Rank #2236
Alex Shevchenko
Net worth $1.9B
Software · Canada
- Born
- Jan 01, 1980
- Age
- 46
- Source
- Software
- Residence
- San Francisco, California
- Citizenship
- Canada
- Marital status
- Children
- 0
- Education
- Master of Business Administration, University of Toronto
Net worth over time
Biography
- Alex Shevchenko is the cofounder of popular grammar checking tool Grammarly and serves as product lead.
- He launched the company in 2009 alongside fellow Ukrainian entrepreneurs Max Lytvyn and Dmytro Lider.
- The trio had all worked together on Lytvyn and Shevchenko's previous startup, My Dropbox, a plagiarism detector.
- Initially programmed as a service to help students with their grammar and spelling, Grammarly claims it is used by over 30 million people and 70,000 professional teams today.
- In November 2021, it raised $200 million at a $13 billion valuation from investors including Baillie Gifford and BlackRock.
- Forbes estimates that Shevchenko owns a 23% stake, which the company disputes, and that Grammarly is worth around $8 billion today.
- Shevchenko was raised in the Ukraine, attended graduate school in Toronto and obtained Canadian citizenship.