The Russian Billionaire Cupid Behind Among The Biggest Relationship Apps In The Field

The Russian Billionaire Cupid Behind Among The Biggest Relationship Apps In The Field

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Andrey Andreev debuts in the Forbes World’s Billionaires List this as the mastermind behind year . [+] five successful dating apps.

Thanks to Badoo, Jude Edginton

Russian business owner Andrey Andreev can be as near to a modern-day cupid because it gets, but rather of shooting bows and arrows he’s using geolocation tools and recognition software that is facial.

He’s got helped build five successful online dating sites apps, including Badoo, the greatest app that is such the entire world, with 380 million individual sign-ups and counting. His designers built and manage the infrastructure for Chappy, an app that is dating homosexual males, and Huggle, a software that matches people according to the areas they frequent – in exchange for a cut of these apps’ earnings. Badoo comes with a 79% stake in Bumble, America’s fastest-growing online dating software, which sets the courtship in the possession of of females, since just Bumble’s feminine users will make the very first experience of a prospective date.

All this is sufficient to make Andreev, age 44, an area one of the world’s richest when it comes to first-time. Forbes estimates their fortune at $1.5 billion.

For an individual who built their profession around interactions and connections, Andreev kept an extremely low profile for years and had been hardly ever discussing into the press. Forbes Russia once called him “the most businessman that is mysterious the western.” But Andreev refutes that description.

“Any Russian who achieves such a thing away from Russia, it is a deal that is big” he informs Forbes, calling from London, where he lives and works. […]