Alexis Kerry Ohanian is an American business owner and investor who works on the internet. He is best known as one of the co-founders and executive chairs of the social media site Reddit, which he started with Aaron Swartz and Steve Huffman. He also helped start the travel search website Hipmunk and created the social business Breadpig. He was also a co-founder of the early-stage venture capital firm Initialized Capital. He also worked at Y Combinator as a partner.
Early Life of Alexis Kerry Ohanian
Alexis Kerry Ohanian was born in New York City’s borough of Brooklyn. After the Armenian genocide, his paternal grandparents fled to the United States. Mother Ohanian emigrated to the United States from Germany. He graduated in 2001 from Howard High School in Ellicott City, Maryland, where he delivered a student speech.
Personal Life of Alexis Kerry Ohanian
Ohanian got engaged to tennis player Serena Williams on December 29, 2016. On September 1, 2017, in West Palm Beach, Florida, their daughter Alexis Olympia Ohanian was born.
Ohanian and Williams got married in New Orleans on November 16, 2017. Ohanian has said that “watching Williams play has changed how he measures success in business.” Ohanian and Williams gave their daughter a doll named Qai Qai, which has become popular on social media.
Professional Life of Alexis Kerry Ohanian
Ohanian and his friend Steve Huffman’s first business was to sell the idea for “MyMobileMenu” to “Y Combinator,” a company that helps startups grow. This was in 2005. The company liked the idea, but they told the two to come up with something more unique for them to fund. Then they thought of the idea for “reddit.com.”
“Y Combinator” took Reddit on as a start-up in 2005. As a co-founder of Reddit with Huffman, he kept working there and stayed on the board of directors.
Alexis came out with “Breadpig” in 2007. He started the company, but now it runs on its own without him being involved every day.
In 2010, he spent three months in Armenia working in microfinance for the non-profit organization Kiva, which lends money to small businesses and students in over 80 countries through the internet.
Net Worth of Alexis Kerry Ohanian
Alexis Ohanian’s net worth in 2022 is $40 million. Alexis Ohanian decided to use what he had learned in college to start several internet companies.
Together with his friend Steve Huffman, they told Y Combinator about the idea for MyMobileMenu. In 2005, he helped start a news website called Reddit, which lets users post and rank news stories.
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Reddit was in the first group of companies chosen by Y Combinator in the summer of 2005. Conde Nast bought it a year later, but we don’t know how much he paid for it. There are rumors, though, that it might have been between $10 million and $20 million.
Source of Incomes of Alexis Kerry Ohanian
He is well-known as a business owner and investor on the internet. All of us depend on the internet, which does all of our work for us. We look for the answer to any problem we want to solve on the internet. He helped start the social news site Reddit and is now its executive chairman. Ohanian put money into companies like Instacart, Zenefits, Opendoor, and Cruise when they were just getting started.
It has managed three funds, which together are worth more than $160 million. On his site, insights, he looked at all the tech investors and found that he was the best in terms of network centrality, which is how many connections he has with other investors and how good and deep those connections are.
Ohanian started Breadpig in 2007 as a “corporation” that makes geeky stuff and gives the money to charity. Since it started in 2007, the site has raised more than $150,000. He is also the head of marketing for an online travel company called Hipmunk. He started Breadpig and is still in charge of it as its Founder and Chief Swine Defender.
Ohanian worked in Yerevan, Armenia for three months as a Kiva fellow in microfinance after he left Reddit in 2009. In June 2010, Ohanian announced the start of his company, Das Kapital Capital, which focuses on investing in, advising, and consulting for startups.
Highlights
Here are some of the best highlights of Alexis Ohanian’s career:
- Co-founder and executive chairman of Reddit
- Ohanian launched Breadpig (2007)
- Ohanian spoke at TED about a whale named Mister Splashy Pants (2009)
Favorite Quotes from Alexis Ohanian
“Facebook makes me hate the people I know, and Reddit makes me love the people I don’t.” – Alexis Ohanian
“The best part of being an angel investor is seeing these kids coming up with companies that get way more traffic than Reddit had when we sold it. I think, ‘Are you kidding me? They’re just kids, and they’ve done so much.” – Alexis Ohanian
“There was a clear lesson here — and that was that the Internet loves Mister Splashy Pants.” – Alexis Ohanian
Investment of Alexis Kerry Ohanian
As a business owner, it’s important where you put your money. Since Alexis is a business owner, he should put his money to good use. He knows a lot about the internet, which is why he has put his money into so many companies.
FAQ
Are Serena Williams and Alexis Ohanian Still Married?
Williams asked Ohanian to meet her at the French Open in Paris, where they had their first date. At the end of 2016, Ohanian proposed at the same hotel where they had met in Rome. In 2017, they had Alexis Olympia Ohanian Jr. in September and got married in November in New Orleans.
How Did Serena and Alexis Meet?
In 2015, Serena Williams and Alexis Ohanian were both staying at the same hotel in Rome, which is where they first met. Alexis proposed to Serena at the place where they first met in December 2016. A month later, they found out they were expecting their first child. On September 1, 2017, they had a daughter. Her name is Alexis Olympia Ohanian Jr.
How Much is Alexis Ohanian Worth in 2020?
Celebrity Net Worth says that Alexis’s net worth is about $40 million. He is one of the people who started Reddit, and he has also started a number of other companies. He decided to leave Reddit’s Board of Directors in 2020 and put his money into other companies.
Summary
Alexis Kerry Ohanian was born in New York City’s borough of Brooklyn. He is best known as one of the co-founders and executive chairs of Reddit. Ohanian got engaged to tennis player Serena Williams in December 2016. Alexis Ohanian is the co-founder and executive chairman of Reddit. He started Breadpig, a geeky “corporation” that makes geeky stuff and gives it to charity.
Ohanian put money into companies like Instacart and Zenefits when they were just getting started. Serena Williams and Alexis Ohanian met at the French Open in Paris in 2015. They had their first child, Alexis Olympia Ohanian Jr., in September 2017. Ohanian will leave Reddit’s Board of Directors in 2020 and put his money into other companies.