Larry Page was born in Michigan in 1973 to parents who worked as computer experts. And, just like them, he majored in computer engineering at Stanford University and met Sergey Brin. The two developed a search engine that ranked sites by page popularity, and, with Page as CEO, it became the most popular search engine in the world shortly after its incorporation in 1998. Page and Brin eventually assumed leadership of Google’s new parent company, Alphabet, before relinquishing their day-to-day duties in the final months of 2019.
Larry Page Early Life and Education
The Tech Billionaire Lawrence Page was born on March 26, 1973, in East Lansing, Michigan. His father, Carl Page, was a computer science and artificial intelligence pioneer, and his mother taught computer programming. He graduated from the University of Michigan with a bachelor’s degree in engineering, then began computer engineering studies at Stanford University, focusing on information retrieval, where he met Brin.
Creating Google With Sergey Brin
Working on a research project at Stanford University, Page and Brin developed a search engine that ranked results by page popularity, assuming that the most popular results would be most useful. They named the search engine “Google” — a play on the mathematical term “googol,” which refers to the numeral 1 followed by 100 zeros — to convey their mission to organize the immense amount of information available on the internet.
The two founded the company in 1998 after raising $1 million from family, friends, and others. Google is now the most used search engine in the world and averages 5.9 billion searches per day in 2013. Based in the middle of California’s Silicon Valley, Google went public in August 2004 and turned Page into a billionaire at the age of 31.
Evolving Conglomerate
In 2006, Google acquired the most popular website for user-generated streaming videos, YouTube, in exchange for $1.65 billion in Google stock.
In September 2013, Page was No. 13 on the Forbes 400 list of the wealthiest people in America. That October, he placed No. 17 on Forbes’s 2013 “Most Powerful People” list. Page split responsibility for Google’s operations between Brin, who led a group of engineers developing Google’s infrastructure, known as Google Brain, and Schmidt, who had management responsibility for the company’s sales and partnerships.
In 2015, Page and Brin announced a new parent company, Alphabet, to control Google and other holdings. Page and Brin became CEO and president of Alphabet, respectively, replacing Google’s top executive, Sundar Pichai.
Autonomous Air Taxi
In March 2018, a company bankrolled by Page, Kitty Hawk, found officials in New Zealand willing to start the regulatory process for what is essentially a fully electric, self-piloting flying taxi service.
Last October, Kitty Hawk began testing its small planes — known as Cora — in New Zealand. Teaming up with the likes of Boeing, Airbus, and Uber, which all have designs on pioneering and entrenching themselves within the growing air taxi industry, Kitty Hawk hopes to have a commercially viable network of vehicles in operation by 2021.
Larry Page Net Worth 2026:
Larry Page is an American billionaire entrepreneur and computer scientist with a net worth of $220 billion. Larry Page made his money as a cofounder of Google, which is now a subsidiary of its parent company, Alphabet. Divorces can be costly, and Larry Page has been divorced twice. He was the CEO and co-founder of the company that disbanded in 1998, staying on as an executive until August 2001, when Google hired Eric Schmidt to take his place. He later also served as CEO from April 4, 2011, to October 2, 2015, when the parent company of Google was restructured into Alphabet Inc. Larry stepped down in 2015, leaving Sundar Pichai as CEO. Larry Page and Sergey Brin founded Google while they were graduate students at Stanford.
