Bumble Cofounder Becomes World’s Youngest Self-Made Girl Billionaire, As…

Whitney Wolfe Herd.

Getty Graphics for Fast Company

[Update 7 pm ET: Whitney Wolfe Herd finished a single day Thursday having a worth that is net of1.5 billion centered on Bumble stock closing at $70.55.]

Stocks of dating software Bumble soared with its IPO on Thursday, switching its 31-year-old CEO and founder Whitney Wolfe Herd in to the world’s youngest self-made girl billionaire. Her almost 12per cent stake when you look at the business had been well well well worth $1.6 billion at the time of 12:40 p.m. EST on Thursday.

Bumble stock launched at $76, greater than its IPO price that is initial of43 per share. The organization made its first hours following the areas started on Thursday.

Based on Bumble’s prospectus, Wolfe Herd has 21.54 million stocks, equal to 11.6percent for the business. Read more “Bumble Cofounder Becomes World’s Youngest Self-Made Girl Billionaire, As A Result Of IPO” →