In a world where celebrity kids grow up surrounded by luxury and rarely lift a finger, Serena Williams and Alexis Ohanian are playing a different game. And just like on the tennis court or in the boardroom, this power couple is setting the rules themselves—starting with a modest $7-a-week allowance for their 7-year-old daughter, Olympia.
Yes, seven dollars. That’s the going rate, even if your mom is a 23-time Grand Slam champion and your dad co-founded Reddit.
From Boardrooms to Brooms: Why Chores Come Before Cash
A report from CNBC Make It read that, Olympia’s pocket money doesn’t come easy. As revealed by Ohanian in a light-hearted social media video on April 24, her weekly earnings are hard-won through a child-friendly regimen of chores—feeding the family dog, sorting laundry into hampers, and tidying up her bed, all five days a week.
The twist? Olympia didn’t just accept this financial arrangement like any average second-grader might. “Serena was her lawyer in the negotiation,” Ohanian chuckled, describing the scene of a domestic contract being drawn up, with mom acting as legal counsel. “Her mom was her counsel, which was really frustrating,” he admitted, adding a humorous behind-the-scenes glimpse into this modern-day parenting sitcom.
The Watch That Taught a Priceless Lesson
It’s not just about allowance—it's about understanding value. Ohanian recounted how Olympia once saved up $100, eyes set on a $125 watch. The missing $25 became a lesson in patience and perseverance. She had to bridge that gap on her own—an experience that her parents believe helped her internalize a crucial life lesson: rewards feel better when you’ve earned them.
“We’re trying to create that flywheel between doing the work and getting the money,” said Ohanian, clearly seeing parenting as a startup project of its own—except this time, the ROI is measured in values, not venture capital.
Millionaires with a Blue-Collar Mindset
What makes this approach truly compelling is that it comes from two individuals who could easily afford to hand their children everything. Serena Williams, the most decorated woman athlete in history, boasts a staggering net worth of $340 million. Ohanian, once dubbed the ‘Mayor of the Internet,’ had already sold Reddit to Condé Nast for $10 million by the age of 23 and is currently steering his venture capital firm, Seven Seven Six.
But both parents share something more valuable than money: early-life hustle. Serena was competing professionally at 14, and Ohanian was already disrupting the tech world in his early twenties. That same grit, they hope, will one day fuel Olympia—and her baby sister, Adira, who is just one—for futures built on work, not entitlement.
Raising Empires, Not Entitlements
In an era where headlines often read like cautionary tales about celebrity kids and their detached upbringing, the Williams-Ohanian household is quietly rewriting the narrative. It’s not about the money they have—but about the mindset they’re instilling.
Olympia may only get $7 a week for now, but with parents like Serena and Alexis, she’s being coached not just to succeed—but to earn it.
Yes, seven dollars. That’s the going rate, even if your mom is a 23-time Grand Slam champion and your dad co-founded Reddit.
From Boardrooms to Brooms: Why Chores Come Before Cash
A report from CNBC Make It read that, Olympia’s pocket money doesn’t come easy. As revealed by Ohanian in a light-hearted social media video on April 24, her weekly earnings are hard-won through a child-friendly regimen of chores—feeding the family dog, sorting laundry into hampers, and tidying up her bed, all five days a week.
The twist? Olympia didn’t just accept this financial arrangement like any average second-grader might. “Serena was her lawyer in the negotiation,” Ohanian chuckled, describing the scene of a domestic contract being drawn up, with mom acting as legal counsel. “Her mom was her counsel, which was really frustrating,” he admitted, adding a humorous behind-the-scenes glimpse into this modern-day parenting sitcom.
The Watch That Taught a Priceless Lesson
It’s not just about allowance—it's about understanding value. Ohanian recounted how Olympia once saved up $100, eyes set on a $125 watch. The missing $25 became a lesson in patience and perseverance. She had to bridge that gap on her own—an experience that her parents believe helped her internalize a crucial life lesson: rewards feel better when you’ve earned them.
“We’re trying to create that flywheel between doing the work and getting the money,” said Ohanian, clearly seeing parenting as a startup project of its own—except this time, the ROI is measured in values, not venture capital.
Serena Williams and Alexis Ohanian welcome their second child, a girl named Adira River. ❤️
— NBC Olympics & Paralympics (@NBCOlympics) August 22, 2023
(🎥 @serenawilliams) pic.twitter.com/CVc2Igg4V9
Millionaires with a Blue-Collar Mindset
What makes this approach truly compelling is that it comes from two individuals who could easily afford to hand their children everything. Serena Williams, the most decorated woman athlete in history, boasts a staggering net worth of $340 million. Ohanian, once dubbed the ‘Mayor of the Internet,’ had already sold Reddit to Condé Nast for $10 million by the age of 23 and is currently steering his venture capital firm, Seven Seven Six.
But both parents share something more valuable than money: early-life hustle. Serena was competing professionally at 14, and Ohanian was already disrupting the tech world in his early twenties. That same grit, they hope, will one day fuel Olympia—and her baby sister, Adira, who is just one—for futures built on work, not entitlement.
Raising Empires, Not Entitlements
In an era where headlines often read like cautionary tales about celebrity kids and their detached upbringing, the Williams-Ohanian household is quietly rewriting the narrative. It’s not about the money they have—but about the mindset they’re instilling.
Olympia may only get $7 a week for now, but with parents like Serena and Alexis, she’s being coached not just to succeed—but to earn it.
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