Max Lytvyn
Max Lytvyn (Ukrainian: Макс Литвин) is a Ukrainian programmer and billionaire, co-founder of Grammarly.
Biography
[edit]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
[edit]- 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
[edit]- ↑ "Profit-Show XXVI: Alexey Shevchenko and Maxim Litvin, Grammarly". DOU (in Russian). Archived from the original on November 11, 2021. Retrieved 2021-11-11.
- ↑ "Максим Литвин — біографія співзасновника Grammarly". abiznes.com.ua (in Ukrainian). Retrieved 2026-02-28.
- ↑ "Max Lytvyn from Grammarly, about the project, hiring policy and more". replyua.net. Archived from the original on November 11, 2021. Retrieved 2021-11-11.
- ↑ "Grammarly — artificial intelligence made in Ukraine". Business Arena (in Russian). 2017-05-15. Archived from the original on November 11, 2021. Retrieved 2021-11-11.
- ↑ "Successful Ukrainian startups: The case of Grammarly". Ukrainian Cluster Alliance. 14 December 2020. Retrieved 2026-02-28.
- ↑ "How Grammarly spent 10 years becoming Ukraine's first "unicorn"". Vector (in Russian). 2019-10-11. Archived from the original on November 11, 2021. Retrieved 2021-11-11.
- ↑ "Ukraine's most expensive startup is worth $13 billion. How the net worth of Grammarly founders is now estimated — Forbes.ua". forbes.ua (in Russian). 2021-11-18. Archived from the original on November 18, 2021. Retrieved 2021-11-18.
- ↑ "A "spell checker" worth $13 billion. How Ukrainian Grammarly manages to conquer the world". LIGA (in Ukrainian). 2021-11-18. Archived from the original on November 18, 2021. Retrieved 2021-11-18.
- ↑ "Grammarly raises fresh funds at $13 billion valuation". Reuters. 2021-11-18. Archived from the original on November 18, 2021. Retrieved 2021-11-18.
- ↑ "20 richest Ukrainians of 2022 — Forbes.ua". forbes.ua (in Ukrainian). 2022-12-27. Retrieved 2023-02-17.
- ↑ "They taught the world to write in English. How Grammarly founders Shevchenko and Lytvyn made it into the top ten richest Ukrainians". NV (in Ukrainian). 2023-12-20. Retrieved 2025-04-10.