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Serena Williams and Alexis Ohanian Secure a Future of Wealth for Their Daughters with Strategic Investments

August 11, 2024

 

 

 

Serena Williams and Alexis Ohanian, a power couple known for their accomplishments in tennis and tech, have made headlines once again—this time, for their forward-thinking financial investments that have secured a bright future for their daughters.

As reported by AfroTech™, the couple has demonstrated a strong commitment to investing in their children’s futures, making calculated moves that have already reaped significant rewards. Their first daughter, Alexis Olympia Ohanian Jr., gained widespread attention at just 2 years old when she became the youngest owner of a professional sports team. Olympia was listed as an investor in Angel City FC, a National Women’s Soccer League team based in Los Angeles, alongside her parents.

Photo Credit: AfroTech 

 

“As someone who spends hours kicking around a football with my two-year-old daughter, I want her to have a front-row seat to this revolution,” Alexis Ohanian said at the time of the investment. “I’m personally investing on behalf of my family because creating more opportunities in women’s sports is important to my wife and me, and we want to be a part of making a better future for our daughter.”

In August 2023, the couple welcomed their second daughter, Adira River Ohanian. True to their commitment to securing their children’s futures, Adira quickly followed in her sister’s footsteps. Even before celebrating her first birthday, Adira became an investor in Tiger Woods and Rory McIlroy’s tech-infused golf league, TGL, joining Olympia as the youngest owners of two professional sports teams, including their shared stake in Angel City FC.

These investments were facilitated through a trust, as Ohanian explained on the podcast “The Twenty Minute VC (20VC),” hosted by Harry Stebbings. Ohanian shared the strategy behind these early investments, which have already turned his daughters into multi-millionaires.

“The smartest thing I did was I asked our LPac, ‘Listen, I believe it’s going to help this deal a lot if I can invest $250,000 personally via a trust for my daughters because of the storytelling around (at the time), ‘Serena and Alexis’ daughter is the youngest owner in pro sports,’” Ohanian revealed during the podcast. “That’s gonna be valuable for helping us tell the story… It’s good marketing.”

He continued, “So the good news is I set that up. It’s not just for Olympia but all of our future kids… And they’re now actually, because of this latest round, they’re literally multi-millionaires because of that one investment four years ago. So there’s a part of that that makes me feel really good, which was like, ‘Hey, I saw something early.’ Obviously, my kids are gonna be fine. But I’m in the point of my life where I’m in the legacy-building mode, and the two people who I care the most about are these little kids. So that feels good.”

 

 

This story is a testament to the couple’s dedication to creating generational wealth and empowering their daughters from a young age. Through strategic investments and a commitment to legacy-building, Serena Williams and Alexis Ohanian are ensuring that Olympia and Adira will not only have financial security but also a significant stake in the future of sports and technology.

 

Credit: AfroTech

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