Entrepreneurs
Alexis Ohanian Net Worth
| Net Worth: | $100 Million |
|---|---|
| Age: | 43 |
| Born: | April 24, 1983 |
| Gender: | Male |
| Height: | 1.96 m (6 ft 5 in) |
| Country of Origin: | Canada |
| Source of Wealth: | Entrepreneur |
| Last Updated: | May 14, 2026 |
Introduction
Alexis Ohanian is an American Internet entrepreneur and investor with an estimated net worth of $100 Million.
Over several decades, Ohanian has created numerous successful companies in tech, investing, and sports. In 2005, he co-founded Reddit with his University of Virginia roommate, Steve Huffman, and the two pitched the idea to venture capital firm Y Combinator. They were fortunate to secure $12,000 in seed funding from the VC firm, which enabled them to launch Reddit. Within 12 months, Reddit was sold to Condé Nast for a reported $10-$20 million. Ohanian stayed with Reddit until 2009, returning briefly in 2015 as their Executive Chairman until his resignation in 2020.
Initialized Capital
Inspired by his own startup journey, Ohanian teamed up in 2011 with Harjeet Taggar and Garry Tan of Y Combinator and launched Initialized Capital, a venture capital firm. Ohanian and his co-founders wanted to support software and tech founders at the seed stage of their businesses with mentorship and access to influential networks within Silicon Valley. Over ten years, Initialized Capital raised more than $3.2 billion in assets and has invested in 23 companies, including Coinbase, Cruise Automation, Instacart, and CoinTracker.
Seven Seven Six
Ohanian left Initialized Capital in 2020 to set up another venture capital firm, Seven Seven Six (776). He wanted to leverage his experience and extensive network of contacts to help launch and scale early startups, many of which were still just ideas. Ohanian scaled 776 rapidly, with a portfolio of 38 companies, managing $750 million in assets.
Angel City FC Acquisition
In 2020, Ohanian became the largest shareholder and founding controlling owner of Angel City FC (ACFC). The professional women’s soccer team is based in Los Angeles and was established by actress Natalie Portman, venture capitalist Kara Nortman, and entrepreneur Julie Uhrman. In July 2024, Walt Disney CEO Bob Iger and his wife Willow Bay acquired a controlling stake in the club, valued at $250 million. Ohanian played a key role in the club’s growth and remains on the club’s board.
Los Angeles Golf Club Acquisition
Continuing his interests in sport, Ohanian was named as the principal Owner of the Los Angeles Golf Club (LAGC) in June 2023. The club’s ownership group also includes Ohanian’s wife, her sister Venus Williams, and Michelle Wie West. Ohanian’s key aim with the club is to make golf more accessible and to blend the sport with technology and entertainment to appeal to a new and more diverse fan base.
Athlos Track & Field
In 2024, Ohanian and the American Olympic Track and Field Champion Gabby Thomas launched Athlos, a women-only professional track and field event. He was motivated by the lack of lucrative opportunities for women in track and field outside of the Olympics. The first meet was held at New York’s Icahn Stadium in September of that year and featured 36 top competitors.
The meet had a record-breaking $663,000 prize purse, with $60,000 awarded to each event winner to highlight the value of women’s athletics. Ohanian was responsible for the event being shown on platforms like ESPN+, YouTube, and DAZN, to ensure that Athlos reached millions of viewers and attracted new fans to the sport. He also introduced distributing 10% of all commercial income evenly among the athletes, which was unusual and possibly a first, as funds are usually distributed based on performance or contract.
Chelsea F.C. Investment
Following his success with ACFC, in May 2025, Ohanian bought a 10% stake in Chelsea Women’s Soccer Club in the United Kingdom. The investment was worth around £20 million ($26.86 million) and valued the club at £200 million ($268.57 million), making it one of the most valuable women’s soccer clubs in the world. He said his goal is to help Chelsea FC Women’s Club become a global brand and to use his expertise and network to boost the club’s international profile, particularly in the United States.
Ohanian has consistently shown his passion for backing tech founders and his commitment to giving women’s sport the recognition and investment it has lacked for so many years.
Bored Ape Yacht Club Lawsuit
In 2023, Ohanian was named in a class action lawsuit along with several other high-profile celebrities, including his wife, Gwyneth Paltrow, Madonna, and Snoop Dogg. Investors in Yuga Labs’ Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) and Apecoin alleged that the celebrities, including Ohanian and Williams, fraudulently promoted NFTs.
However, the celebrities had never revealed their financial interests or how much compensation they would get as a result of their involvement. The case alleged that the celebrities who had endorsed the NFTs were benefiting from the inflated value. Yuga Labs stated that the claims were false, and as of today, the case is ongoing.
Real Estate
Brooklyn Condo
In 2011, Ohanian purchased a two-bedroom, 1,385-square-foot apartment in Brooklyn Heights for $1.245 million. Before he sold the unit, Alexis had been renting it out to people for $7,500 per month since 2016. In May 2022, he listed the apartment for sale at $2.3 million. It was scooped up in December that year for $2.05 million.
Highlights
Here are some of the best highlights of Alexis Ohanian’s career:
- Co-founder and executive chairman of Reddit
- Ohanian launched Breadpig (2007)
- Ohanian spoke at TED about a whale named Mister Splashy Pants (2009)
Entrepreneurs
Denise Coates Net Worth
| Net Worth: | $7.7 Billion |
|---|---|
| Age: | 58 |
| Born: | September 26, 1967 |
| Gender: | Female |
| Height: | 1.67 m (5 ft 6 in) |
| Country of Origin: | United Kingdom |
| Source of Wealth: | Entrepreneur |
| Last Updated: | May 15, 2026 |
Introduction
Denis Coates is a British entrepreneur with an estimated net worth of $7.7 Billion.
With her father, Peter Coates, passing down his knowledge of gambling and working in his betting shops, Denise Coates purchased a gambling website from eBay. This site is now known as bet365, making her the wealthiest woman in the United Kingdom.
Quick Facts
- Holds a 50.3% stake in the British sports betting company bet365
- Received a total compensation of £2.65 billion from 2016 to 2025
- Peak annual compensation of £469 million in 2020
- The highest-paid CEO in the United Kingdom
- Acquired 100% of Stoke City F.C. for £1.7 million in 2006
- Invested more than £330 million in the club
Net Worth History
| Year | Net Worth |
|---|---|
| 2016 | $3.8 Billion |
| 2017 | $3.6 Billion |
| 2018 | $5 Billion |
| 2019 | $6.5 Billion |
| 2020 | $4.5 Billion |
| 2021 | $6.5 Billion |
| 2022 | $5.3 Billion |
| 2023 | $6.8 Billion |
| 2024 | $9.5 Billion |
| 2025 | $7.3 Billion |
| 2026 | $8 Billion |
Forbes first listed Denise Coates as a billionaire sometime in 2013 or 2014, thanks to the rapid growth of bet365. The company is the original source of almost all of Denise’s fortune, with her net worth being derived from her 50.3% stake and annual compensation. Now, in most cases, the CEO or co-CEO would earn substantial sums each year in salary and bonuses. However, assuming that they’re also the majority shareholder of the company, this compensation would often pale in comparison to the value of their shares.
What’s interesting about Coates is that she’s been the highest-paid CEO in the United Kingdom for over a decade. We’ll discuss her pay packet in more detail shortly, but for now, let’s focus on how her net worth has evolved over time. The point is that any increases in her fortune come from her salary, dividends, and the market value of her bet365 shares.
By 2017, Denise Coates’ net worth had reached an estimated $3.6 billion. According to Forbes, she then realized a drastic appreciation to $5 billion and $6.5 billion over the next two years. There was a brief setback to $4.5 billion in 2020, as expected, and since then, her wealth has been on an upward-trending rollercoaster.
Coates reached a peak net worth of $9.5 billion in 2024, and at the time of writing, she’s worth an estimated $7.7 Billion.
Before Wealth & Fame
While Coates was still at school, she assisted in her father’s betting business, working in the cashiers’ department of Provincial Racing. The family-owned bookmaking firm required an accountant, so she, as the eldest daughter, took over the bookkeeping. As Provincial Racing’s accountant, she acquired intimate knowledge of how the business operated, and in 1995, she became the managing director.
bet365
In 1999, Coates purchased the online betting domain name bet365.com from eBay for $25,000 and set about creating an online gambling portal. The company launched the online betting platform in 2001, borrowing $22.5 million (£15 million) from RBS against its betting shops as collateral. Four years later, in 2005, the shops were sold to Coral for a cool $69.2 million (£40 million), allowing Coates to repay the loan.
In 2015, bet365 moved its headquarters from Stoke, UK, to Gibraltar due to favorable regulations, including a low corporate tax rate. Establishing the online business in Gibraltar also benefited Coates from the UK-influenced regulatory environment and from Gibraltar’s status as a leading international blockchain and virtual assets hub.
bet365 Compensation
| Year | Salary | Dividends | Totals |
|---|---|---|---|
| 2016 | £92,000,000 | - | £92,000,000 |
| 2017 | £217,000,000 | - | £217,000,000 |
| 2018 | £220,000,000 | £45,000,000 | £265,000,000 |
| 2019 | £277,000,000 | £58,000,000 | £335,000,000 |
| 2020 | £421,000,000 | £48,000,000 | £469,000,000 |
| 2021 | £250,000,000 | £50,000,000 | £300,000,000 |
| 2022 | £213,000,000 | £50,000,000 | £263,000,000 |
| 2023 | £221,000,000 | £50,000,000 | £271,000,000 |
| 2024 | £94,700,000 | £63,000,000 | £158,000,000 |
| 2025 | £104,000,000 | £177,000,000 | £281,000,000 |
| Total | £2,109,700,000 | £541,000,000 | £2,651,000,000 |
The table above shows Denise Coates’ annual compensation at bet365 from 2016 to 2025. As you can see, she received £2.65 billion during the period, which equates to roughly $3.55 billion in USD. This is the largest amount of money that a CEO of a British company received during the same timeframe, and works out to an average of £265 million ($355 million) per year.
According to the data, £541 million of Coates’ compensation came from dividends, typically in the ballpark of £50 million per year, give or take £10 million, except in 2025, when she received £177 million.
As for her annual salary, for most of the years provided, she earned at least £200 million. The standout year was 2020, when she earned £421 million in salary, plus £48 million in dividends, bringing her total compensation to £469 million ($610 million).
Stoke City Football Club Acquisition
In 2006, Denise Coates and her family acquired 100% of the EPL soccer club, Stoke City F.C., for a reported £1.7 million through bet365. At the time of the acquisition, the club was roughly £9 million in debt, and that debt was growing. Since buying the team, the Coates family has invested at least £330 million into Stoke City. They’ve essentially lost money nearly every year since 2006, except for the 2024/25 calendar year just gone, in which they recorded profits of £60 million.
In the late 2010s, these losses were substantial, including an £88 million loss in the 2019/20 season. The reason this is important is that the club’s valuation, according to recent estimates, is only about £300 million, which is less than Coates and bet365 have invested. Instead, the family’s acquisition of Stoke City F.C. appears to have been more of a promotional play. The team plays at the bet365 Stadium and sports the bet365 logo on their kit, generating significant advertising for the business.
Entrepreneurs
Master P Net Worth
| Net Worth: | $200 Million |
|---|---|
| Age: | 56 |
| Born: | April 29, 1970 |
| Gender: | Male |
| Height: | 1.91 m (6 ft 3 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Entrepreneur |
| Last Updated: | May 15, 2026 |
Introduction
Master P is an American entrepreneur, record producer, actor, and philanthropist with an estimated net worth of $200 Million.
Quick Facts
- Earned an estimated $181.5 million between 1998 and 2001
- Ex-wife initially sought a $67 million divorce settlement
- Ordered to pay $27,000 per month in child support and alimony
- Estimates suggest he was previously worth as much as $350 million
Earnings History
| Year | Earnings |
|---|---|
| 1998 | $56,500,000 |
| 1999 | $57,000,000 |
| 2000 | $36,000,000 |
| 2001 | $32,000,000 |
| Total | $181,500,000 |
In 1998, Master P was the world’s highest-paid solo musician, earning an estimated $56.5 million. There were a couple of reasons as to why he earned such a substantial sum. Bear in mind that $56.5 million in 1998 would equate to approximately $114.5 million in today’s dollars.
Firstly, Master P released the majority of his music through his own label, No Limit Records, with several reports suggesting that he retained roughly 85% of the profits. Secondly, in late 1997, he released the most successful album of his career, Ghetto D. The album reached platinum certification in the United States, and multi-platinum by January of the following year.
According to our research, Master P also made the Forbes list in 1999, earning an estimated $57 million. He reappeared in 2000 and 2001, though his income had declined significantly, to $36 million and $32 million, respectively. This brought his total earnings over the four-year period to an estimated $181.5 million.
Divorce Settlement
Master P was married to Sonya Miller for roughly twenty-five years, from 1989 to 2014, and the couple had seven children together. In October 2013, Sonya filed for divorce, and reports suggest that she initially sought a $67 million settlement. While an odd number, she claimed she was entitled to 40% of Master P’s empire, thereby valuing it at approximately $167.5 million. She also requested substantial spousal and child support (as expected, given that they had seven children).
In response, Master P argued that Sonya’s valuation was inaccurate and exaggerated. By 2013, the company’s annual revenues had declined significantly, and his net worth was allegedly lower than it had been at the peak of his career. Most people believe that the musician was once worth as much as $350 million.
The divorce was finalized in 2014, and the lump settlement figure was kept confidential. However, Master P was ordered to pay a combined sum of $27,000 per month in child and spousal support.
Real Estate
In February 2003, Master P paid $4 million for an 8,907-square-foot, six-bedroom, eight-bathroom home in Los Angeles, California. The property sits at the end of a cul-de-sac and features a full-size tennis court and outdoor pool. He owned the property for roughly four years before selling it for $4.15 million in November 2007. All things considered, he would have incurred a loss on the investment.
Entrepreneurs
Steve Ballmer Net Worth
| Net Worth: | $120.1 Billion |
|---|---|
| Age: | 67 |
| Born: | March 24, 1956 |
| Gender: | Male |
| Height: | 1.96 m (6 ft 5 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Businessman |
| Last Updated: | February 15, 2024 |
Introduction
Steve Ballmer is an American investor, businessman, and philanthropist with an estimated net worth of $120.1 Billion.
Ballmer built his net worth during his thirty-four-year career at Microsoft, having joined the company when it was worth just a few million dollars. He served as the chief executive officer for fourteen years, earning an average of $1.2 million/year in compensation. His initial 8% stake in the company has since been reduced to less than 4%, with shares worth well over $3.2 billion sold during his tenure.
Since retiring, Ballmer has acquired the Los Angeles Clippers NBA team and begun focusing more heavily on philanthropic efforts with his wife, Connie Snyder. In this profile, we’ll discuss our research on Steve Ballmer’s net worth history, his career at Microsoft, his salary and earnings, and other factors that have shaped his wealth over time.
Quick Facts
- Previously held an 8% stake in Microsoft
- Earned $17.1 million in salary as CEO of the company
- Paid $2 billion to acquire the Los Angeles Lakers NBA team
Net Worth History
| Net Worth: | $120.1 Billion |
|---|---|
| Age: | 67 |
| Born: | March 24, 1956 |
| Gender: | Male |
| Height: | 1.96 m (6 ft 5 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Businessman |
| Last Updated: | February 15, 2024 |
Since nearly all of Steve Ballmer’s wealth was generated through his 8% stake in Microsoft, his net worth history can be tracked relatively easily. In 1986, Microsoft launched its IPO, which skyrocketed Microsoft’s valuation, giving it a market capitalization of $777 million. This gave Ballmer a net worth of roughly $62 million at the time.
By the end of 1990, the company’s market cap had grown to $4.8 billion, increasing the value of his stake to $384 million. In 2000, his stake had grown to an enormous $46.9 billion, but the dot-com bust wiped out over 60% of the company’s valuation in a matter of months. Ballmer often sold shares of Microsoft regularly. The most notable of which was in 2003, when he sold 39.3 million shares for $955 million. This reportedly reduced his ownership stake to 4%.
In 2009, Ballmer’s net worth was estimated at approximately $11 billion. A year later, he reportedly sold more than 83.1 million Microsoft shares across five transactions, totaling more than $2.2 billion. However, it appears he’s been quiet on the trading front since then, with his net worth continuing to increase as Microsoft’s market cap grows.
In 2015, he was worth approximately $21.5 billion; by 2019, he was worth $41.2 billion, and by 2022, $91.4 billion. As of 2025, Steve Ballmer is estimated to be worth approximately $120.1 Billion.
Microsoft
In 1980, Steve Ballmer became Microsoft’s 30th employee, taking on the role of business manager. Upon joining, he received an 8% stake in the company and an initial reported base salary of $50,000/year. He helped oversee the Windows and Office franchises during the late 1980s and 1990s and helped launch Windows 95.
When Bill Gates stepped down as CEO of Microsoft in 2000, Ballmer took his place and led the company until 2014. During this time, Microsoft had some of its most successful years, launching Windows XP, Windows 7, and, most notably, its Xbox gaming console. In 2000, Microsoft reported annual revenues of $25 billion; by the time Ballmer stepped down, this figure had tripled to $78 billion.
Acquisitions
As CEO, Ballmer also led some of the company’s most notorious acquisitions, both good and bad. In 2007, they acquired aQuantive for $6.3 billion to compete with Google in digital advertising. Just five years later, Microsoft effectively wrote off $6.2 billion and admitted its failure.
In 2011, Microsoft acquired Skype for $8.5 billion, perhaps one of the more successful acquisitions during Ballmer’s reign as CEO. In 2013, they also acquired Nokia for $7.2 billion, hoping to compete in the smartphone market, but it again had to be marked down as a multi-billion-dollar write-off.
Microsoft Salary
| Year | Base Salary | Bonus | Total |
|---|---|---|---|
| 2000 | $600,000 | $200,000 | $800,000 |
| 2001 | $656,000 | $374,500 | $1,030,000 |
| 2002 | $656,000 | $324,500 | $980,500 |
| 2003 | $700,000 | $400,000 | $1,100,000 |
| 2004 | $901,000 | $175,000 | $1,080,000 |
| 2005 | $605,000 | $620,000 | $1,230,000 |
| 2006 | $616,667 | $350,000 | $966,667 |
| 2007 | $620,000 | $700,000 | $1,320,000 |
| 2008 | $640,833 | $700,000 | $1,340,000 |
| 2009 | $665,833 | $700,000 | $1,370,000 |
| 2010 | $682,500 | $670,000 | $1,350,000 |
| 2011 | $682,500 | $682,500 | $1,370,000 |
| 2012 | $685,000 | $620,000 | $1,300,000 |
| 2013 | $700,000 | $550,000 | $1,260,000 |
| 2014 | $500,000 | $375,000 | $875,000 |
| Totals: | $9,950,000 | $7,140,000 | $17,090,000 |
Ballmer never had a particularly high salary during his time at Microsoft, at least compared to his overall net worth today. We already mentioned his starting salary of $50,000/year, but how about as CEO?
From 2000 to 2014, as Microsoft’s CEO, Steve Ballmer received an annual base salary ranging from $600,000 to $700,000. The only two outliers from this range were in 2004, when he received $901,000, and 2014, which wasn’t a full calendar year. Ballmer also earned an annual bonus, ranging from $175,000 in 2004 to $700,000 (in multiple years). His average annual bonus as CEO was roughly $510,000.
Overall, this meant he earned between $800,000 and $1.2 million annually for the first seven years. This was followed by earnings of between $1.26 million and $1.37 million annually from 2007 to 2013. He’s estimated to have earned $17.1 million in compensation as the CEO.
Los Angeles Clippers Acquisition
Upon leaving Microsoft in 2014, Ballmer acquired the NBA’s Los Angeles Clippers for $2 billion. Several bids were placed to purchase the team after Donald Sterling, the previous owner, was caught on tape making racist comments and was banned for life by the NBA. Ballmer’s bid was the highest, closing his acquisition of the team. At the time, the purchase was considered an incredibly high-risk move, with professional valuations of the Clippers coming in at under $1 billion.
However, in recent years, his investment has paid off significantly, with the team’s value more than doubling in the last five years. Recent estimates place the club’s value at $5.5 billion, generating $353 million in revenue over the past twelve months.
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Dmac
Sep 10, 2019 at 12:44 pm
smart enough to marry somebody who’s got a lot more Millions LOL