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Alexis Ohanian Net Worth: A Real-Time Update on Richer Life!

As of August 2022, Alexis Ohanian’s net worth is expected to be about $40 Million.

Alexis Kerry Ohanian is an American Internet entrepreneur and investor from New York.

Ohanian’s main claim to fame is as the co-creator and current executive chairman of the popular social news website Reddit. In addition, he helped create the popular online travel agency Hipmunk.

Early Life

Ohanian, Alexis Kerry, entered the world on April 24, 1983, in Brooklyn, New York.

Ohanian was born to Anke and Chris Ohanian. His German mother was the offspring of an Armenian father. At his alma mater, “Howard High School,” in Ellicott City, Maryland, he was recognized for his academic prowess and given the honor of delivering the senior class’s commencement speech in 2001.

He joined the University of Virginia where he met Steve Huffman and obtained a degree in commerce and history. Attended Paul Graham’s “How to Start a Start-up” talk in Cambridge with Huffman, and it transformed his life.

Alexis Ohanian’s Net Worth and Salary:

Net Worth:$40 Million
Age:39
Born:April 24, 1983
Gender:Male
Height:1.96 m (6 ft 5 in)
Country of Origin:Canada
Source of Wealth:Entrepreneur
Last Updated:2022

American tech entrepreneur Alexis Ohanian has a $40 million fortune. As previously mentioned, he helped create the website Reddit. The fact that Ohanian is married to Serena Williams, the famous tennis player, also adds to his fame.

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Reddit:

alexis ohanian net worth

After finishing college, he started several successful Internet businesses. MyMobileMenu was originally a pitch that Ohanian and his friend Steve Huffman made to Y Combinator. The firm ultimately decided not to pursue the proposal, but they strongly suggested the pair come up with another one. Reddit, a news website where users publish and rate material, was launched by him and others in 2005. In the summer of 2005, Reddit was among the first group of companies accepted into Y Combinator. Conde Nast acquired it a year later for an undisclosed sum, perhaps between $10 and $20 million.

During his time on Reddit’s board of directors, Alexis was an integral part of the company’s operations. In July 2015, he and Huffman both came back to Reddit full-time to run the company as its own entity. Reddit co-founder Alexis Ohanian left the company in February 2018 to devote more time to investing. In addition to his resignation from the Reddit board on June 5, 2020, following the death of George Floyd, he requested to be replaced by a Black candidate. On June 10, 2020, Michael Seibel, a Black entrepreneur, joined the Reddit board of administrators.

In Other Businesses:

alexis ohanian net worth

Ohanian established the online charity organization Breadpig in 2007. The company locates or creates “geeky” products, markets them, and donates 100 percent of its proceeds to charities in need of financial support, such as the San Francisco Society for the Prevention of Cruelty to Animals and the Room to Read initiative, which is building a primary school in Laos. Since its inception in 2007, the website has raised nearly $150,000. He is no longer active in running Breadpig on a daily basis. Also, he directs marketing for the online travel agency Hipmunk. Ohanian established Das Kapital Capital in June 2010 to provide investment, advisory, and consultancy services to startups. Ohanian now serves as Y Combinator’s Eastern Ambassador. When he left Y Combinator in 2016, he had been a full-time partner there.

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Investments:

Ohanian co-founded Initialized Capital in 2010 and has already put more than $500 million into firms like Instacart, Opendoor, Zenefits, and Cruise through initial investments. In 2014, CB Insights ranked Ohanian as the most central investor in terms of networks. In 2019, Alexis’s company, Initialized Capital, invested $3 million in the childcare tech startup Kingside.

Other Ventures:

alexis ohanian net worth

Ohanian and Lester Chambers, from the band The Chamber Brothers, launched a Kickstarter in December 2012 with the goal of recording a new album named “Lester’s Time Has Come.” More than $61,000 was made. Ohanian used the crowdfunding website Tilt.com to collect $12,244 for the organization Black Girls Code two years later.

As of October 1, 2013, Ohanian’s book “Without Their Permission: How the 21st Century Will Be Made, Not Managed” was available for purchase. The Wall Street Journal placed it at number four on their list of best-selling books. In the same year, Ohanian launched a weekly online series for The Verge titled “Small Empires with Alexis Ohanian.”

Ohanian collaborated with adolescent activist Rayouf Alhumedhi in 2017 to lobby Apple to include a hijab emoji in its keyboard. Alexis assisted in setting up an AMA for Alhumedhi so she could defend her proposal and answer questions from the public. Apple’s hijab emoji debuted on July 17, 2017.

Three podcasts by Alexis have been released: NYRD Radio in October 2014, Upvoted in January 2015, and Business Dad in January 2020.

Activism:

alexis ohanian net worth

It’s no secret that Ohanian is an ardent advocate for internet neutrality and free and open access. Ohanian has been an outspoken opponent of two anti-piracy bills since at least2010. In 2010, he spoke out against the Stop Online Piracy Act, and in 2011, he opposed the Senate’s PROTECT IP Act. By testifying before Congress, helping kick off nationwide anti-SOPA/PIPA protests in 2012, and speaking at the NY Tech Meetup rally in New York, Ohanian led an Internet-enabled campaign that ultimately resulted in the bills’ rejection.

Additionally, Ohanian joined forces with Reddit General Manager Erik Martin and set out on the Internet 2012 Bus Tour from Denver, CO, to Danville, KY, advocating for an open Internet during the Presidential and Vice Presidential Debates. The Daily Dot recognized Alexis as the most significant activist of 2012 due to his advocacy for more open access to the internet. His Internet leadership earned him the title “Mayor of the Internet” from Forbes Magazine.

Ohanian began lobbying the FCC in favor of net neutrality in May of 2014, and on January 15, 2015, he held a day-long phone-a-thon with the FCC and Congress to express his support for the issue. Tilt.com was used by Ohanian to promote his crowdfunding initiative “Save Net Neutrality: Billboard in FCC’s Backyard,” which was a protest against the FCC’s plans to repeal net neutrality.

Ohanian is a staunch supporter of nationwide paid paternity leave. After his wife almost died giving birth to their daughter, he found himself taking on the role of primary caregiver and wrote about his experience in the New York Times. He declared his intent to lobby Congress for federal paid family leave in June of 2019.

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Private Life:

alexis ohanian net worth

Reports surfaced in October 2015 suggesting Alexis was secretly dating tennis great Serena Williams. After keeping their relationship private for a year and a half, Serena and Alexis announced their engagement on December 29, 2016. Their daughter was born in September 2017, and they tied the knot in November of the same year.

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