Larry Edward Page is an American Computer Scientist and internet Entrepreneur. Larry Page and Sergey Brin are the co-founders of Google and Larry was its CEO from 1997 to 2001. Larry Page was born on March 26, 1973 in Lansing, Michigan. His creation of Google allowed him to garner a substantial amount of wealth and as of April 2021, his net worth is approximately 103.7 billion, a statistic which makes him the sixth richest man in the world.
Larry Page’s Early Life and Education
Larry Page has no official Religious affiliation and nether was his upbringing done with any official Religious practice, even though his mother is Jewish and his maternal Grandfather migrated to Israel after his birth. it seems that he followed firmly in his father’s (Carl Victor Page Sr) footsteps because his father also has a degree ( PHD) in Computer Science which he earned at the University of Michigan. A reporter by the name of Will Smale described Carl as a “Pioneer in artificial intelligence and computer science”. Carl (Larry’s father) was a computer science professor at Michigan State University.
His mother (Gloria) was also an instructor in computer programming at Lyman Briggs College which is also apart of the same institution. Page recalled in an interview that when he was younger his childhood home was a mess. He recalled that there were “computers, popular science magazines, science, and tech magazines all over the place”. This was an environment in which he was very immersed. Page loved to read during his youth . Writer Nicholas Carlson said that the combines influences of Larry’s home atmosphere and the attentiveness of his parents “fostered innovation at creativity”. Page also enjoyed studying music compositions and playing music when he was growing up.
Larry page’s parents use to send him to music Summer camp. He could recall that his musical education was the fuel that caused him to become so obsessed and impatient with speed in computing. He said that ” In some sense, I feel like music training lead to the highspeed legacy of Google for me”. Page said that “In music, you’re very cognizant of time. Time is like the primary thing” and that “If you think about it from a music point of view, if you’re a percussionist, you hit something, it’s got to happen in milliseconds, fractions of a second”.
Page’s fascination with computers started at the age of six years old. Larry use to be able to play with the first gen computers that his mother and father would leave lying around. He would become the “first kid in his elementary school to turn in an assignment from a word processor “. His older brother was the one who thought him to take things apart and before long he started to take everything in his household apart in order to see how it worked. Larry also had a desire for inventing things from a very early age and as a result of this he started to become heavily interested in business and technology.
He recalled that ever since he was 12 years old he knew that he would eventually start his own company. Page attended the Okemos Montessori School which is now called Montessori Radmoor, it is located in Okemos, Michigan. He graduated from Okemos in 1979 and matriculated to the East Lansing High School and graduated in 1991.He would attend Summer school at the Interlochen Centre of the Arts where he played the flute but he would mainly play the saxophone, which he would do for two Summers. Larry Page attended the University of Michigan, and obtained his Bachelors of Science in Computer Science with honours. He would later attend Stanford University and earned his Masters of Science in Computer Science there.
During Page’s time at the University of Michigan he constructed a inkjet printer that was literally made of Lego bricks. He thought it would be possible to cheaply print large posters using inkjet cartridges. Larry Page reverse engineered the ink cartridge and built the electronics and mechanics required to make it work. When Page was an undergrad he held a few roles within fraternities and clubs at the University of Michigan.
During Page’s PHD studies at Stanford University he would consider the possibilities of exploring the mathematical properties of The World Wide Web. He had this idea where he would seek to understand its structure as a huge graph, and idea which his supervisor, Terry Winograd, encouraged him to pursue. Page was also open to exploring the idea of self driving cars and research on telepresence. Page and Brin would work on developing a search engine and it would eventually evolve into the Google that we know today.
Mark Malseed wrote this in a 2003 featured story; ” Soliciting funds from faculty members, family and friends, Brin and Page scraped together enough to buy some servers and rent that famous garage in Menlo Park. [soon after], Sun Microsystems co-founder Andy Bechtolsheim wrote a $100,000 cheque to “Google, Inc.” The only problem was, “Google, Inc.” did not yet exist—the company hadn’t yet been incorporated. For two weeks, as they handled the paperwork, the young men had nowhere to deposit the money”.
Google, Inc was incorporated in 1998. It had the initial domain name “Googol”. The name was derived from a number that consists of one followed by one hundred zeros. The name was also a representation of the vast amount of data that the search engine intended to explore. After the inception of the company Page named himself the CEO and Brin was named as Google’s co-founder and president. Their mission was to organise the world’s information and make it easily accessible to the world. By June of 2000 Google had already indexed one billion Internet URLS which made it the most comprehensive search engine on the web at the time. Google would eventually grow into the multi-purposed tech company that it is today.
Page’s involvement with the Xprize foundation
Larry Page was Google’s founding CEO and grew the company to more than 200 employees and profitability before moving into his role as President, Products in April 2001. He continues to share responsibility for Google’s day-to-day operations with Eric Schmidt and Sergey Brin.
The son of Michigan State University computer science professor Dr. Carl Victor Page, Page’s love of computers began at age six. While following in his father’s footsteps in academics, Page became an honors graduate from the University of Michigan, where he earned a bachelor of science degree in engineering, with a concentration on computer engineering. During his time in Ann Arbor, Page served as President of the University’s Eta Kappa Nu Honor Society and built a programmable plotter and inkjet printer out of Legos.
While in the Ph.D. program in computer science at Stanford University, Page met Sergey Brin and together they developed and ran Google, which began operating in 1998. Page went on leave from Stanford after earning his master’s degree. He was granted an honorary MBA by Instituto de Empresa and was the first recipient of the University of Michigan Alumni Society Recent Engineering Graduate Award.
Page has been a speaker at such forums as the Technology, Entertainment and Design Conference, The Wall Street Journal Technology Summit, the World Economic Forum and the Commonwealth Club. He was named a World Economic Forum Global Leader for Tomorrow in 2002 as well as a “Young Innovator Who Will Create the Future” by MIT’s Technology Review magazine. Page is a member of the National Advisory Committee (NAC) for the University of Michigan College of Engineering, has been recognized as Research and Development Magazine’s Innovator of the Year and was elected to the National Academy of Engineering in 2004.
“I think it is often easier to make progress on mega-ambitious dreams. Since no one else is crazy enough to do it, you have little competition. In fact, there are so few people this crazy that I feel like I know them all by first name.” – Larry Page
The timeline of Larry Page meeting with Sergey Brin and cofounding Google
- Lawrence Edward Page, better known as Larry Page, met Sergey Brin while studying at Stanford in 1995
- Page had an idea for a search engine which could determine the credibility of web pages based on the number of times it was being backlinked by other web pages. Brin, too, was intrigued and both of them worked on an idea to invent an algorithm called PageRank
- The algorithm formed the base of a search engine which was initially called BackRub. They used Stanford’s network to take it live in 1996
- Soon, the search engine’s traffic was growing. With Stanford’s network no longer being a viable option to host the site, they raised some money and were contemplating a new name for their product
- After registering the domain name a year before, Google Inc was finally incorporated in 1998 and Page was named CEO
- By 1999, Google was processing around 500,000 queries every day and had become one of the fastest-growing tech companies of the time
- Following some professional altercations, he stepped down as CEO in 2001, and Eric Schmidt was brought in to take his place. Page continued to be involved in Google’s day-to-day operations
- Google went public in August 2004 giving the company a valuation of $27 billion. The IPO earned Page $3.8 billion and perpetual control of the company for both the founders
- He had anticipated the growth of mobile computing long before smartphones had become an everyman’s device. In 2005, he bought Android — then a small start-up led by Andy Rubin — for $50 million
- Overseen by the founders, Google entered the video streaming market with the $1.65 billion acquisition of YouTube in 2006
- He returned as the CEO of the company in 2011 making room for experimental projects
- By 2015, with Page at its helm, Google was involved in all kinds of futuristic technologies including self-driving cars, AI and quantum computing. To ease the complexity caused due to the various sub-divisions created within Google, a holding company called Alphabet Inc was formed the same year
- Now, Page was elevated to the role of CEO at Alphabet and Google was left in charge of its newly-appointed CEO Sundar Pichai
- In December 2019, he relinquished his designation as CEO of Alphabet but continues to serve as a member of its board of directors
- Page has suffered from vocal cord paralysis at different points in his life
- In 2013, Page shared his vision for Google Island — a place which would support innovations without any kind of regulatory hindrance
- He is deeply interested in flying cars and is involved with several start-ups developing aerial eclectic vehicles as an investor and advisor
- Google was almost sold off twice; once to an internet-based firm called Excite for $750,000 in 1999 and then to Yahoo for $3 billion in 2002
Larry Page and Sergey Brin combined net worth
Larry Page and Sergey Brin may have only taken salaries of $1 during their time at Google, but they’re still two of the richest people in the world. Page and Brin are a bit less rich after the search engine’s parent company reported lower than expected fourth-quarter revenue on Monday. Page’s net worth fell $1.9 billion, while Brin’s dropped $1.8 billion, according to Forbes.
Both Page and Brin are among Alphabet’s largest shareholders, valuing their combined fortune at $126.9 billion, according to the Forbes Billionaires List. In December, the billionaire pair announced they were stepping down from their posts atop Alphabet, writing that the company was “well-established” and “no longer need two CEOs and a president.“
We’ve never been ones to hold on to management roles when we think there’s a better way to run the company,” the letter reads. “And Alphabet no longer needs two CEOs and a President.” Google CEO Sundar Pichai will be taking over as the CEO of Alphabet.We’ve never been ones to hold on to management roles when we think there’s a better way to run the company,” the letter reads. “And Alphabet no longer needs two CEOs and a President.” Google CEO Sundar Pichai will be taking over as the CEO of Alphabet.
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