"Google cofounder Larry Page enjoyed a net worth surge of $6 billion this Wednesday, sending his fortune to $252 billion, after the debut of his business' latest AI model: Gemini 3. The innovation-seen as an improvement from Gemini 2.5 released around eight months ago-ignited optimism from investors and analysts, causing Alphabet stock to jump 3%. Gemini's success shot Page, who owns about 6% of Google parent company Alphabet, up the Bloomberg Billionaires Index to third place."
"Meanwhile, Bezos was knocked down to the fourth wealthiest person in the world, thanks to recent Amazon-related plummets in his own wealth and Page's simultaneous gains. Fellow Google cofounder Sergey Brin, who also owns 6% of Alphabet, ended Wednesday $5 billion richer and in fifth place on the ultra-rich list. In the days following the stock surge, their wealth has settled, with Page boasting $249 billion, Bezos owning $240 billion, and Brin with $233 billion."
"Google explained that Gemini 3 has upped the ante on prompting; the model provides users with better quality answers to complex questions, without the need for thorough prompting to help the AI understand the context and intent behind their inquiries. The new model will also be integrated into Google's search products, the Gemini app, and enterprise services."
Gemini 3's debut triggered a surge in Alphabet stock and propelled Larry Page's net worth upward by roughly $6 billion to $252 billion before settling near $249 billion. Page and Sergey Brin each own about 6% of Alphabet, with Brin gaining about $5 billion and ranking fifth. Jeff Bezos slipped to fourth amid Amazon-related losses. The AI moment also briefly elevated other billionaires and spurred concerns about an AI bubble, while analysts and investors expressed optimism. Gemini 3 improves prompting, delivers higher-quality answers to complex queries, and will be integrated into search, the Gemini app, and enterprise services.
Read at Fortune
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