The American billionaire entrepreneur and co-founder of Google, Larry Page’s net worth is a staggering $120 billion as of 2022.
Larry is the current Chief Executive Officer of Google, a search engine that he co-founded. Page was born on March 26, 1973, to parents who were both computer scientists.
His father, Carl Vincent Page, was a professor of computer science at the University of Michigan, and his mother, Gloria Page, taught computer programming there.
His first encounter with computers occurred when he was six years old when he began playing with the computer equipment strewn about the house. He realized he was going to establish a business at a young age.
He earned a bachelor’s degree in computer engineering from the University of Michigan and went to Stanford University to pursue his master’s degree. Sergey Brin was there when he met him.
They both describe their first meeting as energetic, with them debating many topics. However, they eventually settled on a topic that piqued their curiosity.
Eventually, they collaborated on “The Anatomy of a Large Scale Hypertextual Web Search Engine,” which is largely regarded as their seminal contribution.
In December 2019, Larry Page stepped down as CEO of Alphabet, the parent company of Google, however, he still remains on the board of directors and a controlling stakeholder. In 1998, he co-founded Google with Sergey Brin, a Stanford Ph.D. student.
He is a founder investor in Planetary Resources, a space exploration business, and Kitty Hawk and Opener, two “flying automobile” startups.
So, let’s get to know Larry Page a little better, starting with some basic facts about him.
|Name||Lawrence Edward Page|
|Birthplace||Lansing, Michigan, U.S.|
|Birthdate||26 March 1973|
|Age||49 years old|
|Father’s Name||Carl Victor Page Sr.|
|Mother’s Name||Gloria Page|
|Siblings||Carl Victor Page, Jr., Carrie Southworth, and Beverly Page|
|School||Montessori Radmoor School, East Lansing High School|
|College||University of Michigan, Stanford University|
|Profession||Computer Scientist and Internet Entrepreneur|
|Height||In Centimetres – 180 cm
In Feet and Inches – 5′ 11″
|Weight||In Kilograms – 74 Kg
In Pounds – 159 lbs
|Net worth||$120 million|
|Spouse||Lucinda Southworth (m, 2007)|
|Last Update||September, 2022|
Lauren Conrad: Early Life
On March 26, 1973, Larry Page was born in East Lansing, Michigan (home of Michigan State University). Carl Victor Page, Sr., has been referred to be a pioneer in computer science.
Larry began tinkering with computers and inventing from a young age. From 1975 until 1979, he attended Okemos Montessori School. He subsequently went to East Lansing High School, where he received his diploma in 1991.
Larry attended an art program called Interlochen Center for the Arts for two summers while still in high school, where he focused on the saxophone.
He received a Bachelor of Science in computer engineering from the University of Michigan for his undergraduate studies.
Larry enrolled in Stanford University’s computer science program after graduating from the University of Michigan. He must find a dissertation topic as part of the curriculum.
He eventually decided to investigate the World Wide Web’s mathematical features and link structure. His primary insight was that the number of backlinks a website acquired from other websites might be used to assess its quality.
This revelation reflected how citations are used in academia to assess quality.
Larry Page’s Net Worth and Income
Larry Page’s Net Worth
The American billionaire entrepreneur and co-founder of Google, Larry Page’s net worth is a staggering $120 billion as of 2022.
Because of his roughly 6% share in Alphabet, Larry Page’s net worth is $120 billion. In addition, Larry and Sergey own 51 percent of the company’s voting power thanks to super-voting shares.
Since the company’s IPO in 2004, Larry has sold nearly $9 billion worth of Alphabet and Google stock. Page owns Alphabet stock in classes A, B, and C and 20 million Class C Alphabet stock shares.
The Carl Victor Page Memorial Fund, Larry’s family foundation, is in charge of more than $1 billion in assets that Larry has donated.
Let’s have a look at Larry Page’s earnings from the year 2005-2019:
Larry Page’s Income
While at Google, Page was paid a yearly salary of $1.
Even though he is no longer CEO, his large ownership in the company makes him worth billions. Alphabet owns Google, and he continues to maintain a 6% stake in the corporation.
Alphabet made $46 billion in sales in the quarter that concluded on December 31st, up 17% from the previous year. Around $10.7 billion of that was profit, according to the corporation.
Google’s search company remains the most profitable element of Alphabet’s huge enterprise, with $27.2 billion in sales for the year.
He stood down again in 2019, and Sundar Pichai (net worth $600 million) was named his place. Sergey Brin also announced his departure, claiming that the company was well-established and didn’t require two CEOs.
Over the years, Alphabet has purchased or established several businesses. For example, Waze was purchased by Google for $966 million in June 2013. More examples include Fitbit, Nest Laboratories, Motorola Mobility, and DoubleClick.
Larry Page’s Net Worth in Different Currencies
Let’s look at Larry Page’s Net Worth in several currencies, including BitCoin, the cryptocurrency.
|Pound Sterling||£ 87,475,800,000|
|Australian Dollar||A$ 165,613,200,000|
|Canadian Dollar||C$ 151,540,200,000|
|Indian Rupee||₹ 8,898,654,000,000|
Larry Page: House, Cars, Yacht, Private Jet
Page has no record of owning real estate in New Zealand, and of making a purchase, he would need to be a New Zealand resident for at least 183 days or obtain OIA approval.
The super penthouse in the Pacifica skyscraper in central Auckland is now the most expensive residential property in New Zealand. The price of the 1200sqm premium apartment on the 53rd and 54th floors is $42 million.
If apartment living isn’t for Page, the seven-bedroom architectural marvel for sale in South Wairarapa, 45 minutes from Titanic director James Cameron’s eco-home, might be.
Alternatively, he might travel to the Bay of Islands, where Luxury Real Estate agent Charlie Brendon-Cook claimed there were mansions in the $15 million range for sale.
He recently facilitated the sale of a luxury resort on Denarau Island for NZ$12.32 million, but he declined to reveal the buyer.
Six bedrooms, seven bathrooms, a cinema room, a swimming pool, a private boat or seaplane ramp, and a marina berth are all included in the 1326sqm residence.
For his home, Larry Page has a historic piece of land. He paid around $ 7 million for the deed to this property. The total area of the property is 10, 00-0 ft. He has also constructed a 6 000-square-foot mansion on the same piece of land.
This new residence is totally eco-friendly. This is a three-story modern home with a roof garden and solar panels, making it the perfect green structure. There’s also a 3,500-square-foot basement and an elevator that serves all three floors.
The kitchen, multifunctional family area, and guest bedroom are all located in the basement. Page also owns three properties close by.
New York Apartment
On our way to the East Coast, where we’ll have a peek at Sergey Brin’s enormous Manhattan apartment at 744 Greenwich St. in New York.
The house, purchased for $8.5 million, is 3,500 square feet and includes three bedrooms, 3.5 bathrooms, and a spacious modern kitchen.
This lavish residence also includes two large living/entertaining areas and a 1200 square foot wraparound terrace with unobstructed 360-degree views of Manhattan.
The condominium was constructed in 2007 and is located in a hip neighborhood with designer retailers and restaurants.
The two notable locations are the Village Vanguard jazz club and the Stonewall Inn bar, the 1969 riots that sparked the LGBT rights movement.
Being a co-founder of one of the world’s largest internet search companies means that money isn’t an issue. Larry, on the other hand, is a multi-billionaire with a twist.
However, this financial tycoon likes to do things his way, and the Larry Page automobile collection is one area where you may learn more about him.
While most celebrity automobiles are exotic machines that aren’t readily available to the general people, Larry takes a different approach.
His garage is futuristic, with alternative powerplants providing the propulsion of choice rather than the traditional sports cars, luxury limousines, or gigantic SUVs.
The Toyota Prius is a mid-size hatchback that is powered by a hybrid-electric powertrain. Based on smog generation and vehicular emissions, it is one of the cleanest cars on the planet.
This was the first mass-produced gasoline-electric hybrid vehicle on the market. The first generation of these cars, the XW10, cost US $20,000 and received the designation of Ultra Low Emission Vehicle.
The Prius XW20’s second generation was even more eco-friendly than the first. It is the first in the industry to use an all-electric A/C compressor for cooling. The engine has a displacement of 1798 cc and can produce 153 lb-ft of torque.
Automated climate control with air filter, dust and pollen filtering mode, electric compressor, temperature sensors, and push-button controls are also included in the vehicle.
Tesla Electric Roadster
The roadster can go 393 kilometers on a single charge and accelerates from 0 to 60 kilometers in just 3.9 seconds, with a starting price of US $109,000.
It employs lithium-ion battery cells and is the first automobile to drive over 320 kilometers on a single charge and be the first all-electric vehicle in serial production.
The car, which both Google founders own, was designed by Elon Musk, founder of Space X and Tesla, and was based on the Lotus Elise chassis. It was produced from 2008 to 2012.
The roadster is best known for riding atop the Space X Falcon Heavy rocket, which has since passed mars on its solar orbit.
Zero X motorbike
The Zero X is an electric car from Zero Motorcycles that costs little under the US $ 8,000 and is another environmentally friendly vehicle.
This motorcycle, which costs $7,450 and weighs 140 pounds, is fitted with a lithium-ion battery and a 23 horsepower motor that allows it to reach a top speed of 60 mph.
The zero-x possesses incredible acceleration, reaching 30 mph in under two seconds and 60 mph double that time. Yet, using a domestic outlet, the charging duration is only about two hours.
Larry Page was so taken with these bikes that he purchased three of them.
The Google co-founder added a high-end exploration yacht dubbed “Senses” to his vast list of toys in January 2011. Famed Kiwi billionaire Sir Douglas Meyers purchased the 193-foot yacht for well over US $45 million.
However, for Larry’s inquisitive mind, the decision was not as simple as it seemed. He took his time chartering similar yachts to understand how they operate, the financial implications, and other issues.
Schweers, a German boat builder, completed the yacht in 1999. The interior of this yacht was designed by Philippe Starck, a well-known French designer. A helipad, gym, 10 magnificent rooms, and multi-level sun decks are all included.
Page and his family can have breakfast on the deck before retiring to the living rooms to watch movies on a ceiling-mounted projector.
A classic 8.5-meter Herreshof sloop, a helicopter, and a 13-meter runabout that can be launched from the mothership’s back are among the army of high-utility toys.
The yacht’s five guest cabins, three doubles, and two twins provide very comfortable accommodation for up to ten guests and a crew of 14. The owner’s suite is 12 meters long and includes a walk-in closet.
The steel hull of the Senses has a gross displacement of 1143 tons. The yacht is powered by two Deutz AG engines that provide a total of 3200 horsepower. Thus, the yacht is a kind of fish.
The boat has a maximum speed of 14 knots and can travel at 11.8 knots for 6500 miles.
As it is called, the Google Jet is a Boeing 767-200 that belongs to Larry Page and Sergey Brin, two of Google’s co-founders. They purchased the plane from Qantas in September 2005 for about $15 million.
The jet had a seating capacity of 180 passengers when it was first built, but it was later reduced to 50. The Google founders keep their private plane a closely guarded secret. Thus little information about the plane’s interior is known.
According to sources, the jet has hammocks strung from the ceiling, and Mr. Brin may have a California king-size bed. The cabins of this jet were purportedly designed by Leslie Jennings, who has previously worked for Microsoft co-founder Paul Allen.
The plane has been upgraded and is now transporting Google executives all over the world.
Flying automobiles could be leaving the realm of science fiction and entering the real world in the not-too-distant future. At least, that’s what Larry Page, the CEO of Google, has been secretly working on for the past few years.
According to the sources, Larry Page started a company named Zee. Aero in 2010 and has since created two electric flying car prototypes.
Page has reportedly invested over $100 million of his own money in Zee. Aero, so this isn’t simply a side project for him.
Despite his attempts at obscurity, it appears that the Google executive has been keeping a close eye on Zee. growth; Aero’s startup headquarters are only around the corner from Google’s Mountain View headquarters.
Page and Zee, even though many people still dismiss the idea of flying automobiles.
These prototypes aren’t just for show; they’re also functional, according to reports. Workers at a nearby airport have seen the prototypes and have heard a high-pitched whine that the planes make when they’re on a test flight.
This company is known as Kitty Hawk, and it has been disclosed that Larry Page is also a backer. This isn’t cooperation in the traditional sense; Kitty Hawk and Zee aren’t working together. Aero and I don’t have much in common.
Instead, it looks that Page has put them up simply to compete against one another in building the best prototype in the shortest amount of time.
Both companies have attracted some of the brightest minds on the planet. Fortunately for Page, he’s at a place where money and talent aren’t an issue in his ambition to create a flying car.
Larry Page: Lifestyle and Vacation
With a net worth of $120 billion, Larry continues to affect the world wide web and beyond even if he is no longer at the helm of Google.
He’s walked away from the spotlight after a decade in the spotlight, keeping many of his everyday habits and rituals a secret.
We get a tiny insight into this entrepreneur’s life and thoughts through the few interviews he’s given and the counsel he’s offered. Here is a handful that is worth mentioning:
Following your dreams
Have you ever been told that if you do what you love, you will never work a day in your life? Of course, it isn’t untrue, but it is uncommon for a passion for leading to happy and financially secure employment.
Such was the situation with Larry Page, who grew up surrounded by gadgets, publications, technology, and more.
This can be attributed in part to his parents, who were both computer science and artificial intelligence programming professors who encouraged him to pursue his passion.
In fact, Page once stated that he knew he would start a corporation when he was 12 years old. However, backRub was born 13 years later while working from a garage in Silicon Valley with co-founder Sergey Brin.
It would soon be known as ‘the Google Search Engine,’ and then simply Google, with many features, services, and research available to the general public.
Though Page’s intelligence is evident, science shows that individuals who zealously pursue their passions find more success, contentment, and a feeling of purpose.
Focusing on your strength
Page has previously stated that he is more of a big-picture thinker than a day-to-day manager. However, he admits that he has a soft hole in his heart for outlandish, seemingly impossible ideas, which is unhelpful to getting a job done right now.
But that’s good because identifying your strengths and, more significantly, admitting and owning your flaws is the first step toward becoming an effective manager.
When you do what you’re born to do, you’ll find it much simpler not just to meet deadlines but also to exceed all expectations—and maybe even enjoy the process.
Not to delegate
For most go-getters, the ability to delegate duties to others when you don’t have time to devote your whole attention to them is a learning curve. In fact, type-A personalities have a hard time letting go of the reins, and they frequently overwork themselves.
Many leaders learn to let go, but Page was resistant to this change in his natural management approach early in his career.
In fact, one of his managerial principles was crystal clear: ‘Don’t delegate.’ Make every effort to speed things up on your own.”
Though the jury is yet out on whether or not this managerial approach is effective, it appears to have worked in Page’s favor. The broader people should take note of this lesson.
The message here for the general public may be to continue doing what you are good at rather than waste energy teaching others.
“The worst thing you can do is stop someone from doing something by stating ‘No period,’” Page once said. If you say no, you must assist him in finding a better way to do the task.”
This attitude toward idea generation inspires younger generations, particularly those who tend to err on the side of the invention by offering extravagant solutions and notions.
The capacity to think outside the box and be daring enough to share it with leadership is more essential to Page than an employee’s age.
Giving everyone an equal opportunity to share their talent, regardless of level, will produce a happier—and potentially more enlightened—workplace.
Big Tech CEOs like Jeff Bezos (Amazon) and Mark Zuckerberg (Facebook) frequently take center stage. But, while Bezos made headlines earlier this week for flying into space, Zuckerberg is the bread and butter of journalists who cover digital privacy.
Then there’s Larry Page and Sergey Brin, the Google co-founders. Since the early days of the search engine startup, they’ve lived a rather secluded life.
Following their departures from their respective leadership roles in 2019, their whereabouts became even more limited.
We haven’t heard anything concrete about him in over a year. Since then, he has vanished from public view as if Thanos, the Marvel villain, has snapped him out of existence. But, of course, we’re not talking about prying into his personal life here.
However, Sergey Brin, the co-founder of Google and a billionaire, was photographed with his wife and pals on a luxury holiday in Lake Como, Italy.
While flanked by friends and security, and jumped into the waters and swam across the lake.
This seemingly ordinary trip stands in stark contrast to Brin’s Google co-founder Larry Page, who has been a recluse in recent years, avoiding being photographed except a few occasions since 2019.
Both Brin and Page left their senior positions at Google’s parent firm Alphabet Inc. in 2019, but they are still the world’s eighth and sixth richest persons, respectively.
Creation of Google, Google IPO, Investment, Book Publications
Creation of Google
Page and Brin constructed a search engine based on the popularity of the pages as a research project at Stanford University after finding that the most popular result would frequently be the most useful.
To symbolize their objective to organize the vast amount of information available on the internet, they named the search engine “Google” from the mathematical phrase “googol,” which refers to the number one followed by 100 zeros.
After obtaining $1 million from family, friends, and other investors, the two started the company in 1998. Since then, Google has evolved to become the world’s most used search engine, with 5.9 billion searches per day in 2013.
In August 2004, Google went public, based in California’s Silicon Valley, making Page and Brin millionaires.
On August 20, 2004, Google became public under the leadership of CEO Eric Schmidt, who was brought in to develop the company into a professional business. Schmidt served as CEO until 2011, when Larry returned to the position.
He was the company’s CEO until December 2019, when he and Sergey both stepped down. They both control a majority of the company and serve on the board of directors, but they do not work daily.
Sundar Pichai took over as CEO in his place. The corporation now has a revenue of more than $130 billion. He is currently one of the wealthiest internet entrepreneurs in history and one of the world’s wealthiest individuals.
Many professional groups have honored Larry Page, including the IE Business School with an honorary MBA and the Maxim Foundation Prize in 2004.
He’s also a Marconi Foundation Fellow at Columbia University, and he recently received an honorary Doctorate from the University of Michigan. In addition, the page is actively involved in several charity endeavors, alongside co-founder and friend Sergey Brin.
After amassing his billions, Page invested a portion of his fortune like so many others in his position.
Even though his money from these investments is insignificant compared to his Google revenues, he has a stake in many interesting businesses.
Tesla (TSLA) – Get Report is the most well-known corporation in which Larry Page has invested. In the mid-2000s, Page spent $40 million in Elon Musk’s auto startup, years before Musk became a big name.
When it comes to investing, Page appears to have a strong interest in automobiles. He’s developed a keen interest in flying cars, in particular. This involves financing a different start-up named Opener as well as investing in Kitty Hawk.
So far, Larry has not written any books. However, he has recommended some of his favorite books that he thinks that everyone must read. They are mentioned below, along with their price, available on Amazon.
- Surely You’re Joking, Mr. Feynman! by Richard P. Feynman: ₹493.00
- Snow Crash by Neal Stephenson: $14.99
- Measure What Matters by John Doerr: $12.99
- What Do You Care What Other People Think? by Richard P. Feynman: $9.99
- The pleasure of Finding Things Out by Richard P. Feynman: $11.99
- QED by Richard P. Feynman: $11.94
- My Inventions by Nikola Tesla: $3.59
Larry met Sergey Brin, a researcher working on a project in 1995, while at Stanford. By 1996, Larry and Sergey had built their first search engine, dubbed “BackRub,” which ran for many months entirely on Stanford computers.
Andy Bechtolsheim, the co-founder of Sun Microsystems, was instrumental in this process by writing them a $100,000 cheque.
In 1998, the firm was founded, and the name was changed to Google, which has become synonymous with the company until this day. Eric Schmidt was named CEO in 2001, and the others rose through the ranks to become presidents of technology and products.
Orkut, a social networking site, and Google Desktop Search were introduced on the website in 2004. Later that year, they held an Initial Public Offering, which made them millionaires overnight.
Google Maps, Google Reader, Blogger Mobile, and the company’s acquisition of YouTube were all released in 2005.
In 2007, Google collaborated with China Mobile and Salesforce.com, and they also agreed to make Google’s educational programs available to Kenyan and Rwandan students.
They released Google Sites, the most recent version of Google Earth, in 2008, and Google Latitude, another version of Google Earth, and Google Ventures the following year.
They created the Google Apps Marketplace in 2010, and Larry Page was designated CEO in 2011, with Eric Schmidt serving as executive chairman.
Over the last few years, Larry Page, the billionaire co-founder of Google and its parent company Alphabet, has had a very excellent track record for philanthropic giving at the holidays.
He donated around $94 million through his foundation in 2015, then contributed another $35 million the next year and repeated the process.
In 2017, Page’s charity donated $180 million in Christmas gifts to several charities. According to Vox, page has given a seemingly remarkable $2 billion to his Carl Victor Page Memorial Foundation, much of it during the holiday season.
However, according to the report, very little of this money is actually going to charity, but rather to DAFs, or donor-advised funds, a practice that some claim is being utilized to avoid financial accountability in humanitarian undertakings.
When a philanthropist like Page establishes a non-profit foundation, federal law requires it to give away at least 5% of its assets every year or risk losing its tax-exempt status.
Donor-advised funds are similar to “charitable checking accounts” in that they allow big lump-sum payments to be disbursed over time by whoever writes the checks.
Examining the financial giving of the Carl Victor Page Memorial Foundation for the year 2017 demonstrates how this works.
The foundation donated less than a million dollars to a charity that year, including $1,000 to the American Cancer Society, over $100,000 to the New Venture Finance, and nearly $800,000 to fund free flu vaccines for Oakland students.
For most people, it’s hardly chump change, but it’s a lot less than what a $3 billion foundation needs to give away to keep its tax breaks.
So, with a deadline looming that might have resulted in millions of dollars in taxes, the foundation announced gifts of $100 million to National Philanthropic Trust and $80 million to Schwab Charitable just before the end of 2017.
Both of these organizations are in charge of a large number of DAFs for their respective clients, and they’re designed to be a pit stop for philanthropic funds on their journey to good causes.
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3 Interesting Facts About Larry Page
- According to Forbes, Page had a net worth of $69.4 billion as of July 2020, making him the world’s 13th richest person.
- Larry Page, the richest man on the planet, was chosen “Businessperson of the Year” and “The Most Daring CEO” in a Fortune Magazine competition in 2014.
- In October 2015, Page was named number one on Forbes’ list of “America’s Most Popular Chief Executives,” which was voted on by Google employees.
How did Larry Page come up with the idea for Google?
In 1995, Page and Brin met at Stanford University, where they were both enrolled in a computer science graduate program. The tale of Google’s beginnings is the story of an idea, and that idea was Page’s vision of a World Wide Web search engine that could rank connections based on how frequently other pages connected to them.
What impact did Larry Page have on the world?
Larry Page is one of the world’s most powerful persons. In 1998, he co-founded Google with Sergey Brin, a quirky, soft-spoken computer scientist. Page stayed at the helm as Google grew into a multibillion-dollar behemoth, first as its CEO and then as the parent company, Alphabet.
What was the reason behind Larry Page’s departure from Google?
At Google, an era has officially come to an end. Larry Page and Sergey Brin, the company’s two co-founders, announced on Tuesday that they would be stepping down from their leadership roles as the business faces several antitrust investigations and rising employee dissent.