Call him a geek obsessed with programming or whatever you like, but he made your life a lot easier by reducing the search time on the internet. Just “Google” it. He is a mogul of the Silicon Valley. He is enumerated amongst the youngest people to be ranked on the list of the richest top 10 at the age of 30. This billionaire is Larry Page, one of the co-founders of the most popular search engine “Google.” Wish to know how he made a fortune worth billions? Stay and read about the net worth of Larry Page in 2018.
Early Life & Biography
Larry Page was born to computer scientist Carl Victor Page and programming instructor Gloria Page on 26th of March, 1973 in East Lansing, Michigan. He went to East Lansing High School and pursued his higher education in Computer Science from the University of Michigan and Stanford University. Since his early childhood, he got the ambiance where he submerged himself in computer science books. Larry has not only been an avid reader but also showed an affinity for music as well. He can play the saxophone and has learned music.
Larry for a very brief period dated Marissa Mayer. Larry wedded Lucinda Southworth, a scientist in 2007. The couple has two children. Larry Page suffers from a peculiar kind of medical condition in which his vocal chords have been paralyzed. He has donated $20 million to research on vocal cord issues. Larry also gave $15 million for the Ebola outbreak through Carl Victor Page Memorial Fund.
Career, Awards, & Nominations
Larry met Brin while he was doing his Ph.D. Both of them collaborated on a project called “BackRub” conceived by Larry. Soon they realized the potential of the project and made it into a search engine. Thus “Google” came into existence on Stanford’s website. The duo got the “Google” incorporated. Larry became the CEO of “Google” handling the entire management.
He was asked to step down from CEO and to become the President of Products. In 2005, Larry acquired Android for $50 million. He came back as the CEO in 2011. In 2015, Larry reorganized “Google” under a new holding company “Alphabet” and became the CEO of “Alphabet.” Larry, diversifying his portfolio, invested in Tesla Motors as well.
Larry Page was awarded an honorary doctorate from his alma mater, University of Michigan. Larry and Brin together have been awarded the Marconi Prize.
Net Worth & Earning
Larry page is sitting at the top-notch position of the “Alphabet,” the parent company of “Google.” He has banked a net worth of about $57 billion. The revenue generated by “Alphabet Inc.” in 2017 was $110 billion and if the total assets are valued their worth stands at $190 billion. Larry is holding a 64% stake in the “Alphabet.”
He is counted among the top ten richest people in the world. The other sources of his earning include the investment in Tesla Motors. He has the deed of 9000 sq. Ft. house in Palo Alto, California. He lives a pretty life full of luxury and comfort. He is the owner of superyacht “Senses” worth $45 million. He has got an electric car as well.
Larry Page is one of the youngest entrepreneurs to hit the elite club of select few rich guys. His wealth is a demonstration of his managerial skills through which he revolutionized the management system of “Google.” According to him, one can only deliver the services faster if the things are managed by technical people instead of nontechnical staff. He values people with their caliber rather than their age or experience, and he finds bureaucracy as the root of underlying problems.