Bumble’s 31-Year-Old CEO Becomes a Rare Female Billionaire

Whitney Wolfe Herd’s stake in dating app worth $1.5 billion
Bumble one of three female-founded firms to IPO in past year

WATCH: Bumble CEO Whitney Wolfe Herd says she hopes female-led firms “will not be a rare headline.” (Source: Bloomberg)

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By Devon Pendleton and Benjamin Stupples

February 11, 2021 at 10:14 AM EST

Updated on

February 11, 2021 at 3:03 PM EST

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A company catering to women and led by women has made its 31-year-old female founder a billionaire.

Shares of Bumble Inc., the owner of the dating app where women make the first move, soared 67% in its trading debut to $72 at 1:03 p.m. in New York, valuing Chief Executive Officer Whitney Wolfe Herd’s stake at $1.5 billion.

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