Alexis Ohanian: The Entrepreneur’s Fortune
How rich is Alexis Ohanian?
Alexis Kerry Ohanian was born in the USA in 1983. The New Yorker gained fame as one of the founders of the social news aggregator Reddit, which he founded in 2005. He recently resigned as CEO of the company in protest – leaving his position to a black successor. Alexis Ohanian is married to tennis superstar Serena Williams. As an entrepreneur and investor, the New Yorker has worked his way up to a millionaire. The cherished Alexis Ohanian’s net worth is € 60 million.
Origin and education
Young Alexis is descended from immigrants. His mother was born in Germany and his father is from Armenia. Ohanian’s grandparents fled the Armenian genocide and ended up in the United States. Alexis Ohanian was born in Brooklyn. First he attended Howard High School in Ellicot City in Mariland. He later graduated from the University of Virginia in 2005 – Early on in his studies, his focus was on business and the Internet. Here the technology entrepreneur laid the foundation for his later professional success.
The creation of Reddit
After graduating from college, Ohanian moved with friends in the start-up environment. The young Americans wanted to make a name for themselves in the Internet business with various ideas. With the co-founding of Reddit, the project was crowned with success. Reddit is a social media website where users post different content. In 2015, Alexis Ohanian returned to Reddit to lead the company back to success. In 2020 he retired from the company’s board of directors to hand over the reins to a black successor in the wake of the protests over the death of George Floyd – a strong sign of the protest.
Investments and companies
Alexis Ohanian is a passionate entrepreneur. For example, he founded Breadpig in 2007. All of the company’s profits go to animal welfare organizations. Since 2010, Ohanian has been the Marketing Director of Hipmunk, an online travel agency.
He also founded the investment fund Intialized Capital. With his venture capital fund, the American focuses on that Support of start-ups. Alexis Ohanian invested, for example, with his investment fund in the cloud software start-up Zenefits, the food supplier Instacart or the trading platform for crypto currencies Coinbase.
In addition to his investments and stakes in companies, part of his fortune comes from the proceeds of his book. In 2013, Ohanian released the Book “Without their permission: how the 21st Century will be made, not managed”.
Alexis Ohanian & Serena Williams
In his private life, the entrepreneur has been in a relationship with tennis star Serena Williams since 2015. At the end of 2016, the two announced their engagement. The wedding followed almost a year later, after their daughter Alexis Olympia was born in September 2017. Together with his Alexis Ohanian’s family lives in a Beverly Hills mansion worth more than $ 5 million.
The native New Yorker is also known as an activist. He is committed to various topics – the Internet should remain an open and neutral place. He also vehemently advocates the rights of the black population. His resignation from the Reddit board was a visible signal.
Alexis Ohanian does not only use his wealth wisely in his investments. In addition he regularly donates money to charity. In 2015, Alexis Ohanian and other tech entrepreneurs donated over $ 1.75 million to the Coalition for Queens. This is committed in the New York borough of Queens and teaches adults in need technical skills so that they have a chance at work.
Cover picture: TechCrunch [CC BY 2.0], via Wikimedia Commons
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