In a significant shift in global wealth rankings, Google co-founder Larry Page has claimed the position of the world's second-richest person, surpassing Oracle's Larry Ellison thanks to an extraordinary rally in Alphabet stocks.
The Wealth Milestone Achievement
According to the Forbes Real Time Billionaires List, Larry Page's net worth reached an astonishing $267.5 billion on Tuesday, pushing him ahead of Larry Ellison who now sits at third position with $250.5 billion. The dramatic wealth increase came after Alphabet shares surged 6.31% on Monday following reports of potential AI chip collaborations with Meta Platforms.
The momentum continued into Tuesday with Alphabet stocks climbing another 3% during premarket trading, touching an all-time high. This remarkable performance added $8.7 billion to Page's fortune in just one day, according to Forbes calculations.
What's Driving The Alphabet Stock Surge?
The catalyst behind this wealth explosion appears to be the reported discussions between Meta Platforms and Google regarding artificial intelligence chip partnerships. According to industry reports, Meta is considering using Google's AI chips, known as tensor processing units (TPUs), in its data centers starting from 2027.
Additionally, Meta may begin renting chips from Google Cloud as early as next year, representing a multi-billion dollar opportunity for Alphabet. This potential partnership highlights the growing importance of AI infrastructure and the competitive landscape in the technology sector.
Larry Page's Impressive Wealth Journey
The transformation in Larry Page's financial standing over recent years has been nothing short of spectacular. His net worth has experienced a meteoric rise from $50.9 billion in 2020 to $144 billion at the beginning of 2025, eventually crossing the quarter-trillion dollar mark by year's end.
Despite stepping down as CEO of Alphabet in 2019, Page continues to hold significant stakes in the company he co-founded with Sergey Brin in 1998. His decision to remain as a major stakeholder has proven exceptionally lucrative as Alphabet's market performance continues to break records.
Elon Musk maintains his position as the world's wealthiest individual with a massive net worth of $473.2 billion, while Alphabet's overall market performance has been stellar this year, with shares rallying almost 70% and bringing the company closer to the coveted $4 trillion market capitalization milestone.
