According to reports Larry Page, an American billionaire, Larry Page’s net worth 2024 is about $136.7 billion. He built his fortune as a co-founder of Google, now known as Alphabet, its parent company. Larry served as Google’s CEO twice—first from the company’s start in September 1998 until August 2001, when he stepped down for Eric Schmidt, and then again from April 4, 2011, to October 2, 2015, when Alphabet was created. After the restructuring, Larry passed the CEO role to Sundar Pichai. Larry and Sergey Brin created Google while they were graduate students at Stanford University.
Larry owns about 6% of Alphabet. With special voting shares, he and Sergey control 51% of the company’s voting power. Since Google’s IPO in 2004, Larry has sold around $10 billion worth of shares in both Alphabet and Google. He owns Class A, Class B, and Class C shares of Alphabet, including 20 million Class C shares. Larry’s family foundation, the Carl Victor Page Memorial Fund, manages over $1 billion in assets donated by him.
Larry Page Early Life
Larry Page was born on March 26, 1973, in East Lansing, Michigan, where Michigan State University is located. His father, Carl Victor Page, Sr., was considered a pioneer in the field of computer science. Larry’s interest in computers and building inventions began at a young age. He attended Okemos Montessori School from 1975 to 1979 and later graduated from East Lansing High School in 1991. During high school, Larry also spent two summers at the Interlochen Center for the Arts, where he focused on playing the saxophone. For his undergraduate studies, he earned a Bachelor of Science degree in computer engineering from the University of Michigan.
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Stanford and Creating Google
After graduating from the University of Michigan, Larry Page joined Stanford University’s computer science program, where he chose to study the mathematical properties and link structure of the World Wide Web for his dissertation. He realized that a website’s quality could be judged by the number of backlinks it received, similar to how citations measure academic papers. Larry partnered with Sergey Brin, a fellow PhD student, on a project they called “Backrub.” They developed an algorithm, “PageRank,” which assigned a quality score to websites based on backlinks.
To display these results, they built a search engine. When their project used too many university resources, they decided to launch Google as a private company in 1998. Initially, they wanted to name it “Googol,” representing the number 1 followed by one hundred zeros. With a $100,000 investment from Stanford professor David Cheriton, Google was born and later became a massive success.
Larry Page Net Worth 2024, Age, Height, Weight, Social Media, Married, Family, Wiki Biography
| Larry page Date of Birth | Mar 26, 1973 |
|---|---|
| Larry page Age | 51 Years |
| Birth Place | Michigan, United States |
| Residence | Michigan, United States |
| Country | United States |
| Profession | Computer Scientist and Internet Entrepreneur |
| Larry page Education | Graduated |
| Larry page Father | Carl Victor Page |
| Larry page Mother | Gloria Page |
| Larry pageNationality | American |
| Larry page Brother | Carl Victor Page, Jr. |
| Larry page Religion | Christianity |
| Larry page Horoscope | Aries |
| Larry page Weight | 65 KG |
| Larry page Height | 5 Feet 7 Inches |
| Larry page Net Worth 2024 | $136.7 Billion |
| Larry page Category | Business People & Entrepreneurs |
| Larry page Achievements | Co-founded and led Google for many years |
| Larry page Wife | Lucinda Southworth |
Larry Page Personal Life and Real Estate
Larry Page has been married to Lucinda Southworth since 2007. Their wedding took place on Richard Branson’s private island, Necker Island. The couple has two children together. Their main home is a 9,000-square-foot house in Palo Alto, California, which Larry purchased in 2005 for $7.2 million. Beginning in 2009, they started buying and tearing down most of the neighboring houses near their main residence.
In 2011, Larry bought a 193-foot yacht named Senses for $45 million.
During the COVID-19 pandemic, Larry and his family reportedly relocated to Fiji, where they are said to have purchased at least one private island and possibly several nearby islands.
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Larry Page leadership style
- Focus on Passion:
Larry Page and Sergey Brin created Google out of excitement for technology, not for money. - Value Your Work:
They refused to sell their company to those who didn’t appreciate their innovation. - Learn Through Reading:
Without a mentor, Larry relied on books to gain leadership and management skills. - Compensate for Weaknesses:
Larry’s technical expertise helped him overcome his lack of experience as a young CEO. - Be Patient with Big Ideas:
Projects like Google Maps took years to develop but were worth the time. - Purpose Over Profit:
The team is motivated by the impact of their work, not just by money. - Hands-On Hiring:
Larry personally approves hires to stay connected with the company’s direction.
Why Is Larry Page Richer Than Sergey Brin?
Although Larry and Sergey co-founded Google together, Larry owns slightly more shares than Sergey. According to the latest SEC filings, Larry owns 6.1% of Google’s shares, while Sergey holds 5.7%. This small difference in shares makes Larry a few billion dollars richer than Sergey.
It’s important to note that while both Larry and Sergey have significant stakes in Alphabet through Class C shares, they and former Google CEO Eric Schmidt control most of the Class B shares, giving them over 50% of the company’s voting power. This allows them to have significant influence over Alphabet’s direction and leadership, even without a majority of the common Class C shares.
Larry Page Quotes on Innovation and Entrepreneurship
- You never lose a dream, it just incubates as a hobby.
- Always deliver more than expected.
- Always work hard on something uncomfortably exciting.
- You need to get one thing done well, or else you don’t have permission to do anything else.
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FAQs: Larry Page’s Net Worth 2024
Still not satisfied? Here are some frequently asked questions:
Who is Larry Page and why is he famous?
Larry Page, born on March 26, 1973, in East Lansing, Michigan, is an American computer scientist and entrepreneur. Along with Sergey Brin, he co-founded Google, which has become one of the most popular websites on the Internet.
At what age did Larry Page become a billionaire?
Larry Page was seen as the leader at Google by employees, as he had the final say on all new hires. He also signed off on the company’s IPO, which made him a billionaire by the age of 30.
How much money does Sergey Brin and Larry Page make?
Even though Larry Page and Sergey Brin stepped down from their roles in December 2019, they remain among the largest shareholders of Google’s parent company, Alphabet. According to the Forbes Billionaires List, their combined fortune is valued at $257 billion.
What impact did Larry Page have on technology?
In August 1996, the first version of Google was launched on the Stanford University website. This version showcased the PageRank algorithm, which analyzed the importance of web pages based on their links. The algorithm was named after Larry Page, reflecting its focus on ranking pages.
What influenced Larry Page to create Google?
Larry Page’s parents sent him to Interlochen Arts Camp in Interlochen, Michigan, for summer music programs. Page has noted that his musical education influenced his drive for speed and efficiency in computing, saying, “In some sense, I feel like music training led to the high-speed legacy of Google for me.”