Whitney Wolfe is a 29-year-old American entrepreneur and is currently the CEO of Bumble dating app. The app is designed to give women more control than the traditional dating apps. The app became very popular and by December 2015, it reached over 15 million conversations and 80 million matches. As from April 2016, Tinder and Bumble were ranked first and fourth dating apps respectively and by November 2017, Bumble registered 22 million users in the app. Due to competition, Badoo sought a sale that valued his company to a net worth of $1.5 billion.
Bumble dating app gave Whitney Wolfe a lot of popularity. She was listed in the business insider as one of the top 30 most important women under 30 years of age in technology. In addition to that, she was by Forbes as 30 under 30 from 2017 to 2018. Bumble dating app helps its users to find love, friends and even get job opportunities. Bumble was valued by Forbes to have a net worth of $1 billion which made the young entrepreneur $230 million rich.
Tinder is one of the greatest dating apps which Bumble’s major competitor. Whitney Wolfe contributed to making Tinder become a great company but she left the company due to some unpleasant reasons and was later given $1 million for compensation. The incidence left her broken and almost killed her dream of online dating where she shifted her focus to online social space for women. Whitney Wolfe sold these ideas to Badoo who loved it and also loved her passion and dedication in her job. Tinder and Bumble Are Seriously at War
Whitney later met Andrey Andreev who advised her to stick to her original idea of dating apps. Bumble dating app is built from a feminist approach. It launched BFF app to assist women to find friends and Bizz app for the purpose of women meeting up to discuss career approaches. Whitney Wolfe is expected to join Forbe’s rank of America’s richest self-made women category if the company continues to flourish. Billion-Dollar Bumble: How Whitney Wolfe Herd Built America’s Fastest-Growing Dating App