Larry Page Becomes World’s Third Richest

Google co-founder Larry Page has climbed to third place in the global rich list after a sharp rise in Alphabet’s share price driven by excitement around its latest artificial intelligence model, Gemini 3. The move has pushed Amazon founder Jeff Bezos down to fourth, underlining how quickly AI-fuelled market moves are reshaping billionaire rankings.

Alphabet shares jump on Gemini 3 launch

Alphabet’s stock saw a sharp uptick following the launch of the Gemini 3 AI model. Initial gains were around 6% before settling near 3.3% by the end of trading. This rally added billions of dollars in market value to Google’s parent company in a single session. Investors responded to expectations that Gemini 3 will strengthen Google’s competitive position in AI, cloud and advertising tools, potentially driving future revenue growth.

Larry Page’s net worth crosses $238 billion

Larry Page holds roughly 3.2% of Alphabet’s shares. As the stock rose, his personal wealth increased by about $7.6 billion in one day, taking his estimated net worth to around $238.5 billion. This allowed him to overtake Jeff Bezos, whose fortune is about $230.4 billion. The shift highlights how tech founders with large, concentrated stakes in their companies are highly exposed to market swings, particularly in fast-moving sectors like AI.

Brin, Musk and Ellison: AI reshapes the top tier

Alphabet’s other co-founder, Sergey Brin, also benefited from the Gemini-driven rally, adding about $7 billion to his wealth and moving into fifth place globally with an estimated $221.1 billion. Above Page, Tesla and SpaceX chief Elon Musk remains the world’s richest person, with a fortune exceeding $460 billion, supported by gains in Tesla, a soaring SpaceX valuation and added value from xAI’s integration with X. Oracle chairman Larry Ellison stands second at roughly $261.5 billion, though his wealth has recently been more volatile.

Exam Oriented Facts

• Larry Page is co-founder of Google and holds about 3.2% of Alphabet.
• Page’s wealth rose by nearly $7.6 billion after the Gemini 3-linked share surge.
• Jeff Bezos is now fourth on the Forbes real-time list, behind Page.
• Gemini 3 is Google’s latest flagship AI model and a key driver of Alphabet’s recent stock gains.

AI boom and rising volatility in billionaire rankings

The reshuffling at the top reflects a broader trend: AI optimism is making tech billionaires’ fortunes more volatile. In September, Oracle founder Larry Ellison briefly overtook Musk after a rally driven by expectations of massive AI-related cloud spending, only to see those gains erased as the stock later fell sharply. Similar AI-linked moves now underpin Alphabet’s rise. As markets price in large, long-term AI investments, wealth rankings are increasingly sensitive to product launches, partnership news and investor sentiment around AI demand.