As the newspaper writes, the fortune of each of the creators of the service is now at least $ 4 billion.
“The round of investments for $ 200 million not only catapulted the company’s value to $ 13 billion, but also made two of its founders, Maxim Lytvin and Alexei Shevchenko, billionaires,” Forbes notes.
According to the newspaper’s estimates, Lytvyn and Shevchenko each own 35% of the company they created. Another 22% of the shares are owned by investors who took part in two investment rounds in 2019 and 2021. The share of the third founder of Grammarly Dmitry Leader is estimated at 1%.
The company did not confirm the Forbes estimates and declined to disclose the ownership structure.
“Grammarly is a private company and does not disclose data on the composition of the owners and the distribution of their shares,” the company replied to the publication.
In the rating of the Ukrainian Forbesdrawn up in May 2021, Lytvyn and Shevchenko, with a fortune of $ 260 million, were in 38th and 39th places.
If the Ukrainian edition takes into account the assessment of the American Forbes and will make changes to the rating “100 richest Ukrainians “, then Lytvyn and Shevchenko will be in it in second and third places – right after businessman Rinat Akhmetov, whose fortune is estimated by the magazine at $ 7.6 billion.
Grammarly is an AI-powered online platform to help you communicate in English. The project works as an extension available in applications for smartphones and computers. By evaluation of the company, Grammarly is used by more than 30 million people daily.
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