Inside Alexis Ohanian’s Net Worth—and the Wild Investment He Used to Buy Serena Williams’s Engagement Ring

Alexis Ohanian’s Net Worth Is BananasHandout – Getty Images

Alexis Ohanian and Serena Williams are expecting their second child together, and this kid better get used to the finer things in life because their parents are loaded. Aside from Serena’s personal net worth of $250 million, Alexis Ohanian has a reported net worth of $150 million thanks to being a tech giant responsible for one of the most viewed (and most troll-filled) websites the internet has to offer. Let’s get into it—because, truly, there is nothing more motivating (by which I mean alarming) than learning how rich someone else is!

^ Us, soldiering through this.

Alexis Casually Co-Founded Reddit

Unlike those of us who graduated from college and went on to live with our parents for several months, Alexis graduated from college and went on to co-found Reddit with his buddy Steve Huffman. One year later? Alexis and Steve sold Reddit to Condé Nast for between $10-20 million. Soooo, basically he became a millionaire in his early twenties.

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Alexis told NPR’s How I Built This podcast it was “more money for me than my entire family—my mother and father—had made in their entire lives.” He also told CNBC that the first thing he purchased upon making his millions was season tickets to FedEx Field, saying, “My dad had two nosebleeds for a number of years, and I upgraded his seats to four seats at the front row around the 50-yard line.”

Unfortunately, racism and misogyny has proliferated Reddit over the past few years, and—despite returning as a board member post-sale— Alexis resigned in 2020, calling it a long overdue move to “do the right thing.” He also asked for the board to “fill my seat with a Black candidate” and promised to “use future gains on my Reddit stock to serve the Black community.”