Billionaire Larry Page:Google’s Founder $13 Billion

12 September, 2007 (12:00) | Business, Entrepreneurs | By: admin

If you have never heard of Larry Page it is safe to say that you do not pay too much attention to the internet or technology worlds. When it comes down to it, Page is a self made billionaire and one of the most well known people in the internet game. Page is the founder of Google, the search engine giant that has taken off so fast as to leave both Yahoo and Microsoft in the dust.

Google Jet

Even though many people feel that Page has had a good bit of luck on his side, it is safe to say that his background is a main reason for all of the money that he has made. After attending the University and receiving a degree in computer engineering, Page moved onto Stanford University. Once he obtained a master’s degree, it was time to get started on his Ph.D. But before Page finished work on this degree, he met up with Sergey Brin and in 1998 they launched Google.

Over the past 10 years, Google has continued to increase its revenue exponentially. In Forbes most recent list of the richest people in the world, the 33 year old Page ranked #27. So how much money does that ranking equate to, you may ask? Although not an exact figure, estimates show that Page has a net worth of approximately $12.8 billion.

Page currently holds the title of President for Products at Google. While this may sound like he has given up some power, it is safe to say that he is still pulling all of the strings behind the scenes.

Since taking the company public in 2004, Page and Google have seen a huge influx in business. This includes everything from their well known search engine to taking on new projects in the telecommunications industry. Of course, Page and Google make a lot of their money from their well known online advertising program. Both Google AdSense and Adwords are known as the best of the best in this industry.

Even though Page spends his money on big ticket items like most in his situation, he knows that this is not the end all. For this reason, Page also manages a $1 billion philanthropic organization. As you can see, he gets just as much joy giving back as he does making money for himself. In addition to spending countless hours for Google, Page is also an investor in Tesla Motors. This company is currently in the process of developing a battery operated vehicle with a range of approximately 250 miles. Again, this is a great way for Page to use his money to help others while also staying involved with a number of different industries.

Larry Page has made more money in the past year than most people will in their entire life. But even though he is achieving success at a very high rate, he spreads his wealth whenever possible. Of course, when you are worth nearly $13 billion it is easy to share with others!

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