Alexis Ohanian Net Worth in 2024: Alexis Ohanian, the American internet entrepreneur and investor, is best known as the co-founder and executive chairman of Reddit. By 41, he’s built an impressive financial empire, not least thanks to his wife, tennis legend Serena Williams. Together, their combined wealth is staggering.
Ohanian met Steve Huffman at the University of Virginia, where he was studying commerce and history. After finishing up at UVA, they pitched their project, reddit.com, to Y Combinator in 2005. Reddit took off fast, and the duo sold it to Condé Nast a year later for about $20 million. In July 2015, Ohanian and Huffman returned to lead the now-independent Reddit but Alexis finally stepped back in 2020.
Alexis Ohanian’s Net Worth
Ohanian made some savvy investments in tech and through his venture capital firm, Initialized Capital, which alone oversees assets worth a staggering $3.2 billion. Although he’s no longer directly involved with Reddit, it’s estimated that he still holds approximately 5% of the company.
One of his best investment moves was putting $15,000 into Ethereum back in 2014. If he’s held onto that investment, it’s now worth well over $80 million.
Ohanian’s current net worth is pegged at around $150 million. Meanwhile, his wife Serena Williams has an estimated $300 million herself, giving them a combined net worth of over $450 million.
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Activism and Purpose-Driven Enterprises
Ohanian is a huge advocate for net neutrality and was instrumental in opposing the Stop Online Piracy Act (SOPA) and the PROTECT IP Act (PIPA), which were ultimately scrapped in 2012. He even launched a crowdfunding campaign to resist the FCC’s attempt to eliminate net neutrality.
He’s also a big believer in paid paternity leave. After the birth of his daughter, he wrote about his personal experience and announced plans to push for legislation on this issue in 2019.
Alexis Ohanian’s Other Ventures
Beyond Reddit and Initialized Capital, Ohanian has his hands in several other projects, often driven by a focus on social impact. He’s invested in various startups with purpose-driven missions and isn’t shy about publicly advocating for what he believes in.
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Serena Williams’ Husband and Reddit Co-founder Alexis Ohanian Undergoes Surgery After Cancer Scare
Alexis Ohanian, co-founder of Reddit and husband to tennis superstar Serena Williams, recently revealed that he underwent surgery after a cancer scare. The 41-year-old entrepreneur, married to Williams since 2017, took to Instagram on Thanksgiving (November 28) to share his experience.
Ohanian posted a selfie from the hospital, donning a blue gown and hair net, and detailed what led to the surgery in the caption:
“After tracking some suspicious nodules on my thyroid for the last four years, I recently got half of it surgically removed.”
FAQs about Alexis Ohanian Net Worth and Career
Ohanian made his fortune primarily through Reddit and Initialized Capital, his venture capital firm managing $3.2 billion in assets. He’s also invested in promising cryptocurrencies and various tech startups.
Although no longer directly involved in Reddit, it’s estimated that Ohanian retains about a 5% stake in the company.
As of 2024, Alexis Ohanian’s net worth is estimated to be around $150 million.
Together, Alexis Ohanian and Serena Williams have a combined net worth of over $450 million.
Ohanian is a strong advocate for net neutrality, paid paternity leave, and has supported various social impact startups and campaigns, including crowdfunding efforts against the FCC’s plans to remove net neutrality.
In conclusion, the “Alexis Ohanian net worth” story is not just about money. It’s about innovation, smart investments, and a drive to create meaningful change both in the tech world and society at large.
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