Alexis Ohanian Net Worth: How Did He Make His Wealth?

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Alexis Ohanian Net Worth
Alexis Kerry Ohanian is an online entrepreneur and investor from the United States. He is most known for co-founding and serving as the executive chairman of the social media site Reddit alongside Steve Huffman and Aaron Swartz. Alexis has always been a supportive spouse, and he made sure to be present for Serena Williams throughout the US Open. Let’s take a look at the net worth of Alexis Ohanian and his job in the midst of their fantastic love.

Alexis Ohanian: Parents, Education & Early-stage Tech Investing

Alexis Kerry Ohanian was born in New York City. Ohanian is the son of Anke and Chris Ohanian. After the Armenian genocide, his paternal grandparents fled to the United States as refugees. Ohanian was born in Germany. In 2001, he graduated from Howard High School in Ellicott City, Maryland, and delivered a student speech.
He enrolled at the University of Virginia, where he met Steve Huffman and earned a bachelor’s degree in commerce and history. His destiny was altered when he traveled to Cambridge with Huffman to hear Paul Graham speak on “How to Start a Startup.”
In 2010, Ohanian co-founded Initialized Capital, which made seed investments in companies such as Instacart, Zenefits, Opendoor, and Cruise. It has managed three funds totaling more than $500 million. CB Insights studied all tech investors in 2014 and ranked Ohanian first for network centrality.
That is the breadth of relationships an investor has with other investors in the ecosystem, as well as the quality and depth of those linkages. In 2019, Ohanian invested $3 million in Kinside, a childcare start-up, through Initialized Capital. Ohanian also funded $4 million in Dispo (David’s Disposable) in 2020.
Ohanian invested $10 million in social company pearpop in a Series A round in April 2021, alongside $6 million from other investors such as Bessemer Venture Partners, Sound Ventures, Slow Ventures, and other celebrities.
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Are Serena Williams and Alexis Ohanian Still Married?

Williams invited Ohanian to meet her in Paris for the French Open, and they went on their first date. At the end of 2016, Ohanian proposed at the same hotel where they met in Rome, and in 2017, they welcomed Alexis Olympia Ohanian Jr. in September and married in November in New Orleans.
Alexis Ohanian Net Worth
Alexis Olympia Ohanian, their daughter, was born on September 1, 2017, in West Palm Beach, Florida. Ohanian and Williams married in New Orleans on November 16, 2017. According to Ohanian, “seeing Williams compete has impacted how he views success in business.” Ohanian and Williams gifted their daughter the Qai Qai doll, which has gone viral on social media.

 

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What Is The Net Worth Of Alexis Ohanian?

Alexis Ohanian is a $40 million dollar-worth American technology entrepreneur, according to Celebrity Net Worth. He is also a co-founder of Hipmunk, a travel search website. Ohanian is best known as the co-founder and CEO of the social news website Reddit. Ohanian is also well-known for her marriage to tennis player Serena Williams.

Alexis Ohanian Net Worth

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How Did Alexis Ohanian Make His Wealth?

Alexis launched multiple digital firms after graduating from college. He collaborated with Steve Huffman to establish MyMobileMenu in collaboration with Y Combinator. However, the project was rejected. Alexis then went on to create the Reddit platform, which he launched in 2005 as “The Front Page of the Internet.”

Reddit was one of the first firms to emerge from Y Combinator’s incubation program in 2005. Conde Nast eventually purchased the site for between $10 million and $20 million in 2007. Alexis stayed on Reddit’s board of directors before returning to the company full-time in 2015 to reclaim control.

In 2018, Ohanian chose to leave Reddit in order to focus on his investments. In response to the murder of George Floyd in 2020, he notably resigned from the Reddit board, urging that his replacement be an African American. Michael Seibel, an African American entrepreneur, was nominated by the board as his successor in June 2020.

Alexis Ohanian Net Worth

In 2007, the tech giant founded “BreadPig.” The website sells unique and unusual products and donates its proceeds to charitable causes. In June 2010, Alexis will also create “Das Kapital Capital,” a business specializing in startup training, advice, and consultancy.

In 2010, Alexis co-founded Initialized Capital, which grew investments in companies such as Opendoor, Instacart, Cruise, and Zenefits, seeding over $500 million into these businesses. Alexis is also featured on three podcasts. In 2014, he created NYRD Radio, followed by Upvoted in 2015 and Business Dad in 2020.

Honors and Awards

Ohanian was selected to Forbes’ “30 Under 30” list in 2011 and 2012 as a key person in the technology business. Alexis Ohanian and Erik Martin were named “champions of innovation” in Wired’s 20th-anniversary edition in 2013.
Ohanian was selected to Crain’s “40 Under 40” list for business in 2015. He was named one of Fast Company’s “Most Creative People in Business” in 2016. Ohanian delivered the Commencement address for The Johns Hopkins University Class of 2020 on May 21, 2020.

Activism

Ohanian is a strong proponent of net neutrality and the free internet. Ohanian came out against the Stop Online Piracy Act and the Senate’s PROTECT IP Act in 2010 and 2011. The two measures were finally defeated owing to an Ohanian-led Internet-enabled campaign—he talked to Congress, helped initiate nationwide anti-SOPA/PIPA protests in 2012, and spoke at the New York Tech Meetup march.
Ohanian also joined Reddit General Manager Erik Martin on the Internet 2012 Bus Tour, which ran from Denver, CO to Danville, KY, advocating for an open Internet during the Presidential and Vice Presidential debates.
The Daily Dot ranked Alexis first among the top ten most influential activists of 2012 in reaction to his open internet campaigning. Forbes Magazine has dubbed him “Mayor of the Internet.”
Ohanian urged the FCC to defend net neutrality in May 2014, culminating in a day-long phone call to the FCC and Congress on January 15, 2015. Ohanian used Tilt.com to create “Save Net Neutrality: Billboard in FCC’s Backyard,” a crowdsourcing campaign against the FCC’s proposals to repeal net neutrality.
Conclusion
Alexis Ohanian’s net worth is projected to be over $40 million as of September 2022. Alexis Kerry Ohanian is a New York-based Internet entrepreneur and investor. Ohanian is a full supporter of net neutrality and internet access. Ohanian came out against the Stop Online Piracy Act and the Senate’s PROTECT IP Act in 2010 and 2011.

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