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Sergey Brin
  • Net Worth : $119 Billion
    0.00%
    Real Time Net Worth as of 2024/06/23
  • Wealth Source : Google
  • Industry : Technology
  • Date of Birth : 1973/08/20
  • Age : 50
  • Gender : Male
  • Citizenship : United States

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Sergey Brin
  • Net Worth : $119 Billion
    0.00%
  • Wealth Source : Google
  • Industry : Technology
  • Date of Birth : 1973/08/20
  • Age : 50
  • Gender : Male
  • Citizenship : United States

Sergey Brin Net Worth 2024

Year Net Worth

Sergey Brin, along with Larry Page, is one of Alphabet’s co-founders. The parent firm of Google, Alphabet, is where Sergey Brin makes a significant portion of his money. Sergey Brin founded the biggest search engine in the world.

A large majority of Sergey’s wealth comes from his stake in Alphabet, Google’s parent company.

Sergey Brin holds both Class B and Class C shares in Alphabet, which together make up approximately 6% of the company’s ownership, as per a filing from May 2023.

His Class B shares aren’t publicly traded and are valued based on the current market prices of Alphabet’s Class A shares.

These Class B shares can be converted into publicly traded shares at a one-to-one ratio, as outlined in Google’s proxy. Additionally,

Sergey Brin owns around 367 million Class C shares, which are publicly traded and were reported in the May 2023 filing.

Since Alphabet’s initial public offering in 2004, Larry Page has sold shares worth over $10 billion, according to data compiled by Bloomberg.

The assessment of his net worth takes into account the value of these share sales, market performance, charitable donations, and tax obligations.

 Sergey Brin biography

Serge­y Brin, one of the co-founders of Google­, and his family immigrated from the Soviet Union whe­n he was just six years old. His father worke­d as a mathematics professor.

Brin enrolle­d at the University of Maryland to pursue studie­s in computer technology and mathematics, inspire­d by his father’s career path.

Brin opted for Stanford Unive­rsity to pursue his doctoral studies due to his outstanding acade­mic capabilities. During this period, he met Larry Page, who would later become his collaborative partner in co-founding Google.

They created a search engine in a friend’s garage in 1998, which ultimately evolved into Google.

They went public with their shares in 2004. After a decade as the technology head, Brin transitioned to the role of director of special projects in 2011, overseeing initiatives including a robotics lab.

He is also one of the top members of Alphabet’s executive board, a parent business that houses the biggest (G) Google and others.

Apart from his important accomplishments in the tech world, Brin is a billionaire with interests in Tesla, an electric car-making business, and 23andMe, a genome-mapping firm started by his former wife, Anne Wojcicki.

Sergey Brin milestones of achievement

YearMilestoneAchievement
1973Sergey Brin was born in Moscow
1979At the age of 6, emigrated from Russia with his parents to United StateMoved to the US.
1993Sergey Begins his studies at Stanford UniversityStanford University
1996Sergey Brin Starts a research project on Internet searches with Larry Page.
1998Sergey and Larry incorporated Google after securing $100,000 from an angel investor. Google
2001Sergey Steps down as Google chairman;
2004Google’s initial public offering at $85 a share.
2015Alphabet’s holding company structure is announced.

Sergey Brin’s net worth

The Russian-born American computer scientist, mathematician, and entrepreneur was born in Russia but naturalized in America and became an American citizen.

Currently, Sergey Brin’s net worth is estimated at $111 billion. He gets the majority of his wealth primarily through his role as a co-founder of Google and the parent company, Alphabet Inc.

Sergey Brin founded Google alongside Larry Page, a fellow student, during their time in Stanford University’s computer science graduate program.

Initially, Brin served as Google’s head of technology from 2001 to 2011, after which he took on the title of “director of special projects.”

Both Sergey and Larry collectively hold around 6% of Alphabet’s outstanding equity, granting them a controlling stake in the company through super-voting shares.

sergey brin net worth - comparewise

Early life

Sergey Mikhaylovich Brin was born on August 21, 1973, in Moscow, Russia. At the young age of 6, Sergey and his family emigrated from Russia to escape persecution faced by the Jewish community.

On landing in the US. Sergey and his parents eventually settled in Maryland. Sergey’s father became a math professor at the University of Maryland.

Sergey Brin and Stanford University

Upon completing his undergraduate studies in May 1993, Sergey Brin pursued a computer science graduate program at Stanford University.

During a new student orientation program, he crossed paths with Larry Page, another student who would go on to become his close friend and change the course of the internet.

Initially, their partnership faced challenges, as both were known to be quite opinionated and often engaged in debates.

Search engine innovation

Though Larry Page was the main brain behind the search engine’s groundbreaking idea to assess website quality by analyzing external links known as backlinks,

This concept led Larry to work on a thesis that outlined a novel web crawling approach. Sergey Brin joined forces with Larry, and together they launched the BackRub search engine.

In order to determine a site’s popularity and significance, BackRub became the first search engine to do so.

The article they produced as a result of their joint study is titled “The Anatomy of a Large-Scale Hypertextual Web Search Engine.” One of the most downloaded scientific articles on the internet was this particular one.

The birth of Google

In September 1998, Sergey and Larry incorporated Google Corp. Interestingly, the initial domain name they considered was “Googol,” a mathematical term representing the number 1 followed by one hundred zeros.

Their startup received an initial investment of $100,000 from one of their former Stanford professors, David Cheriton, whose stake in Google grew to be worth over $2.3 billion.

Additionally, co-founder of Sun Microsystems Andy Bechtolsheim gives them a check for $100,000. Google debuted to the general public on August 20, 2004.

In the last 17 years, Google has been a dominant force in the internet and search engine space and has held some form of monopoly on online search and online advertising with Meta or Facebook.

Some of Google’s major products include

  • Google Search
  • Google maps
  • popular video streaming platform (YouTube).
  • and Gmail, which are used by over 1 billion people daily.

As an African parable may have said, “Every success comes with its peculiar downside.”

The giant search engine and the BIG-G have also come under intense criticisms for their monopolistic actions, the repression of competition, and the imposition of arbitrary rules and specifications on websites before hey can rank and applications.

In 2019, several privacy breach investigations were initiated against Alphabet and Google by companies like the

  • FTC
  • DOJ
  • Congressional committees.

Sergey was head of the technology department at Google for over 10 years before he rose to become president of Alphabet, Google’s parent company. At the moment, Sergey is dedicating more efforts to Alphabet’s robotics lab.

Philanthropic efforts

One thing that Sergey Brin is known for is his strong advocacy for alternative energy consumption and his commitment to addressing global energy and climate challenges through Google.org, the company’s philanthropic arm.

Sergey has also invested so much money in his personal liquid assets in venture funds and clean technology projects.

Sergey Brin has also committed to humanity. Due to his mother’s struggle with the ailment, he has often donated sizable gifts to promote research into Parkinson’s disease.

It’s worth noting that both Sergey and Larry receive an annual salary of just $1 from Alphabet.

Net worth details

As of the time of writing this article, Sergey Brin holds approximately 6 to 7 percent of Alphabet’s shares, making him one of the world’s richest people.

Since Alphabet’s initial public offering in 2004, Sergey has sold around $10 billion worth of shares. He holds Alphabet Class B and Class C stock, including 19 million shares of Alphabet Class C stock.

Google, which is owned by Alphabet, performs over 3.5 billion daily searches and earns more than $260 billion in yearly revenue.

Sergey’s net worth increased from $12 billion to $60 billion between 2012 and 2019. He also has stock in Tesla and 23andMe, two electric automobile firms.

Sergey, along with Larry, led a $40 million investment in Tesla in 2006. In fact, Sergey Brin was among the first to own a Tesla Model X crossover SUV.

Sergey Brin’s personal life

Sergey Brin was previously married to fellow internet entrepreneur Anne Wojcicki from 2007 to 2015.

They met through Anne’s sister, Susan, who allowed Sergey and Larry to use her garage for the initial launch of Google in 1998.

Susan later rose to become a high-ranking executive officer at Alphabet. Sergey and Anne have two children, and Anne is the co-founder of the DNA testing website 23andMe.

Sergey started dating businesswoman Nicole Shanahan in 2015 after meeting her at a yoga retreat.

Sergey and Nicole Shanahan married in 2018, and their union resulted in a child. Sergey, on the other hand, filed for divorce in January 2022, claiming their formal separation date was December 15, 2021.

Some reports from trusted sources have suggested that Sergey was the one who initiated the divorce following allegations and rumors making the rounds that Nicole Shanahan is secretly having an affair with Elon Musk, one of Sergey’s longtime friends and business partners.

In her filing, Nicole reportedly sought a settlement payout of at least $1 billion.

Since 2015, after their divorce, Sergey has solely managed the Sergey Brin Family Foundation, which supports various philanthropic initiatives.

Real estate and extravagances

For more than a decade, Sergey Brin has made some heavy real estate investments.
In 2008, he purchased a 3,500-square-foot penthouse in New York City’s West Village for $8.5 million. In addition, Sergey also owns an estate in Los Altos Hills, California.

In June 2022, Sergey acquired a residence in Malibu’s Point Dume neighborhood for $13.5 million. This property was previously owned by the musician Pink.

A few months later, he purchased a second Point Dume home for $35 million, which had previously belonged to Pat Benatar and television producer Bill Lawrence.

Like every other top-rich person, Sergey Brin is also known for his extravagant and luxurious life. He owns a 73-meter yacht called Dragonfly, which he bought for approximately $80 million in 2011.

He and Larry Page possess a modified Boeing 767-200 and a Dornier Alpha Jet.
The Boeing has cabins with attached bathrooms, showers, and eating spaces that can seat up to 50 guests.

Sergey and Larry committed $82 million in 2014 to develop a private airport in San Jose.

Philanthropy and endeavors

Sergey Brin and Larry Page have utilized Google.org as their philanthropic platform within Alphabet. Sergey Brin, on his personal investment spree, has also invested in Space Adventures, a company pioneering space tourism.

Due to their profound influence on the digital landscape, Sergey Brin and Larry Page have both constantly been listed among the most influential persons in the world. In 2009, they both reached the fifth spot on the list of the most powerful people in the world.

When his mother was being treated for Parkinson’s illness at the University of Maryland School of Medicine, Sergey had made some significant gifts to both institutions.

He has also generously contributed to the Michael J. Fox Foundation and donated over $1 million to the Hebrew Immigrant Aid Society.

Final thoughts

Serge­y Brin, a remarkable innovator, has brought forth a phenomenon that has touched the lives of billions across the globe.

As one of the co-founde­rs of Google, alongside Larry Page, he spearheaded the creation of the world’s most widely utilize­d search engine. Their groundbreaking work has unequivocally simplified the lives of billions worldwide.

Google’s extensive database house­s a plethora of information that empowers users to effortlessly discover answers to any inquiries they may possess.

He holds the­ esteeme­d position of being the sixth wealthie­st individual globally, a truly remarkable achieve­ment. His charisma and admired lifestyle have garnered him universal adoration among all who encounter him

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December 30, 2023
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