Oleg Shchegolev Has An Insane Net Worth As The Co-founder and CEO Of SEMrush

Oleg Shchegolev is the founder and CEO of SEMrush and SEOQuakeTeam. But, how much is he worth right now?

You must surely have heard of SEMrush if you’re into SEO and even anyone who owns and operates an online media.

Semrush is a platform used for keyword research and online ranking data, including metrics such as search volume, Keyword research, and cost per click.

Semrush is an all-in-one tool suite for improving online visibility and discovering marketing insights. Its tools and reports are able to help marketers that work in the following services: SEO, PPC, SMM, Keyword Research, Competitive Research, PR, Content Marketing, Marketing Insights, and Campaign Management.

Semrush has been compared to Google Analytics for a while but one of the differences is that while the latter provides data only about your own website the former shows data on all websites. Also, Google Analytics offers insights on visitor profiles and website engagement, whereas Semrush provides data on the market, industry, keyword, and backlinks.

The company founded by Oleg Shchegolev, and Dmitri Melnikov is headquartered in Boston, Massachusetts, United States reportedly generated a revenue of 188 million USD in 2021.

On May 2023, MicroTrends reported SEMrush Holdings’ net worth at $1.18B. This led many to inquire about its CEO’s fortune and salary. So, how rich is Oleg Shchegolev and how much does he make?

Profile Summary

Full Name:Oleg Shchegolev
Net Worth:$74.6 million
Salary:Over $1 million
Profession:Business Executive; CEO of Semrush
Company:SEMrush and SEOQuakeTeam
Date of birth:1981
Age:42 years old (as of 2023)
Birthplace:Boston, Massachusetts, United States
Education:Peter the Great St.Petersburg Polytechnic University
Oleg Shchegolev Has An 'Insane' Net Worth As The Co-founder and CEO Of SEMrush
Image Source: SEMrush

What is Oleg Shchegolev’s net worth?

Oleg Shchegolev who lives in Greater Boston Area, United States, North America is currently the Chief Executive Officer and co-founder of both SEMrush and SEOQuakeTeam. He founded SEMrush in August 2008 with Dmitry Melnikov who has been a member of the company’s board since 2012.

Per his LinkedIn, he attended Peter the Great St.Petersburg Polytechnic University in 1997 and graduated with an engineer’s degree in Computer and Information Systems Security/Information Assurance in 2003.

Oleg began his career as an IT engineer starting with the development of SEOquake, which was released in 2006.

Mr. Shchegolev is 42 years old and works with more than 6 executives who are older than him at SEMrush.

Oleg whose mission is to not only revolutionize the industry but to conquer it too, believes in surrounding himself with the right people. On his profile on SEMrush he wrote;

I’ve always believed that surrounding myself with like-minded people would be crucial to reaching my goals and I was absolutely correct. They say you’re only as strong as your weakest link and if that’s true, then I think we’re in pretty good shape.

Under Oleg’s guidance, SEMrush has become a multi-award-winning and truly global company. In 2018, Oleg raised $40 million in funding led by Greycroft, Siguler Guff, and e.ventures.

So, how much is Oleg Shchegolev’s net worth? The current estimated net worth of Semrush Holdings, Inc’s Chief Executive Officer, Oleg Shchegolev, is estimated to be about $74.65M, and makes an estimated salary of $1.12 million as CEO of SEMrush.

Oleg Shchegolev owns about 4,083,331 units of Semrush Holdings, Inc common stock worth more than $33,973,314. In the last 2 years at Semrush Holdings, Inc, Oleg Shchegolev has sold an estimated value of $39.13M worth, per Benzinga.

Oleg Shchegolev Has An 'Insane' Net Worth As The Co-founder and CEO Of SEMrush
Image Source: Hackernoon

Oleg Shchegolev’s largest sale order was 500,000 units, worth over $9.84M on November 24, 2021. In total, Oleg Shchegolev has made about 36 transactions over 2 years of their time at Semrush Holdings, Inc. Oleg Shchegolev usually trades in August, with the busiest year in 2022. The most recent transaction was a sale order of 11,201 units, worth over $110.11K on April 4, 2023.

Per Crunchbase, Oleg Shchegolev has other investments which he earns more money from, for example, he started investing in EWA Learn on Feb 22, 2022, which was valued at $2.7M. Ewa learn English is an innovative method of learning a language. EWA is an educative app that started in 2017 and skyrocketed to the very top chart in the Apple Store and PlayStore within a few years of its launch. Users of the app have options to learn by reading well-known books, or excerpts from popular films and TV.

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