Sergey Brin’s Net Worth 2022, Biography | Salary and more
What is Sergey Brin’s Net Worth 2022?
Sergey Brin is a Russian-born American computer scientist and internet entrepreneur with a $112 BILLION net worth. Sergey earned his fortune as a co-founder of Google, which is now known as Alphabet. He co-founded the company with Larry Page, a fellow graduate student in computer science at Stanford.
Infancy
Sergey was born in Moscow, Russia on August 21, 1973, to Jewish parents. Michael Brin, his father, was a math professor, and Eugenia Brin, his mother, was a NASA Goddard Space Flight Center researcher. His family moved to America when he was six years old in search of a better future for themselves. In Maryland, Sergey attended Paint Branch Montessori School.
He attended the University of Maryland after graduating from Eleanor Roosevelt High School and majored in computer science and mathematics. In 1993, he earned a bachelor’s degree in science. After that, he attended Stanford University on a National Science Foundation graduate fellowship. He is also on leave from his university studies as of 2008.
Career
Sergey met Larry Page, a researcher working on a project at Stanford, in 1995. By 1996, Larry and Sergey had built their first search engine, dubbed ‘BackRub,’ which ran exclusively on Stanford servers for several months.
Andy Bechtolsheim, the co-founder of Sun Microsystems, played a significant role in this process by writing them a check for $100,000. The company became a reality in 1998, and its name was changed to the now-iconic Google.
Eric Schmidt became CEO in 2001, and the others rose through the ranks to become presidents of technology and products. The website launched Orkut, a social networking site, and Google Desktop Search in 2004. Later that year, they held an Initial Public Offering (IPO), which instantly made them millionaires.
Google Maps, Google Reader, Blogger Mobile, and the acquisition of YouTube were all introduced in 2005. Google collaborated with China Mobile and Salesforce.com in 2007, and they also signed an agreement to make Google’s educational apps available to students in Kenya and Rwanda.
Google Sites, the most recent version of Google Earth, was released in 2008, and the following year, Google Latitude, another version of Google Earth, and Google Ventures were released.
In 2010, they launched the Google Apps Marketplace, and in 2011, Larry Page was named CEO, with Eric Schmidt serving as executive chairman. Google has continued to release countless newer and better services that are used in classrooms, offices, and homes every day since its inception.
Sergey Brin’s Net Worth 2022 is expected to be $122 billion.
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Highlights
Here are a few of Sergey Brin’s career highlights:
- MIT Technology Review 2002, TR100 (top innovators list)
- Marconi Foundation 2004, Highest Award in Engineering
- Forbes 2009, Larry Page & Sergey Brin were 5th most powerful people in the world
Stanford
Sergey Brin attended Stanford University’s computer science graduate program after graduating from college in May 1993. He met fellow student Larry Page during a new student orientation program. This friendship would later prove to be one that would forever change the face of the World Wide Web. The partners had a difficult time gelling at first. Brin claims that “we both (are) obnoxious,” constantly arguing with each other.
Search Engine Development
Page came up with the concept of examining a website’s external links to determine its quality. Larry began working on a paper to describe a new method of web crawling as part of his PhD thesis. Sergey eventually began working on the thesis with him. They quickly launched BackRub, the first search engine to use backlinks to estimate a site’s popularity and importance. They collaborated on “The Anatomy of a Large-Scale Hypertextual Web Search Engine.” At the time, their paper was the most downloaded scientific document in the history of the internet.
Google’s Public Launch
The duo established Google Corp. in September 1998. The original domain name was “Googol,” which is a number made up of one followed by a hundred zeros. David Cheriton, one of their Stanford graduate professors, contributed $100,000. Cheriton’s $100,000 investment would be worth more than $2.3 billion in the long run. Andy Bechtolsheim, co-founder of Sun Microsystems, also contributed $100,000. Google went public on the 20th of August, 2004.
Today, Google is the most powerful internet company in the world, with a monopoly in online search and a duopoly in online advertising (with Facebook). Google’s products, such as search, maps, YouTube, and Gmail, reach over one billion people each day. Google has been chastised for its monopolistic practices, including the suppression of competitors and the imposition of arbitrary rules and requirements on websites and apps. Several anti-trust investigations were launched against Google in 2019 by various organizations, including the FTC, the DOJ, and a Congressional committee.
He was the company’s head of technology for ten years before becoming President of Alphabet, Google’s parent company. He devotes the majority of his time and effort to the company’s robotics lab.
Brin is an advocate and supporter of alternative energy consumption, and through Google.org, he is attempting to solve the world’s energy and climate problems. His personal liquid assets have been invested in venture funds and clean technology investments.
Sergey has donated millions of dollars to Parkinson’s disease research. Sergey’s mother was afflicted with the disease.
Information on Net Worth
Sergey Brin is consistently ranked as one of the world’s wealthiest and most powerful individuals. As of this writing, Sergey Brin owns approximately 6% of Alphabet, the parent company of Google and other companies. Since the company’s IPO in 2004, he has sold approximately $9 billion in Alphabet and Google shares. Brin owns Alphabet Class B and Class C stock, including 19 million shares of Alphabet Class C stock. Google processes over 3.5 billion daily searches and earns more than $130 billion in revenue per year.
Sergey’s net worth increased from $12 billion to $60 billion between 2012 and 2019. He owns stock in the electric car company Tesla as well as 23andMe. In 2006, Larry and Sergey led a $40 million investment round in Tesla. Brin was the fourth recipient of a Tesla Model X Crossover SUV.
Personal Existence
Sergey was married to Anne Wojcicki, another internet entrepreneur, from 2007 to 2015. They met through Anne’s sister Susan, who, in 1998, allowed Larry and Sergey to launch Google from her garage and went on to become a high-ranking Google executive. Sergey and Anne are parents to two children. Anne is a co-founder of the DNA testing service 23andMe. Since 2015, Sergey has been dating entrepreneur Nicole Shanahan. They got married in 2018 and have a child. He has led the Sergey Brin Family Foundation since 2015.
Property and Toys
Sergey paid $8.5 million for a 3,500-square-foot penthouse in New York City’s West Village in 2008. He also owns a large estate in Los Altos Hills, California, in an undisclosed location. He spent $80 million on a 73-meter yacht called Dragonfly in 2011. Along with Larry Page, he co-owns a customized Boeing 767-200 and a Dornier Alpha Jet. The former passenger plan has two staterooms with connecting bathrooms, showers, and dining areas that can seat 50 passengers. The pair spent $82 million in 2014 to construct a private airport in San Jose.
Brin reportedly employs 50 people to manage his life, including bankers who handle his philanthropic efforts, fitness instructors, chefs, a full-time photographer, and a yacht captain who is always on call.
Summary
Sergey Brin is the co-founder of Google, one of the world’s most well-known and widely used search engines. His company’s services are used by over one billion people, and as the company expands, its products become more prevalent in our daily lives.
Sergey Brin’s Net Worth 2022 is $112 billion. He amassed his fortune as a Google co-founder. The vast majority of his fortune is due to his 6% stake in Google’s parent company Alphabet.