Billionaire Profile
Alex Shevchenko
Global Rank
#2244

Image: Alex Blokha | CC BY-SA 4.0 | via Wikimedia Commons

Alex Shevchenko

CEO, Software
CANADA
Real-Time Net Worth
$1.869B
Estimated based on Software stock value as of April 20, 2026
0% (24h)
Age
46
Source
Software
Industry
Technology
Citizenship
CANADA

Biography

Alex Shevchenko is a Canadian-Ukrainian entrepreneur best known as the co-founder and Product Lead of Grammarly, a leading AI-powered writing assistant. His estimated net worth is $1.9 billion, primarily from his stake in Grammarly, a software company that revolutionized digital communication. He is recognized for his achievements in the technology sector. Shevchenko's career has been marked by a focus on product development and strategic vision. He has also shown dedication to personal development and has a long streak of daily meditation.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Alex Shevchenko was born in Ukraine and later became a Canadian citizen. He attended the International University in Vienna, Austria, earning a BBA, and furthered his education with an MBA from the University of Toronto's Rotman School of Management.

Rise to Success

Shevchenko's career took off with the co-founding of Grammarly in 2009. Grammarly, initially conceived to assist students with grammar and spelling, has since evolved into a leading AI-driven communication assistant used by millions. Forbes estimates that Shevchenko owns a 23% stake in Grammarly. Before Grammarly, he co-created MyDropBox, a plagiarism detection company acquired by Blackboard Inc.

Key Business Strategies

As the Product Lead at Grammarly, Shevchenko oversees product development, ensuring every aspect of the product gets the attention it deserves. Grammarly's success is attributed to its ability to identify and capitalize on the growing need for effective written communication across various platforms. The company has expanded its offerings, including Grammarly Business, and currently serves over 30 million users and 70,000 professional teams.

Philanthropy

While specific amounts are unavailable, Alex Shevchenko has supported various causes. He also serves on the board of FarmTogether, a technology-enabled farmland investment platform where he's a seed investor.

Career Milestones

2009

Co-founded Grammarly

Launched Grammarly, a writing assistant that has grown into a leading AI-powered communication tool.

2021

Grammarly Valuation

Grammarly raised $200 million at a $13 billion valuation.

2021

Forbes Billionaire

Alex Shevchenko was listed as a Billionaire by Forbes.

Philanthropy & Social Impact

Investment

FarmTogether

Undisclosed

Serves on the board as a seed investor.