Alexis Ohanian Net Worth : Lifestyles & Career

American internet entrepreneur and co-founder and executive chairman of the social site Reddit Alexis Ohanian’s net worth is $40 million.

Best known as a co-founder of the social site Reddit Alexis Onahian started the company teaming up with Aaron Swartz & Steve Huffman.

In 2011 Ohanian also launched Initialized Capital with an investment of $7 Million.

Alexis Onahian
Alexis Onahian

With involvement in multiple other ventures such as tourism website Hipmunk and Bread pig Enterprises.

This involvement has grown his net worth extensively over the years.

Likewise, Back in 2012, Alexis was acknowledged as “Mayor of Internet” by Forbes Magazine.

Also, the “30 under 30” list is a prominent individual in the technology sector.

Early Life

Entrepreneur and investor Alexis Ohanian, originally Alexis Kerry Ohanian, was born on 24th April 1983 in Brooklyn, New York.

His father, Chris Ohanian, was an American citizen, and his mother, Anke (née Prigge), was a German citizen who worked as an au pair.

His grandparents were refugees who came to the United States after World War I.

Alexis attended Howard High School, located at Ellicott City, Maryland, and graduated in 2001.

Alexis Ohanian as a child
Alexis Ohanian as a child

After that, in 2005, he went to the University of Virginia and got a degree in Commerce and History.

During his time at the University of Virginia, his induction on The National Society of Collegiate Scholars proved his academic success.

After graduation Ohanian and his friend, Steve Huffman, came up with the idea of MyMobileMenu.

The Y Combinator passed the idea, but the duo came up with Reddit.com, which would later become a worldwide success and internet front page.

Quick Facts

Born Name Alexis Kerry Ohanian
Birth Date April 24, 1983
Net Worth $40 Million
Nick Name Lex
Age 39 years old
Birth Place Brooklyn, New York, US
Religion Christian
Nationality American
Ethnicity White
Education University of Virginia
Zodiac Sign Taurus
Father’s Name Chris Ohanian
Mother’s Name Anke Ohanian (née Prigge)
Height 6 ft. 5 inches
Weight 171 lbs.
Sexual Orientation Straight
Hair Color Black
Eye Color Hazel Brown
Profession Entrepreneur, Author, Investor
Marital Status Married
Wife/Spouse Serena Williams
Children Alexis Olympia Ohanian
Social Media TwitterFacebookInstagram
Last Update October, 2022

Net Worth and Income

Alexis Ohanian has a net worth of $40 million.

Likewise, his wife, world Champaign professional tennis player Serena Williams has a net worth of $210 million.

Combined, the couple is worth a whopping $250 Million.

With the initial seed funding of just $12,000 founding members, Ohanian and Steve Huffman grew the company worth multi-billion dollars.

Yes, Reddit.com is worth $6 Billion as of now.

Nonetheless, the duo sold the company to Condé Nast in 2006 for an undisclosed amount between $10- $20 million.

Ohanian was just 23 years of age when Reddit was sold.

Reportedly the first subsequent purchase Ohanian did was a front-row seat to an NFL game in FedEx field.

Since the settlement of Reddit back in 2006, Ohanian has been involved in numerous business ventures.

His recent project is venture capital fund Seven Seven Six.

His involvement in billion dollars companies earns him hefty paychecks.

Besides that, Alexis also helps to raise funds for startups.

Alexis Ohanian’s House, Cars & Yacht & watches

Houses

Beverly Hills Mansion, Los Angeles California (Former Residence)

Bought in October 2017, this Beverly Hills Mansion boasts 6,000 square feet of space.

The house offers numerous luxurious amenities such as Wine Cellar, a game room, a massive kitchen, a massage, and a yoga room.

Built-in 2017, this three-story house has five bedrooms.

Alexis Onahian Beverly Hills House
Alexis Onahian Beverly Hills House

The master bedroom has a great view of the garden and seven baths and offers a gorgeous view of Los Angeles.

It also offers a spacious garden and a swimming pool.  The couple purchased this lavish mansion for $7.2 million.

In 2021, the couple decided to list the property for sale for $7.5 million since they own another lavish mansion in Florida.

Florida House, North of Miami

The couple purchased this house for $2.5 Million in May 2015. This home sits on 1.25 acres and offers features like a spa and swimming pool.

This ultra-modern house boasts five bedrooms and five bathrooms.

Besides these houses, internet entrepreneur also owns a house in San Francisco.

Cars

His dad loved American muscle cars. So in 2019, he surprised his father with his dream car, the 1966 Ford Mustang.

Gift for dad Ford Mustang
Gift for dad Ford Mustang

Just like multiple luxurious houses, Ohanian is very much into cars and owns a bunch of them. He has numerous luxury cars.

He owns a red Tesla Model S, which comes with a sticker price of $79,990. The modern electric car can go from 0-60 in just 1.99 seconds.

Besides Tesla, he also owns luxurious SUVs, such as Lincon Navigator, which costs $76,185, Ranger Rover Evoque, which costs$42,650.

He also owns a couple of supercars.

Watches

Alexis Ohanian loves buying expensive as well as stylish timepieces.

Often the internet entrepreneur has been spotted wearing costly watches.

One of his favorite watches is his Stainless steel Audemars Piguet Royal Oak Offshore “Elephant.”

This watch features stainless steel casing with a glare-proofed sapphire crystal and black ceramic screw-locked crown and push-pieces.

Slate greydial with “Mega Tapisserie,” Arabic numerals, and black inner bezel ring.

This watch costs $26,000 to $2 50,000.

Alexis Ohanian Lifestyle and Vacations

Lifestyle

Mr. Groom Alexis Ohanian wore a Georgio Armani tuxedo for his wedding with Serena Wiliams.

The personalized labels were inscribed with his name along with 16.11.17 to memorialize the special day.

A few months back, Ohanian was spotted with his wife Serena Williams wearing a t-shirt with a print “Greatest Female Athlete” with a female scratched out.

Serena played counter to Simona Halep at the ongoing Australian Open.

Besides his Armani suit and encouraging t-shirts, Alexis is also a secret sneakerhead. Ohanian loves his pair of Air Jordan.

He prefers air Jordan as a serious business trip. He wears sneakers according to the mood and situation.

Casually he prefers pair of Onitsuka Tigers.

His other sneakers include Adidas and Creative Recreation.

He also supports his wife, Serena Williams, by surprisingly going to her games to encourage her even more.

G.M.O.A.T Billboard designed by Alexis Ohanian
G.M.O.A.T Billboard designed by Alexis Ohanian

To show the appreciation of parenting, Alexis Ohanian purchased four billboards and printed Greatest Momma of All Time on each of them, which he claims he designed himself.

Reportedly he said that it was because he wanted her to welcome her back to Tennis.

Likewise, in 2021 February, Ohanian wore a beautiful Nike T-shirt with a golden print reading “Unstoppable Queen.”

This was in the game where his wife was playing against Russian tennis player Anastasia Potapoya.

Read about: Arnold Schwarznegger lifestyles

Vacations

Alexis Ohanian flew his wife to Venice, Italy, because she was craving Italian food.

The couple took a spontaneous vacation to Venice after completing of Wimbledon finals. What a life?

Italy holds a history for the couple.

It’s where the couple met each other for the first time in 2015. Alexis proposed to Serena in the same place back in 2016.

Also, in 2017, Ohanian rented New Orleans’ upscale Ace Boutique Hotel for a party to celebrate his wedding.

Couple in vacation
Couple in vacation

In 2021 the family was seen enjoying a roller coaster ride together in Luna Park.

They seemed to enjoy the ride, maybe because it was the first roller coaster ride of Alexis Ohanian Jr.

Charity

Besides business ventures, Alexis Ohanian is also known for his charity works.

He is involved in multiple fundraising programs.

Reportedly he has raised thousands of dollars for different causes, such as Tilt.com, where he raised $12,244 for the non-profit organization “Black Girls Code.”

Similarly, in 2012 he raised $61,000 to organize a Kickstarter project to create a “Lester’s Time Has Come.”

In 2015 he collaborated with several other foundations such as The Robin Hood Foundation, The Blackstone Charitable Foundation, Google for Entrepreneurs and donated $1.75 million to the coalition for Queens.

Also, in 2010 he worked for three months in microfinancing with a not-for-profit organization.

‘Kiva’ to support small businessmen and students through the Internet in Armenia.

Movies, Investments, Endorsements & Book Publications

Alexis Onahian has also appeared in movies and Television Series and even produced some of them.

He is known for the movies and television series such as 2018 The Game Changers, which he produced.

Likewise, 2015 Sharknado 3: Oh Hell No!, SMBC Theater, and Startupland, a documentary.

Similarly, the man has been cast as himself in Machine Learning: Living in the Age of AI, 100 Years from Home, On The Money, Today, etc.

Alexis Ohanian on Ted Talks
Alexis Ohanian on Ted Talks

In 2009 Ohanian spoke at a TED Talks program about a whale named Mister Splashy Pants.

Investments

Investing has always been profitable to the man.

Since his successful former ventures, Ohanian has invested in several companies such as Opendoor, Instacart, Cruise, Wearetoms, culdesac, and eclipse foods.

When you have conquered the tech world with multiple successful endeavors, what’s your next business move?

Alexis Ohanian has also made a huge investment in line with Brandy Shakmat.

It has been reported that the investment in Shakmat was to honor his Armenian heritage.

He is also a founding member of the Angle city football club.

He has also successfully launched multiple podcasts.

In January 2015, Alexis launched Upvoted, similarly in 2020 January, he launched Business Dad.

Endorsements

Alexis on Dove endorsement
Alexis on Dove endorsement

Ohanian collaborated with Dove men care to promote paternity leave in the United States.

Books Publications

A best-selling author Alexis Ohanian has authored some of the best books during the course of his career.

In 2013 Ohanian published the best-selling book of his career, “Without Their Permission: How the 21st century will be made, not managed.”

This book made it to the number 4 best-selling book in Wall –street journal.

Career

After marrying tennis superstar Serena Williams in November 2017, they welcomed a baby girl in just a few months. They have been dating since 2015.

In July 2015, Ohanian returned to Reddit full-time to lead the newly independent company.

Later in 2018, he stepped back from Reddit focused on investing.

But on 2020 June 5th, in response to the killing of George Floyd, he resigned from Reddit’s Board of Directors.

He also worked as a full-time partner for Y-Combinator, only to step down in 2016.

Soon to be a billionaire presently making investments in different promising startups.

Ohanian teamed up with Rayouf Alhumedhi and started a campaign for Apple to introduce a hijab emoji in 2017.

Facts about Alexis Ohanian

  • Ohanian got a speeding ticket of $131 by Florida High Patrol Trooper. He was way over the speed limit in his new Red Tesla.
  • Ohanian is really romantic. He announced their engagement in Reddit by writing a poem.
  • He was born on the 24th of April, which is a recognition day of the American Genocide.
  • Ohanian was in Forbes 30 under 30 for two consecutive years.
  • Before becoming the millionaire, Ohanian used to sleep in furniture purchased from Craiglist’s free section.
  • During his teenage Ohanian used to work as a dishwasher in a pizza hut.

FAQ

What is the combined net worth of Alexis Ohanian and Serena Williams?

$250 Million. The couple is worth $250 million combined.

How much is Reddit worth now?

Reddit is worth $6 Billion as of 2021.

 

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