Being the Co-Founder of Google & CEO of Alphabet: Larry Page Net Worth

Larry Page, the co-founder of Google and the chief executive officer of Google’s parent company, Alphabet Inc. is worth a whopping $52.5 billion as of March 2018! Ever since Page co-founded Google Inc., he has had steady growth in all the other business ventures, and today he is one of the wealthiest persons in the world.

Early Life

Lawrence Edward Page was born in East Lansing, Michigan, the U.S. As a child, Page was an avid reader, and he also played the saxophone and studied music composition.

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He attended Okemos Montessori School and graduated from East Lansing High School. He also earned Bachelor of Science in computer engineering from the University of Michigan and a Master of Science in Computer Science from Stanford University. He also holds a PhD from Stanford University.

Larry Page is married to Lucinda Southworth since 2007, and the couple has two children.

Career

Page grew up around technology and science as his father was a computer science professor and his mother was an instructor in computer programming. Page knew that he wanted to start a company when he was just 12.

In 1998, Larry Page co-founded Google with Sergey Brin. Apparently, there exists a lot of confusion about when is Google’s birthday.

The pair came together in 1998 with the mission to organise the world’s information and make it universally accessible and useful. Page assumed the position of CEO after the inception and continued to serve until 2015.

However, in 2001 he stepped down as CEO to give way to the more experienced leaders. After serving as president of products he officially reassumed the position of CEO in 2011.

In 2005, Page led the acquisition of Android for $5 million, which shortly became the world’s most famous mobile operating system.  In the mid-2011, with the growing influence of Facebook, Page released Google’s social network Google+. He also unveiled the Chromebook in 2012.

In 2015, Page announced that he was becoming the CEO of Alphabet Inc., with Sundar Pichai assuming his position in Google Inc.

Page is also an investor in Tesla Motors. He helped to set up Singularity University, a transhumanist think-tank.

Recently, reports stated that Page is personally funding an air taxi startup Kitty Hawk, which is testing its aircraft “Cora”. Kitty Hawk is the subsidiary of Zee.Aero and the company is working on flying cars which is expected to become a reality by 2021, its competitors being Airbus, Boeing and Uber.

Google is undoubtedly one of the most famous search engines, and Page has been garnered with several awards for his services. He was named a World Economic Forum Global Leader for Tomorrow in 2002, received Marconi Foundation’s Prize, and he is also the recipient of EY Entrepreneur of the Year Award in 2003.

Forbes ranked Page on the 24th position in the list of billionaires and the 11th richest person in the U.S in 2011. In 2015, Forbes named him number 1 “America’s Most Popular Chief Executives”. Recently, Page was awarded honorary citizenship of Agrigento, Italy.

Larry Page Net Worth

Larry Page is currently worth a $52.5 billion and is one of the top 10 wealthiest people in the world. Ever since he co-founded Google Inc., Page has invested in numerous business ventures.

House, Automobiles and Yacht

Page currently resides in Palo Alto, California in his 9000 sq. ft. house. The house which cost Page $7.95 million in 2005 features intricate stucco work. Slowly, Page began to buy the adjacent properties to create a large Ecohouse.

He owns a 193 ft. Superyacht “Senses” which cost him $45 million in 2011. The yacht includes a helipad, gym, multi-level sundecks and ten luxury suites. He also owns a private jet “Google Jet” which he bought for around $15 million in 2005.

The entrepreneur’s plush collection of automobiles includes Toyota Prius, Tesla Electric Roadster and a Zero X motorbike.

Philanthropy

Page donated about $20 million to a vocal-cord nerve-function research program at the Voice Health Institute in Boston, U.S.

In 2014, Page’s family foundation, the Carl Victor Page Memorial Fund, gave $15 million to aid the effort against Ebola virus epidemic in West Africa.

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Larry Page has a unique opinion about philanthropy. He stated that upon his death, his fortune would go to Elon Musk, the founder of SpaceX and Tesla motors, instead of any non-profit organisation or his heirs. He stated that Musk has numerous ideas to make the world a better place than a standard charity organisation.

Conclusion

Larry Page has made an enormous contribution to the field of science and technology. The world has seen a major change in technology within two decades. Page, who is 44 now is and always been the most ambitious person who began his business in a small room with about $1 million loans. And today, he is one of the richest entrepreneurs and the most influential businessman.

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