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Larry Page – Billionaire

Lawrence “Larry” Edward Page (born March 26, 1973) is an American computer scientist and Internet entrepreneur who co-founded Google with Sergey Brin.

Page is the chief executive officer (CEO) of Google’s parent company, Alphabet Inc. After stepping aside as Google CEO in August 2001 in favour of Eric Schmidt, he re-assumed the role in April 2011. He announced his intention to step aside a second time in July 2015 to become CEO of Alphabet, under which Google’s assets would be reorganized. Under Page, Alphabet is seeking to deliver major advancements in a variety of industries.

In November 2016, he is the 12th richest person in the world, with an estimated net worth of US$36.9 billion.[citation needed]

Page is the inventor of PageRank, Google’s best-known search ranking algorithm. Page received the Marconi Prize in 2004.

Early life and education

Page was born March 26, 1973 in East Lansing, Michigan. His father, Carl Victor Page, Sr., earned a PhD in computer science from the University of Michigan in 1965, when the field was being established, and has been described by BBC reporter Will Smale as a “pioneer in computer science and angling.” He was a computer science professor at Michigan State University and Page’s mother, Gloria, was an instructor in computer programming at Lyman Briggs College and at Michigan State University.

During an interview, Page recalled his childhood, noting that his house “was usually a mess, with computers, science and technology magazines and Popular Science magazines all over the place”, an environment in which he immersed himself. Page was an avid reader during his youth, writing in his 2013 Google founders letter that “I remember spending a huge amount of time poring over books and magazines”. According to writer Nicholas Carlson, the combined influence of Page’s home atmosphere and his attentive parents “fostered creativity and invention”. Page also played saxophone and studied music composition while growing up. Page has mentioned that his musical education inspired his impatience and obsession with speed in computing. “In some sense I feel like music training led to the high-speed legacy of Google for me,”. In an interview Page said that “In music you’re very cognizant of time. Time is like the primary thing” and that “If you think about it from a music point of view, if you’re a percussionist, you hit something, it’s got to happen in milliseconds, fractions of a second”.

Page was first attracted to computers when he was six years old, as he was able to “play with the stuff lying around”—first-generation personal computers—that had been left by his parents. He became the “first kid in his elementary school to turn in an assignment from a word processor”. His older brother also taught him to take things apart and before long he was taking “everything in his house apart to see how it worked”. He said that “from a very early age, I also realized I wanted to invent things. So I became really interested in technology and business. Probably from when I was 12, I knew I was going to start a company eventually.”

Page attended the Okemos Montessori School (now called Montessori Radmoor) in Okemos, Michigan, from 1975 to 1979, and graduated from East Lansing High School in 1991. He attended Interlochen Center for the Arts as a saxophonist for two summers while in high school. Page holds a Bachelor of Science in computer engineering from the University of Michigan, with honors and a Master of Science in computer science from Stanford University. While at the University of Michigan, Page created an inkjet printer made of Lego bricks (literally a line plotter), after he thought it possible to print large posters cheaply with the use of inkjet cartridges—Page reverse-engineered the ink cartridge, and built all of the electronics and mechanics to drive it. Page served as the president of the Beta Epsilon chapter of the Eta Kappa Nu fraternity, and was a member of the 1993 “Maize & Blue” University of Michigan Solar Car team. As an undergrad at the University of Michigan, he proposed that the school replace its bus system with a PRT System which is essentially a driverless monorail with separate cars for every passenger. He also developed a business plan for a company that would use software to build a music synthesizer during this time.

Larry Page net worth and salary: Larry Page is an American billionaire entrepreneur who has a net worth of $53 billion dollars. Larry Page is the co-founder and current CEO of the web giant Google. Larry Page created Google with Sergey Brin while both were graduate students at Stanford. Born in East Lansing, Michigan (home of Michigan State University) on March 26, 1973, he teamed with fellow doctoral student and close friend, Sergey Brin in 1998 to form the world’s largest, most successful and most dominant search engine – Google. Page is also heavily interested in alternative energy sources and supports alternative energy research through Google’s philanthropic arm.

He is currently one of the richest internet entrepreneurs in history and one of the richest people in the world. Larry Page has received recognition from many professional organizations, including an honorary MBA from IE Business School and the Maxim Foundation Prize in 2004 (the highest award available in the field of engineering). He is also a Fellow of the Marconi Foundation at Columbia University and he now owns an honorary Doctorate from the University of Michigan. Along with co-founder and friend, Sergey Brin, Page is actively engaged in many philanthropic causes.

Net Worth details: Page owns about 6 percent of Alphabet, the parent company of the world’s largest search engine Google. He has sold about $9 billion worth of shares of both Alphabet and Google since the company’s IPO in 2004. Page owns Class A, Class B, and Class C shares of Alphabet, including 20 million shares of Class C Alphabet stock. Google has more than 3.5 billion daily searches and had revue of more than $90 billion in 2016.

Source:

  1. wikipedia
  2. celebritynetworth

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