What is Larry Page’s Net Worth in 2024?
Larry Page, the co-founder of Google and one of the most influential figures in the tech industry, has amassed substantial wealth throughout his career. As of 2024, Larry Page’s net worth is estimated to be around $114.8 billion, making him one of the wealthiest individuals on the planet.
Early life of Larry Page
Lawrence Edward Page, popularly known as Larry Page, was born on March 26, 1973, in East Lansing, Michigan. From an early age, Page showed an interest in technology and computers. His father, Carl Page, was a computer science professor at Michigan State University, which likely played a significant role in fostering Page’s passion for the field.
PhD studies and research
Page pursued his higher education at Stanford University, where he earned a Bachelor of Science degree in computer engineering. Continuing his academic journey, Page went on to pursue a Ph.D. in computer science, also at Stanford. During his doctoral studies, he focused on the concept of extracting meaning from the immense amount of data available on the World Wide Web. This interest laid the foundation for what would later become the core technology behind Google’s search engine.
In 1998, Larry Page co-founded Google alongside Sergey Brin while they were still Ph.D. students at Stanford. Initially, the search engine was called “Backrub” and operated from their dorm rooms. However, they soon renamed it “Google,” a play on the word “googol” (a mathematical term for the number 1 followed by 100 zeros). The search engine quickly gained popularity due to its revolutionary algorithm, PageRank, which ranked web pages based on their relevance and importance.
Under Page’s leadership, Google grew into a global technology powerhouse, offering a wide range of products and services beyond its search engine, such as Gmail, Google Maps, Google Drive, and Android. Page served as the CEO of Google from 1998 to 2001, and then again from 2011 to 2015, when Google restructured and became Alphabet Inc., a conglomerate overseeing various subsidiaries, including Google.
Personal life
Larry Page is known to be a private individual, keeping his personal life largely out of the public eye. He married Lucinda Southworth, a research scientist, in 2007. Together, they have two children. Page has been described as an introvert, preferring to focus on his work rather than seeking the spotlight.
Awards and accolades
Throughout his career, Larry Page has received numerous accolades and recognition for his contributions to the technology industry. In 2002, he was named a World Economic Forum Global Leader for Tomorrow. He was also included in Time magazine’s list of the 100 most influential people in the world multiple times. Additionally, Page has been awarded the Marconi Prize, the Economist Innovation Award, and the TR100 Award from MIT Technology Review.
How has Larry Page spent his wealth?
As one of the wealthiest individuals globally, Larry Page has made several notable investments and acquisitions. In addition to his significant philanthropic efforts, Page has invested in various ventures outside of Google and Alphabet. He has funded companies working on cutting-edge technologies, such as flying cars and clean energy solutions. Page has also shown interest in space exploration and has invested in projects like Planetary Resources, which aimed to mine asteroids for resources.
Did Larry Page have any crypto investments, and if so, what are they?
While Larry Page’s personal investment portfolio is not publicly disclosed, there is no substantial evidence to suggest that he has made significant investments in cryptocurrencies. However, it is worth noting that the crypto market is highly volatile, and individual investment choices can change over time.
Frequently Asked Questions
How did Larry Page and Sergey Brin meet?
Larry Page and Sergey Brin met in 1995 while pursuing their Ph.D. studies at Stanford University. They initially disagreed on various topics but eventually became close friends and co-founded Google together.
What is Larry Page’s current role at Alphabet?
Larry Page stepped down as the CEO of Google’s parent company, Alphabet Inc., in December 2019. Since then, he has taken a more hands-off approach and is known to focus on other ventures and investments.
How much of Google does Larry Page own?
As of the latest information available, Larry Page, along with Sergey Brin, still holds significant ownership stakes in Alphabet. However, the exact percentage of their ownership may vary over time due to various factors.
What philanthropic activities is Larry Page involved in?
Larry Page is involved in philanthropy through the Carl Victor Page Memorial Foundation, which he established in honor of his late father. The foundation supports education, scientific research, and other charitable causes.
What is Larry Page’s vision for the future?
Larry Page has expressed a vision for a future where technology plays a central role in solving pressing global challenges, such as climate change and healthcare. He has shown interest in disruptive technologies and moonshot projects that aim to push the boundaries of what is possible.
Summary
Larry Page, the co-founder of Google, has had a profound impact on the tech industry. With a net worth of around $114.8 billion in 2024, he has achieved remarkable success throughout his career. From his early interest in computers to his groundbreaking research during his Ph.D. studies at Stanford, Page’s journey has been filled with innovation and entrepreneurship. Google’s revolutionary search engine and its subsequent growth into Alphabet Inc. are testaments to his leadership and vision. While Page keeps his personal life private, his philanthropy and investments in cutting-edge technologies showcase his commitment to making a positive impact on the world. As Larry Page continues to shape the tech industry, his influence will undoubtedly leave a lasting legacy.
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