Who is Larry Page?
Larry Page is the co-founder of Google and has a net worth of around $78 billion. Born in March 1973, his father was a computer science professor at Michigan State University, and his mother was an instructor in computer programming. He suffers from vocal cord paralysis and is married to Lucinda Southworth, with whom he has two children.
Larry Page and Sergey Brin co-founded Google. The Google story began in 1995 at Stanford University, where Page was considering grad school. Brin, a student there, was assigned to show him around. By the following year, they struck a partnership and raised $1 million from friends and family to launch their company.
Working from their dorm rooms, they built a search engine that used links to determine the importance of individual pages on the World Wide Web, which they named PageRank. They called the search engine Backrub, which was later renamed Google. The name was a play on the mathematical expression for the number 1 followed by 100 zeros, reflecting Larry and Sergey’s mission to organize the world’s information and make it universally accessible and useful.
He and Brin received the Marconi Prize in 2004, and Page was involved in the development of the Chromebook. Jeff Bezos was an early Google investor.
Larry Page is now the CEO of Google’s parent company, Alphabet Inc, while Brin is President. Alphabet’s group companies include Google, Capital G (Google’s venture capital fund), Google Fiber (providing broadband Internet), and Google X (a research and development company).
Alphabet realizes more than US$ 110 billion in sales and has over 89,000 employees. Page has 25.9% of the voting power in Alphabet, and Sergey Brin has 25.2%, giving them absolute power.
Sundar Pichai is the CEO of Google LLC, based in Silicon Valley, which means Page is less involved in Google’s day-to-day management and spends more time on his private island.
Google’s Management Rules
Larry Page is said to have dictated the following management rules at Google:
- Don’t delegate: Do everything you can yourself to make things go faster.
- Don’t get in the way if you’re not adding value.
- Don’t be a bureaucrat.
- Ideas are more important than age.
- Don’t stop someone from doing something by saying, “No. Period.”
How Much is Larry Page Net Worth?
Larry Page’s net worth is estimated at $80 billion, the source of which is the shares he owns in Alphabet Inc., which has a value of $800 billion. He also owns several real estate investments and has a private staff of over 40 employees responsible for his accounting and investment management.
Larry Page is said to drive a Prius car and also owns a Tesla Roadster and a white Tesla X. He received one of the first Tesla X models when it was put up for sale.
He is never seen driving cars such as a Ferrari, a Bentley, or a Rolls Royce.
As Google’s co-founder and Alphabet’s CEO, Larry Page has made significant contributions to the tech industry, resulting in a net worth of $80 billion. He remains a pioneer in the field of innovation, consistently seeking new ways to improve the world and make it more accessible to everyone.
Frequently Asked Questions (FAQ)
Why Larry Page is so rich?
He is the co-founder of Google. The source of his wealth is the shares he owns in Google’s parent company Alphabet Inc. His net worth is estimated at $78 billion.
How much of Google does Larry Page own?
He owns roughly 3% of the company’s shares, but has 25.9% of the voting power in Alphabet. And Sergey Brin has 25.2%. So together they have absolute power.
Who owns Google now?
The investment firm The Vanguard Group, Inc. owns 7.58% of Alphabet. But Larry Page is Google’s largest individual shareholder. He owns less than 3% of the company’s shares.
Does Larry Page have a wife?
Yes, he is married to Lucinda Southworth. They married on Richard Branson’s private island Necker Island.
Does Larry Page have children?
Yes, he and Lucinda have two children: one boy (2009) and a daughter (2011).
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Larry’s wife Lucina Page was born in May 1979. She studied at the University of Pennsylvania (2001), and on Stanford University. Lucinda married Larry in 2007 on Sir Richard Branson’s Necker Island.
She has her own Instagram account.
10 Facts About Lawrence Edward Page you probably didn’t know.
- His father was a computer science prof., his mother a program instructor.
- He suffers from vocal cord paralysis.
- He and Brin raised $1 million from friends and family to launch Google.
- They started in their dorm rooms and later in their garage.
- They introduced the PageRank and called the search engine Backrub.
- Alphabet has more than US$ 110 billion in sales, with 89,000 employees.
- Page has 25.9% of the voting power and Sergey Brin has 25.2%.
- His net worth is around $80 billion.
- In 2011 Page purchased the yacht Senses for a reported $45 million.
- He is said to own a private Caribbean island named Eustatia.
Larry Page House
Where does Larry Page live?
He lives with his wife Lucinda Page in a large mansion in Palo Alto, California. It is said they own the private Caribbean island Eustatia. Eustatia Island is a 30-
All of the homes on the island utilize an extensive solar system. The system provides the island with 100 percent of its electrical requirements. It does so through solar conversion.
He also owns a penthouse in New York, which he bought in 2008.
Palo Alto is a city in Santa Clara County, located in the San Francisco Bay Area in California, United States. It is known for being home to several major technology companies, including Hewlett-Packard, Tesla, and VMware.
The city is named after a historic tall tree, the El Palo Alto, which is still standing and can be seen in a park located in the area. Palo Alto is also home to Stanford University, a world-renowned research and teaching institution.
In addition to its technological and academic assets, Palo Alto is a desirable residential community, known for its tree-lined streets, upscale homes, and high quality of life. The city has a vibrant downtown area, with many restaurants, cafes, and shops, as well as numerous parks and open spaces for residents to enjoy.
He is the owner of the yacht Senses. The yacht was built for Jack Setton. The motor yacht was last refitted in 2015. She is powered by 2 Deutz marine engines. Her top speed is 15 knots. Her cruising speed is 12 knots. She has a range of 6,000 nm. She has 4 high-speed tenders. The luxury yacht has a helicopter landing platform.
The N2767 was offered for sale. A Boeing 767 has a price of US$ 200 million. Google has its own private airport, near San Jose.
In 2019 a brand new Gulfstream G650ER was delivered. Her registration number is N232G. A Gulfstream G650 has a list price of US$ 70 million. She can accommodate 18 passengers.
We are not sure if he owns another jet. We do know that Google executives use a jet owned by Google Chairman Eric Schmidt. He is the owner of the yacht Gladiator.
Page is investing in a flying car and flying taxi project. And he is reportedly involved in a flying airship
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
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