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Life

12th Feb 2021

Co-founder of Bumble has just become the world’s youngest self-made female billionaire

Cassie Stokes

Yes to this powerhouse woman!

The CEO and co-founder of Bumble is now the world ‘s youngest female self-made billionaire. We love to see it!

Whitney Wolfe Herd who is just 31-years-old co-founded Bumble in 2014 and has since watched it grow exponentially to become an app that is accessed by over 5 million users around the world monthly.

The company went public on Thursday which saw her her 11.6 per cent share in Bumble shoot up when shares in the company rocketed from $43 to $76.

Whitney is now worth a cool £1.2 billion. Congratulations to this absolute icon.

Bumble is an empowering dating app with a difference and promotes women making the first move, giving them the option to move forward with potential partners through messaging.

Bumble puts women in control, they are the ones who get to choose to make first contact when they’re matched.

Whitney used to work for Tinder but saw a gap in the market and left and started up her own more forward-thinking app, she has said she was “frustrated” by archaic gender norms which are still present in dating today.

She wrote a letter to investors ahead of Bumble being listed on Nasdaq saying, “I have experienced first-hand how unequal relationships negatively impact all areas of life, I wanted to change this.”

A spokesperson for the brand told Tyla: “The pandemic has drastically changed how we connect, which is why Bumble introduced a new feature to help people navigate and communicate how they are comfortable dating: virtual only, socially-distanced, or socially-distanced with masks.

“Since vaccinations began in December, we’ve seen an increase in the number of people who have included the word ‘vaccine’ or ‘vaccinated’ in their Bumble profiles and we know that 2 in 3 people are already having the ‘COVID conversation’ before they meet.”