$ 51.5 Billion
Larry Page Net Worth: Lawrence Edward Page is an American computer scientist and Internet entrepreneur who co-founded Google with Sergey Brin. He is currently serving as its Chief Executive Officer. He has a net worth of $51.5 Billion dollars. As of April 4, 2011, he is also the Chief Executive Officer of Google. The company still rules in search, with two-thirds of the market, and its influence keeps expanding as the adoption of its Android mobile phone operating system soars.
Check out the below article to know the complete information regarding Larry Page Networth, His Salary, Houses, Cars, and his other Investments details.
Larry Page Net Worth 2019 @ $51.5 Billion
American computer scientist and internet entrepreneur, Lawrence “Larry” Page, has a net worth of $51.5 billion in November 2017.
Net Worth details: Page owns about 6 percent of Alphabet, the parent company of the world’s largest search engine Google. He has sold about $9 billion worth of shares of both Alphabet and Google since the company’s IPO in 2004. Page owns Class A, Class B, and Class C shares of Alphabet, including 20 million shares of Class C Alphabet stock. Google has more than 3.5 billion daily searches and had revenue of more than $90 billion in 2016.
Larry Page Salary in One Year, One Month, One Day, One Minute, One Second
Co-founder and current chief executive officer (CEO) of Google Larry Page has been paid an annual salary of only $1 every year since the company went public.
CEOs such as Page typically have such large stock holdings that they can afford to make the largely symbolic gesture of accepting only $1 as a paycheck. In most cases, cash compensation, or salary, is only a small component of overall executive compensation packages. More profitable elements of compensation take the form of stock, stock options, and performance-based awards.
Despite his virtually non-existent salary, Page has profited immensely from his company. His net worth is estimated at around $51 billion.
Larry Page Salary in Indian Rupees: $1 (64 Rupees Approximately)
Larry Page Earning Overtime & Other Assets
2013 – Annual salary from Google – $1,000
Jan. 2011 – Value of his yacht named Sense – $45,000,000
Sep. 2005 – Value of the Google Jet, a Boeing 767-200, that he owns along with Sergey Brin – $15,000,000
2005 – Value of his home in Palo Alto, California – $7,000,000
Larry Page House, Cars, Yachts and Private Jet
Larry Page House & Property (where does Larry Page live now?):
Estimated home value: $8 million
Page lives in a surprisingly modest house for the CEO of one of the most valuable companies in the world. His 8,149-sq. ft. Palo Alto home has 6 bedrooms and 6 bathrooms. Page purchased the home for about $7 million in 2005.
In January 2011, the Google co-founder added to his long list of toys a high-end expedition yacht named “Senses.” Costing a little over US $45 million, the 193-ft yacht was bought from renowned Kiwi businessman Sir Douglas Meyers.
The Google Jet, as it is popularly known as a Boeing 767-200 is the property of Larry Page and Sergey Brin, the two co-founders of Google. They bought the jet back in September 2005 for around $ 15 million from Qantas. Originally the jet had a seating capacity of 180 but was modified to seat 50.
Exige – manufactured by Lotus ($40000).
Larry Page Biography and Wiki
Larry Page Born on March 26, 1973, Page had computer scientists for his parents. His father Carl Vincent Page was a computer science professor at the University of Michigan, and his mother Gloria Page also taught Computer programming at the same place.
He got his bachelor of science degree in computer engineering from the University of Michigan and went on to study for a Masters at the Stanford University. There he met Sergey Brin. They both describe their first meeting as lively one, with both of them debating things. They eventually found a subject, which was of great interest to both.
They together worked on, what is widely considered as their seminal contribution, a paper called “ The Anatomy of a Large-Scale Hypertextual Web Search Engine”. They invented a search engine called BackRub, which was later renamed as Google and also built a Page rank algorithm based on which the search results would be provided. This algorithm is used till today in their Google search engine.
In 1998, using a $ 1 million investment from Sun co-founder, they incorporated their company Google Inc. and got themselves a new office in Menlo Park, California. Over the next few years, the company grew with an astronomical rate with much new innovation being added to the company’s list of products. Page married Lucinda Southworth in 2007 on Richard Branson’s Carribean Necker Island.
Page also pursues active interests in alternative energy vehicles and has invested in companies such as Tesla Motors, which develop vehicles which use alternative fuels. After the company went public in 2004, Page’s net worth rose to a total of US $ 12 billion and made him the 27th richest person in the world.
Quick Facts about Larry Page:
|Net Worth||$51.5 Billion|
|Date Of Birth||March 26, 1973|
|Place Of Birth||East Lansing, Michigan, United States|
|Height||5 ft 11 in (1.81 m)|
|Profession||Entrepreneur, Businessperson, Computer Scientist, Internet Entrepreneur|
|Education||East Lansing High School (1987–1991)|
|Spouse||Lucinda Southworth (m. 2007)|
|Parents||Carl Victor Page, Gloria Page|
|Nicknames||Lawrence Edward Page , Lawrence Page|
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