Larry Page, Google’s cofounder and a major shareholder in Alphabet Inc., has officially surpassed Jeff Bezos to become the world’s third-richest individual. The milestone comes after Alphabet’s powerful stock rally, driven by the launch of Google’s advanced Gemini 3 AI model and the company’s record-breaking quarterly earnings.
Alphabet’s shares jumped nearly 6% following the Gemini 3 announcement and later settled at a 3.3% gain — enough to boost Page’s net worth by $7.6 billion, bringing his total wealth to $246.11 billion. His cofounder Sergey Brin also gained $7 billion, reaching a net worth of $228.20 billion. With this climb, Page has overtaken Amazon founder Jeff Bezos, who now stands at $233.6 billion.
Why Alphabet’s Surge Matters
The rise is strongly linked to the debut of Gemini 3, Google’s latest AI model boasting PhD-level reasoning and a 74% performance jump over its predecessor. Integrated deeply across Google Cloud, Gemini 3 enhances enterprise AI adoption and strengthens Google’s competitive position against rivals in the AI race.
The announcement came on the heels of Alphabet’s first-ever $100 billion quarter, fueled by:
- 16% YoY revenue growth
- Google Cloud revenue of $15.2 billion, up 34%
- A rare investment by Berkshire Hathaway: a $4.3 billion stake in Alphabet
These developments have reinforced investor confidence in Alphabet’s long-term AI and cloud strategy.
Top 5 Billionaires (Nov 21, 2025)
- Elon Musk – $466.2B
- Larry Ellison – $276.5B
- Larry Page – $246.1B
- Jeff Bezos – $233.6B
- Sergey Brin – $228.2B
Alphabet’s rapid progress in AI, combined with strong financial performance, is reshaping both the tech landscape and the global billionaire rankings.
