Larry Page Claims Second-Richest Spot As Alphabet Shares Surge Past $300

Marcin Mycielski, European Parliament (Stansfield)/Wikimedia Commons

When you’re watching your net worth jump by nearly nine billion dollars in a single Monday morning, you know something extraordinary is happening. That’s exactly what Larry Page experienced on November 24, 2025, as Alphabet’s stock surged and propelled the Google co-founder past Oracle’s Larry Ellison to claim the title of world’s second-richest person. 

With a fortune now estimated at around $255 billion, Page sits behind only Elon Musk in the global wealth rankings—a stunning climb that seemed almost impossible just five years ago when his net worth stood at a comparatively modest $50.9 billion.

The AI-Powered Rocket Fuel Behind Alphabet’s Surge

Alphabet’s stock didn’t just rise but exploded. Shares jumped 5.8% to approximately $317 on that Monday alone, following an 8.4% rally the previous week that pushed the stock from just over $276 to nearly $300. Since hitting a low of around $187.82 in August, Alphabet has experienced a staggering 67% climb, driven almost entirely by investor excitement over artificial intelligence. The catalyst? The launch of Gemini 3, Alphabet’s latest AI model, triggered immediate investor enthusiasm and added fuel to an already blazing fire.

The numbers tell a compelling story. Alphabet recently reported a 34% boost in cloud revenue and became one of the first companies to surpass $100 billion in quarterly revenue. Warren Buffett’s Berkshire Hathaway quietly built a nearly $5 billion stake in the company, signaling serious confidence from one of the world’s most respected investors. Alphabet’s market capitalization now hovers around $3.8 trillion, inching ever closer to the $4 trillion mark and even surpassing Microsoft’s valuation during this rally.

The Great Billionaire Shuffle And Oracle’s Tumble

While Page’s fortune soared, Larry Ellison experienced the opposite trajectory. Oracle’s shares plummeted 43% from their September peak, erasing a jaw-dropping $130 billion from Ellison’s net worth in just weeks. The stock fell 1.5% to below $196 after a brutal 12% drop over two trading sessions, bringing Ellison’s estimated fortune down to approximately $256.4 billion. Ironically, Ellison had briefly touched $400 billion in September, becoming only the second person ever to reach that milestone, when Oracle surged on AI-related cloud service demand.

The shifting wealth landscape extends beyond just the two Larrys. Sergey Brin, Page’s co-founder at Google, leapfrogged Amazon’s Jeff Bezos to claim the fourth-richest spot globally with an estimated net worth of $243.10 billion. The difference between the two Google founders largely stems from their divergent approaches: while Page has limited his share sales since 2022, Brin has been more active in divesting stock to fund extensive philanthropic work, including major donations to Parkinson’s research totaling hundreds of millions annually.

Page’s meteoric rise reflects a broader trend in tech wealth. In 2025’s AI-driven economy, $200 billion has effectively become the new $100 billion threshold, with multiple tech founders now hovering in that stratosphere. Page’s journey from $144 billion at the start of 2025 to $255 billion by late November represents one of the fastest wealth accumulations in modern history—a proof of AI hype, strategic vision, and impeccable timing.

Written by Lucas M