Could 25, 2025 03:32 PM IST
Sergey Brin, the eighth richest particular person on the planet and co-founder of Google, has donated $700 million in Alphabet shares.
One of many world’s wealthiest individuals and the co-founder of Google, Sergey Brin, quietly donated Alphabet shares price a staggering $700 million or roughly ₹6,000 crore, a Bloomberg report has claimed.
Google co-founder Sergey Brin has offered over $11 billion shares since Google’s IPO in 2004.(AFP file)
Earlier regulatory filings revealed that Brin had donated 4.1 million Alphabet shares, however the actual recipients of the shares weren’t initially disclosed. Nevertheless, this isn’t the primary time Brin has made a high-profile contribution to causes he believes in.
In 2023, he donated $600 million in the course of the launch of Google’s AI-powered search engine and one other $100 million in 2024. Based on Bloomberg knowledge, Sergey Brin has offered over $11 billion shares since Google’s IPO in 2004.
He has constantly supported Parkinson’s illness analysis. He has backed a spread of daring initiatives, from funding psychedelic analysis to investing in an formidable $155 billion venture aimed toward constructing “energy islands” off the coast of Copenhagen.
Who’s Sergey Brin?
Though Brin left his function as Alphabet president in 2019, he’s a part of the board and holds appreciable energy in Alphabet with voting rights. Born in Russia, Brin immigrated to the US at six years previous to flee anti-Semitic persecution.
In 1998, whereas at Stanford, he co-founded Google with Larry Web page, which catapulted him into the ultra-wealthy ranks and altered how the web was used throughout the globe. His creation, Alphabet, in 2015, oversees every thing from YouTube to self-driving automobiles.
Even after his beneficiant donations and presents, the 51-year-old’s web price is $134 billion or ₹11.52 lakh crore. Based on Forbes, he’s the eighth richest particular person on the planet.
Information / Trending / This Google billionaire quietly gave away $700 million in shares. Here is who benefited and why
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