Lawrence Edward Page (Larry Page) was born on 26th March 1973. He is an entrepreneur and computer scientist from the US, and he and Sergey Bin co-founded Google. In 2019, Larry Page discounted the CEO of Alphabet, which is the parent company of Google. But, he remained the Board of directors and a significant stakeholder of Alphabet.
In 1998, Larry Page and his friend Sergey Brin co-founded Google. Page was the CEO of Google before Eric Schmidt took that position, and he became the CEO of Alphabet (parent company of Google) from 2011 to 2015.
Net Worth of Larry Page
Larry Page is a wealthy entrepreneur from the United States who made his fortune as the founder of Google.His net worth is $124.5 billion as of January 2022. According to Forbes, he is the world’s seventh-richest person.Larry Page is best known as the co-founder and former CEO of the internet behemoth Alphabet, which controls several subsidiaries, notably the search engine Google. Larry Page and Sergey were graduate students when they founded Google.
Early Life of Larry Page
Larry Page was born in Lansing, Michigan, on 26th March 1973. His family introduced him to technology when he was a child. Carl, his father, graduated from the University of Michigan with a Ph.D. in computer science. He was also a computer science professor at Michigan State University and a well-known figure in the IT sector. Gloria, his mother, was a computer programming lecturer at Lyman Briggs College.
Page grew up with a lot of computer science magazines in his house. He learned about his future interest at an early age due to this. As a result, Larry Page understood that he wanted to establish his own business at the age of twelve.
How Larry Page Created Google?
Larry Page met Sergey Brin in 1995 while studying at Stanford. He was a researcher at the time, working on a project.
Before Google, there existed a program called “BackRub.” Backrub was Page and Brin’s first search engine, which they invented while still in school. The site was exclusively available to Stanford students at the time. After many months of employing BackRub on Stanford’s systems, the duo moved their sights higher.
As a result, Page and Brin decided to turn BackRub into a real business. But they required money to do so. It wasn’t easy to come up with enough money to start a business as a college student. As a result, they gathered together as much money as they could from professors, relatives, and friends.
But it was after the team met Andy Bechtolsheim, co-founder of Sun Microsystems, they made their breakthrough. The German tycoon made a $100,000 investment in the concept of “Google.” The Google team started to work once he made his investment.
Page was then named CEO, with Brin acting as president of the company. What happened next was incredible. With the aid of PageRank, the firm dominated its competitors. PageRank is a formula created by Larry Page and Sergey Brin to determine the significance of a website. Google was able to build a more dominating search platform than its competitors.
Google’s first Initial Public Offer (IPO) came in 2001, which changed the life of Larry Page and Sergey Brin, and they became overnight millionaires.