Whitney Wolfe Herd’s net worth had created a lot of buzz over the internet. That is why people were curious about Wolfe’s net worth. Whitney Wolfe Herd is an entrepreneur from the United States. She is the creator and CEO of Bumble, a publicly-traded online dating company that was founded in 2014. She was also the vice president of Tinder’s marketing department previously. Whitney Wolfe, better known as Wolfe Herd, was born in Salt Lake City, Utah, in July 1989. Kelly Wolfe, a devout Catholic, and Michael Wolfe, a wealthy real estate developer, were her parents. Wolfe Herd received her education at Judge Memorial Catholic High School. The family took a break in Paris, France, when Whitney was in fourth grade.
She began a business selling bamboo tote bags to aid places affected by the BP oil spill while still in college, at the age of 20. Wolfe Herd teamed up with celebrity stylist Patrick Aufdenkamp to form the “Help Us Project,” a non-profit organization. After celebrities like Rachel Zoe and Nicole Richie were spotted wearing the bags, they got national attention. Soon after, she and Aufdenkamp launched a second company, “Tender Heart,” which is a clothing brand dedicated to raising awareness about human trafficking and fair trade. Wolfe Herd headed to Southeast Asia after graduation to help with orphanages. So, if you’re ready, let’s get started and learn more about Whitney Wolfe Herd’s career, earnings, and other accomplishments.
What Is Whitney Wolfe Herd’s Net Worth?
Whitney Wolfe Herd is an American entrepreneur with a net worth of $1.5 billion as of 2022. When Bumble went public on February 11, 2021, Whitney’s net worth officially surpassed $1.5 billion for the first time. She became the world’s youngest self-made billionaire, trailing only Susan Wojcicki, Lisa Su, Lynsi Snyder, and Marillyn Hewson (Lockheed Martin) in terms of female CEO net worth. She was the youngest CEO to ever lead a firm to an IPO, having done it at the age of 31.
Whitney went on to become the vice president of marketing at Tinder, where she also came up with the app’s name. Whitney left Tinder in the year 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. After that, Whitney teamed up with Andrey Andreev, the founder of Badoo, to launch Bumble, a dating app. Whitney 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’s Professional Life
Whitney Wolfe began her first business while still in college, at the age of 19. She began producing bamboo tote bags after the BP oil spill to aid those affected by the disaster. Wolfe teamed up with celebrity stylist Patrick Aufdenkamp to form the Help Us Project, a non-profit organization. Whitney’s humanitarian initiative, Help Us Get Cleaned Up, became well-known after Nicole Richie and Rachel Zoe were photographed carrying Wolfe’s bags. Wolfe began her career at Hatch Labs, a Los Angeles-based startup incubator, when she was 22 years old.
She began helping the group that was developing an online dating app by spreading her expertise to other departments. It flourished tremendously with Wolfe’s support and is now as well-known as Tinder. Whitney was a co-founder of the dating app and served as the vice-president of marketing for Tinder for two years. Wolfe Herd traveled to Austin, Texas, in December 2014 to start Bumble, a female-focused dating app. In addition, Chappy, a gay dating app established in the United Kingdom, was co-founded by Jack Rogers, Max Cheremkin, and Ollie Locke and is primarily sponsored by Bumble and Wolfe Herd. Chappy, like Bumble, was majority-owned by Andrey Andreev and created under the Badoo group’s umbrella. The app was decommissioned in 2020.
More About Whitney Wolfe Herd
Whitney wants to keep assisting people after her success with the Help Us Project. She packed her belongings and headed to Southeast Asia after graduating from college. She became connected with a few local orphanages and spent her time there striving to improve the children’s living conditions. While during a skiing trip in Aspen, Colorado, Herd met her husband, Michael.
Michael Herd is the lovely grandson of Bob Herd, the founder of Herd Producing Company, Inc., a Texas-based oil and gas company. He is currently the company’s vice president, overseeing approximately 400 oil wells in Louisiana and East Texas. The couple tied the knot in the year 2017 and had their first kid two years later. Wolfe will continue to be an inspiration for not only female entrepreneurs but also anyone attempting to overcome severe hurdles as Bumble’s value rises.