Whitney Wolfe Herd has been included on the Forbes Billionaires List for the first time, after Bumble’s successful IPO saw her valuation climb to ten figures.
The annual ranking documents the richest people in the world and, despite the pandemic damaging economies across the world, the 2021 edition had more entries than ever before.
660 new individuals, 63 of which were women, became billionaires over the past 12 months, taking the total to 2,755.
The Bumble founder and CEO is ranked 2,263rd with a net worth of approximately $1.3 billion. The majority of her fortune stems from her 11.6% stake in the dating company which was added to the Nasdaq market just before Valentine’s Day.
At just 31 years old, Wolfe Herd is the fifth youngest female billionaire. She was also recognised as the youngest female CEO to take her company public.
Forbes estimated her net worth to be $290 million in 2019 and named her as the 39th richest self-made woman the following year.
There was a strong challenge from Tesla CEO Elon Musk, but Jeff Bezos ended the period as the richest person in the world. His valuation of $177 billion was enough to see him top the list for the fourth consecutive year.
Bezos is due to step down from his position as Amazon CEO later on in 2021, so there could be an opportunity for a new person to claim the number one spot.
View the full list here.