Meet Grammarly founders Max Lytvyn, Alex Shevchenko and Dmytro Lider: the AI app turned Lytvyn and Shevchenko into billionaires – but they still give back to their native Ukraine

  • Lytvyn and Shevchenko made the Forbes billionaires list in 2021, thanks to US$200 million investments including from Baillie Gifford and BlackRock Inc.
  • Their grammar-checking start-up has earned them a net worth of US$4 billion each, but their third co-founder Dmytro Lider’s value is yet to be estimated

Dmytro Lider, Max Lytvyn and Alex Shevchenko of Grammarly. Photo: Yaroslav Azhnyuk/Facebook
Since Grammarly was founded in 2009, Ukrainian-born entrepreneurs Max Lytvyn and Alex Shevchenko have joined Forbes’ billionaires list. The popular grammar-checking tool bagged US$200 million in funding in November 2021, skyrocketing their net worths to at least US$4 billion each.

Aside from founding Ukraine’s most expensive tech start-up together with Dmytro Lider, and supporting the war-stricken country, what else do we know about them?

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