Alexis Ohanian Net Worth: How Much is the Reddit Co-Founder Worth?
As of February 2025, Alexis Ohanian’s net worth is estimated at $150 million, according to Celebrity Net Worth. The Reddit co-founder and venture capitalist built his fortune through startup investments, cryptocurrency, and sports ownership.
Despite stepping away from Reddit, Ohanian remains a major player in the tech industry, leading Seven Seven Six (776), a venture capital firm backing billion-dollar startups. He also made a legendary Ethereum investment, turning $15,000 into over $80 million.
Beyond tech, Ohanian is a key investor in women’s sports, co-owning Angel City FC and Los Angeles Golf Club alongside his wife, Serena Williams.
Let’s break down Alexis Ohanian’s net worth and how he built his wealth.
How Did Alexis Ohanian Make His Money?
1. Reddit: The Startup That Launched His Fortune
- Co-founded Reddit in 2005 with Steve Huffman.
- The site was acquired by Condé Nast in 2006 for $10-20 million.
- Returned to Reddit in 2015 but resigned from the board in 2020.
- As of 2025, Ohanian owns less than 5% of Reddit.
2. Venture Capital Investments (Seven Seven Six & Initialized Capital)
- Co-founded Initialized Capital in 2010, investing in early-stage startups.
- Backed Coinbase, Instacart, Opendoor, and Flexport—now multi-billion-dollar companies.
- Launched Seven Seven Six (776) in 2020, which has led to major startup successes.
- One of his 776-backed startups recently hit a nine-figure valuation.
3. Cryptocurrency & Ethereum Investment
- In 2014, Ohanian invested $15,000 in Ethereum.
- By 2023, that investment was worth over $80 million.
- At its peak in 2021, it could have been worth $230 million.
4. Women’s Sports Investments
Ohanian has merged his business expertise with his passion for sports, investing in:
- Angel City FC (NWSL) – A majority-female-owned soccer club.
- Los Angeles Golf Club (TGL League) – Co-owned with Serena & Venus Williams.
- Athlos NYC – A women-only track event sponsored through 776.
These investments contribute to Alexis Ohanian’s net worth while promoting gender equity in sports.
Alexis Ohanian’s Net Worth Growth Over the Years
| Year | Net Worth Estimate | Major Financial Moves |
|---|---|---|
| 2006 | ~$10-20 million | Reddit sold to Condé Nast |
| 2010 | ~$50 million | Co-founded Initialized Capital |
| 2014 | ~$60 million | Invested $15,000 in Ethereum |
| 2017 | ~$80 million | Invested in Angel City FC |
| 2021 | ~$200+ million* | Ethereum investment peaked |
| 2025 | $150 million | Leading Seven Seven Six & sports ventures |
(Estimated peak during the crypto boom of 2021.)
What Companies Does Alexis Ohanian Own?
While he no longer owns a large stake in Reddit, Ohanian has diversified his wealth through multiple ventures.
1. Seven Seven Six (776)
- A venture capital firm backing high-growth startups.
- Recent investment hit a nine-figure valuation.
2. Cryptocurrency Holdings
- Early investor in Ethereum and other blockchain projects.
3. Sports Ownership
- Angel City FC (Women’s Soccer)
- Los Angeles Golf Club (TGL League)
How Does Alexis Ohanian Spend His Wealth?
1. Real Estate
- Bought a Brooklyn condo for $1.2M in 2011, later listed for $2.3M in 2022.
- Resides in Florida with Serena Williams and their daughters.
2. Philanthropy & Activism
- Donated seven figures to UVA women’s athletics.
- Strong advocate for net neutrality and paid paternity leave.
3. Luxury & Lifestyle
- Frequently seen at high-profile sports events.
- Enjoys traveling, fine dining, and family time.
Alexis Ohanian’s Legacy & Wealth
- Alexis Ohanian’s net worth in 2025 is estimated at $150 million.
- He made his fortune through Reddit, venture capital, crypto, and sports.
- Ethereum investment alone made him over $80M.
- Seven Seven Six (776) continues to fund billion-dollar startups.
- He’s a major investor in women’s sports and philanthropic efforts.
With his business acumen and strategic investments, Ohanian’s net worth is likely to keep growing, making him one of the most influential tech entrepreneurs of his generation.
Claire Bennett is a seasoned finance writer with over 8 years of experience, specializing in personal finance and investment strategies. She has contributed to top media outlets like Forbes and Business Insider.