Skip to content
Edit post

Grammarly founders become billionaires, richer than oligarchs Kolomoisky, Pinchuk

by Daryna Antoniuk November 24, 2021 3:12 AM 1 min read
This audio is created with AI assistance
(Courtesy of Grammarly)

Max Lytvyn and Alex Shevchenko (pictured left and center), the founders of Ukraine’s most expensive tech startup Grammarly, have entered the list of the wealthiest Ukrainians.

The assets of each are now worth at least $4 billion, according to Forbes Ukraine. This places them above oligarchs with household names, including Victor Pinchuk ($2.5 billion), Kostyantyn Zhevago ($2.4 billion), and Ihor Kolomoisky ($1.8 billion).

The Ukraine-born techies became billionaires after a $200 million investment deal catapulted Grammarly’s value to $13 billion.

This is the first time that tech entrepreneurs have reached the top of the wealthiest Ukrainians’ list. Other people on the list mainly have holdings in energy, banking and metallurgy.

Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

9:15 AM

Lithuania to join Czech-led ammunition initiative for Ukraine.

Lithuania will contribute to the Czech-led allied initiative to supply Ukraine with hundreds of thousands of artillery rounds from outside of Europe, Lithuanian Prime Minister Ingrida Simonyte confirmed on March 4 after a phone call with her Czech counterpart, Petr Fiala.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
3:39 AM

Kirby: Putin taking advantage of delays in US aid.

Russian President Vladimir Putin is taking advantage of delays in U.S. aid to Ukraine to further Russian military efforts, U.S. National Security Council spokesperson John Kirby said at a press conference on March 4.
11:03 PM

Ukraine, Spain start talks on security guarantees.

Ukraine and Spain began negotiations on a bilateral agreement on security guarantees under the Group of Seven (G7) Joint Declaration of Support for Ukraine, the Presidential Office reported on March 4.
8:51 PM

Zelensky replaces Support Forces commander.

President Volodymyr Zelensky dismissed Dmytro Hereha as the commander of Ukraine's Support Forces, replacing him with Oleksandr Yakovets, according to his decrees published on March 4.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.