Page Lawrence (Larry) (born 3/26/1973, East Lansing, Michigan), developer and co-founder (with S. Brin) of the Google search engine. He was born into a family of teachers. His father is a professor of computer science at the University of Michigan, and his mother is a professor of programming at the same university. P. has a bachelor's degree in computer science from the University of Michigan and a master's degree from Stanford University. During his studies at the University, he created a model of an inkjet printer out of Lego.
Page is the chief executive officer of Alphabet Inc. (Google's parent company). After stepping aside as Google CEO in August 2001, in favor 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. As of December 2018, Page was the 8th-richest person in the world, with a net worth of $51.3 billion. Forbes placed him 10th in the list "Billionaires 2019". Page is the inventor of PageRank, a well-known search ranking algorithm for Google. Page received the Marconi Prize in 2004 with Brin.
Early life and education
Page was born on March 26, 1973, in Lansing, Michigan. His mother is Jewish; his maternal grandfather later immigrated to Israel, though Page's household growing up was secular. His father, Carl Victor Page Sr., earned a PhD in computer science from the University of Michigan. BBC reporter Will Smale described him as a "pioneer in computer science and artificial intelligence". Page's father was a computer science professor at Michigan State University and his mother Gloria was an instructor in computer programming at Lyman Briggs College at the same institution.
After earning a Bachelor of Science degree in engineering from the University of Michigan, Page decided to concentrate on computer engineering for graduate school at Stanford University, where he met Brin.
Creating Google With Sergey Brin
As a research project at Stanford University, Page and Brin created a search engine that listed results according to the popularity of the pages, after concluding that the most popular result would often be the most useful. They called the search engine "Google" after the mathematical term "googol," which refers to the No. 1 followed by 100 zeros, to reflect their mission to organize the immense amount of information available on the web.
After raising $1 million from family, friends and other investors, the pair launched the company in 1998. Google has since become the world's most popular search engine, receiving an average of 5.9 billion searches per day in 2013. Headquartered in the heart of California's Silicon Valley, Google held its initial public offering in August 2004, making Page and Brin billionaires.
Evolving Conglomerate
In 2006, Google purchased the most popular website for user-submitted streaming videos, YouTube, for $1.65 billion in stock.
In September 2013, Page was ranked No. 13 on the Forbes 400 list of the richest people in America. That October, he was ranked No. 17 on Forbes' 2013 "Most Powerful People" list. As Google's CEO, Page shared responsibility for the company's operations with Brin, who served as director of special projects for Google, and Eric Schmidt, the company's executive chairman.
In 2015, Page and Brin announced the creation of a new parent company called Alphabet to oversee Google and other subsidiaries. Page and Brin became Alphabet's CEO and president, respectively, with Sundar Pichai stepping in as Google's top executive.
Diminishing Presence and Company Exit
The restructuring gave Page and Brin the opportunity to step away from day-to-day operations of the company they founded, and the CEO was noticeably absent from Alphabet's meetings and quarterly earnings calls.In 2018, Page declined to appear before the Senate Intelligence Committee as part of hearings into the use of Big Tech to meddle in foreign elections, and he came under scrutiny for giving a $90 million exit package to a former senior executive accused of sexual misconduct.
On December 3, 2019, Page and Brin announced that they were stepping down from their roles as CEO and president of Alphabet, handing the reins to Pichai. However, the duo were expected to retain their influence over the company's direction as Alphabet's largest individual shareholders.
Personal Life
Page has been married to research scientist Lucinda Southworth since 2007. The couple has two children.
Net Worth
As of 2022 Forbes has his net worth at $118.7B
