What is Alexis Ohanian Net Worth? [Updated 2022]

Alexis Kerry Ohanian is an American Internet entrepreneur and investor from New York. Alexis co-founded Reddit with Steve Huffman and Aaron Swartz in 2005.

In this piece, we take a closer look at how he got his money and what he has been up to.

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Table of Contents

Who is Alex Ohanian?

Alexis Kerry Ohanian was born on the 24th of April, 1983, in Brooklyn, New York.

He is the latest in a series of influential personalities and their net worth that we’ve been taking a look at. Others we’ve profiled include Graham Stephan and Sophie Howard.

Alexis Ohanian’s net worth is estimated to be about $70 million.

Ohanian is the son to Anke and Chris Ohanian. His mother was born in Germany, and his father Chris Ohanian was of Armenian descent who confirmed his nationality to be American.

Education

He graduated from Howard High School in Ellicott City, Maryland, where he was a bright student and was chosen to give the graduate student address of his class in 2001.

He joined the University of Virginia where he met his friend Steve Huffman and completed a degree in commerce and history. His destiny changed when he visited Cambridge with Huffman to attend a lecture by Paul Graham on “How to Start a Start-up.”

Personal life

On December 29, 2016, Ohanian became engaged to tennis player Serena Williams. Their daughter, Alexis Olympia Ohanian jr, was born on September 1, 2017. Alexis Ohanian is Serena Williams husband, they married in November 16, 2017, in New Orleans. Ohanian has said that “watching Serena Williams compete has changed how he measures success in business.

Alexis Ohanian and Serena Williams gave their daughter a doll, called Qai Qai, which has become famous on social media. While Serena Williams net worth is estimated worth over a staggering $100 million, Alexis Ohanian hasn’t done too shabbily for himself. Their joint net worth is about $200 million.

Alexis Ohanian Activism

Ohanian is a passionate supporter of net neutrality and keeping the internet open. In 2010 and 2011, Ohanian spoke out against Congress’s Stop Online Piracy Act, as well as the Senate’s PROTECT IP Act.

In response to his open internet activism, The Daily Dot named Alexis No. 1 on their top ten most influential activists of 2012. Forbes Magazine also awarded him the moniker Mayor of the Internet.

In May 2014, Ohanian lobbied the FCC to support net neutrality, which culminated on January 15, 2015 in a day-long phone-a-thon into the FCC and Congress. Ohanian utilized Tilt.com to launch “Save Net Neutrality: Billboard in FCC’s Backyard,” a crowdfunding campaign that protested the FCC’s plans to eliminate net neutrality.

Advocate for paternity leave

Ohanian is also a fierce advocate for universal paid paternity leave. He wrote about his experience in the New York Times following his daughter’s birth after his wife nearly died while giving birth and he found himself in the position of the main caretaker for his family.

In June 2019, he announced plans to bring a pledge of federal paid family leave legislation to lawmakers on Capitol Hill.

Alexis Ohanian net worth

From the very early days of his career, he had excellent skills, and it was due to those skills of his, he was able to achieve so much success in his career.

After college, Alexis founded several tech startups. He teamed up with Steve Huffman to create My Mobile Menu in partnership with Y Combinator, but the company ended up passing on the proposal. Alexis went on to build the social news website Reddit platform, launching it in 2005 as “The Front Page of the Internet.”

Reddit was one of the first startups in Y Combinator’s 2005 incubator program. Conde Nast ended up purchasing the site for somewhere between $10 million to $20 million in 2007. Alexis remained at Reddit with a seat on the board of directors, returning to the company full-time in 2015 to take back control of the company.

Alexis Ohanian decided to step back from Reddit in 2018, choosing to focus on his investments instead. He also famously resigned from the Reddit board, requesting his replacement be an African American in response to the killing of George Floyd in 2020.

The board named Michael Seibel, an African American entrepreneur, as his successor in June 2020. The tech titan went on to found “BreadPig” in 2007. The site markets cool and quirky gadgets, donating its profits to charitable organizations.

Alexis Ohanian has multiple investments spread over a decade-and-half and sits on boards of several companies.

While Alexis Ohanian has some regret over letting go of his brain-child at such an early stage, one thing is clear: if he had held on to his shares, Alexis Ohanian net worth would surely be a few hundred million dollars by now, given Reddit’s latest valuation being pegged at a net worth of $6 billion.

Investments

In 2010, Ohanian co-founded Initialized Capital and made seed investments in startups including Instacart, Opendoor, Zenefits, and Cruise, with a net worth totaling over $500 million. Ohanian was ranked number one investor for network centrality in 2014 by CB Insights. Alexis invested $3 million in childcare startup Kinside in 2019, also under his company Initialized Capital.

Other Ventures

Ohanian teamed up in December 2012 with Lester Chambers of The Chamber Brothers to launch a Kickstarter with the intention to make a new album entitled “Lester’s Time Has Come” It raised over $61,000. Two years later, Ohanian raised $12,244 for the non-profit Black Girls Code on Tilt.com.

Published Works

Ohanian published a book, “Without Their Permission: How the 21st Century Will Be Made, Not Managed,” on October 1, 2013. It ranked #4 on the Wall Street Journal best seller list. That same year, Ohanian began hosting a weekly online series for The Verge called “Small Empires with Alexis Ohanian.”

In 2017, Alexis Ohanian worked with teenager Rayouf Alhumedhi to campaign for Apple to introduce a hijab emoji. Alexis helped arrange an AMA for Alhumedhi about her idea and responded to critics. Apple released its version of the hijab emoji on July 17, 2017.

Podcasts

Alexis Ohanian has also launched three podcasts: NYRD Radio in October 2014, Upvoted in January 2015, and Business Dad in January 2020.

Awards and honors

In 2011 and 2012, Ohanian was named to the Forbes “30 Under 30” list as an important figure in the technology industry. In 2013, Ohanian and Erik Martin were featured as “champions of innovation” in the 20th Anniversary issue of Wired.

In 2015, Ohanian was named to the Crain’s “40 Under 40” list for business. In 2016, Ohanian was named one of Fast Company’s “Most Creative People in Business”.

On May 21, 2020, Ohanian delivered the Commencement address for The Johns Hopkins University Class of 2020

Conclusion

As of 2022, Alexis Ohanian net worth is likely to grow beyond $80 million. He is an avid investor and dabbles with his expertise in a number of firms.

Recently, he invested heavily in the Angel City Football Club, a newly formed team that takes part in the National Women’s Soccer League. He also invests heavily in cryptocurrency and NFT, having recently said that he will only gift NFTs to his wife.

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David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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