The fortune of the American billionaire Larry Page and his colleague Sergey Brin, the founders of Google, jumped by nearly $ 26 billion and $ 24 billion, with a total of $ 50 billion for them together, since the beginning of this year until now, to reach $ 109 and $ 103 billion, respectively, after the share prices of Alphabet, which tracks the company, jumped. It has the largest research site in the world by more than 35% during this year, bringing the total value of the company, which is based in Mountain View, California, to $ 1.521 trillion, thanks to its early products supported by artificial intelligence technology.
American billionaire Larry Page and his colleague Sergey Brin, founders of Google, ranked 8 and 9 in Bloomberg’s list of the world’s richest people
The wealth of US billionaire Larry Page and his colleague Sergey Brin, who co-founded Google, increased to occupy the eighth and ninth places, respectively, in Bloomberg’s list of the world’s richest people, after the shares of Alphabet, to which Google belongs, rose by 3% yesterday, Tuesday, to reach about $ 120 per share. This raised the total value of the company to more than $1.5 trillion for the first time since May of last year, during which the company lost nearly 40% of its total value.
Bloomberg reported that the wealth of US billionaire Larry Page and his colleague Sergey Brin, who co-founded Google, rebounded with the stock price of Google’s financial company, Alphabet, rising by more than 4% in Wednesday’s session last week, to record the highest closing in more than 8 months, and for the company to achieve market gains. It exceeded $ 56 billion in one day, raising its market value to more than $ 1.4 trillion, after the company announced the addition of more artificial intelligence technology services to its basic search product to confront competing companies such as its American colleague Microsoft.
The stock price of Alphabet, the financial company for Google, rose 10% in one day
The wealth of US billionaire Larry Page and his colleague Sergey Brin, who co-founded Google, also increased when the share prices of the parent company, Alphabet, rose by more than 10% on February 8, when it announced its Bard artificial intelligence tool.
American billionaire Larry Page and his colleague Sergey Brin, who co-founded Google, maintained their positions in Bloomberg’s list of the 10 richest billionaires in the world, with the increase in the market value of Alphabet, which owns Google, to become one of the 3 companies listed on the American Stock Exchange, each with a market value exceeding $ 1.5 trillion. With tech giants Apple and Microsoft while e-commerce giant Amazon is the only other company with a market capitalization of $1 trillion.
Disclaimer: The Baladi website works automatically without human intervention, and therefore all articles, news and comments published on the site are the responsibility of their owners and the management of the site does not bear any moral or legal responsibility for the content of the site.
“All rights reserved to their respective owners”
Source: “The Origins of Egypt”
