A big rise in Alphabet’s share price has reshuffled the world’s wealth rankings once again. As the company’s stock kept climbing this week, thanks to the excitement around its newest AI model, one tech cofounder quietly moved past Oracle’s Larry Ellison to become the second-richest person on the planet.
Larry Page, who created Google with Sergey Brin in 1998, saw his net worth surge to $255 billion for the day after gaining $8.7 billion in just one day, according to Forbes.
Larry Page climbs to the no. 2 richest person
Alphabet’s stock opened Monday up 5.8%, reaching around $317. Just last week, the stock had already jumped 8.4%, rising from about $276 to just under $300. Meanwhile, Oracle’s stock has been struggling. On Monday, it fell another 1.5% to below $196, after dropping nearly 12% in the previous two trading days.
Larry Page’s wealth has grown incredibly fast in recent years. In 2020, he was worth about $50.9 billion, and by the start of 2025, he was already past $144 billion. On the other hand, Larry Ellison, who briefly became the second person ever to hit the $400 billion milestone earlier this year, has seen his fortune drop in recent weeks as Oracle shares dropped. His estimated net worth now sits at $248.8 billion.
Sergey Brin has also seen a rise in rankings. He passed Jeff Bezos and is now the fourth-richest, worth about $236.4 billion. Bezos follows with around $235.1 billion.
Last Wednesday, Larry Page saw his net worth increase by $6 billion in a single day after Google released Gemini 3. The stock rose 3%, and this placed him in third place on the Bloomberg Billionaires Index at that time. The launch also boosted Sergey Brin by $5 billion, placing him fifth. Jeff Bezos slipped down the list as Amazon’s stock struggled.
After a few days of settling, their estimated wealth is now:
- Larry Page: $249 billion
- Jeff Bezos: $240 billion
- Sergey Brin: $233 billion
Why Larry Page has more Alphabet stock than Sergey Brin
Page and Brin together own 87.9% of Alphabet’s Class B shares (these have 10 votes each). However, Page still owns more, 389 million shares, compared to Brin’s 362.7 million. The difference comes from Brin selling and donating more of his stock over the years.
Brin has made several large donations of Alphabet and Tesla stock, including, $700 million earlier this year, $615 million and $600 million in 2023 and $450 million in 2021, according to Forbes. On the other hand, Page has barely sold any shares recently. His last sale was in 2022.
Why is Alphabet going up and Oracle down?
According to Forbes, Alphabet’s shares have risen 67% since hitting their lowest point of $187.82 on August 1. Oracle’s stock, on the other hand, has fallen 43% since a huge one-day jump of 36% on September 10.
Alphabet’s stock is rising because of its AI achievements. Earlier this month, Warren Buffett’s Berkshire Hathaway revealed it had bought nearly $5 billion of Alphabet stock. Last week, Alphabet also launched its newest AI model, Gemini 3, leading to another 6% jump in the stock. The company recently reported a 34% rise in cloud revenue, and for the first time ever, it crossed $100 billion in quarterly revenue.
Oracle, however, is struggling along with other large tech companies like Nvidia and Broadcom. Many investors fear that the AI market may be in a bubble.
