Max Lytvyn

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Max Lytvyn (Ukrainian: Макс Литвин) is a Ukrainian programmer and billionaire, co-founder of Grammarly.

Biography

He studied at the English-language International Christian University (a Kyiv higher education institution that existed until 2013)[1].

In 2004, he went to study at the University of Toronto for a master's program[2].

In 2004, together with Oleksiy Shevchenko, he launched his first company, MyDropbox in Toronto[3][4]. Their service checked student papers for plagiarism. By 2007, it was used by 800 universities[5][citation needed]. A year later, Shevchenko and Lytvyn sold the service to Blackboard. Under the agreement, Max worked at Blackboard for another two years[citation needed].

In 2009, together with Oleksiy Shevchenko and Dmytro Lider, he founded Grammarly — an online service for checking English text spelling and grammar[6]. In 2019, the company became valued at $1 billion. In 2021 — $13 billion[7][8][9].

Net Worth

  • In 2020, Max Lytvyn's net worth was $250 million, ranking 36th on the Forbes list of the richest Ukrainians[citation needed].
  • In 2022, Max Lytvyn's net worth was $4 billion (in February) and $2.3 billion (in December), ranking 2nd on the Forbes list of the richest Ukrainians[10].
  • In 2023, "NV. Business" estimated Max Lytvyn's net worth at $865 million. He ranked 7th on the list of the richest Ukrainians.[11]

References

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