The Russian Billionaire Cupid Behind Among The Biggest Relationship Apps In The Entire World
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Andrey Andreev debuts in the Forbes World’s Billionaires List this 12 months whilst the mastermind behind . [+] five successful dating apps.
Thanks to Badoo, Jude Edginton
Russian business owner Andrey Andreev can be near to a modern-day cupid since it gets, but alternatively of shooting bows and arrows he’s using geolocation tools and facial recognition pc software.
He’s helped build five successful online dating sites apps, including Badoo, the greatest app that is such the whole 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, an software that matches people according to the places they frequent – in exchange for a cut of the apps’ earnings. Badoo also offers a 79% stake in Bumble, America’s fastest-growing online dating software, which places the courtship in the hands of ladies, since just Bumble’s feminine users could make 1st 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 time that is first. Forbes estimates their fortune at $1.5 billion.
For a person who built their job around interactions and connections, Andreev kept a tremendously low profile for years and ended up being seldom discussed within 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 outside of Russia, it is a huge deal,” he informs Forbes, calling from London, where he lives and works. “This is excatly why they called me personally mystical. I’m not mystical. We are now living in London and folks see me personally every time — nothing mystical right here.”
He’s come a way that is long Moscow, where he had been created. Their real title is Andrey Ogandzhantyants, and both their moms and dads had been boffins. (more…)