"Alphabet's cofounders, Larry Page and Sergey Brin, are worth $265 billion and $246 billion each as of Monday's close, per the Bloomberg Billionaires Index. They're the second- and third-richest people on the planet, behind only Elon Musk and his $638 billion net worth. Page and Brin have added $97 billion and $88 billion to their respective fortunes since the start of January, for a joint wealth gain of $185 billion, the rich list shows."
"Page and Brin are worth a combined $511 billion - much more than some of the most valuable S&P 500 companies, including Exxon Mobil, Bank of America, and Netflix. Combined, they remain $127 behind Musk. The pair have seen a huge swing in their fortunes since late July, when they ranked sixth and seventh on Bloomberg's list with sub-$175 billion net worths, and year-to-date gains of under $5 billion each."
"Less than five months later, they're each more than $85 billion richer. That's because Alphabet stock has surged by over 50% since mid-August, from $200 to record highs of over $300 in recent weeks. Page and Brin each own about 6% of the Alphabet, which has a $3.7 trillion market value and counts Google, YouTube, Waymo, and DeepMind among its subsidiaries."
Larry Page and Sergey Brin are worth $265 billion and $246 billion respectively, ranking them as the world's second- and third-richest people behind Elon Musk. The pair have added $97 billion and $88 billion this year for a combined $185 billion gain and a joint net worth of $511 billion. Alphabet's stock has surged over 50% since mid-August, rising from about $200 to record highs above $300 and driving the wealth increase. Page and Brin each own about 6% of Alphabet, which has a $3.7 trillion market value and includes Google, YouTube, Waymo, and DeepMind. Warm praise for Gemini 3, fading antitrust concerns, and a huge deal with Anthropic have bolstered investor confidence in Alphabet's AI prospects.
Read at Business Insider
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