Topline
Google cofounder Larry Page overtook Amazon’s Jeff Bezos to become the world’s third-wealthiest person Wednesday, as Alphabet’s stock surged by nearly 6% in the wake of strong third quarter earnings and the release of Google’s Gemini 3 AI model.
Larry Page (L), Co-Founder and President, Products and Sergey Brin, Co-Founder and President, Technology pose inside the server room at Google’s campus headquarters in Mountain View. They founded the company in 1998. (Photo by Kim Kulish/Corbis via Getty Images)
Corbis via Getty Images
Key Facts
Shares of Google parent company Alphabet surged 6% in early trading Wednesday following the release of Google’s Gemini 3 AI model before easing to around 3.3% just after 2 p.m. EST.
Page’s net worth jumped by about $7.6 billion thanks to his 3.2% stake in Alphabet, while fellow Google cofounder Sergey Brin, who owns about 2.9%, also gained $7 billion, placing them as the third and fifth wealthiest person in Forbes Real-Time Billionaires List.
Elon Musk remains the world’s richest person by far with a fortune valued at $466.2 billion as of Wednesday, followed by Oracle chairman Larry Ellison worth $276.5 billion in second.
Jeff Bezos sits between Page and Brin in the rankings and is worth $233.6 billion.
Big Number
102%. That’s how much Alphabet stock has climbed since its yearly low in April.
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Source: https://www.forbes.com/sites/martinacastellanos/2025/11/19/google-cofounder-larry-page-overtakes-bezos-for-worlds-third-richest-after-gemini-3-ai-model-announcement/
