Whitney Wolfe Herd Photograph:( AFP )
The dating app which gives a woman the upper hand earlier raised USD 2.2 billion in an initial public offering
Whitney Wolfe Herd, at 31 has become a billionaire after her dating company Bumble's market debut saw a 67 per cent jump in shares on Thursday,
On Thursday at 01:03 pm in New York, the dating app's shares soared 67 per cent to debut at USD 72 on the Nasdaq, taking Herd's stake at USD 1.6 billion.
"Hopefully this will not be a rare headline," the CEO told Bloomberg after stamping her name in the high-profile list.
The dating app which gives a woman the upper hand earlier raised USD 2.2 billion in an initial public offering.
"It's the right thing to do, it's a priority for us and it should be a priority for everyone else," she said on company's unique women-led management.
Bumble is among a number of Silicon Valley tech startups, which are seeking to capitalise on record-breaking demand for new shares on US markets.
The company was founded in 2014 by Herd, who is also the co-founder of rival app Tinder.
She left Tinder 2014 and sued the co-founders of the company over sexual harassment.
Match Group Inc, Tinder's parent ground, denied the allegations but paid nearly USD 1 million to settle the issue.