8ee2e53147">Forbes' list of the wealthiest self-made women in America</a> in 2020.</p> <p>In 2022, Bumble's total revenue increased to $903.5 million, <a href="https://ir.bumble.com/news/news-details/2023/Bumble-Inc.-Announces-Fourth-Quarter-and-Full-Year-2022-Results/default.aspx" target="_blank" rel="noopener">according to its financial earnings</a>. The company brought in nearly $243 million in quarter one of 2023, a 16% increase, <a href="https://ir.bumble.com/news/news-details/2023/Bumble-Inc.-Announces-First-Quarter-2023-Results/default.aspx" target="_blank" rel="noopener">according to Bumble</a>.</p> <p>Forbes previously <a href="https://www.forbes.com/profile/whitney-wolfe-herd/?sh=5ee5c2cb3147" target="_blank" rel="noopener">reported</a> that Wolfe Herd was the <a href="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=5a22eb2e578dhttps://www.forbes.com/sites/angelauyeung/2021/02/11/bumble-founder-whitney-wolfe-herds-fortune-rockets-past-1-billion-as-dating-app-goes-public/?sh=5a22eb2e578d" target="_blank" rel="noopener">youngest self-made woman billionaire</a> after she took Bumble public — a title that lasted for ten months. Wolfe Herd's net worth is currently $510 million, <a href="https://www.forbes.com/profile/whitney-wolfe-herd/?sh=615bbb493147" target="_blank" rel="noopener">per Forbes</a>.</p> <p>"I feel like what I'm doing is quite important," Wolfe Herd told <a href="https://www.thetimes.co.uk/article/the-queen-of-dating-apps-how-whitney-wolfe-herd-the-founder-of-bumble-plans-to-stop-men-behaving-badly-kxz7jhrxw">The Times of London</a> in 2018. "A lot of people are, like, 'What do you mean it's important? It's a dating app.' But it's important because connections are at the root of everything we do. Human connection defines our happiness and our health. This company feels like a piece of me. I know this sounds cheesy and weird, but I really feel like it's my mission."</p> </div> </div> </div> <div class="read-original">Read the original article on <a href="https://www.businessinsider.com/meet-bumble-ceo-whitney-wolfe-herd-net-worth-family-ipo-2020-9">Business Insider</a></div><!-- /wp:html -->

Bumble CEO Whitney Wolfe Herd.

When Wolfe Herd took Bumble public in 2021, she became the youngest female CEO to do so.
Before Bumble, Wolfe Herd cofounded rival dating app Tinder.

Wolfe Herd is married to a Texas oil heir, has two kids, and splits time between her homes in Texas.

Whitney Wolfe Herd is used to making bold moves. 

Perhaps that’s why on the dating app she cofounded, women make the first move in heterosexual relationships. In 2021, Wolfe Herd made another bold move when she took Bumble public. She was 31 at the time, which made her the youngest female CEO to take a US company public.

Since going public, Bumble has grown. Bumble’s annual revenue was up 18.7% in 2022 compared to the previous year. Wolfe Herd has also expanded her company and relinquished some of her responsibilities since then, including hiring Drena Kusari, Bumble’s first global general manager.

Bumble also recently acquired told Fast CompanyOfficial, another relationship app designed for couples that helps with date planning and mood check-ins.

“We’re really trying to build the entire relationship journey and take care of the entire relationship from start to finish,” Wolfe Herd told Fast Company.

Keep reading to learn more about Bumble CEO Whitney Wolfe Herd.

Whitney Wolfe Herd, 33, is a Utah native.
Whitney Wolfe Herd.

Wolfe Herd was born and raised in Salt Lake City, Utah, The Times of London reported. Her father is a property developer and her mother is a homemaker, per The Times.

The CEO has been a feminist from an early age, telling The Times that she disliked how Utah’s dating culture was dominated by men — women were expected to wait for them to make the first move.

Wolfe Herd went on to attend Southern Methodist University in Texas, and was a member of Kappa Kappa Gamma, per Fast Company. She’s still close with many of her sorority sisters and even employs a few at Bumble.

Wolfe Herd also launched her first business at 19 while still in college, per Money Inc. After the Deepwater Horizon oil spill pumped crude oil into the Gulf of Mexico for five months in 2010, Wolfe Herd enlisted celebrity stylist Patrick Aufdenkamp to design tote bags that could be sold to help fund relief efforts. The resulting nonprofit, called the Help Us Get Cleaned Up Project, became nationally known after Nicole Richie and Rachel Zoe were spotted with Wolfe Herd’s bags.

After earning a degree in International Studies, Wolfe Herd did a brief stint in Southeast Asia.
Whitney Wolfe Herd.

Wolfe Herd spent her time in Asia volunteering at local orphanages, per Money Inc.

Wolfe Herd is currently at the head of Bumble, it isn’t the first dating app she cofounded.
Tinder Headquarters on the Sunset Strip on August 28, 2020 in West Hollywood, California.

At 22, Wolfe Herd was hired to work at startup incubator Hatch Labs in Los Angeles, according to The Times of London. After hours, she starting collaborating with a group that was looking to build a dating app.

That app, which is now known as Tinder, quickly grew into a global phenomenon with Wolfe Herd’s help. She even came up with the name Tinder, per The Telegraph. She is credited as a cofounder and spent two years as the company’s vice president of marketing, per The Times.

Wolfe Herd didn’t leave Tinder on good terms.
Wolfe Herd’s fellow Tinder cofounders, Justin Mateen and Sean Rad.

During her tenure at Tinder, Wolfe Herd dated fellow cofounder and her then-boss Justin Mateen, per The Times of London. She left the company shortly after they split, and filed a lawsuit alleging that she had experienced sexual harassment and discrimination.

The legal dispute was settled privately outside of court, with neither party admitting to wrongdoing.

Following the legal battle, Wolfe Herd also faced online harassment.

“I was inundated with hatred online, lots of aggressive behavior, people calling me names, really painful things that I’d never experienced,” Wolfe Herd told The Times in 2018. “I felt like my entire self-worth, any confidence that I had, had been sucked away. There were dark times when I thought, ‘Well, this is it. I won’t have a career ever again. I’m 24, coming out of one of the world’s hottest tech companies, but the internet hates me.’ It was a horrible time. Then I woke up one morning and thought, ‘I’m going to rebuild myself.'”

Wolfe Herd launched Bumble in 2014, originally planning to build a female-focused social network instead of a dating app.
Whitney Wolfe Herd.

Wolfe Herd was persuaded to forgo her original plan for the app by former business partner and Russian billionaire Andrey Andreev, according to CNN Business.

The app’s women-led model was initially inspired by Sadie Hawkins school dances, where women ask men to be their date, Wolfe Herd told Business Insider in 2015.

“We’re definitely not trying to be sexist, that’s not the goal,” Wolfe Herd said. “I know guys get sick of making the first move all the time. Why does a girl feel like she should sit and wait around? Why is there this standard that, as a woman, you can get your dream job but you can’t talk to a guy first? Let’s make dating feel more modern.”

Wolfe Herd has since expanded the app with additional services to help women meet new friends and expand their professional networks, called Bumble BFF and Bumble Bizz respectively. Bumble has also invested in other apps, including gay dating app Chappy, TechCrunch reported.

Bumble has 3.5 million paying users across 150 countries as of March 2023, according to the company.

Wolfe Herd also reorganized and took the helm of Bumble’s former parent company, Magic Lab, after its owner was ousted amid accusations of racism and sexism.
Andrey Andreev and Whitney Wolfe Herd.

In addition to being Wolfe Herd’s close friend and business partner who she said she was “incredibly in sync” with and called “two to five times a day,” Andreev owned a 79% stake in Bumble, according to Fast Company.

After the allegations of racism and sexism against Andreev were published by Forbes in 2019, Wolfe Herd released a statement saying she had had “nothing but positive and respectful” experiences with Andreev but “would never challenge someone’s feelings or experiences.”

“All of us at Bumble are mortified by the allegations about Badoo (Bumble’s majority owner) from the years before Bumble was born, as chronicled in the Forbes story,” Wolfe Herd said in the statement. “I am saddened and sickened to hear that anyone, of any gender, would ever be made to feel marginalized or mistreated in any capacity at their workplace.”

Even before she took on her expanded role, Wolfe Herd was already a workaholic.
Whitney Wolfe Herd.

Wolfe Herd typically wakes up every morning at 5:15 a.m. and immediately starts responding to emails, she told The Times of London.

She has even been known to wake up every two hours during the night to check her inbox. “I’m trying to stop that,” Wolfe Herd told The Times in 2017. “I get no downtime. I don’t get a weekend, I haven’t lived like a twenty-something since I started Bumble in 2014.”

Wolfe Herd is also politically active, helping outlaw digital sexual harassment in Texas.
Whitney Wolfe Herd.

Sending unsolicited nude photos — a phenomenon that has plagued dating apps and even AirDrop — is punishable under a new law championed by Wolfe Herd, Inc. reported. She is now advocating for a similar law in California and hopes it will soon be federal law, too.

“It is time that our laws mirror this way we lead double lives, in the physical and the digital,” Wolfe Herd told Inc. shortly after the Texas law was passed in August 2019. “You look at government right now, it only protects the physical world. But our youth are spending a lot more time in the digital world than they are in the physical.”

 

The CEO says she doesn’t have political aspirations of her own, however. “I could never run for [office],” Wolfe Herd told The Times of London, saying that she is frequently asked if she’s considered it. “There are people so much smarter than me.”

Wolfe Herd is also a mom.
Whitney Wolfe Herd and husband Michael Herd in 2018.

Wolfe Herd married Texas oil heir Michael Herd in an elegant three-day ceremony on Italy’s Amalfi Coast in 2017, per Vogue.

The couple first met while skiing in Aspen in 2013, but Wolfe Herd first saw him on a dating app. “He has the kind of face you remember,” she told The Telegraph.

He is now the president of the oil and gas field operator founded by his late grandfather, Herd Producing Company, and also owns a high-end farm to table restaurant called the Grove Kitchen + Gardens.

The pair have two sons named Henry and Bobby, named after Michael’s late grandfather, and they makes frequent appearances on Wolfe Herd’s Instagram account.

 

The couple also has a Great Dane named Duke and a yellow lab named Jett, per The New York Times.

“[Duke] is a kind animal but does not understand how big he is,” Wolfe Herd told The Times in 2019, while describing her daily after work routine. “At 175 pounds, he could quite literally kill me. I have to lock myself in the car while I wait for my husband to come home and get him away from me.”

Wolfe Herd has been open about her struggles with anxiety.
Whitney Wolfe Herd in 2018.

“I haven’t gone through the testing, but I should,” Wolfe Herd told The Times of London. “It’s anxiety about everything. I worry about awful things happening to people I love. They say phones are a strong catalyst for making anxiety worse, so I have this interesting balance — how do I make sure I’m on top of everything, but also preserve my mental health?”

The Herd family splits time between their two Texas houses.
Austin, Texas.

The Herds have one home along the Colorado River in Austin near Bumble’s headquarters and another further north in Tyler, near Michael Herd’s office, per The New York Times. They also own a vacation home in Aspen, Bumble’s chief brand officer Alex Williamson told Aspen Magazine.

The couple also owns Michael’s 6.5-acre family estate on Lake Austin, according to Mansion Global. The waterfront compound boasts a movie theater, helipad, putting green, 10 garages, multiple boat docks, and a guest house, as well as a 5,000 square foot cabana designed for entertaining. That property was listed for sale for $28.5 million.

They also travel a lot.
Bumble CEO Whitney Wolfe Herd.

Wolfe Herd takes frequent trips for both work and pleasure. Wolfe Herd told Travel +Leisure in 2017 that her all-time favorite trips include a sailing expedition through Myanmar and Thailand and a family trip to India.

For their honeymoon, Wolfe Herd and her husband stayed at Four Seasons resorts in both Bora Bora and Maui after leaving the site of their destination wedding in Italy, according to a blog post by the Indagare, the group that planned the trip.

Wolfe Herd told Indagare that she wanted a beach-heavy honeymoon because she and Herd were “looking for the ideal place to unwind, where we could take in the sun and swim. Our favorite moments were just relaxing and appreciating each other in such beautiful locations.”

In July 2019, she celebrated her 30th birthday with a multi-day party on a yacht off the coast of Capri, Italy, per Guest of a Guest.

 

Wolfe Herd has an estimated net worth of $740 million, according to Forbes.
Bumble CEO Whitney Wolfe Herd is seen outside Good Morning America on January 31, 2019 in New York City.

Wolfe Herd’s multimillion-dollar fortune landed her at No. 39 on Forbes’ list of the wealthiest self-made women in America in 2020.

In 2022, Bumble’s total revenue increased to $903.5 million, according to its financial earnings. The company brought in nearly $243 million in quarter one of 2023, a 16% increase, according to Bumble.

Forbes previously reported that Wolfe Herd was the youngest self-made woman billionaire after she took Bumble public — a title that lasted for ten months. Wolfe Herd’s net worth is currently $510 million, per Forbes.

“I feel like what I’m doing is quite important,” Wolfe Herd told The Times of London in 2018. “A lot of people are, like, ‘What do you mean it’s important? It’s a dating app.’ But it’s important because connections are at the root of everything we do. Human connection defines our happiness and our health. This company feels like a piece of me. I know this sounds cheesy and weird, but I really feel like it’s my mission.”

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