Alexis Ohanian is an American entrepreneur in the technology sector who is also one of the co-founders of Reddit. How did Alexis Ohanian become so successful and make so much money? Here at Fidlarmusic, we’ll look at Alexis Ohanian’s life and career to get a better idea of Alexis Ohanian net worth.
What is Alexis Ohanian’s Net Worth and Salary in 2023?
Alexis Ohanian net worth is $40 Million. His salary is under review.
Alexis Ohanian’s Overview
Alexis Kerry Ohanian was born on April 24th, 1983, in the borough of Brooklyn, New York, in the United States. Ohanian is Anke and Chris Ohanian’s kid. Chris Ohanian is his father. His mother was German-born, while his father was of Armenian heritage, he was born in Germany.
He attended “Howard High School” in Ellicott City, Maryland, where he excelled academically and was selected to deliver the graduate student address to his class in the year 2001. He went on to earn his diploma from that institution.
After enrolling at the University of Virginia, he was fortunate enough to cross paths with Steve Huffman and earn degrees in both business and history.
When he went to Cambridge with Huffman to listen to Paul Graham give a talk titled “How to Start a Start-up,” it was at that moment that his fate was altered.
After finishing university, he established several successful online businesses. Ohanian and his friend Steve Huffman originally pitched the idea for MyMobileMenu to Y Combinator.
The company decided against implementing the recommendation but urged the two to continue working on their next idea.
Reddit, a website where users can submit and rate news articles, was founded with his assistance in 2005. Reddit was accepted into Y Combinator in the summer of 2005, along with a handful of other pioneering businesses.
Conde Nast acquired it a year later for a price tag of between $10 and $20 million.
Alexis worked closely with Reddit as a director on its board. In July of 2015, he teamed up with Huffman to run the newly autonomous Reddit.
Since leaving Reddit in February 2018, Ohanian has focused on the investment industry. After George Floyd’s death, he resigned from the Reddit board and asked for a Black candidate to replace him on June 5, 2020.
Breadpig is an online company that Ohanian established in 2007. The company finds or develops “geeky” things, markets them, and then donates all the profits to charitable organizations needing financial assistance.
Some of these organizations include the San Francisco Society for the Prevention of Cruelty to Animals and Room to Read, which is a program that is working to construct a primary school in Laos.
Since the website’s inception in 2007, it has amassed more than 150 000 dollars in donations. Breadpig’s day-to-day operations are no longer a part of his responsibilities there.
Additionally, he serves as the marketing director for Hipmunk, an online travel agency. Ohanian established Das Kapital Capital in June of 2010, specializing in startup funding, advice, and consulting.
Ohanian has been given the role of Ambassador to the East for the company Y Combinator. Before he retired from the role in 2016, he worked as a full-time partner at Y Combinator.
Ohanian founded the venture capital company Initialized Capital in 2010, contributing more than $500 million in early money to firms such as Instacart, Opendoor, Zenefits, and Cruise.
In 2014, CB Insights identified Ohanian as the most influential investor in terms of networks. Alexis and Initialized Capital invested $3 million in the childcare technology company Kinside in 2019.
Ohanian and Lester Chambers of The Chamber Brothers launched a successful Kickstarter campaign in December 2012 in order to fund the recording of a new album titled “Lester’s Time Has Come.”
They raised over $61,000. Two years later, Ohanian utilized the crowdsourcing website Tilt.com to raise $12,244 for the group Black Girls Code.
On October 1, 2013, Ohanian’s book “Without Their Permission: How the 21st Century Will Be Made, Not Managed” was published.
Among Wall Street Journal bestsellers, it came in at number four. Ohanian also began hosting “Small Empires with Alexis Ohanian,” a weekly online series for The Verge, in the same year.
Ohanian and teen activist Rayouf Alhumedhi collaborated in 2017 to lobby Apple to add a hijab emoji to its platform.
Alexis hosted an Ask Me Anything (AMA) session in which Alhumedhi defended her plan. It wasn’t until July 17, 2017, that Apple unveiled its own hijab emoji.
In October 2014, Alexis began NYRD Radio; in January 2015, he introduced Upvoted; and in January 2020, he started Business Dad.
The tennis prodigy Serena Williams and Alexis were rumored to be dating in October of 2015, according to widespread rumors.
Serena and Alexis announced their engagement on December 29, 2016, after keeping their relationship secret for a little over a year and avoiding the media’s attention.
They had a daughter in September 2017, just a few months before they tied the knot, and got married in November 2017.
Why is Alexis Ohanian Famous?
Alexis Ohanian is famous as the co-founder of the social news website Reddit. He is also an entrepreneur, investor, and activist. He has made numerous investments in tech startups, including Hipmunk, Breadpig, and Instacart. He is also a vocal supporter of net neutrality and open internet access.
FAQs about Alexis Ohanian
Serena Williams net worth 2023
Serena Williams has a net worth of $260 million.
Is Alexis Ohanian a billionaire?
No, Alexis Ohanian is not a billionaire.
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