Larry Page is the co-founder of Alphabet, the parent company of Google, the largest search engine operator in the world. He co-founded the company with headquarters in Mountain View, California in 1998, which handles approximately 3.5 billion searches per day and reported revenues of $ 111 billion in 2017. Other units include its research division, Google X.
Larry Page is an American computer scientist and Internet entrepreneur. He has a real-time net worth of USD 48.3 billion in April 2018 according to Forbes. Page is the co-founder of Google. As of April 4, 2011, he is also the Executive Director of Google. The company still governs the search, with two-thirds of the market, and its influence continues to expand as the adoption of its Android mobile phone operating system soars. (Provide Android for free to phone manufacturers.) Stocks have increased by 18% in the last year.
His personal passions include buying chunks of the Palo Alto residential for a network of houses that use new types of geothermal energy, fuel cells, and rainwater capture. He also assembles a Zero X electric motorcycle and an electric sports car from Tesla Motors, in which he and Google co-founder Sergey Brin are investors.
Larry Page is also the creator of a very popular search ranking algorithm “PageRank”. It is the best-known Google search ranking algorithm that bears the name of Larry Page himself. Larry Page is also interested in exploring driverless cars, biotechnology, space travel and artificial intelligence. He is also an advocate of clean energy.
One of the sources of income for Larry Page is Google Inc. and the shares he owns in it. He runs a company that has evolved far beyond its main search products and now has the hardware, Chrome Browser, Android and much more in its pens. Most of his fortune also comes from Alphabet Inc., where he serves as CEO. Larry Page owns more than 21 million shares of Alphabet Inc., its wealth increases as the value of the shares increases. He was also an early investor in Tesla Motors. Larry Page is one of the richest people in the world.
Larry Page has his own yacht called “Senses Yatch”. He spent 45 million dollars on this yacht. A famous French architect designed the yacht. It consists of a gym, 10 luxury suites and a multi-level terrace.
Not being evil is the best idea in which Larry Page has worked. It is one of the best decisions that Larry Page has made. This idea basically consists of not doing pop-ups advertising, marking ads paid accordingly and not fooling people. Although this makes money slow, helps build a reliable company and helps to earn long-term user loyalty.
Larry Page joined the club for $ 1 a year in 2004. There are many other top executives such as Larry Ellison of Oracle, Meg Whitman of Hewlett-Packard and Mark Zuckerberg, founder of Facebook, who receive only $ 1 a year as a symbolic gesture.
While Larry Page and Sergey Brin have limited their salaries to $ 1 per year, the other four top executives of Google Inc. receive a combined package of more than $ 124 million per year. Of course, this does not mean that Larry Page lives alone with the $ 1 menu. He is still worth millions and has a large net worth of $ 48.3 billion as he owns many stocks and shares. Despite his almost non-existent salary, he benefits immensely from his company which is clearly visible through his net worth.
Where is Google going next?