Rank #2236
Max Lytvyn
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, Vanderbilt University
Net worth over time
Biography
- Max Lytvyn cofounded popular grammar checking tool Grammarly in 2009 with Alex Shevchenko and Dmytro Lider; his current title is head of growth strategy.
- The three Ukrainian-born entrepreneurs all worked together on Lytvyn and Shevchenko's previous startup, My Dropbox, a plagiarism detection service.
- 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, Grammarly raised $200 million at a $13 billion valuation from such investors as Baillie Gifford and BlackRock.
- Forbes estimates that Lytvyn owns a 23% stake, which the company disputes, and that Grammarly is worth around $8 billion today.
- Lytvyn was born and raised in Ukraine and later obtained Canadian citizenship.