BillionaireNet
Lytvyn
Max Lytvyn
Rank #2058
CANADATechnologySoftware

Max Lytvyn

Net Worth
$1.869B
0% (24h)
Max Lytvyn, co-founder of Grammarly, is a Canadian citizen and technology leader. His career began with a focus on plagiarism detection before he co-founded Grammarly in 2009 with Alex Shevchenko and Dmytro Lider. Grammarly, an AI-powered writing assistant, has revolutionized communication for over 40 million daily users and 50,000+ organizations. Lytvyn's wealth source is software, stemming from Grammarly's success. His leadership has contributed to the company's impressive growth, and a current net worth of $1.9 billion. Lytvyn's educational background includes an MBA from Vanderbilt University. He focuses on identifying and expanding new market opportunities for Grammarly's product portfolio, and he has been recognized for his achievements by Forbes.

The Full Dossier

Early Life and Education

Max Lytvyn was born in Kyiv, Ukraine, on December 3, 1977. He received his basic education there. Lytvyn later graduated from the International Christian University in Kyiv with a bachelor's degree in Management Information Systems. He furthered his education by moving to the United States, where he earned an MBA from Vanderbilt University's Owen Graduate School of Management.

Rise to Success

Before co-founding Grammarly, Lytvyn worked on plagiarism detection technology. He co-created MyDropBox, a plagiarism-detection company, which was later acquired by Blackboard Inc.. Following the acquisition, Lytvyn served as the Director of Product Strategy at Blackboard. In 2009, Lytvyn, along with Alex Shevchenko and Dmytro Lider, founded Grammarly. Initially, Grammarly was designed to help students with grammar and spelling. It has since evolved into a comprehensive AI-driven grammar checker.

Key Business Strategies

Lytvyn's role at Grammarly is focused on identifying and expanding new market opportunities. Under his leadership, the company continuously improves its AI algorithms, adds new features, and expands its global presence. Grammarly has grown significantly, with over 40 million users daily and a valuation of $13 billion as of 2021. In May 2025, Grammarly raised $1 billion in non-dilutive financing to build a comprehensive AI-powered productivity platform.

Philanthropy

In July 2024, Grammarly donated approximately $500,000 to help rebuild the Okhmatdyt children's hospital after it was damaged by a Russian missile strike.

Career Timeline

2025

Grammarly Funding

Grammarly raised $1 billion in debt financing from General Catalyst.

2021

Grammarly Valuation

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

2009

Co-founded Grammarly

Co-founded Grammarly, an AI-powered writing assistant.

Philanthropic Impact

Humanitarian Aid$0.5M

Okhmatdyt Children's Hospital

Donation to help rebuild the Okhmatdyt children's hospital after it was damaged by a Russian missile strike.

Wealth Trajectory