Alex Shevchenko
Source of wealth: Software
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The scale of their wealth
Health
The price of life
Let's compare Alex Shevchenko's fortune with the healthcare spending of a massive country
Alex Shevchenko could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.8 years.
But even if we compare their fortune with that of a rich country
On the other end, Alex Shevchenko could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Alex Shevchenko could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.5 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Alex Shevchenko could pay for it entirely for 0.7 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Alex Shevchenko could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.1 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Alex Shevchenko with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.
Gold
Everyday luxuries
Alex Shevchenko's fortune is equivalent to 13 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Alex Shevchenko could buy 3,417,715 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Alex Shevchenko will almost certainly have enough money left over to pay for the gas.
Biography
Alex Shevchenko is the cofounder of popular grammar checking tool Grammarly and serves as product lead.
He launched the company in 2009 alongside fellow Ukrainian entrepreneurs Max Lytvyn and Dmytro Lider.
The trio had all worked together on Lytvyn and Shevchenko's previous startup, My Dropbox, a plagiarism detector.
Initially programmed as a service to help students with their grammar and spelling, Grammarly claims it is used by over 30 million people and 70,000 professional teams today.
In November 2021, it raised $200 million at a $13 billion valuation from investors including Baillie Gifford and BlackRock.
Forbes estimates that Shevchenko owns a 23% stake, which the company disputes, and that Grammarly is worth around $8 billion today.
Financial Assets
Financial assets information not available.
Monthly wealth history
Fortune comparison
Historical data not available for comparison