Entertainment
How the tech mogul’s net worth is now approaching $300 million

Of all the traits related to influential people, ethics is normally not at the top of the list. However, Reddit co-founder Alexis Ohanian could also be an exception.
On March 21, 2024, Reddit went public on the New York Stock Exchange with an expected valuation of $6.4 billion. After a pointy rise in shares, the first day of trading ended with a market capitalization of $7.7 billion. Ohanian – the public face of Reddit and husband of tennis legend Serena Williams – was notably absent from the IPO ceremony and was nowhere to be found.
Despite deep ties to Reddit, he and co-founder Steven Huffman sold the company to Condé Nast in 2006 for $10 million, a couple of 12 months after they began it of their dorm room at the University of Virginia. But the longtime friends maintained influential roles on Reddit for years — until Ohanian took a daring stand on hate speech and resigned his board seat.

In 2020, Ohanian severed ties with Reddit amid widespread protests following a brutal police murder George Floyd, calling on the company to interchange him with a Black board member (which Y Combinator CEO Michael Seibel did). The platform, which bills itself as the “front page of the internet,” has been heavily criticized for hosting channels that promote hate and racism. Many felt that Huffman (who had also publicly denounced racism) was too slow to act, and that since Ohanian had left, former business partners apparently they do not talk.
“I write this as a father who must be able to answer his black daughter when she asks, ‘What did you do?’” Ohanian wrote in his resignation letter.
Ohanian is known for his advocacy of inclusion, diversity and equal rights, and has pledged to make use of future profits from his Reddit shares to serve the black community and deal with reducing racial hatred. Quickly, actually he proved his mettle donating $1 million to former NFL player and activist Colin Kaepernick to the Know Your Rights Camp.
“I believe the resignation may actually be an act of leadership on the part of the people currently in power. To all those fighting to repair our broken nation: keep going,” Ohanian wrote in 2020.
From what we are able to tell, Ohanian holds fast to his ideals and continues to place family over business, as he planned to skip the IPO and spend spring break along with his daughters as a substitute. “Everyone is asking if I’m going to New York for the IPO @reddit – it’s my daughter’s spring break so I’m taking her and the girls on vacation,” he wrote on X.
Huffman continues to function CEO and is currently facing backlash over his 2024 compensation package, which incorporates an annual salary and a pre-IPO stock bonus of $193 million. Meanwhile, Ohanian’s total net worth is estimated at $150 million. But he recently published in October that he owns some Reddit stock from his time as CEO a decade ago. Ohanian also runs an early-stage enterprise capital firm, SevenSixSeven, and now, because of its IPO, his net worth may approach that of his wife, William. estimated at $300 million.
Regardless of how the IPO seems for Ohanian, he’s in good hands with Williams, which is making some winning investment moves. In a March 20 Instagram video, Williams gave a sneak peek at her strategy.
“After leaving tennis, I invest a lot. Mainly with “us” women, people of various skin colours and variety. I began investing over 12 years ago and have over 14 unicorns (corporations valued at over $1 billion) in my portfolio. I like investing and supporting individuals who have never had a likelihood to speculate their ideas. Did you recognize that before I began investing, female founders received lower than 2% of all Venture Capital money? Now I’m working on changing that number. If you’ve gotten a business, I’d love to listen to your story.
Do you hear this, entrepreneurs? We have a sense her DMs are going to explode.
Entertainment
ICEM: Tracee Ellis Ross’s Blunt Ponytail and more – essences

@traceeellisross / Instagram
Warm or cool? Dark or blonde? The celebrities have been divided over the past week, which caused their argument for a lot of beautiful appearances to see what sticks. From the tonal division into eye shadows to a tie between blunt cutlets and hair extension, the most effective moments existed in indecision.
While Jorja Smith and Alva Claire decided to, respectively, on a denim and stone cold eye shadow, red lip of Ayo Edibir, blushing and brown bob suited her warm disposition. Very long ARI Lennox water waves mean long blond hair (combined with small pink makeup).
On the opposite hand, Tracee Ellis Ross and the star Essence March/April Tyra Banks was consistent: blunt and raw cuts are an unexpected trend this season. But Rihanna, noticed at Fenty Beauty, meeting in Paris, preferred to stay classic. Her powdered under the eyes combined with a standard lip: a dark insole and a brand new one Gloss bomb lip oil In “Rose Amber”.
If you missed this, have a look at the 11 best moments of the great thing about celebrities from the week.
Entertainment
Mara Brock Akil wants to make a movie “Girls” – only needs financing
Until now, the cultural trace of the story of Mara Brock Akil is undeniable. Her latest series, “Forever”, had all of us in our feelings last weekend (including this creator). But for fans of her earlier work “Girlfriends”, “Love Is” and “The Game” there’s also also also one query that never disappears: Will we ever receive the precise sending for ladies “girls”?
Apparently Akil wants it as much as we do.
In a recent seat in “Sherri” Akil said she was trying to revive the movie “Girls”
“I want to tell this story … I want to write an epic film (” Girls “); I tried to tell this story, “Akil admitted before I revealed that its biggest road blockade on this project was financing.
“So I have a good idea for us now,” she added. “Where is your phone? Do you know someone who has $ 50 million on your phone? Do we have five people who have $ 10 million? Do we have 10 million (people) who have five?”
Considering what variety of viewers Akil loves the work, social media users were shocked, hearing that the creator of “girls” is trying to get financing their projects.
“From the CV Mara Brock Akil should not be begging you to invest in her stories. This is crazy,” commented one user About the actual fact.
“If sex and city got two spinoff films, we can finish girls, someone will open their wallet” Another user wrote on Twitter.
While Shepherd was joking about “handing over the album” to finance the film, she also emphasized how difficult it’s to get projects in Hollywood, even throughout the case of essentially probably essentially essentially essentially probably probably essentially essentially essentially essentially probably probably probably essentially essentially essentially essentially essentially probably essentially essentially essentially essentially essentially essentially essentially essentially essentially probably probably essentially essentially probably probably probably essentially essentially probably probably essentially probably probably probably probably probably essentially essentially essentially essentially essentially essentially essentially probably essentially essentially probably essentially probably essentially essentially probably probably probably probably probably essentially essentially probably essentially probably probably essentially probably essentially essentially probably probably probably essentially probably essentially essentially essentially probably probably essentially probably essentially probably probably probably essentially essentially probably probably essentially probably essentially probably essentially probably essentially probably essentially essentially essentially probably probably essentially probably essentially essentially probably probably probably probably probably essentially essentially probably essentially essentially essentially essentially probably probably essentially essentially probably essentially probably probably probably probably probably probably probably probably essentially essentially probably essentially essentially essentially probably essentially essentially essentially essentially probably essentially essentially probably probably probably essentially essentially essentially essentially essentially probably probably essentially essentially essentially probably essentially probably essentially probably probably probably essentially essentially essentially probably probably probably probably probably probably essentially probably essentially probably essentially probably probably probably probably essentially probably probably probably probably probably essentially essentially essentially probably probably probably essentially probably essentially essentially essentially essentially probably essentially essentially probably probably essentially probably probably probably probably probably probably essentially essentially probably essentially probably essentially essentially essentially probably probably probably essentially probably essentially probably essentially essentially essentially essentially probably essentially essentially essentially probably essentially probably essentially probably probably probably probably probably probably probably essentially essentially essentially probably essentially essentially probably essentially probably probably essentially essentially probably essentially probably essentially probably essentially essentially essentially probably essentially probably essentially essentially essentially probably essentially essentially probably probably essentially probably probably probably essentially essentially probably probably essentially essentially essentially probably essentially essentially probably essentially probably probably essentially probably probably probably probably essentially probably probably essentially probably essentially essentially probably probably essentially probably probably essentially probably probably probably essentially essentially essentially essentially essentially probably essentially essentially essentially essentially probably essentially essentially probably essentially essentially essentially probably essentially probably probably probably essentially probably probably essentially essentially essentially probably essentially probably probably probably probably probably essentially probably probably probably essentially probably probably probably probably probably probably essentially essentially essentially probably probably essentially probably the most respected names in the game. The premiere of “Girlfriends” in 2000 and ran for eight seasons, giving us 172 episodes with the participation of Tracee Ellis Ross, Golden Brooks, Jill Marie Jones, Persia White and Reggie Hayes. The program suddenly stopped in 2008 through the writers’ strike, leaving too many unanswered fans about Joan, Toni, Maya, Lynn and William.
Still, Akil didn’t lose hope. And she didn’t lose gratitude for the fans base, which stays to be going to history.
“I really want to thank the audience because you didn’t let go and (I),” Akil added.

To
Entertainment
Janelle Monáe, Fast Cars & Future Worlds: Cadillac’s F1 Launch means a new era of American innovation – Essence
Courtesy
Under the shining lights contained contained contained contained throughout the style of Art Deco South Beach, the new era of American perfection roared to life. Cadillac, a luxurious automotive brand, has long been related to innovation and cultural prestige, presented its official team Formula 1-TWG Motorsports X Cadillac F1-on one night the celebration, which gathered fashionable, future design and non-systemic expression. In the middle of all this, standing like lightning between heritage and future energy, he was an artist and 10-fold grammy nominatedJanelle Monáe.

In the re-image to the Queen Theater contained contained contained contained throughout the style of the Nineteen Forties-the night-transformed Cadillac-Monáe club delivered performances for a crowd as electric for the rationale that vision of the brand. It was a deliberate collision of speed, style and telling stories. Guests very very like Victoria Monét, Micalene Thomas and Jurnee Smollett were present.
“The brand had just had a place in my heart,” Monáe said, asked why she said “yes” to the performance. “Cadillac was part of my life since I was once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once once small. My dad had two sedans and the wood of the fleet. I just remember how he was with him contained contained contained contained throughout the automotive, and he was collecting me from school in Cadillac. This is more more more vulnerable to be the one American company that represents the innovation, because they could thoroughly be contained contained contained contained throughout the automotive.
This kind of full moment every time you realize what this premiere really represents. Cadillac is currently the one American luxurious brand entering the exclusive, dominated by the euro world of the Formula 1-SPORTH racing, which, which, Historically, he didn’t sculpt his place for a black presence. Until now.
And then he’s monáe-defective, futuristic, deeply rooted. An ideal character to anchor the evening.
There is a reason why Monáe moves so freely contained contained contained contained throughout the media – Music, Film, Literature, Fashion – but he throughout the least times feels as whether it’s just starting. He sees no boundaries. He doesn’t consider staying in a single lane.
“I always discover new things about my art and who I am, allowing myself to redefine how I look at life, music and creativity. I am constantly building global building,” says the singer “Electric Lady”. “I’m in the middle of the world now – I am building more music, more visualizations, more communities, more great ideas that, hopefully, will open the future for more artists and will be as innovative as they want.”
And you greater than likely can feel that when approaching cooperation. For her it’s about energy. It’s about resonance. It’s about constructing something that did not exist before.
“I am very non-binary in the way I think about where I can go, who I can be and who I can work. She is always sexy for me, when I can cooperate with an artist or a company or with another community in which I can not necessarily be every day, and we create something that is one of a kind,” he says.
This spirit was dense in peace. A mix of creation – musicians, technological entrepreneurs, designers, athletes and influential – like all of the tissue of real -time culture.

It’s easy to wander away in Formula 1 gloss and chic silhouettes. But Monáe doesn’t move through the world, making wealth. When the subject of luxury appeared, it was measured. Intended. Even a bit delicate.
“I grew up with my parents’ parents. My mother was a janitor, my father was a trash, my grandmother served food for 25 years. I watched the uniforms and live payments. My dad bought a used Cadillac at auction.”
For her, luxury was not about labels – it was about safety. It was Sundays contained contained contained contained throughout the kitchen. It was a bill that did not hang over your head. It was safety, not throwing away.
“I try to use all my possibilities to take my family and let them experience what I experience. I hope that one day we will simply be able to remove this division [the idea that] Luxury is only for a higher level or people who earn a certain amount of money, “it stopped briefly.” I want people like my parents work for the community, have more access to things that have one percent. “
There is throughout the least times something quiet radical in watching a black woman occupying a place in high-power rooms-he does it without compromise. This made the presence of Monáe in Miami so significant. Not only did she appear. Changed the atmosphere. Its performance was electric.
It was a kind of performance that not only entertained, but completely calibrated the room again. This moment, tonight – was about honoring the roots throughout the dream of ahead. It was about taking space that weren’t originally built for us and remodeling them into our image.
It was a real present evening. Reminder that black creativity, black perfection and black luxury are fundamental.
When Cadillac is preparing to take his place on the F1 net, the meaning of voices very very like Monáe cannot be overestimated. Her presence and vision are rooted in capital, expression and expansion, and if the long term of Cadillac resembles the world he builds, it’s a step forward.
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