Billionaire Profile

Global Rank

#1891

Image: Public domain | via Wikimedia Commons

Andrey Andreev

CEO, Badoo

Real-Time Net Worth

$2.1B

As of December 2025

Age

Source

Online dating

Industry

technology

Citizenship

Biography

Andrey Andreev is a Russian-born British tech entrepreneur, celebrated for his pioneering work in the online dating industry. With a current estimated net worth of $2.1 billion, Andreev is best known as the founder of Badoo, one of the world's largest dating apps, and for his significant role in the creation of Bumble. His career has been marked by a series of successful ventures and a focus on innovation within the technology sector. Andreev's wealth source is primarily from the online dating industry. He is known for his career in early entrepreneurship and is a leader in the tech industry.

Wealth Over Time

Portfolio Holdings

Bumble

In-Depth Profile

Early Life

Andrey Vagnerovich Ogadzhanyants, now known as Andrey Andreev, was born on February 3, 1974, in Moscow, Russia. From a young age, Andreev displayed a keen interest in technology, even building his own radio as a preteen. In 1992, he moved to Valencia, Spain, and later became a British citizen in 2008.

Rise to Success

Andreev's entrepreneurial journey began with several ventures before he became a prominent figure in the online dating industry. He founded Virus, an online store for computers, and SpyLog, software to track website visitors. In 2006, he launched Badoo, which quickly became a global leader in social networking and dating. Andreev then founded MagicLab, a holding company which included Badoo and Bumble.

Key Business Strategies

Andreev's strategies have focused on innovation in the dating app space, including features like the "swipe" function and the idea of women making the first move. He has also been successful in creating a strong company culture. In 2019, Andreev sold MagicLab to Blackstone for a valuation of $3 billion.

Philanthropy

Andreev committed 100% of Badoo's revenue to restore the Notre Dame Cathedral in Paris following the fire in April 2019.

Career Milestones

1995

Founded Virus

An online store selling computers and accessories in Russia.

1999

Founded SpyLog

Software for tracking website visitors.

2002

Founded Begun

Digital advertising firm.

2004

Founded Mamba

Freemium, desktop-based dating site.

2006

Launched Badoo

Social networking and photo-sharing app, later focused on dating.

2014

Launched Bumble

Women-focused dating app, with Whitney Wolfe Herd as co-founder.

2019

Sold MagicLab

Sold his shares to Blackstone Inc., valuing the company at $3 billion.

2020

Launched Stereo

Social audio app.

Philanthropy & Social Impact

Cultural Preservation

Notre Dame Cathedral Restoration

N/A

Committed 100% of Badoo's revenue to restore the Notre Dame Cathedral following the fire in 2019.

Business Philosophy & Leadership

Notable Quotes

""Any Russian who achieves anything outside of Russia, it's a big deal.""

Leadership Principles

Innovation

Continuously seeking new ways to improve the user experience in the dating app space.

Empowerment

Giving women more control in the dating process, as demonstrated by Bumble.

Controversies & Challenges

2019

Workplace Culture Allegations

A Forbes investigation reported allegations of a toxic work environment at Badoo's London headquarters, including tax avoidance, misogyny, and inappropriate behavior.