Wealth Skyrockets, Larry Page Becomes The Larry Page 3rd Richest Person In The World
Google Co-Founder Adds $6 Billion In One Day: Gemini 3 Impact Overturns Rankings, Surpassing Jeff Bezos
MOUNTAIN VIEW, USA – The fierce competition among technology giants has once again reshuffled the billionaire rankings. Larry Page, co-founder of Google, experienced a multi-billion dollar surge in his fortune thanks to the better-than-expected performance of the company’s ambitious new artificial intelligence model, Gemini 3. Page’s total net worth climbed to $252 billion, making him the world’s third richest person on the Bloomberg Billionaires Index and pushing Jeff Bezos down to the fourth spot.
📝 Who Is Larry Page? The Founding Genius Of Silicon Valley
The current surge in Larry Page‘s fortune is a direct result of his half-century influence on the world of technology.
- Early Life and Education: Born in Michigan in 1973, Page came from a family of computer scientists. After completing his undergraduate education at the University of Michigan, he moved to California to pursue a Ph.D. in computer science at Stanford University.
- Founding Google: Page met Sergey Brin at Stanford. Together, they developed the PageRank algorithm, which forms the basis of internet search engines, and co-founded Google in 1998. This algorithm fundamentally changed how we access information today.
- The Alphabet Era: When Google was restructured in 2015 to form the holding company Alphabet, Page became the CEO. He continues to hold key roles in company management today, focusing especially on advanced technology projects like AI.
📈 A $6 Billion Leap In One Day
Following the launch of Gemini 3, Alphabet (Google’s parent company) shares gained 3% in value, instantly increasing Larry Page’s net worth by $6 billion in a single day.
- Ranking Change: This rise placed Larry Page 3rd Richest Person on the global list. Jeff Bezos fell to the fourth spot due to relative value loss in the Amazon sector. This event demonstrated how immediately AI technology can transform market valuation.
- Sergey Brin’s Share: Sergey Brin, the other Google co-founder, also benefited from the surge. Brin’s fortune increased by $5 billion, securing his position at fifth place on the list. Thus, the Google founders have solidified their positions at the top of the list.
🤖 GEMINI 3: WHY THE SURGE?
According to experts, the strong stock market reaction was primarily due to Gemini 3’s performance, which “exceeded expectations” compared to its rivals.
- Analyst Praise: Analysts at the asset management firm D.A. Davidson described Gemini 3 as “truly powerful,” calling it “their favorite artificial intelligence” among existing models. Experts also emphasized that Gemini 3 is “the most advanced level currently available,” according to technology standards.
- Performance Increase: Google stated that the new model can better understand complex questions, provide more accurate answers, and possesses enhanced reasoning and coding capacities. Furthermore, the news that it will integrate across Search, the Gemini application, and enterprise services further boosted the stock.
🌐 STRATEGIC POSITIONING IN THE AI RACE
In a race intensified by the consecutive launches of rivals like OpenAI’s GPT-5 and Anthropic’s Claude series, Google’s move holds crucial strategic importance. In conclusion, this financial jump signifies that Larry Page and Sergey Brin are now fully reaping the rewards of their long-term infrastructure investments in AI.
