Billionaires
Larry Page: How he founded one of the most widely used technologies on Earth
Larry Page is one of the world’s wealthiest people, and a co-founder of one of the most widely used technologies on Earth, Google. His net worth is an estimated $66 billion, and he uses his talents to benefit others.
Page studied at Stanford University when he met Sergey Brin, and the two developed a website called PageRank. PageRank gave a rank to websites based on the number of page links they had. Eventually, this would become Google (based on the mathematical number Googol), which would be based on the Stanford website, later spreading from there.
Google was launched in a friend’s garage in 1998, later moving to several buildings in California which they named ‘The Googleplex’.
Within its first 5 years, Google grew very fast, with over 18 million searches a day.
By 2000, Google had become the most popular internet search engine, and following this the company developed advertising, translation, academic searching and email.
By 2005, Android was developed, then 2006 Google purchased YouTube for $1.65 billion.
Google would go on to develop and invest in many more innovative additions, such as the Google Glass.
With each investment and development, Page would look for the long term usability of the product, rather than the profitability.
Page would go on to start ‘Calico’, a Google based company that makes use of biotechnology to improve human health, as well as Google X, which provides free WiFi to Puerto Rico as of 2017.
Larry Page cofounded Google with Sergey Brin, and as a result, became a billionaire at 30 years old. His main priority is to search for and develop useful innovation, rather than those that are only profitable. He was able to take a website project and turn it into Google, one of the most widely used technologies in the world.