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The Russian Billionaire Cupid Behind Among The dating that is biggest 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 apps that are dating.

Thanks to Badoo, Jude Edginton

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

He has got helped build five successful internet dating apps, including Badoo, the greatest such application in 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 guys, and Huggle, an application that matches people according to the areas they frequent – in exchange for a cut of these apps’ earnings. Badoo also offers a 79% stake in Bumble, America’s fastest-growing online dating software, which sets the courtship in the possession of of ladies, since just Bumble’s female users will make the very first experience of a date that is potential.

All this is sufficient to make Andreev, age 44, an area among the list of world’s richest for the very first time. Forbes estimates their fortune at $1.5 billion.

For somebody who built their job around interactions and connections, Andreev kept a tremendously low profile for years and ended up being hardly ever discussed when you look at the press. Forbes Russia once called him “the most mystical businessman in the western.” But Andreev refutes that description.

“Any Russian who achieves any such thing away from Russia, it is a deal that is big” he informs Forbes, calling from London, where he lives and works. “This is excatly why they called me personally mystical. I’m maybe perhaps maybe not mystical. We reside in London and folks see me personally every nothing mystical right here. day”

He’s come a way that is long Moscow, where he had been born. Continue reading