Google co-founder Larry Page has a net worth of $92 billion, making him the 11th richest person in the world. Here’s a breakdown of the computer scientist and entrepreneur’s billion-dollar portfolio.
Updated May 9, 2023
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Larry Page is the American tech titan who co-founded Google and revolutionized the digital era with his innovative PageRank Algorithm. Boasting a staggering $92 billion net worth, Larry ranks eighth on Bloomberg’s Billionaires Index and 11th on Forbes Real-Time Billionaires List—just behind Michael Bloomberg.
The computer-science mastermind juggled two stints as Google's CEO before spearheading its parent company Alphabet in 2015.
Net worth | $92 billion |
Born | March 26, 1973 |
Nationality | American born in Lansing, Michigan, U.S. |
Became a millionaire at | 30 |
Occupations | Entrepreneur, computer scientist |
Sources of wealth | Alphabet Inc., Tesla |
Asset classes | Stocks, startups, real estate, cars, yacht, aviation |
In 1973, Lansing, Michigan, witnessed the birth of Larry Page, a future tech innovator who would grow up surrounded by computers.
His studies took him from a computer engineering Bachelor's at the University of Michigan to a Master's at Stanford University.
Carl Victor Page Sr., AKA Larry's father, also earned a computer science Ph.D. from Michigan University.
Larry enrolled in a computer science Ph.D. program at Stanford and met Sergey Brin. Their curiosity about the World Wide Web's potential motivated the two brainiacs to organize the Internet's ever-growing info—thus, Google was born.
From operating out of a garage to becoming the world's most comprehensive search engine for web pages, Google quickly took the internet by storm.
Under Larry's leadership, Google became one of the most successful search engines, conquering everything from the internet to our pockets with Android's rise to mobile dominance.
In 2011, Page bought Motorola Mobility for $12.5 billion to protect Android from patent lawsuits thrown by Apple and Microsoft. They closed the strategic play when they eventually sold Motorola.
Larry's passion for technology extended beyond software, leading Google to enter the hardware arena by launching the Chromebook in 2012. Serving two tenures as Google's CEO—first from 1997 to 2001, succeeded by Eric Schmidt, and then from 2011 to 2015—Larry transitioned to CEO of Alphabet Inc., Google's parent company.
In his time at the helm, he led Google through tremendous growth and innovation. But all good things must end, and in 2019 Larry passed the torch to Sundar Pichai. Still, his legacy lives on as the mastermind behind one of the most transformational tech companies ever.
Larry Page has invested in various ventures like Tesla Motors, Planetary Resources, Doft, Softbank, Opener, and Singularity University. Living a luxurious life, he owns a majestic Palo Alto mansion, several other properties, a $45 million superyacht called Senses, and an impressive $82 million Dornier Alpha Jet stationed at San Jose airport.
Larry Page holds an impressive 19.8 million Alphabet shares, around 3% of the company's total outstanding shares. As of 2021, he possessed 85.9% of the company's Class B shares, amounting to 51.4% voting power alongside co-founder Sergey Brin.
Back in 2006, Page participated in Tesla's $40 million Series C round. In 2014, he co-invested $1.1 million in Twigtale's seed round. Finally, in 2016, Larry Page contributed to a massive $21 million Series A round for Planetary Resources.
Beyond angel investments, his portfolio includes partner ventures Doft and SoftBank, where he invests alongside Alphabet. His successful exits include Tesla and Planetary Resources.
In 2004, Google introduced Orkut, a social networking site, and Google Desktop Search. That same year, their Initial Public Offering turned the founders into millionaires.
In 2005, they rolled out Google Maps, Google Reader, Blogger Mobile, and even bought YouTube. Then in 2007, Google teamed up with China Mobile and Salesforce.com, plus they signed a deal to bring educational apps to students in Kenya and Rwanda.
Larry owns a $7.2 million 9,000 square feet Spanish Colonial Revival architecture house in Palo Alto, California.
In 2009, he began buying properties and tearing down homes adjacent to his house to make room for a 6,000-square-foot eco house. It features permeable paving, low volatile organic compounds, organic architecture building materials, and a sliding glass door wall.
Larry Page's 6,000-square-foot eco-friendly paradise in Palo Alto, California.
Source: capitalism.com
This eco house's design minimizes environmental impact and considers green home features.
Embracing the billionaire lifestyle, Larry Page and his business partner Sergey Brin boast an impressive collection that includes a custom Boeing 767-200, a Dornier Alpha Jet, and an $82 million private San Jose airport to house their extravagant toys.
Larry cruises the oceans in style aboard his former $45 million, 193-foot superyacht with six decks, a gym, and a jacuzzi. He has reportedly sold it for an undisclosed fee and moved to a smaller vessel.
Larry Page's luxurious car collection includes:
The remarkable rise of Larry Page's net worth, from a computer enthusiast to a tech titan with a $92 billion fortune, offers invaluable lessons and insights for investors seeking inspiration and guidance in their investment journey.
His diverse investment approach, encompassing stocks, startups, real estate, and luxury assets, demonstrates the importance of a well-rounded investment strategy.
His focus on innovation, envisioning the future, and commercializing inventions provide crucial advice for anyone looking to succeed in their investments: Keep an eye on the future, take calculated risks, and strive for growth with every opportunity.