Larry Page Surpasses Jeff Bezos as World’s Third Richest List

Larry Page, the cofounder of Google and a key shareholder in Alphabet Inc., has officially overtaken Jeff Bezos to become the third-richest person in the world. This significant wealth jump came on the heels of the announcement of Google’s Gemini 3 AI model and a stellar quarterly performance by Alphabet.

What Drove Larry Page’s Rise in Net Worth?

Following Alphabet’s strong third-quarter earnings and the release of the Gemini 3 AI model, the company’s shares surged by nearly 6% in early trading. Though the gain later stabilized to 3.3%, it resulted in a $7.6 billion boost in Larry Page’s net worth.

  • Page holds a 3.2% stake in Alphabet
  • His real-time net worth as of November 21, 2025: $246.11 billion
  • Sergey Brin, cofounder of Google and holder of a 2.9% stake, also gained $7 billion, reaching a net worth of $228.20 billion

With this leap, Page moved ahead of Amazon founder Jeff Bezos, whose wealth stands at $233.6 billion, securing the #3 spot on the Forbes Real-Time Billionaires List.

What Is Gemini 3 and Why It Matters

Gemini 3, the latest artificial intelligence model by Google, is being hailed as a breakthrough in advanced AI reasoning. According to Alphabet, it is the first AI system to achieve PhD-level academic reasoning, marking a 74% improvement over its predecessor.

Key features include,

  • Integration across Google Cloud services
  • Enhanced performance in enterprise-level AI deployment
  • Aiding Google’s growing dominance in AI and cloud computing sectors
  • The model’s announcement helped bolster investor confidence, contributing significantly to Alphabet’s stock rally.

Alphabet’s Financial Performance: Fueling Investor Confidence

The Gemini 3 launch came just after Alphabet reported its first-ever $100 billion quarter, beating Wall Street estimates and achieving,

  • 16% year-on-year revenue growth
  • Google Cloud revenue hitting $15.2 billion, up 34% year-on-year
  • A major vote of confidence from Berkshire Hathaway, which disclosed a $4.3 billion stake in Alphabet — a rare move by Warren Buffett into high-growth tech
  • These developments signal growing trust in Alphabet’s long-term AI and cloud strategy, directly influencing shareholder value and executive wealth.

Billionaire Rankings as of November 21, 2025

Here are the current top five billionaires globally,

  1. Elon Musk – $466.2 billion
  2. Larry Ellison – $276.5 billion
  3. Larry Page – $246.1 billion
  4. Jeff Bezos – $233.6 billion
  5. Sergey Brin – $228.2 billion

Relevant Static Facts

These facts are essential for competitive exam preparation,

  • Gemini 3 AI model: Released November 2025
  • Alphabet’s stake held by Larry Page: 3.2%
  • Alphabet Q3 2025 Revenue: Over $100 billion
  • Google Cloud Q3 Revenue: $15.2 billion (↑ 34% YoY)
  • Gemini 3 Capabilities: PhD-level academic reasoning, 74% improvement over previous version
  • Alphabet Stock Surge: 6% intraday post-announcement
Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

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