Max Lytvyn
$1.9B
Born
Jan 01, 1980
Age
45
Source of Wealth
Software
Residence
San Francisco, California
Citizenship
Canada
Marital Status
Children
0
Education
Master of Business Administration, Vanderbilt University
- 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.
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