Alexis Ohanian’s Net Worth: How Much is the Reddit Co-founder Worth?

by

Lindsey

Alexis Ohanian's Net Worth: How Much is the Reddit Co-founder Worth?

Let’s talk about Alexis Ohanian, a name you might recognize as the co-founder of Reddit, husband of tennis legend Serena Williams, and a prominent figure in the tech and investment world. He’s not just a successful entrepreneur; he’s also a passionate advocate for a better internet and a dedicated family man.

Here’s a deeper look at Alexis Ohanian’s bio, career, and net worth.

Who is Alexis Ohanian?

Alexis Ohanian’s story begins in Brooklyn, New York, where he was born on April 24, 1983.

Alexis Ohanian (age 41 years) born on April 24, 1983

He has a fascinating family history: his father was an Armenian refugee who escaped the Armenian Genocide, and his mother is German. This background has undoubtedly shaped his worldview and his drive to make a positive impact.

He spent his childhood in Ellicott City, Maryland. A talented and ambitious student, Ohanian attended the University of Virginia (UVA), where he majored in history and commerce. During his time at UVA, he met Steve Huffman, with whom he would later co-found Reddit.

Alexis Ohanian’s Bio

AttributeDetails
Full NameAlexis Kerry Ohanian
Date of BirthApril 24, 1983
Place of BirthBrooklyn, New York, USA
Age41 (as of 2025)
NationalityAmerican
EthnicityArmenian and German descent
EducationUniversity of Virginia (B.A. in History and Commerce, 2005)
ProfessionEntrepreneur, Venture Capitalist, Author
Famous ForCo-founder of Reddit
SpouseSerena Williams (married in November 2017)
Children– Olympia Ohanian (born September 1, 2017)
– Adira River Ohanian (born August 2023)
Net WorthApproximately $150 million (as of 2024)
Co-founded Companies– Reddit (2005)
– Initialized Capital (2010)
– Breadpig (2008)
BooksWithout Their Permission (2013)
Key InvestmentsCoinbase, Instacart, Opendoor, Ro, Patreon
PhilanthropyAdvocate for paid paternity leave, racial equality, and social justice
Height6 ft 5 in (196 cm)
Social MediaActive on Twitter (@alexisohanian) and Instagram
Major Achievements– Sold Reddit to Condé Nast in 2006
– Early investor in cryptocurrency and startups
– Advocated for diversity and inclusion in tech
ResidenceFlorida, USA (current)

Alexis Ohanian Career Milestones

Reddit

The year 2005 proved to be a pivotal one for Alexis. Fresh out of college, he and his roommate, Steve Huffman, had an idea for a website where people could share news and discuss various topics. That idea became Reddit, a platform that quickly exploded in popularity and became a cornerstone of the internet.

Reddit’s unique structure, with its user-driven content and diverse communities (called “subreddits”), made it a place where people could connect over shared interests, from the most niche hobbies to the biggest world events.

Alexis Ohanian's Multi-Million Dollar Net Worth

Just a year after its launch, Reddit was acquired by Condé Nast Publications in 2006. While this marked a significant milestone, Alexis remained involved with the platform, understanding its potential and wanting to see it continue to grow.

He even returned as executive chairman in 2014, further solidifying his commitment to the community he helped create. He eventually stepped down in 2020 to focus on other exciting ventures, but his legacy at Reddit remains undeniable.

  • In 2005, Alexis and Steve Huffman founded Reddit, a social media platform centered on community-driven content and discussion. Often referred to as “the front page of the internet,” Reddit grew rapidly and became one of the most visited websites worldwide.
  • Shortly after launching, Reddit was acquired by Condé Nast in late 2006. Although Alexis initially stepped away from Reddit, he returned in 2014 to help rebuild and revitalize the platform as Executive Chairman before stepping down in 2020.

Investor and Entrepreneur

Alexis Ohanian’s entrepreneurial spirit didn’t stop with Reddit. He’s a firm believer in investing in early-stage startups and helping innovative ideas come to life. He co-founded Initialized Capital, a venture capital firm that has backed some incredibly successful companies you probably use every day, like Instacart, Patreon, and Coinbase.

He also co-founded Hipmunk, a travel search website that aimed to make finding flights and hotels less of a headache. This venture highlights his desire to solve everyday problems through technology and create user-friendly experiences.

  • Alexis is the founder of Initialized Capital, an early-stage venture capital firm. Through Initialized, he has invested in over 200 companies, including Coinbase, Instacart, Rally, and Ro.
  • Known for his ability to identify high-potential startups, Alexis has been a key figure in the tech and cryptocurrency investment spaces.

Advocate and Philanthropist

Beyond business, Alexis is a passionate advocate for internet freedom and open access. He understands the importance of a free and open internet for innovation, communication, and democracy.

He’s been actively involved in campaigns against online censorship, fighting to protect the rights of users and ensure that the internet remains a powerful tool for positive change.

  • Alexis stepped down from Reddit’s board in 2020, urging the company to replace him with a Black candidate. His resignation was a stand for racial equality, aligning with the broader movements for social justice during that time.
  • He has also been a vocal advocate for paid paternity leave, inspired by his own experience as a father. Alexis has publicly discussed the importance of work-life balance and better policies for working parents.

Alexis Ohanian Net Worth

Alexis Ohanian, the co-founder of Reddit and a prominent venture capitalist, has an estimated net worth of approximately $150 million as of 2024.

Alexis Ohanian's Business Ventures and Net Worth

Sources of Wealth:

  • Reddit: Ohanian co-founded Reddit in 2005 and sold it to Condé Nast in 2006 for a reported sum between $10 million and $20 million.
  • Venture Capital: Through his firm, Initialized Capital, Ohanian has invested in successful startups like Coinbase, Instacart, and Opendoor. Initialized Capital manages assets worth $3.2 billion.
  • Cryptocurrency Investments: Ohanian’s early investment of $15,000 in Ethereum has grown significantly, contributing to his wealth.

In addition to his financial ventures, Ohanian is married to tennis legend Serena Williams, whose net worth is estimated at $300 million, making their combined net worth substantial.

Marriage to Serena Williams

Alexis is married to tennis legend Serena Williams. The couple met in 2015, got engaged in 2016, and married in a star-studded New Orleans ceremony in November 2017.

Together, they have two daughters:

  • Olympia Ohanian, born September 1, 2017.
  • Their second daughter, Adira River Ohanian, born in August 2023.
Alexis Ohanian is married to tennis legend Serena Williams

Alexis is a proud father and often shares moments of his parenting journey on social media. His bond with Olympia is particularly well-documented, and he frequently highlights the joy and responsibility of fatherhood.

Alexis Ohanian’s journey is a testament to the power of innovation, hard work, and a genuine desire to make a difference. From co-founding a platform that has become an integral part of the internet to investing in promising startups and advocating for internet freedom, he has made a lasting impact on the digital world and beyond. He’s a true example of how entrepreneurship and advocacy can go hand in hand to create a better future.

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Growing up in Detroit, Lindsey is a Michigan State University alumnus. She feels incredibly lucky to live in Detroit, and much more, to spend her days promoting the Detroit area as a travel destination.
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