Google Billionaire Sergey Brin Gifts $600 Million in Surging Shares
Pananalapi Ang Bilyonaryo ng Google na si Sergey Brin ay Nagregalo ng $600 Milyon sa Lumalagong Bahagi 10 minuto ang nakalipas Balita ng Ethereum ng Bitcoin (Bloomberg) — Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million on Thursday during a week that saw his wealth grow by the most in over two years. Karamihan Basahin mula sa Bloomberg The gift, disclosed in a filing Monday, doesnt specify who received the 5.2 million shares, which were evenly split between newly converted Class A stock and Class C stock. They could be directed to charity, or given to other financial vehicles or trusts. Google didnt respond to a request for comment on the filing. Brin and co-founder Larry Page saw their wealth surge by a combined $18 billion last week, their biggest gain since February 2021, after investor frenzy around artificial intelligence boosted Alphabets stock. The day before his share gift, the Mountain View, California-based company announced a more conversational search engine and said it was making its AI-powered chatbot more broadly available. Brin‘s net worth is now $100.7 billion, according to the Bloomberg Billionaires Index. His fortune, the ninth-highest in the world, is largely made up of a combination of Class B and Class C shares