Have you ever wondered what the net worth of Larry Page is? When Larry Page co-founded Google, they had no idea what their creation would turn into. In fact, thanks to its regular usage, The Oxford English Dictionary included the word “Google” as a verb in 2006.
Page served as CEO of Google for four years. After that, he moved on to become CEO of Alphabet, Google’s parent company. Page co-founded PageRank, a search ranking system made for Google, and for his efforts, Larry Page received the Marconi Prize along with his co-founder in 2004.
As of May 2023, the net worth of Larry page is $93.3 billion. His massive success with Google has made him worth as much as some countries!
Let’s take a look at Page’s career and see how he went from a Lansing, Michigan, nobody to a Silicon Valley king.
Early Life
Larry Page was born on March 26th, 1973, in Lansing, Michigan. At a young age, his family exposed him to the world of technology. His father, Carl, earned a Ph.D. in computer science from the University of Michigan.
He was also a respected mind in the tech community and a computer science professor at Michigan State. His mother, Gloria, was an instructor in computer programming at Lyman Briggs College.
Page’s childhood home featured many computer science magazines. This exposed him to his eventual passion at a young age. Because of this, Larry Page realized he wanted to start a company one day, at just twelve years old.
Larry Page Education
Larry Page received an elite education. After getting a bachelor’s degree in computer engineering from the University of Michigan, he built a base from a top-flight school. Then, he went on to receive his master’s degree from Stanford University.
Creating Google
While studying at Stanford in 1995, Larry Page met Sergey Brin. At the time, he was a researcher working on a project.
Now, before Google, there was “BackRub.” Backrub was the first search engine Page and Brin created during school. At the time, the platform was only available to Stanford students. After several months of using BackRub on Stanford’s servers, the duo set their sights higher.
So, Page and Brin decided they wanted to create a real business out of BackRub. But to do so, they needed money. As college students, enough money to start a business wasn’t easy to come by. Because of this, they scraped together as much as possible from faculty, family, and friends.
But the team’s breakthrough came when they met Andy Bechtolsheim, co-founder of Sun Microsystems. The German mogul made a significant investment of $100,000 for the idea of “Google.” After his investment, the Google team got to work.
Page then appointed himself as CEO with Brin serving as the firm’s president. What followed was, needless, to say, spectacular. The company dominated its competition with the help of PageRank.
To explain, PageRank was a formula developed by Larry Page and Brin to measure the importance of a website. By using this, Google built a more dominant search platform than its competition.
Google’s IPO (initial public offering) came in 2001. Thanks to the company’s promise, the IPO made Larry Page and Sergey Brin instant millionaires.
Sergey Brin Net Worth
Although Larry Page is brilliant, he couldn’t have created Google without Sergey Brin. Sergey Mikhaylovich Brin is also an American software engineer and entrepreneur.
Together, he and Larry Page founded Google. Brin was the president of Google’s parent company, Alphabet Inc., until stepping down from the role on December 3, 2019.
Page and Brin’s clashing personalities created a competitive environment for the company. During their Stanford days, the two apparently found each other obnoxious. But with time, they became friends and eventually founded Google together.
Larry Page Net Worth 2023
As of May 2023, Larry Page has a net worth of $93.3 billion. Larry Page has received multiple awards for his impressive work with Google over the years. MIT featured him on its “Top Innovators” List in 2002.
Not only that but in 2009, Forbes named both Page and Brin the fifth most powerful people in the world. Overall, Google has stood the test of time and is now a regular part of our lives.
Key Takeaways
Don’t delegate
Do what you can on your own to move things forward as quickly as possible.
Never get in the way when you’re not needed
Allow your team to make decisions and have high-level conversations on their own. Larry Page lived by this strategy.
Don’t be a bureaucrat
A bureaucrat is one who lives by a fixed routine. They often do this without using intelligent judgment. Avoid this at all costs.
Respect everyone’s opinions, regardless of their age
Everyone deserves a voice, no matter how junior they are.
Always provide a solution
If you’re going to tell someone, “No,” then you need to come with an answer as well. Otherwise, you’re not helping to push things forward.