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Grizzly Bulls’ Billionaires Index

⬅ # 5 Larry Ellison|# 7 Warren Buffett ➡

# 6 Larry Page 

$147B

Real Time Net Worth
as of 5/13/2024
$449.0M (0.31%)

# 6 Larry Page 

$147B

Real Time Net Worth
as of 5/13/2024
$449.0M (0.31%)
OccupationCofounder, Alphabet
Source of WealthGoogle
Age51
ResidencePalo Alto, California
Marital StatusMarried
Children1
EducationMS, Stanford University; BS, University of Michigan
Age-Adjusted Net Worth$270B
Larry Page
Larry Page
United States
Net worth: $147B

Self-Made Score 

Wealth History

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Biography

Lawrence Edward Page, commonly known as Larry Page, was born on March 26, 1973, in East Lansing, Michigan.
In 1996, Page and Sergey Brin co-founded Google while pursuing their Ph.D. studies at Stanford University, revolutionizing internet search with their innovative PageRank algorithm.
Google was officially incorporated in 1998, with Page serving as the CEO until 2001 and again from 2011 to 2015.
Under Page's leadership, Google expanded its services beyond search, introducing products like Gmail, Google Maps, and Android, establishing the company as a global technology powerhouse.
In 2004, Google went public with a unique Dutch auction process, and Page became one of the youngest billionaires in the tech industry.
Page played a pivotal role in the acquisition of Android Inc. in 2005, a decision that later propelled Google to dominance in the mobile operating system market.
In 2015, Google underwent a corporate restructuring, creating Alphabet Inc. as the parent company, with Page as the CEO of Alphabet and Sundar Pichai taking over as Google's CEO.
Page is known for his passion for futuristic technologies and ambitious projects, including Google X, the research and development lab responsible for initiatives like self-driving cars and Google Glass.
Despite his low public profile, Page's influence in the tech world is significant, and he remains actively involved in shaping Alphabet's long-term vision.

How long would it take you to become as rich as Larry Page?

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Larry Page's net worth of $147B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 40.45% compared to 10.08% for the S&P 500 benchmark.

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Larry Page is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Larry Page, Google is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey