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CEOWORLD magazine - Latest - CEO Spotlight - The Exciting Journey of Larry Page in the World of Wealth

CEO Spotlight

The Exciting Journey of Larry Page in the World of Wealth

Larry Page, aged 50, holds the roles of Co-founder and Board Member at Alphabet (GOOG). With a significant net worth of around $127,1 billion, Page commands a 6% ownership stake in Alphabet, totaling approximately $109.3 billion. Furthermore, he possesses a substantial cash reserve of $17.1 billion.

Page’s journey to prominence commenced in a college dorm room, a narrative shared by many tech billionaires. While enrolled at Stanford University in 1995, Page, alongside his friend Sergey Brin, conceived the idea of enhancing Internet data extraction. This led to the development of a novel search engine technology named Backrub, owing to its capability to assess links to a page.

The duo’s ingenuity culminated in the founding of Google in 1998, with Page assuming the role of CEO until 2001 and later from 2011 to 2019. Google stands as the world’s predominant Internet search engine, commanding over 92% of global search requests. In 2006, Google expanded its reach by acquiring YouTube, the premier platform for user-submitted videos.

In 2005, after the acquisition of Android, Google introduced the Android mobile phone operating system in 2008. A significant reorganization occurred in 2015, transforming Google into a subsidiary of Alphabet, a diversified holding company.

Page’s interests extend beyond the tech realm. He was an early investor in Planetary Resources, a space exploration and asteroid-mining company established in 2009, which faced financial challenges and was eventually acquired by blockchain firm ConsenSys in 2018.

 

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CEOWORLD magazine - Latest - CEO Spotlight - The Exciting Journey of Larry Page in the World of Wealth
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz