THANKS to Bumble founder Whitney Wolfe Herd, millions of people seeking romance have flocked to the popular dating app.
Nine years after the platform's launch, she has decided to step down from her position as CEO.
What is Whitney Wolfe-Herd's net worth?
According to Forbes, Whitney Wolfe-Herd's net worth is estimated to be $510million.
Wolfe-Herd's wealth is attributed to her earnings as the founder of Bumble.
Along with Sean Rad and Justin Mateen, she is also one of Tinder's three co-founders.
Are there illegal baby names? Surprising monikers that are BANNED in other countries, from Sarah to Thomas
In February 2021, Wolfe-Herd became the world's youngest self-made female billionaire at 31 years old.
At the time, her riches reached over a billion dollars because she decided to take Bumble public.
Regarding Bumble's popularity, she told Time: "Do I think by a woman making the first move on Bumble we’re going to solve every women’s issue around the world? No.
"Do I think it’s a good first step to recalibrate an age-old system that sets us all up for failure, men and women?
"Yes because the Internet has megapower to shift behavior if you use it for good.
"Honestly, my ambition comes from abusive relationships.
"I think empowerment has probably commercially been taken advantage of, the word itself, and we’re probably part of that.
"Every single company right now is doing 'girl power' and 'the future is female.'"
When was Bumble founded?
Following Wolfe-Herd's departure from Tinder, she launched Bumble in December 2014.
The tech entrepreneur founded the dating app to allow women to have more control over their online experience.
All about Rachel Nickell who was murdered in front of her son Alex Hanscombe
While anyone can sign up for Bumble, only the women are allowed to message first.
"It’s not a dating app, it’s a movement," Wolfe-Herd explained to the abovementioned outlet.
"This could change the way women and men treat each other, women and men date, and how women feel about themselves."
Why did Wolfe-Herd step down as Bumble CEO?
On November 6, 2023, Wolfe-Herd announced she was stepping down from her role as Bumble's CEO.
As Wolfe-Herd vacated her position as CEO, she was succeeded by Slack executive Lidiane Jones.
Although she has stepped down as CEO, she remains the company's executive chair.
In a statement, she revealed: "This move to Executive Chair gives me the ability to step forward into a new and exciting role, get back to my founder roots, and bring immense passion and focus to this next chapter of growth.
"Lidiane's expertise and track record in product and technology is exceptional."
