Serena Williams and husband Alexis Ohanian have been attempting to teach daughter Olympia about the value of money, particularly given their estimated combined net worth of $410 million. However, Ohanian was left “frustrated” by wife Serena after the couple clashed over Olympia’s weekly allowance.
Serena Williams and Alexis Ohanian Disagree Over Daughter’s Allowance
Serena Williams, being one of tennis‘ all-time greats, and Alexis Ohanian, one of the tech space’s most influential founders, have lifted the curtain on their day-to-day struggles with teaching daughter, Olympia, about the value of money.
The husband and wife paring combine for an eye-watering €410m net worth, making them one of the richest celebrity couples in the world.
However, Reddit co-founder Alexis Ohanian, who previously revealed eldest daughter Olympia receives a $7 weekly allowance in exchange for doing housework, has said him and Serena clashed over weekends being included in the deal.
Olympia, now seven-years-old, even has a contract drawn up for the $7 allowance, although she had mother Serena lobbying for her to have ‘weekends free’.
Ohanian said: “Yes, Olympia’s got a contract. $7-per-week allowance — negotiated by her mom (who somehow got her weekends off).
“Feed the dog, clothes in the hamper, make her bed, get paid. We’re trying to build the muscle: work = reward. Good things come when you work for it.”
He continued by saying that Serena acted as Olympia’s personal counsel in negotiations over the conditions of the contract, describing the back-and-forth between the parties as frustrating.
“Serena was her lawyer in the negotiations,” he said.
“I drew up a real contract. Her mom was her counsel, which was really frustrating. She’s gotta feed the dog, put her clothes in the hamper, makes her bed.
“We’re trying to create that flywheel between doing the work and getting the money, and then understanding that there are things you could want.
“Neither Serena nor I grew up with wealth, so we’re both trying to navigate how to create the circumstances for her to be able to be a functional adult while also having resources that we couldn’t have imagined.”
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