Overview

• Alexis Ohanian drafted a formal allowance contract for his daughter Olympia, with Serena Williams negotiating terms on her behalf, including weekends off.
• Olympia receives $7 per week for completing weekday chores like feeding the dog and tidying her clothes, instilling a connection between effort and reward.
• The system has helped Olympia learn financial responsibility, including saving nearly $100 for a desired toy and understanding the value of patience and budgeting.
• Ohanian recently shared Olympia’s affectionate calendar drawing for his 42nd birthday, highlighting the close bond within their family.
• Both Williams and Ohanian aim to balance their wealth with lessons that prepare Olympia to be a functional adult, rooted in their own non-wealthy upbringings.