Perhaps this is why women initiate heterosexual partnerships on the dating service she cofounded. And Wolfe Herd’s next step could be her most daring: Bumble is set to register for an initial public offering (IPO) valued between $6 billion and $8 billion.
Bumble’s Wolfe Herd representative did not respond to a request for comment on Wolfe Herd’s career, net worth, or personal life from Business Insider.
Continue reading to learn more about Whitney Wolfe Herd, the CEO of Bumble.
Whitney Wolfe Herd, 31, was born and raised in Utah.
According to The Times of London, Wolfe Herd was born and reared in Salt Lake City, Utah. According to The Times, her father is a property developer and her mother is a stay-at-home mom.
The CEO has been a feminist since she was a child, telling The New York Times that she detested how males dominated Utah’s dating scene and that women were expected to wait for them to initiate contact.
According to Fast Company, Wolfe Herd went on to attend Southern Methodist University in Texas and was a member of Kappa Kappa Gamma. Many of her sorority sisters remain close to her, and she even hires a handful at Bumble.
According to Money Inc., Wolfe Herd started her first business at the age of 19 while still in college. Wolfe Herd enlisted celebrity stylist Patrick Aufdenkamp to design tote bags that could be sold to assist support relief efforts when the Deepwater Horizon oil leak spewed crude oil into the Gulf of Mexico for five months in 2010.
After Nicole Richie and Rachel Zoe were seen carrying Wolfe Herd’s bags, the resulting organization, the Help Us Get Cleaned Up Project, gained national attention.
Whitney Wolfe Herd’s Net Worth
Whitney Wolfe Herd is a billionaire American businesswoman with a net worth of $1.5 billion. She is the co-founder and CEO of Bumble, as well as the co-founder and CEO of the dating app Tinder. Whitney’s net worth surpassed $1.5 billion for the first time when Bumble went public on February 11, 2021. Whitney held 20% of Bumble at the time of its initial public offering. She was the youngest CEO to ever lead a firm to an IPO, having done it at the age of 31.
Whitney Wolfe Herd was born in the year 1989 in Salt Lake City, Utah. She began selling bamboo tote bags while a student at Southern Methodist University to raise money for those affected by the BP oil spill. She joined Hatch Labs at the age of 22 and was a part of the development of the Cardify app. She went on to become the vice president of marketing at Tinder, where she came up with the app’s name.
Whitney left Tinder in 2014, and she later sued her former coworkers for sexual harassment. She is said to have gotten more than $1 million in addition to company stock.
Next Whitney teamed up with Andrey Andreev, the inventor of Badoo, to create a dating app that became Bumble. Unlike other dating applications, Bumble gives women a lot more power. She was named one of Business Insider’s 30 Most Important Women Under 30 in Tech in 2014, as well as one of Forbes’ 30 Under 30 in 2017.
Whitney Wolfe Herd Relationship Status
In 2017, Wolfe Herd married Michael Herd, a Texas oil heir.
The two had met when skiing in Aspen four years before, although Wolfe Herd had first seen him on a dating app.
Michael was enjoying lunch at the ski resort when Wolfe Herd sat down next to him, she said to Vogue in 2017.
“I was berating him for squandering such wonderful circumstances,” she explained.
“I was perplexed as to why someone who couldn’t ski would be on a ski holiday,” Michael said. “Being from Utah and having grown up skiing, I was perplexed as to why someone who couldn’t ski would be on a ski vacation.”
Wolfe Herd promised to teach Michael to ski, but as he passed her down the mountain, he realized he had lied about his abilities.
On Valentine’s Day, the couple began dating officially.
Michael is now the head of Herd Producing Company, an oil and gas field operator created by his grandpa.
He also owns Grove Kitchen & Gardens, a high-end farm-to-table restaurant.
The couple has two dogs and a son named Bobby, who is named after Michael’s grandfather.