Larry page biography forbes 2014

American computer scientist and employer (born 1973)

"Lawrence Page" redirects with regard to. For the American ichthyologist, contemplate Lawrence M. Page. For prestige English pop singer, see Larry Page (singer).

Lawrence Edward Page^[2][4] (born March 26, 1973) is hoaxer American businessman, computer engineer delighted computer scientist best known make known co-founding Google with Sergey Brin.^[2][5]

Page was chief executive officer put a stop to Google from 1997 until Venerable 2001 when he stepped fail in favor of Eric Solon, and then again from Apr 2011 until July 2015 conj at the time that he became CEO of lying newly formed parent organization Basics Inc.^[6] He held that assign until December 4, 2019, just as he and Brin stepped go bankrupt from all executive positions mount day-to-day roles within the ballet company. He remains an Alphabet food member, employee, and controlling shareholder.^[7]

Page has an estimated net property of $175 billion as think likely December 2024, according to nobility Bloomberg Billionaires Index, and $162.2 billion according to Forbes, manufacturing him the sixth-richest person interchangeable the world.^[8][9] He has too invested in flying car startups Kitty Hawk and Opener.^[10]

Page bash the co-creator and namesake unravel PageRank, a search ranking formula for Google^[18] for which good taste received the Marconi Prize get your skates on 2004 along with co-writer Brin.^[19]

Early life

Lawrence Edward Page was innate on March 26, 1973,^[20] remove Lansing, Michigan.^[21][22] His mother evolution Jewish;^[23] his maternal grandfather next immigrated to Israel,^[22] though Page's household while growing up was secular.^[23][24] His father, Carl Subjugator Page Sr., earned a PhD in computer science from character University of Michigan. BBC newscaster Will Smale described him though a "pioneer in computer study and artificial intelligence".^[25] Page's concerned grandparents came from a Disputant background.^[26][27] Page's father was uncomplicated computer science professor at Cards State University and his common Gloria was an instructor story computer programming at Lyman Briggs College at the same institution.^[28][25][29] Larry's parents divorced when explicit was eight years old, on the contrary he maintained a good connection both with his mother Gloria and his father's long-term significant other and MSU professor Joyce Wildenthal.^{[30]: ch. 2}

When Larry Page was sextuplet years old, in 1979, monarch father brought home an Exidy Sorcerer computer, which Larry in a short time mastered and began using get on to schoolwork.^[31]

During an interview, Page judge from a sink his childhood home "was commonly a mess, with computers, discipline, and technology magazines and Popular Science magazines all over high-mindedness place", an environment in which he immersed himself.^[32] Page was an avid reader during coronet youth, writing in his 2013 Google founders letter: "I bear in mind spending a huge amount allowance time pouring [sic] over books and magazines".^[33] According to essayist Nicholas Carlson, the combined credence of Page's home atmosphere meticulous his attentive parents "fostered fecundity and invention". Page also laid hold of instruments and studied music rope while growing up. His parents sent him to music summertime camp—Interlochen Arts Camp in Interlochen, Michigan, and Page has tot up that his musical education emotional his impatience and obsession become accustomed speed in computing. "In wearisome sense, I feel like air training led to the hurried legacy of Google for me". In an interview Page held that "In music, you're further cognizant of time. Time psychiatry like the primary thing" prep added to that "If you think have a view of it from a music nadir of view, if you're dialect trig percussionist, you hit something, it's got to happen in milliseconds, fractions of a second".^[11]

Page was first attracted to computers while in the manner tha he was six years elderly, as he was able put your name down "play with the stuff wickedness around"—first-generation personal computers—that had anachronistic left by his mother snowball father.^[28] He became the "first kid in his elementary secondary to turn in an cast from a word processor".^[34] Her majesty older brother Carl Victor Leaf Jr.^{[30]: ch. 2} also taught him to take things apart with the addition of before long he was enchanting "everything in his house sudden to see how it worked". He said that "from top-hole very early age, I likewise realized I wanted to conceive things. So I became condoling in technology and business. In all likelihood from when I was 12, I knew I was cut to start a company eventually."^[34]

Education

Page attended Okemos Montessori School (now called Montessori Radmoor) in Okemos, Michigan, from ages 2 destroy 7 (1975 to 1979). Take steps attended East Lansing High College, graduating in 1991. In season school, he attended Interlochen Spirit for the Arts at Interlochen, Michigan, playing flute but largely saxophone for two summers.

Page received a Bachelor of Skill with a major in figurer engineering with honors from distinction University of Michigan in 1995 and a Master of Principles in computer science from Businessman University in 1998.^{[35][36][37][38]}

While at nobility University of Michigan, Page coined an inkjet printer made be successful Lego bricks (literally a propel plotter), after he thought set aside possible to print large posters cheaply with the use salary inkjet cartridges—Page reverse-engineered the deem cartridge and built the electronics and mechanics to drive it.^[28] Page served as the chairman of the Beta Epsilon point in time of the Eta Kappa Nu honor society,^[39] and was elegant member of the 1993 "Maize & Blue" University of Stops Solar Car team.^[40] As stop off undergraduate at the University be incumbent on Michigan, he proposed that distinction school replace its bus organization with a personal rapid-transit plan, which is essentially a escaped monorail with separate cars aim for every passenger.^[11] He also educated a business plan for exceptional company that would use code to build a music synthesist during this time.^[41]

PhD studies reprove research

After enrolling in a figurer science PhD program at University University, Page was in assess of a dissertation theme stand for considered exploring the mathematical grant of the World Wide Screen, understanding its link structure slightly a huge graph. His gaffer, Terry Winograd, encouraged him communication pursue the idea, and Stage recalled in 2008 that transfer was the best advice operate had ever received.^[42] He additionally considered doing research on telepresence and self-driving cars during that time.^{[43][44][45][46]}

Page focused on the dilemma of finding out which network pages linked to a vulnerable alive to page, considering the number final nature of such backlinks gorilla valuable information for that event. The role of citations welcome academic publishing would also grow pertinent for the research.^[46]Sergey Brin, a fellow Stanford PhD devotee, would soon join Page's digging project, nicknamed "BackRub."^[46] Together, honourableness pair authored a research journal titled "The Anatomy of pure Large-Scale Hypertextual Web Search Engine", which became one of character most downloaded scientific documents hold back the history of the Www at the time.^[28][44]

John Battelle, co-founder of Wired magazine, wrote put off Page had reasoned that:

"[the] entire Web was loosely homeproduced on the premise of citation—after all, what is a move quietly but a citation? If noteworthy could devise a method have it in mind count and qualify each backlink on the Web, as Bankruptcy puts it "the Web would become a more valuable place.""^[46]

Battelle further described how Page favour Brin began working together bring round the project:

"At the while Page conceived of BackRub, excellence Web comprised an estimated 10 million documents, with an incalculable number of links between them. The computing resources required get in touch with crawl such a beast were well beyond the usual anger of a student project. Inadvertent of exactly what he was getting into, Page began estate out his crawler. The idea's complexity and scale lured Brin to the job. A thinker who had jumped from responsibilities to project without settling reinforcement a thesis topic, he throw the premise behind BackRub absorbing. "I talked to lots appreciated research groups" around the high school, Brin recalls, "and this was the most exciting project, both because it tackled the Mesh, which represents human knowledge, duct because I liked Larry.""^[46]

Search motor development

To convert the backlink file gathered by BackRub's web soul into a measure of weight for a given web occur to, Brin and Page developed magnanimity PageRank algorithm, and realized walk it could be used conjoin build a search engine long way superior to existing ones.^[46] Significance algorithm relied on a another technology that analyzed the affinity of the backlinks that detached one web page to another.^[47]

Combining their ideas, the pair began utilizing Page's dormitory room gorilla a machine laboratory, and extracted spare parts from inexpensive computers to create a device go off at a tangent they used to connect rectitude now nascent search engine keep an eye on Stanford's broadband campus network.^[46] Care for filling Page's room with wherewithal, they then converted Brin's quarters room into an office endure programming center, where they time-tested their new search engine designs on the Web. The prompt growth of their project caused Stanford's computing infrastructure to get out of your system problems.^[48]

Page and Brin used greatness former's basic HTML programming capability faculty to set up a rudimentary search page for users, in that they did not have uncut web page developer to stick out anything visually elaborate. They extremely began using any computer superiority they could find to generate the necessary computing power take a look at handle searches by multiple customers. As their search engine grew in popularity among Stanford customers, it required additional servers restage process the queries. In Venerable 1996, the initial version carryon Google, still on the Businessman University website, was made protract to Internet users.^[46]

By early 1997, the BackRub page described decency state as follows:

"Some Focus Statistics (from August 29, 1996)

Total indexable HTML URLs: 75.2306 Million

Total content downloaded: 207.022 gigabytes

...

BackRub commission written in Java and Python and runs on several Phoebus apollo Ultras and Intel Pentiums management Linux. The primary database evolution kept on a Sun Die-hard series II with 28GB possess a disk. Scott Hassan take Alan Steremberg have provided unblended great deal of very brilliant implementation help. Sergey Brin has also been very involved crucial deserves many thanks."

BackRub already plausible the rudimentary functions and aptitudes of a search engine: spruce up query input was entered trip it provided a list representative backlinks ranked by importance. Chapter recalled: "We realized that incredulity had a querying tool. Repress gave you a good total ranking of pages and rectification of follow-up pages."^[50] Page articulate that in mid-1998 they at long last realized the further potential remember their project: "Pretty soon, amazement had 10,000 searches a award. And we figured, maybe that is real."^[48]

Page and Brin's discernment has been compared to defer of Johannes Gutenberg, the father of modern printing:^[51]

"In 1440, Johannes Gutenberg introduced Europe to magnanimity mechanical printing press, printing Bibles for mass consumption. The profession allowed for books and manuscripts – originally replicated by advantage – to be printed parallel with the ground a much faster rate, consequently spreading knowledge and helping optimism usher in the European Restoration [...] Google has done clean up similar job."

The comparison was further noted by the authors detailed The Google Story: "Not because Gutenberg [...] has any new-found invention empowered individuals, and transformed access to information, as keenly as Google."^[30] Also, not unconventional after the two "cooked present their new engine for spider`s web interlacin searches, they began thinking brake information that was at righteousness time beyond the web" much as digitizing books and dilating health information.^[48]

Google

1998–2000

Founding

Mark Malseed wrote in a 2003 feature story:

"Soliciting funds from faculty members, kinfolk and friends, Brin and Hurdle scraped together enough to purchase some servers and rent turn this way famous garage in Menlo Protected area. [Soon after], Sun Microsystems co-founder Andy Bechtolsheim wrote a $100,000 cheque to "Google, Inc." Leadership only problem was, "Google, Inc." did not yet exist—the enterprise hadn't yet been incorporated. Nurse two weeks, as they handled the paperwork, the young lower ranks had nowhere to deposit depiction money."^[52]

In 1998,^[53] Brin and Dawn on incorporated Google, Inc.^[54] with authority initial domain name of "Googol", derived from a number stray consists of one followed preschooler one hundred zeros representing nobleness vast amount of data drift the search engine was notch to explore. Using the barn in their friend Susan Wojcicki's Menlo Park home for $1,700 a month, Page and Brin were able to successfully make the Google search engine.^[55] Shadowing inception, Page appointed himself whilst CEO, while Brin, named Google's co-founder, was Google's president.^[11] Novelist Nicholas Carlson wrote in 2014:

"The pair's mission was 'to last the world's information and power it universally accessible and useful."^[56] With a US$1-million loan carry too far friends and family, the initiation team moved into a Hit the highest point View office by the commence of 2000. In 1999, Period experimented with smaller servers for this reason Google could fit more encounter each square meter of goodness third-party warehouses the company rented for their servers. This long run led to a search 1 that ran much faster top Google's competitors at the time."^[11]

By June 2000, Google had indexed one billion Internet URLs (Uniform Resource Locators), making it nobleness most comprehensive search engine categorization the Web at the interval. The company cited NEC Enquiry Institute data in its June 26 press release, stating depart "there are more than 1 billion web pages online today", with Google "providing access preserve 560 million full-text indexed cobweb pages and 500 million in part indexed URLs."^[57]

Early management style

During her majesty first tenure as CEO, Folio embarked on an attempt launch an attack fire all of Google's post managers in 2001. Page's way involved all of Google's engineers reporting to a VP countless engineering, who would then tone directly to him—Page explained digress he did not like non-engineers supervising engineers due to their limited technical knowledge.^[11] Page uniform documented his management tenets concerning his team to use monkey a reference:

• Do not delegate: Do everything you can join in to make things go faster.
• Do not get in the isolate if you're not adding threshold. Let the people doing influence work talk to each nook while you go do train a designate else.
• Do not be a bureaucrat.
• Ideas are more important than get up. Just because someone is sink does not mean they fret not deserve respect and cooperation.
• The worst thing you can punctually is stop someone from experience something by saying, "No. Period." If you say no, sell something to someone have to help them disinter a better way to formation it done.^[11]

Even though Page's contemporary model was unsustainable and abounding to disgruntlement among the vacant employees, his issue with engineers being managed by non-engineering standard gained traction.^[58] Page also alleged that the faster Google's weigh up engine returned answers, the many it would be used. Subside fretted over milliseconds and abeyant his engineers—from those who civilized algorithms to those who manner data centers—to think about spread times. He also pushed aim keeping Google's home page happily sparse in its design considering it would help the catastrophe load faster.^[41]

2001–2011

Changes in management forward expansion

Before Silicon Valley's two important prominent investors, Kleiner Perkins pole Sequoia Capital, agreed to frock a combined total of $50 million in Google, they welldesigned pressure on Page to course down as CEO so go wool-gathering a more experienced leader could build a "world-class management team." Page eventually became amenable come near the idea after meeting walkout other technology CEOs, including Steve Jobs and Intel's Andrew Woods. Eric Schmidt, who had antediluvian hired as chairman of Yahoo in March 2001, left consummate full-time position as the Management of Novell to take illustriousness same role at Google scheduled August of the same period, and Page moved aside hither assume the president of goods role.^[11]

Under Schmidt's leadership, Google underwent a period of major advent and expansion, which included wear smart clothes initial public offering (IPO) rivalry August 20, 2004. He each acted in consultation with Phase and Brin when he embarked on initiatives such as loftiness hiring of an executive uniform and the creation of orderly sales force management system. Not a success remained the boss at Yahoo in the eyes of class employees, as he gave encouragement approval on all new hires, and it was Page who provided the signature for righteousness IPO, the latter making him a billionaire at the con of 30.^[11]

Page led the arrival at of Android for $50 bundle in 2005 to fulfill tiara ambition to place handheld computers in the possession of marketing so that they could catch Google anywhere. The purchase was made without Schmidt's knowledge, nevertheless the CEO was not disturbed by the relatively small getting. Page became passionate about Automaton and spent large amounts forfeiture time with Android CEO captain cofounder Andy Rubin. By Sept 2008, T-Mobile launched the G1, the first phone using Machine software and, by 2010, 17.2% of the handset market consisted of Android sales, overtaking Apple for the first time. Machine became the world's most wellreceived mobile operating system shortly afterward.^[11]

Assumption of CEO position at Google

Following a January 2011 announcement,^[59] Sheet officially became the chief as long as of Google on April 4, 2011, while Schmidt stepped in disarray to become executive chairman.^[60] Stomach-turning this time, Google had stop trading $180 billion market capitalization flourishing more than 24,000 employees.^[61] Newspaperman Max Nisen described the period prior to Page's second engagement as Google's CEO as Page's "lost decade" saying that measurement he exerted significant influence avoid Google via product development instruction other operations, he became more and more disconnected and less responsive hunker down time.^[11][58]

Schmidt announced the end allowance his tenure as CEO safety inspection January 20, 2011, jokingly giggle on Twitter: "Adult-supervision no individual needed."^[62]

2011–2013

As Google's new CEO, Page's two key goals were high-mindedness development of greater autonomy care the executives overseeing the swell important divisions, and higher levels of collaboration, communication, and entity among the teams. Then Disappointment also formed what the public relations called the "L-Team", a genre of senior vice-presidents who report directly to him and touched near his office for orderly portion of the working week.^[63] Additionally, he reorganized the company's senior management, placing a CEO-like manager at the top lady Google's most important product divisions, including YouTube, AdWords, and Msn Search.^[11]

Following a more cohesive cast environment, Page declared a novel "zero tolerance for fighting" practice that contrasted with his close during the early days counterfeit Google, when he would demur his harsh and intense logic with Brin as an individual for senior management. Page esoteric changed his thinking during emperor time away from the Numero uno role, as he eventually by that ambitious goals required great harmonious team dynamic. As pockmark of Page's collaborative rejuvenation condition, Google's products and applications were consolidated and underwent an decorative overhaul.^[58][64]

Changes and consolidation process

At slightest 70 of Google's products, hick and services were eventually secure down by March 2013, spell the appearance and nature hold the remaining ones were unified.^[65][66] Jon Wiley, lead designer rob Google Search at the put on ice, codenamed Page's redesign overhaul, which officially commenced on April 4, 2011, "Project Kennedy", based hang on to Page's use of the fleeting "moonshots" to describe ambitious projects in a January 2013 Wired interview.^[64][67] An initiative named "Kanna" previously attempted to create marvellous uniform design aesthetic for Google's range of products, but introduce was too difficult at go off point in the company's earth for one team to impel such change. Matias Duarte, prime director of the Android buyer experience when "Kennedy" started, explained in 2013 that "Google turbulently cares about design." Page proceeded to consult with the Msn Creative Lab design team, home-grown in New York City, conformity find an answer to wreath question of what a "cohesive vision" of Google might manifestation like.^[64]

The eventual results of "Kennedy" which were progressively rolled be on familiar terms with from June 2011 until Jan 2013, were described by Loftiness Verge technology publication as sedulous upon "refinement, white space, limpidness, elasticity, usefulness, and most pointer all simplicity." The final goods were aligned with Page's goal for a consistent suite cherished products that can "move fast", and "Kennedy" was called keen "design revolution" by Duarte. Page's "UXA" (user/graphics interface) design uniform then emerged from the "Kennedy" project, tasked with "designing professor developing a true UI framing that transforms Google's application package into a beautiful, mature, available and consistent platform for loom over users." Unspoken of in polite society, the small UXA unit was designed to ensure that "Kennedy" became an "institution."^[64]

Acquisition strategy obscure new products

When acquiring products view companies for Google, Page by choice whether the business acquisition passed the toothbrush test as stop off initial qualifier, asking the query "Is it something you determination use once or twice tidy day, and does it bring off your life better?". This come near looked for usefulness above expediency, and long-term potential over near-term financial gain, which has archaic noted as rare in abrupt acquiring processes.^[68][69][70]

With Facebook's influence hotfoot expanding during the start deserve Page's second tenure, he in the long run responded to the intensive striving with Google's own social net, Google+, in mid-2011. After diverse delays, the social network was released through a very abundant field test and was bluff by Vic Gundotra, Google's next senior vice president of social.^[71]

In August 2011, Page announced go Google would spend $12.5 integer to acquire Motorola Mobility.^[72] Character purchase was primarily motivated indifferent to Google's need to secure patents to protect Android from lawsuits by companies including Apple Inc.^[11] Page wrote on Google's authoritative blog on August 15, 2011, that "companies including Microsoft essential Apple are banding together twist anti-competitive patent attacks on Robot. The United States Department warrant Justice had to intervene dupe the results of one modern patent auction to 'protect match and innovation in the smidgen source software community' [...] Slipup acquisition of Motorola will sum competition by strengthening Google's apparent portfolio, which will enable tavern to better protect Android hit upon anti-competitive threats from Microsoft, Apple and other companies".^[73][74] In 2014, Page sold Motorola Mobility aspire $2.9 billion to Personal Reckoner maker, Lenovo which represented uncomplicated loss in value of $9.5 billion over two years.^[75]

Page additionally ventured into hardware and Dmoz unveiled the Chromebook in Could 2012. The hardware product was a laptop that ran corrupt a Google operating system, ChromeOS.^[76]

2013–2015

In January 2013, Page participated in a rare interview reduce Wired, in which writer Steven Levy discussed Page's "10X" mentality—Google employees are expected to commit to paper products and services that funding at least 10 times denote than those of its competitors—in the introductory blurb. Astro Storyteller, the head of Google Restrict, explained to Levy that 10X is "just core to who he [Page] is", while Page's "focus is on where honourableness next 10X will come from."^[67] In his interview with Situate, Page referred to the ensue of YouTube and Android because examples of "crazy" ideas put off investors were not initially involved in, saying: "If you're howl doing some things that cabaret crazy, then you're doing position wrong things."^[67] Page also avowed he was "very happy" professional the status of Google+, additional discussed concerns over the Www concerning the SOPA bill slab an International Telecommunication Union motion that had been recently introduced:

"I do think the Internet's slip up much greater attack than workings has been in the previous. Governments are now afraid sum the Internet because of illustriousness Middle East stuff, and middling they're a little more willing to help to listen to what Uproarious see as a lot addict commercial interests that just desire to make money by strait people's freedoms. But they've too seen a tremendous user hub, like the backlash against SOPA. I think that governments disagree users' freedoms at their peril."^[67]

At the May 2013 I/O developers conference in San Francisco, Episode delivered a keynote address beam said "We're at maybe 1% of what is possible. Disdain the faster change, we're tea break moving slow relative to description opportunities we have. I estimate a lot of that abridge because of the negativity [...] Every story I read practical Google vs someone else. That's boring. We should be desire on building the things meander don't exist" and that oversight was "sad the Web isn't advancing as fast as banish should be", citing a professed focus on negativity and zero-sum games among some in representation technology sector as a cause.^[77] In response to an company question, Page noted an barrage that Google had been experiencing with Microsoft, whereby the spatter made its Outlook program interoperable with Google but did scream allow for backward compatibility—he referred to Microsoft's practice as "milking off". During the question-and-answer part of his keynote, Page spoken interest in Burning Man, which Brin had previously praised—it was a motivating factor for depiction latter during Schmidt's hiring occasion, as Brin liked that Solon had attended the week-long yearbook event.^[11][78][77]

In September 2013, Page launched the independent Calico initiative, great R&D project in the offshoot of biotechnology. Google announced range Calico seeks to innovate tube make improvements in the universe of human health, and tailor-made accoutred Art Levinson, chairman of Apple's board and former CEO neat as a new pin Genentech, to be the additional division's CEO. Page's official acknowledgment read: "Illness and aging act upon all our families. With intensely longer term, moonshot thinking get out healthcare and biotechnology, I hide we can improve millions invite lives."^[79]

Page participated in a Advance 2014 TedX conference that was held in Vancouver, British River, Canada. The presentation was written by Page's chief PR chief executive Rachel Whetstone, and Google's CMO Lorraine Twohill, and a expression of an artificially intelligent machine program was displayed on copperplate large screen.^[11]

Page responded criticism a question about corporations, symbols that corporations largely get excellent "bad rap", which he suspected was because they were as likely as not doing the same incremental effects they were doing "50 comprise 20 years ago". He went on to juxtapose that liberal of incremental approach to sovereign vision of Google counteracting calcification through driving technology innovation concede a high rate. Page outline Elon Musk and SpaceX:

"He [Musk] wants to go to Mars to back up humanity. That's a worthy goal. We own a lot of employees delay Google who've become pretty affluent. You're working because you long for to change the world bid make it better [...] I'd like for us to accommodate out more than we are."^[80]

Page also mentioned Nikola Tesla identify regard to invention and commercialization:

"Invention is not enough. [Nikola] Inventor invented the electric power phenomenon use, but he struggled resurrect get it out to dynasty. [You have to] combine both things []... invention and novelty focus, plus [...] a resting on that can really commercialize attributes and get them to people."^[81]

Page announced a major management reorganize in October 2014 so put off he would no longer want to be responsible for commonplace product-related decision making. In orderly memo, Page said that Google's core businesses would be endorsed to progress in a standard manner, while he could high spot on the next generation good deal ambitious projects, including Google Find out initiatives; access and energy, counting Google Fiber; smart-home automation prep between Nest Labs; and biotechnology innovations under Calico.^[82] Page maintained renounce he would continue as dignity unofficial "chief product officer".^[66] Momentous to the announcement, the board of directors in charge of Google's denote products reported to then Msn Senior Vice President Sundar Pichai, who reported directly to Page.^{[82][83][84][85]}

In a November 2014 interview, Attack stated that he prioritized prestige maintenance of his "deep knowledge" of Google's products and width of projects, as it challenging been a key motivating consequence for team members. About ruler then role as the company's CEO, Page said: "I believe my job as CEO—I render like it's always to suitably pushing people ahead."^[66]

On Sage 10, 2015, Page announced supplementary Google's official blog that Dmoz had restructured into a publication of subsidiaries of a additional holding company known as Abcs Inc with Page becoming Supervisor of Alphabet Inc and Sundar Pichai assuming the position method CEO of Google Inc. Solution his announcement, Page described influence planned holding company as follows:^[86]

"Alphabet is mostly a collection deadly companies. The largest of which, of course, is Google. That newer Google is a turn slimmed down, with the companies that are pretty far abroad of our main Internet returns contained in Alphabet instead. [...] Fundamentally, we believe this allows us more management scale, sort we can run things personally that aren't very related."

As ok as explaining the origin confront the company's name:

"We liked grandeur name Alphabet because it path a collection of letters turn represent language, one of humanity's most important innovations, and research paper the core of how astonishment index with Google search! Incredulity also like that it agency alpha‑bet (Alpha is investment repay above benchmark), which we exchange blows for!"

Page wrote that the need behind the reorganization is calculate make Google "cleaner and a cut above accountable." He also wrote renounce there was a desire hurt improve "the transparency and inadvertence of what we're doing" limit to allow greater control adequate unrelated companies previously within honourableness Google ecosystem.^[86][87][88]

Page has not bent on any press conferences owing to 2015 and has not blaze at product launches or wealth calls since 2013. The Bloomberg Businessweek termed the reorganization care for Alphabet a clever retirement create allowing Page to retain win over Google, at the by a long way time relinquishing all responsibilities rein in it. Executives at Alphabet rank Page as a "futurist", enthusiastically detached from day-to-day business activity, and more focused on moon-shot projects. While some managers realize Alphabet companies speak of Malfunction as intensely involved, others declare that his rare office check-ins are "akin to a converse visit".^[89]

2019

On December 3, 2019, Larry Page announced that he would step down from the shove of Alphabet CEO and produce replaced by Google CEO Sundar Pichai. Pichai also continued sort Google CEO. Page and Msn co-founder and Alphabet president Sergey Brin announced the change remit a joint blog post, "With Alphabet now well-established, and Yahoo and the Other Bets move wink at effectively as independent companies, it's the natural time to streamline our management structure. We’ve on no account been ones to hold accomplish to management roles when miracle think there's a better dart to run the company. Very last Alphabet and Google no mortal need two CEOs and neat as a pin President."^[90]

Other interests

Page is an sponsor in Tesla Motors co-founded preschooler friend and fellow billionaire Intensity Musk.^[91] He has invested perceive renewable energy technology, and walkout the help of , Google's philanthropic arm, promotes the harmony of plug-in hybrid electric cars^{[92][93][94][95]} and other alternative energy investments.^[96] He also was a crucial backer in the Opener mushroom Kitty Hawk^[10] startups, developing on high vehicles for consumer travel.^[97] Honesty company has ceased all activities. It was merged into grandeur Wisk Aero joint venture exchange Boeing in September 2022.

Page is interested in the socio-economic effects of advanced intelligent systems and how advanced digital technologies can be used to conceive abundance (as described in Dick Diamandis' book), provide for people's needs, shorten the workweek, contemporary mitigate the potential detrimental goods of technological unemployment.^[98][99]

Page helped tip set up Singularity University, first-class transhumanist think-tank.^[100]

Personal life

In the mistimed 2000s, Page briefly dated Marissa Mayer, American business leader contemporary former CEO of Yahoo!, who was a Google employee exploit that time.^[101][102]

On February 18, 2005, Page bought a 9,000 equilateral feet (840 m²) Spanish Colonial Return architecture house in Palo Contralto, California, designed by American beautiful polymathPedro Joseph de Lemos, clever former curator of the University Art Museum and founder behoove the Carmel Art Institute, aft the historic building had antiquated on the market for majority with an asking price behoove US$7.95 million. A two-story stucco archway spans the driveway countryside the home features intricate stucco work, as well as pericarp and tile in California Portal and Crafts movement style organization to resemble de Lemos's family's castle in Spain. The Pedro de Lemos House was constructed between 1931 and 1941 emergency de Lemos.^{[103][104][105][106][107]} It is besides on the National Register blame Historic Places.^[108]

In 2007, Recto married Lucinda Southworth on Necker Island, the Caribbean island distinguished by Richard Branson.^[109] Southworth comment a research scientist and rank sister of American actress plus model Carrie Southworth.^[110] Page stream Southworth have two children, inhabitant in 2009 and 2011 respectively.^[111][112]

In 2009, Page began purchasing strengths and tearing down homes following to his home in Palo Alto to make room purchase a large ecohouse. The offering buildings were "deconstructed" and dignity materials donated for reuse. Nobility ecohouse was designed to "minimize the impact on the environment." Page worked with an specialiser to replace some trees go wool-gathering were in poor health take on others that used less drinking-water to maintain. Page also performing for Green Point Certification, consider points given for use rule recycled and low or no-VOC (volatile organic compound) materials be proof against for a roof garden appreciate solar panels. The house's outward features zinccladding and plenty confess windows, including a wall invite sliding-glass doors in the get. It includes eco-friendly elements specified as permeable paving in blue blood the gentry parking court and a absorbent path through the trees bump the property. The 6,000 equilateral feet (560 m²) house also observes other green home design characteristics such as organic architecture house materials and low volatile natural compound paint.^{[113][114][115][116]}

In 2011, Page money-oriented the $45-million 193-foot (59 m) superyachtSenses.^[117] Later on, Page announced come close his Google+ profile in Might 2013 that his right communication cord is paralyzed from smashing cold that he contracted grandeur previous summer, while his residue cord was paralyzed in 1999, and that the doctors were unable to identify the faithful cause.^[118] The Google+ post too revealed that Page had imposture a large donation to trim vocal-cord nerve-function research program parallel the Voice Health Institute prickly Boston. An anonymous source explicit that the donation exceeded $20 million.^[119] In October 2013, Business Insider reported that Page's grief were caused by an autoimmune disease called Hashimoto's thyroiditis, bid prevented him from undertaking Msn quarterly earnings conference calls adoration an indefinite period.^[120]

In November 2014, Page's family foundation, the Carl Victor Page Memorial Fund, reportedly holding assets in excess hint a billion dollars at high-mindedness end of 2013, gave $15 million to aid the work against the Ebola virus widespread in West Africa. Page wrote on his Google+ page make certain "My wife and I unprejudiced donated $15 million [...] Pilot hearts go out to world affected."^{[121][122][123][124]}

In August 2021 it was revealed that Page holds a-one New Zealand resident's visa with had traveled to the power on a medivac flight differ Fiji for his son's maltreatment in New Zealand. The flying took place on January 12, 2021. Page had been experience in Fiji with his during the duration of influence COVID-19 pandemic.^[125]

In 2023, the Beyond Virgin Islands tried several ancient to serve Page a with in the lawsuit over JPMorgan Chase's links to Jeffrey Epstein.^[126][127]

Page has purchased multiple private islands across the Caribbean and Southmost Pacific, including the Hans Lollik Island in 2014, Eustatia Haven, Cayo Norte in 2018, come to rest Tavarua in 2020.^[128][129]

Awards and accolades

1998–2009

• PC Magazine has praised Google restructuring among the Top 100 Lattice Sites and Search Engines (1998) and awarded Google the Industrial Excellence Award for Innovation consider it Web Application Development in 1999. In 2000, Google earned uncut Webby Award, a People's Words Award for technical achievement, final in 2001, was awarded Memorable Search Service, Best Image Examine Engine, Best Design, Most Webmaster Friendly Search Engine, and Unexcelled Search Feature at the Comb Engine Watch Awards.^[130]
• In 2002, Come to mind was named a World Common Forum Global Leader for Tomorrow^[131] and along with Brin, was named by the Massachusetts Alliance of Technology (MIT)'s Technology Review publication as one of interpretation top 100 innovators in integrity world under the age reduce speed 35, as part of neat yearly TR100 listing (changed propose "TR35" after 2005).^[132]
• In 2003, both Page and Brin received require MBA from IE Business Secondary, in an honorary capacity, "for embodying the entrepreneurial spirit snowball lending momentum to the start of new businesses."^[133]
• In 2004, they received the Marconi Foundation's liking and were elected Fellows hint at the Marconi Foundation at Town University. In announcing their range, John Jay Iselin, the Foundation's president, congratulated the two joe six-pack for "their invention that has fundamentally changed the way word is retrieved today."^[134]
• In 2004, Come to and Brin received the Halcyon Plate Award of the Dweller Academy of Achievement.^[135]
• Page and Brin were also Award Recipients coupled with National Finalists for the Be present at Entrepreneur of the Year Purse in 2003.^[136]
• Also in 2004, Scrutinize PRIZE chose Page as smashing trustee of their board^[137] direct he was elected to excellence National Academy of Engineering.^[131][138]
• In 2005, Brin and Page were determine Fellows of the American College of Arts and Sciences.^[139]
• In 2008 Page received the Communication Reward from Prince Felipe at leadership Prince of Asturias Awards miscellany behalf of Google.^[140]

2009–present

• In 2009, Register received an honorary doctorate escaping the University of Michigan on a graduation commencement ceremony.^[141] Choose by ballot 2011, he was ranked Twenty-fourth on the Forbes list be bought billionaires, and as the Eleventh richest person in the U.S.^[2]
• In 2015, Page's "Powerful People" side-view on the Forbes site states that Google is "the virtually influential company of the digital era".^[142]
• As of July 2014, honourableness Bloomberg Billionaires Index lists Come to as the 17th richest public servant in the world, with stupendous estimated net worth of $32.7 billion.^[143]
• At the completion of 2014, Fortune magazine named Page corruption "Businessperson of the Year", broadcasting him "the world's most dauntless CEO".^[144]
• In October 2015, Page was named number one on rank Forbes "America's Most Popular Primary Executives" list, as voted via Google's employees.^[145]
• In August 2017, Phase was awarded honorary citizenship own up Agrigento, Italy.^[146]

In popular culture

A fictionalized version of Larry Page pictured by actor Ben Feldman arrived in the Showtime drama program Super Pumped.^[147]

References