Larry Page Net Worth: How Much Does He Earn a Year?

Larry Page is an American entrepreneur and computer scientist who was one of the co-founders of the massively successful corporation Google, which is a search engine.

As an internet company that provides a wide range of products and services, Google has become an indispensable component of the routines of millions of people.

Larry Page and Sergey Brin established the mega-corporation in 1998 to enhance the day-to-day lives of people and make technology readily available to everyone.

Early Life

On March 26, 1973, Larry Page was born in East Lansing, Michigan (the location of Michigan State University), making him one of the youngest people to ever attend college. Carl Victor Page, Sr., his paternal grandfather, was a pioneer in the field of computing. Inventing and tinkering with computers began for Larry at a young age.

From 1975 until 1979, he went to Okemos Montessori School. On to East Lansing High School, where he received his diploma in 1991 after four years. Larry studied the saxophone for two summers at Interlochen Center for the Arts while still in high school. He graduated from the University of Michigan with a bachelor’s degree in computer engineering.

When Google Was Created, Stanford Was There

As soon as he finished his studies at the University of Michigan, Larry enrolled in Stanford University‘s computer science department. He’ll have to come up with a topic for his dissertation as part of the curriculum. He eventually opted to study the World Wide Web’s mathematical features and link structure. According to him, the quality of a website may be gauged by the number of links it receives from other sites. In the academic realm, citation counts are used to determining the quality of a paper’s argument.

In the end, Sergey Brin, a fellow Ph.D. student, teamed up with Larry on the “Backrub” project. “The Anatomy of a Large-Scale Hypertextual Web Search Engine” was the result of their collaboration. As a result of its popularity, their paper was the most downloaded scientific article in the history of the internet.

Larry Page Net Worth

The Backrub web crawler was then used to create an algorithm that assigned a quality score to each website on the internet. They dubbed this system “PageRank,” which was a play on Larry Page’s last name and the page number on the internet. It was only logical to create a search engine after establishing a crawler and an algorithm.

In 1998, Larry and Sergey founded Google as a for-profit corporation after being expelled from Stanford University for abusing the university’s computer resources. Initially, “Googol” was the domain name, which is the number 1 followed by 100 zeros. One of their Stanford professors, David Cheriton, invested $100,000 in the startup. In the end, Cheriton‘s $100,000 investment turned into $2.3 billion.

Google IPO

Google went public on August 20, 2004, under CEO Eric Schmidt, who was hired to professionalize the company. Larry replaced Schmidt as CEO in 2011. Both he and Sergey left the company in December 2019. Both still own a majority of the company and serve on the board, but have no day-to-day responsibilities. Sundar Pichai became CEO. Today, the corporation earns $130 billion.

Larry Page Net Worth

He’s one of the world’s richest online entrepreneurs. Larry Page earned an honorary MBA from IE Business School and the 2004 Maxim Foundation Prize (the highest award available in the field of engineering). He’s a Marconi Foundation Fellow at Columbia and has an honorary Ph.D. from Michigan. Page is active in charity projects with co-founder Sergey Brin.

Real Estate and Personal Life

Larry and Lucinda Southworth have been married since 2007. They tied the knot on Necker Island, Richard Branson’s private island. They are the parents of two children. This 9,000-square-foot Palo Alto, California, the mansion was purchased for $7.2 million in 2005. The Pages began acquiring and demolishing the majority of the homes near their primary residence in 2009.

Larry Page Net Worth

Larry and his family are said to have moved to Fiji during the COVID-19 pandemic, where they bought at least one completely private island and possibly several other islands nearby.

Larry Page’s Net Worth

Larry Page is an American entrepreneur who is worth a billion dollars thanks to the fact that he started the company Google. As of the time this article was written, Larry Page’s net worth was estimated to be $103 billion.

Larry Page Net Worth

The most famous accomplishment of Larry Page is his role as co-founder and former CEO of the web behemoth Alphabet. Alphabet is the parent company of multiple subsidiary companies, one of which being the search engine Google. While each of them was pursuing their Ph.D. degrees at Stanford, Larry Page and Sergey Brin founded Google together.

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Frequently Ask Questions

Is Larry Page a Billionaire?

As of June 2022, the Bloomberg Billionaires Index estimates that Page’s net worth is around 104 billion dollars, placing him as the sixth wealthiest person on the face of the planet.

What Did Larry Page Do With His Money?

Until 2001, when Eric Schmidt took over as CEO when Page became CEO of Google’s new parent firm Alphabet, he served as CEO of the search engine. Space exploration firm Planetary Resources and “flying automobile” startups Kitty Hawk and Opener are among the companies he has financed.

How Much Does He Earn a Year?

Larry Page earns an estimated salary of $8 Billion per Year.

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