Top 7 Interesting Facts about Larry Page

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The widely used search engine Google Inc. was co-founded by American businessman and tech tycoon Lawrence Edward Page. He is a visionary, businessman, and a ... read more...

  1. Carl Victor Page and Gloria Page welcomed Larry into the world on March 26, 1973. Carl and Gloria were both computer science and artificial intelligence professors. Gloria worked at the Lyman Briggs College, which is part of Michigan State University, and Carl Victor Page lectured there. First-generation personal computers and scientific periodicals were everywhere in the Page home. Being the son of IT specialists, Larry developed a very early interest in technology and computers and immersed himself in it.


    The abundance of computers and science magazines in his childhood household sparked an early interest in technology. He had a keen interest in entrepreneurship and innovation. He soon came to the conclusion that he ought to launch a business that will alter the globe. After graduating from East Lansing High School in 1991, he attended the University of Michigan to earn a bachelor's degree in computer engineering.

    Source: koniukhchaslau.com
    Source: koniukhchaslau.com
    Source: yourwikis.com
    Source: yourwikis.com

  2. In 1995, Larry Page and Sergey Brin both worked on PhD research projects at Stanford, where they first met. He created a search engine in 1996 and gave it the initial moniker "BackRub." It was also run on Stanford's servers for a while. However, his project was renamed "Google" in September 1998, and he was given ownership of the business. In 2001, Page and Brin were named the company's president of products and technology, respectively, and Eric Schmidt was named the organization's CEO. In addition to launching Google desktop search, Google also launched Orkut, a social networking website, in 2004. In the same year, Google made its Initial Public Offering (IPO) public, making Page and Brin millionaires in the process.


    Google.org, a part of the company, was also established to support and eventually aid society. 2005 turned out to be a highly successful year for Google. In 2005 alone, Google released iGoogle, Google Reader, Google Maps, and Blogger Mobile. The very next year, Google launched a Chat function to Gmail and purchased YouTube. Google began collaborating with China Mobile and Salesforce.com in 2007. A free Google Apps agreement was also reached for thousands of kids from Kenya and Rwanda. Eric Schmidt, the previous CEO of Google, was replaced in 2011 by Larry Page, who was also named executive chairman of the business.

    Source: Pinterest
    Source: Pinterest
    Source: lovemoney.com
    Source: lovemoney.com
  3. When Google was formed, Larry took the helm as its CEO and Sergey as its president. Internal management issues occurred as a result of Google's rapid growth, and the investors recommended Brin and Page to hire an experienced manager. In 2001, they appointed Brin as president of technology and Eric Schmidt as CEO of Google, with Page serving as president of products. Schmidt became executive chairman and Brin became director of special projects when Page became CEO in 2011.


    If you think of all the things that Google works on concurrently — self-driving cars, smart contact lenses, robotics, making phones and computers, curing death, and, ya know, search and advertising, to name a few — it can be a bit overwhelming. Yet, for all the perceived crazy-busyness, Google is actually more focused than it used to be. Before Larry Page resumed control of the company in 2011, Google had sort of fallen into a "left hand didn't know what the right hand was doing" situation, a former Google employee said. People were running around working on whatever projects they wanted. It was a bottom-up approach to figuring out the company's focus.

    Since Page reclaimed the CEO position, however, the questions that are asked and the problems people are working on come from the top down, the former employee told us. Page isn't necessarily prescriptive about what the answers should be, so individual engineers and employees still feel empowered to come up with really interesting solutions, but he's much more deliberate about the problems Google wants to solved. Why? The source hypothesized that Google realized that if it really wants to solve some interesting problems, it needs to decide where to focus its attention. It can't spread itself too thin.

    Source: Connecticut Post
    Source: Connecticut Post
    Source: Business Insider
    Source: Business Insider
  4. In 2010, Larry Page and autonomous vehicle pioneer Sebastian Thrun launched Kitty Hawk to pursue one of their passions: the construction of an electric flying car. Zee.Aero received more than $100 million in funding from Page to support its efforts to create a flying automobile prototype that can take off and land vertically. Elon Musk's pitch of the electric vehicle concept to him and Sergey when Tesla was just getting started sparked his interest in the company as well. Despite the problems in the automobiles, both Brin and Page invested in the business. According to reports, Larry spent $40 million in Tesla in 2006.


    According to reports, he has been investing in the Silicon Valley rival businesses Zee.Aero and Kitty Hawk. Zee.Aero was founded in 2010 and is developing a small, all-electric plane with vertical takeoff and landing capabilities—basically a flying automobile. Its plans for a flying automobile were revealed in a patent from 2011, and according to Bloomberg, the company is now seeking a "simpler, more conventional-looking design." Given that Google's headquarters were right next door, there was a lot of conjecture that the company was connected, although Zee.Aero vehemently disputed the charges.


    However, it has since been revealed that Zee.Aero does not belong to Google or its holding company, Alphabet. Instead, it belongs to Larry Page, Google's co-founder. Mr Page has demanded that his involvement stay hidden from the public, according to 10 people with intimate knowledge of the company. In 2015 a second competing flying-car startup called Kitty Hawk, also began operations in its headquarters close to Google's.

    Source: ca.finance.yahoo.com
    Source: ca.finance.yahoo.com
    Source: volan.ro
    Source: volan.ro
  5. He experienced a cold and scratchy voice right before Larry and Sergey established Google; he didn't think much of it but later stated he never fully recovered. After consulting a doctor, he was identified as having left vocal cord paralysis, a neurological disorder that impairs the vocal cord's ability to move normally. He experienced a similar problem in 2012, but there was no clear cause. This inspired Larry to fund a study of people who have experienced a similar issue in conjunction with the Voice Health Institute.


    Here's Page's short of post: "About 14 years ago, I got a bad cold, and my voice became hoarse. At the time I didn’t think much about it. But my voice never fully recovered. So I went to a doctor and was diagnosed with left vocal cord paralysis. This is a nerve problem that causes your left vocal cord to not move properly. Despite extensive examination, the doctors never identified a cause — though there was speculation of virus-based damage from my cold. It is quite common in cases like these that a definitive cause is not found."

    Source: stemjar.com
    Source: stemjar.com
    Source: CBS News
    Source: CBS News
  6. Over the past few years, Larry Page, the billionaire co-founder of Google and its parent firm Alphabet, has a pretty decent track record for charitable giving at the holidays. Through his foundation, he donated roughly $94 million in 2015, then increased the amount the next year by about $35 million and repeated the process. In 2017, Page's organization gave $180 million in Christmas gifts to several charities. According to Vox, Page has given his Carl Victor Page Memorial Foundation a total of $2 billion, much of it over the holiday season. However, that research claims that very little, if any, of that money is actually going to charity directly, but rather to something known as DAFs, or donor-advised funds, a practice that some say is being used to dodge financial accountability in charitable endeavors.


    Federal law stipulates that when a philanthropist like Page establishes a non-profit foundation, it must donate at least 5% of its assets each year to avoid losing its tax-exempt non-profit status. Donor-advised funds are effectively "charitable checking accounts" that let whoever writes the checks disburse big lump sum payments over time. They permit such philanthropists to count such amounts towards the five percent limit while yet allowing them to "give away" money that they still have some control over.


    Examining the financial contributions made by the Carl Victor Page Memorial Foundation in 2017 can help you understand how this works (the most recent for which tax records are available). The foundation donated less than $1 million in cash to charities in that year, including $800,000 to provide free flu vaccines for Oakland students and gifts of $1,000 to the American Cancer Society and over $100,000 to the New Venture Fund. Not exactly pocket change for most individuals, but a lot less than what a $3 billion foundation would have to distribute in order to maintain its tax exemptions.

    Source: GOBankingRates
    Source: GOBankingRates
    Source: blog.twigtale.com
    Source: blog.twigtale.com
  7. With a net worth of $123.7 billion as of 2022, Larry Page is one of the wealthiest people on the planet. According to a direct assessment from Forbes Real-Time, ranking at number 6. His collection of opulent possessions includes a yacht worth 45 million dollars and multiple electric vehicles. Together with his co-founder Sergey and Google executive Eric Schmidt, he also shares ownership of 8 private jets. As long as he continues to make strides in the automotive and medical industries, Larry Page will forever have the distinction of a technology pioneer.


    Larry Page has a net worth of $120 billion as a result of his roughly 6% ownership stake in Alphabet. Additionally, because to super-voting shares, Larry and Sergey control 51% of the company's voting power. Larry has sold shares of Alphabet and Google worth almost $9 billion since the company's IPO in 2004. Page owns 20 million shares of class C Alphabet stock in addition to Alphabet equity in classes A, B, and C. Over $1 billion in assets that Larry has donated are managed by the Carl Victor Page Memorial Fund, a family charity. Even though he is no longer CEO, his large ownership in the company makes him worth billions. Alphabet owns Google, and he continues to maintain a 6% stake in the corporation. Alphabet made $46 billion in sales in the quarter that concluded on December 31st, up 17% from the previous year. Around $10.7 billion of that was profit, according to the corporation.

    Source: androidcommunity.com
    Source: androidcommunity.com
    Source: TED>Larry Page
    Source: TED>Larry Page




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