Sergey Brin Net Worth

About Net Worth

Sergey Brin is consistently rated among the world’s wealthiest and most powerful individuals. Sergey Brin owns around 6% of Alphabet, the parent company of Google and other firms, as of this writing. He has sold nearly $9 billion worth of Alphabet and Google shares since the company’s IPO in 2004. Brin owns Alphabet Class B and Class C stock, including 19 million Class C Alphabet shares. Google processes over 3.5 billion daily searches and earns more than $130 billion per year.
Sergey’s net worth increased from $12 billion to $60 billion between 2012 and 2019. He owns shares in both Tesla and 23andMe, an electric car startup. Back in 2006, Larry and Sergey led a $40 million investment round in Tesla. Brin was the fourth Tesla Model X Crossover SUV recipient.

Early Years

Sergey Mikhaylovich Brin was born in Moscow, Russia, on August 21, 1973. Sergey and his family fled Russia when Sergey was just six years old to avoid Jewish persecution. His father was hired as a math professor at the University of Maryland, and they eventually settled in Maryland. Sergey had an exceptional talent for solving arithmetic problems from an early age, which is somewhat unsurprising. His father schooled him at home, where he developed his son’s analytical talents and fostered a passion for computers in him.

Personal Life

Sergey was married to Anne Wojcicki, a fellow internet entrepreneur, from 2007 to 2015. They met through Anne’s sister Susan, who helped Larry and Sergey start Google in her garage in 1998 and later rose through the ranks of Google. Sergey and Anne are the parents of two children. Anne is a co-founder of 23andMe, a DNA testing company.
Sergey has been dating Nicole Shanahan, an entrepreneur, since 2015. They married in 2018 and are the parents of a child.
He has been the director of the Sergey Brin Family Foundation since 2015.

Sergey Brin’s Favorite Quotes

“Any conversation I have about innovation starts with the ultimate goal.” – Sergey Brin

“The only way you are going to have success is to have lots of failures first.” – Sergey Brin

Google’s first launch

Google Corp. was founded by the two in September 1998. The first domain name was “Googol,” which is a number made up of one followed by a hundred zeros. David Cheriton, one of their Stanford graduate teachers, helped them raise $100,000. Cheriton’s $100,000 investment grew to be worth more than $2.3 billion in the end. Andy Bechtolsheim, the co-founder of Sun Microsystems, also contributed $100,000. On August 20, 2004, Google went public.
Google is now the most powerful internet corporation in the world, with a monopoly in online search and a duopoly in online advertising (alongside Facebook). Search, maps, YouTube, and Gmail are just a few of Google’s products that reach over 1 billion people every day. Google has been chastised for its monopolistic tactics, which include suffocating competitors and imposing arbitrary terms and conditions on websites and apps. A number of antitrust probes into Google were launched in 2019from a variety of institutions, including the Federal Trade Commission, the Department of Justice, and a Congressional committee
He was the business’s head of technology for ten years before moving to his current position as President of Google parent company Alphabet. He devotes much of his time to the company’s robotics lab.
Brin is an advocate and supporter of alternate energy use, and through, he is attempting to tackle the world’s energy and climate challenges. His personal liquid assets have gone towards venture capital and clean technology projects.
Sergey has donated tens of millions of dollars to Parkinson’s disease research. Sergey’s mother was afflicted with the disease.
His and Larry’s salaries from Alphabet are also $1 per year.

Toys and Real Estate

Sergey purchased a 3,500 square-foot penthouse in New York City’s West Village for $8.5 million in 2008. He also has a big estate in Los Altos Hills, California, in an undisclosed location. In 2011, he invested $80 million on the Dragonfly, a 73-meter yacht. Along with Larry Page, he owns a customised Boeing 767-200 and a Dornier Alpha Jet. The old passenger layout comprises two staterooms with adjoining toilets, showers, and eating facilities, and can accommodate up to 50 guests. The pair spent $82 million in 2014 to construct a private airport in San Jose.
Brin employs a reputed 50 staff to manage his life, including bankers who handle his humanitarian activities, fitness instructors, caterers, a full-time photographer, and a yacht skipper who is always on call.