Larry Page Net Worth

Larry Page Net Worth

Larry Page Net Worth: Larry Page is an American billionaire entrepreneur who earned his fortune as the founder of Google. Since this writing, Larry Page has a net worth of $131 billion bucks. Larry Page is most significant for being the founder as well as previous chief executive officer of the internet large Alphabet which possesses numerous subsidiary firms, including the search engine Google. Larry Web page produced Google with Sergey Brin while they were both graduate students at Stanford.

Larry Page Net Worth, Height, Weight, Wife, Kids, Bio & More:

Full NameLawrence Edward Page
Date of Birth Mar 26, 1973
Born PleaceEast Lansing, Michigan, United States
Age48 Years Old
Height 1.70 m
Weight74 Kg
Wife: Lucinda Southworth
ChildrenBoy & Girl
ProfessionEntrepreneur,
Businessperson,
Computer Scientist,
Internet Entrepreneur,
Executive Management
Net Worth$127 Billion
Nationality United States of America
Home TownEast Lansing, Michigan, United States
Last Update December, 2021

Early Life:

Larry Page was born in East Lansing, Michigan (residence of Michigan State College) on March 26, 1973. His father, Carl Victor Page, Sr. has been described as a leader in computer technology. Larry started having fun with computers and developing innovations at a very early age. He attended Okemos Montessori Institution from 1975 to 1979.

He went to East Lansing Secondary school where he graduated in 1991. For 2 summers while still in secondary school, Larry participated in an art camp called Interlochen Facility for the Arts where he focused on the saxophone. For his undergraduate education, he earned a Bachelor’s degree in computer system design from the University of Michigan.

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Stanford and Creating Google:

After finishing at the College of Michigan, Larry enlisted in the computer science program at Stanford College. As part of the program, he requires to locate a dissertation topic. He inevitably made a decision to explore the mathematical residential or commercial properties and also the web link framework of the Net.

His significant revelation was that one might evaluate an internet site’s top quality based upon the number of backlinks it obtained from various other websites. This revelation mirrored just how the academic world utilizes citations to judge quality.

Larry Page Net Worth

A fellow Ph.D. trainee called Sergey Brin eventually coordinated with Larry on the project which had ended up being called “Backrub”. Together they produced a paper entitled “The Makeup of a Large-Scale Hypertextual Internet Online Search Engine”. Their paper ended up being the most downloaded clinical file in the background of the web back then.

Next, they used the Backrub web crawler to create an algorithm that provided every internet site online with a top-quality score. They called this formula “PageRank” which was both a recommendation to the page of a net and also Larry’s surname. After developing a spider and also an algorithm, the next logical creation was an internet search engine to display results.

After generally getting kicked off campus for consuming too much University computer sources, Larry and also Sergey integrated Google as a private enterprise in 1998. The preliminary domain name was in fact “Googol” which is a number that contains 1 complied with by one hundred absolutely nos.

They introduced with a $100 thousand investment from one of their Stanford teachers, David Cheriton. Cheriton’s $100,000 financial investment would eventually be worth more than $2.3 billion.

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Google IPO:

Google went public on August 20, 2004, under CEO Eric Schmidt who had been brought in to turn the company into a professional business. Schmidt served as CEO until 2011, at which point Larry stepped back into the role. He served as CEO until December 2019 when both he and Sergey stepped aside from the company. They both still own a majority of the company and serve on the board but do not have a day-to-day job. He was replaced as CEO by Sundar Pichai. Today the company generates more than $130 billion in revenue.

He is currently one of the richest internet entrepreneurs in history and one of the richest people in the world. Larry Page has received recognition from many professional organizations, including an honorary MBA from IE Business School and the Maxim Foundation Prize in 2004 (the highest award available in the field of engineering). He is also a Fellow of the Marconi Foundation at Columbia University and he now owns an honorary Doctorate from the University of Michigan. Along with co-founder and friend, Sergey Brin, Page is actively engaged in many philanthropic causes.

larry page wife

Personal Life and Real Estate:

Larry has been married to Lucinda Southworth because 2007. They wed on Richard Branson’s private island, Necker Island. They have 2 children together. Their key residence is a 9,000 square-foot home in Palo Alto, The golden state which he acquired in 2005 for $7.2 million. Starting in 2009 the Pages started acquiring and also tearing down the majority of the homes beside their key house.

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In 2011 Larry invested $45 million on a 193-foot yacht called Senses.

During the COVID-19 pandemic, Larry and also his family apparently relocated to Fiji where they continued to purchase the very least one complete personal island and also possibly a number of surrounding islands.

Larry Page Net Worth Summary:

Larry page’s net worth is $131 billion thanks to his roughly 6% risk in Alphabet. With super-voting shares, Larry and also Sergey control 51% of the company’s ballot legal rights. Larry has actually offered $9 billion worth of shares of both Alphabet as well as Google because of the company’s IPO in 2004.

Page owns Class A, Class B, and Class C shares of Alphabet, including 20 million shares of Course C Alphabet stock. Larry’s family members foundation, the Carl Victor Web page Memorial Fund regulates more than $1 billion worth of properties that have actually been contributed by Larry.

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