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Bumble founder Whitney Wolfe Herd received $125M payout in 2019


REVEALED: Bumble founder and CEO Whitney Wolfe Herd received a $125M payout ahead of its upcoming IPO
Bumble founder and CEO Whitney Wolfe Herd s payout was revealed in an regulatory filing ahead of the company s initial public offering 
She received the cash when the company reorganized after private equity firm Blackstone purchased a majority in 2019 
The filing also showed that Bumble loaned $119million to a limited partnership controlled by Wolfe Herd, called Beehive Holdings III, in January 2020
That loan was paid back in full plus interest earlier this month 
Wolfe Herd, 30, landed at number 39 on Forbes list of America s richest self-made women last year, with a net worth of $500billion ....

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