Andrey Andreev

$2.64 B

Ranked #1603 in World

About Andrey Andreev

Andrey Andreev, a British-Russian tech magnate, transformed social and dating interactions globally with Badoo, Bumble, and additional platforms under MagicLab. From virus-selling beginnings in 1995 to joining the billionaire ranks in 2018 with a net worth of $2.0 billion, Andreev's portfolio expanded rapidly. Badoo soared to 425 million users, while Bumble, launched with Whitney Wolfe, hit $1 billion in value. His latest venture, Stereo, ventures into social audio, leveraging his expertise and tech acumen.

Born

February 03, 1974 in Moscow, Russia

Age

52 years

Source Of Wealth

Online Dating

Industries

Technology

Citizenship

United Kingdom

Residence

London

Andrey Andreev, born Andrey Vagnerovich Ogadzhanyants on February 3, 1974, hails from Russia. In 1992, he relocated to Valencia, Spain, to pursue management studies but abandoned them in 1995 to embark on his entrepreneurial journey with his first venture, Virus.

Andrey Andreev: Family

Information about Andrey Andreev's family background and personal relationships is not publicly available.

Andrey Andreev: Career Highlights

Andrey Andreev has a remarkable track record of founding and developing successful tech companies, particularly in the dating and social networking space. His notable career highlights include:

Founded Virus, an online store for computers and accessories, in 1995 and sold it in 1997.
Founded SpyLog, a web-tracking business, in 1999 and sold it in 2001.
Founded Begun, a digital advertising firm, in 2002 and sold the majority share in 2003, followed by his remaining stake in 2004.
Founded Mamba, a freemium, desktop-based dating site, in 2004 and sold his stake in 2006.
Launched Badoo, a social networking and photo-sharing app, in 2006, which later pivoted to dating.
Launched Bumble, a women-focused dating app, in 2014.
Launched MagicLab, a holding company for dating and social networking apps, in 2019.
Launched Stereo, a social audio app, in 2020.

Andrey Andreev: Companies

Andrey Andreev has founded and been involved with several companies throughout his career, including:

Virus
SpyLog
Begun
Mamba
Badoo
Bumble
MagicLab
Stereo

Andrey Andreev: Major Achievements

Andrey Andreev's major achievements include:

Building Badoo into one of the world's largest dating apps, with over 425 million registered users globally.
Launching Bumble, a successful women-focused dating app that was valued at over $1 billion in 2017.
Establishing MagicLab as a leading holding company for dating and social networking apps.
Making a significant contribution to the restoration of the Notre Dame Cathedral in Paris after the fire in 2019 by committing 100% of Badoo's revenue to the cause.

Andrey Andreev: Awards & Achievements

Andrey Andreev has received numerous awards and accolades for his entrepreneurial success, including:

Ernst & Young Entrepreneur of the Year Award in 2012
Forbes' list of global billionaires in 2018
Named one of the "50 Most Influential People in Tech" by Business Insider in 2019

Andrey Andreev: Personal Life & Legacy

Andrey Andreev is known for his passion for cooking and has contributed dishes to the menus of his favorite restaurants. He became a British citizen in 2008. His legacy lies in his significant contributions to the tech industry, particularly in the field of online dating and social networking.

Andrey Andreev: Trivia

Andrey Andreev's original surname, Ogadzhanyants, is of Armenian origin.
He is fluent in Russian, English, and Spanish.
Andreev is an avid traveler and has visited over 100 countries.
He is a supporter of various charitable causes, including education and environmental protection.

Wealth History

Timeline

1974-02-03

Andrey Andreev is born in Russia.

1992

Andreev moves to Valencia, Spain, to study management.

1995

Andreev drops out of university and founds Virus, an online store selling computers and accessories.

1997

Andreev sells Virus.

1999

Andreev founds SpyLog, a web-tracking business.

2001

Andreev sells SpyLog.

2002

Andreev founds Begun, a digital advertising firm.

2003

Andreev sells the majority share in Begun.

2004

Andreev sells his remaining stake in Begun and founds Mamba, a freemium, desktop-based dating site.

2006

Andreev sells his stake in Mamba and launches Badoo, a social networking and photo-sharing app.

2008

Andreev becomes a British citizen.

2014

Andreev contacts former Tinder marketing executive Whitney Wolfe and offers her a role at Badoo, which she declines.

December 2014

Andreev launches Bumble, a women-focused dating app, with Wolfe as founder and CEO.

2018

Andreev makes the Forbes' global list of billionaires for the first time.

2019

Andreev launches MagicLab, a holding company for dating and social networking apps including Badoo, Bumble, Lumen, Chappy, and Hot or Not.

April 2019

Andreev commits 100% of Badoo's revenue to restore the Notre Dame Cathedral in Paris after the fire.

November 2019

Andreev sells his shares in MagicLab to Blackstone Group, making them the majority owner of MagicLab.

2020

MagicLab is renamed to Bumble as the parent company of both Bumble and Badoo.

2020

Andreev launches Stereo, a social audio app.

Andrey Andreev : FAQs

What is Andrey Andreev's current net worth?

Andrey Andreev's current net worth is $2.64 billion.

What is Andrey Andreev's current global rank among billionaires?

Andrey Andreev holds the 1603rd position globally among billionaires.

What is Andrey Andreev's current ranking within the United Kingdom?

Andrey Andreev holds the 30th position in United Kingdom.

What was the change in Andrey Andreev's net worth compared to the previous year?

Andrey Andreev's net worth increased by 577.51 million dollars compared to the previous year 2025, when his net worth was 2.06 billion dollars.

What are Andrey Andreev's main sources of wealth?

Andrey Andreev's main source of income comes from Online Dating.

In which industry does Andrey Andreev primarily operate?

Andrey Andreev is primarily involved in the Technology industry.

How old is Andrey Andreev?

Andrey Andreev is 52 years old.

Who is Andrey Andreev and what are his notable startups?

Andrey Andreev is a multinational tech entrepreneur known for founding several popular dating and social networking apps, including Bumble, Badoo, SpyLog, Mamba, and Begun.

What was Andrey Andreev's first business, and what is his background?

Andrey Andreev's first business was Virus, an online store for computers and accessories, founded in 1995. He was born in Russia as Andrey Vagnerovich Ogadzhanyants, and became a British citizen in 2008.

How did Andrey Andreev contribute to the founding of Bumble?

Andrey Andreev played a critical role in the founding of Bumble by contacting former Tinder executive Whitney Wolfe, providing funding, access to Badoo's infrastructure, and overseeing operations, which led to the launch of the women-focused dating app in December 2014.

What is Badoo, and what innovative features did it introduce?

Badoo is a social networking and photo-sharing app that pivoted to dating with the advent of the iPhone. It introduced paid features like 'rise up' and 'lookalike' and committed significant revenue to restore the Notre Dame Cathedral after the 2019 fire.

What is MagicLab, and what happened to it after Andrey Andreev sold his shares?

MagicLab was a holding company launched by Andrey Andreev in 2019, containing apps like Badoo and Bumble. After selling his shares to Blackstone Group in November 2019, MagicLab was renamed to Bumble in 2020, and Blackstone became the majority owner.