|Net Worth:||$121 Billion|
|Date of Birth:||Aug 21, 1973 (48 years old)|
|Height:||5 ft 8 in (1.73 m)|
|Profession:||Entrepreneur, Businessperson, Computer Scientist, Internet Entrepreneur, Executive Management|
What is Sergey Brin Net Worth?
Known as one of the richest people in the world, Russian-born Sergey Brin who has a net worth of $121 Billion, is an American entrepreneur and computer scientist. Sergey brought in a lot of wealth as the co-founder of Google, today is known as Alphabet, the parent corporation that owns it. His company was co-founded with Larry Page, a classmate at Stanford’s graduate school of computer science.
Life in the Early Years
Sergey Mikhailovich Brin was born in Moscow, Russia, on August 21, 1973. Sergey and his family fled Russia when he was just 6 years old to escape themselves from Jewish persecution. Eventually, they made their way to Maryland, where his father was hired as a math professor at the University of Maryland. In addition to his extraordinary aptitude for math, Sergey also had an extraordinary ability to solve problems at an early age. During his childhood, his father tutored him at home and helped him develop an interest in computers and analytical skills.
Sergey Brin entered Stanford University’s graduate program in computer science in May 1993 after graduating from college. As part of a new student orientation program, he met Larry Page. In turn, this friendship would forever alter the landscape of the Web. Initially, the partners were having difficulty combining their teams. As Brin put it, “we both (are) obnoxious”, constantly arguing with each other.
The innovation of search engines
By examining a site’s external links, Page came up with the idea of a new way to assess the quality of a website. While working on his Ph.D. thesis, Larry wrote a paper describing a new method for crawling the Web. The thesis eventually came to be a collaboration with Sergey. Soon afterward, they created a search engine called BackRub, which was the first to use the popularity of a website to determine its importance. The study was entitled “The Anatomy of a Large-Scale Hypertextual Search Engine”. During that time, their paper became the most downloaded scientific article on the internet.
Launch of Google
Google Corp. was incorporated in September 1998 by the duo. “Googol” is a number consisting of 1 plus 100 zeros, which is the initial domain name. Professor David Cheriton, a Stanford graduate professor, contributed $100 thousand. Ceriton invested $100,000 that eventually grew to over $2.3 billion. Additionally, Sun Microsystems co-founder Andy Bechtolsheim contributed $100,000. August 20, 2004, was the day that Google went public.
With over a monopoly in online search and a duopoly in online advertising (with Facebook), Google is the most powerful internet company in the world today. Search, Maps, YouTube, and Gmail are some of the products Google provides to over 1 billion people every day. A number of websites and apps have been criticized for their arbitrary usage rules and requirements and monopolistic tactics. The FTC, the Department of Justice, and a congressional committee launched anti-trust investigations against Google in 2019.
Previously, he was Google’s head of technology for 10 years before becoming President of Alphabet, the company’s parent company. During the majority of his work hours, he works in the robotics laboratory of the company.
The Google.org philanthropy arm of Brin is devoted to solving the world’s energy and climate problems. In addition to investing in venture funds, he has made investments in clean technology.
Millions of dollars were donated by Sergey to research into Parkinson’s disease. Sergey’s mother was afflicted with the disease.
Alphabet pays both Larry and him just $1 per year.
Details of Net Worth
The Google co-founder is consistently ranked among the wealthiest and most powerful individuals on the planet. Currently, Sergey Brin owns about 6% of Alphabet, the parent company of Google, among other companies. He has sold about $9 billion worth of Alphabet and Google shares since its IPO in 2004. Among Birn’s Alphabet holdings are Class B and Class C shares, including 19 million Class C shares. Google generates revenues of more than $130 billion annually through 3.5 billion daily searches.
During the entire period of 2012 to 2019, Sergey’s wealth rose from $12 billion to a peak of $60 billion. He is an investor in Tesla Motors and 23andMe. They both invested $40 million in Tesla in 2006.
Sergey and Anne Wojcicki were married between 2007 and 2015. In 1998, Susan, Anne’s sister, helped Larry and Sergey set up Google in her garage, where she later became a high-ranking official at Google. Sergey and Anne are parents to two children. Co-founder of the DNA testing website 23andMe, Anne founded 23andMe in 2003.
Nicole Shanahan has been dating Sergey since 2015. In 2018, they got married and had a child.
Sergey Brin Family Foundation, which he has operated since 2015
Property and toys
The 3,500 square foot penthouse Sergey purchased in the West Village, New York City, cost him $8.5 million in 2008. He owns an undisclosed estate as well in Los Altos Hills, California. He acquired the yacht called Dragonfly in 2011 for $80 million. Along with Larry Page, he owns a customized Boeing 767-200 and Dornier Alpha Jet. It has two staterooms with attached bathrooms, showers, and dining areas. It seats up to 50 passengers. A private airport was built by the duo in San Jose for $82 million in 2014.
In addition to 50 people who work for Brin personally, he also uses philanthropic bankers, fitness instructors, chefs, a full-time photographer, and a yacht captain on call at all times.
He is worth $121 billion. His net worth comes from his role as a co-founder of Google. He derives most of his wealth from his 6% ownership in Alphabet, Google’s parent company.
Citation Information :
Article Title: Sergey Brin Net Worth
Author: odishapaper.com Editors
Website Name: odishapaper.com
Access Date: September 26, 2021