Who is Larry Page?
Larry Page is co-
Google founder Page is the owner of the yacht Senses.
Larry Page and Sergey Brin co-
By some accounts, Page and Brin disagreed about nearly everything during that first meeting. But by the following year, they struck a partnership. They raised $1 million from friends and family to launch their company.
Working from their dorm rooms, they built a search engine. The engine used links to determine the importance of individual pages on the World Wide Web. They named this factor PageRank.
They called the search engine Backrub. Soon after, Backrub was renamed Google. The name was a play on the mathematical expression for the number 1 followed by 100 zeros. It reflected Larry and Sergey’s mission “to organize the world’s information. And make it universally accessible and useful.
He and Brin received the Marconi Prize in 2004. Page was also involved in the development of the Chromebook. Jeff Bezos was an early Google investor.
He is now CEO of Google’s parent company Alphabet Inc, while Brin is President. Alphabet’s group companies include Google and Capital G (Google’s venture capital fund). It also includes Google Fiber (providing broadband Internet). Google X is a research and development company.
Alphabet realizes more than US$ 110 billion in sales. The company has more than 89,000 employees. Page has 25.9% of the voting power in Alphabet. And Sergey Brin has 25.2%. So together they have absolute power.
Sundar Pichai is CEO of Google LLC, based in Silicon Valley. This means that Page is less involved in Google’s day-
Google’s Management Rules
The Google CEO is said to have dictated the following management rules:
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.”
Larry Page Net Worth
His net worth is estimated at $78 billion. The source of his wealth is the shares he owns in Alphabet Inc. Alphabet has a value of $800 billion.
He is never seen driving cars such as a Ferrari, a Bentley, or a Rolls Royce.
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 $84 billion.
- In 2011 Page purchased the yacht Senses for a reported $45 million.
- He is said to own a private Caribbean island named Eustatia.
Larry Page House
He lives with his wife Lucinda Page in a large mansion in Palo Alto, California. It is said they own the private Caribbean island Eustatia. Eustatia Island is a 30-
All of the homes on the island utilize an extensive solar system. The system provides the island with 100 percent of its electrical requirements. It does so through solar conversion.
He also owns a penthouse in New York, which he bought in 2008.
The N2767 was offered for sale. A Boeing 767 has a price of US$ 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