There was little known of Reddit co-founder Alexis Ohanian before the news that he is married to women’s tennis superstar Serena Williams. Alexis is an investor and entrepreneur and known for co-founder and executive chairman of the social news website Reddit. He also co-founded early-stage venture capital firm Initialized Capital. We decided to check out the Reddit co-founder Alexis Ohanian’s Net Worth.
Alexis was born in Brooklyn, New York to an Armenian father and German mother. His grandparents moved to United States of America during the Armenian genocide. Ohanian went to to Howard High School in Ellicott City, Maryland. He graduated from the University of Virginia in 2005.
After he graduated in 2005, Alexis along with his friend pitched the MyMobileMenu idea to Y Combinator. The ideas was passed by the company, but said that they should come up with another idea that the company could potentially fund. Over here, they came up with the idea Reddit.com. It was the first batch of start-ups by Y-Combinator in the summer of 2005. It was later acquired by Conde Nast in 2006 for an undisclosed amount. However, it is said that they paid between $10 Million to $20 Million. in 2007, Alexis launched Breadpig, an “uncorporation” that produces geeky merchandise and the proceeds were given to the charity. However, he is no longer an active part of its day-to-day operations. Ohanian also took several other initiatives and is also a social media activist.
For those who aren’t familiar with Reddit, it’s an online forum and sharing platform that puts everyone’s opinions and thoughts out in the open. You can find anything from role-playing/gaming communities and fan clubs, to Reddit Ask Me Anything (AMA) forums held by various celebrities. It’s here that Ohanian gained most of his wealth as he co-founded one of the largest used sites on the Internet. The site is the number 12 ranked site in the U.S. and number 25 throughout the world.
It shouldn’t come as a surprise to anyone that despite the popularity of Reddit, Ohanian still doesn’t make nearly as much as his wife Serena Williams. The amount pales in comparison to Williams’ net worth. However, Alexis still makes millions and he’s quite rich.
So, what is Alexis Ohanian’s net worth? As per our estimate, Alexis Ohanian’s net worth in 2021 is approximately $40 Million.
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