ByMartina Castellanos,
Contributor.
Google cofounder Larry Page overtook Amazon’s Jeff Bezos to become the world’s third-wealthiest person Wednesday, as Alphabet’s stock surged by nearly 6% in the wake of strong third quarter earnings and the release of Google’s Gemini 3 AI model.
Shares of Google parent company Alphabet surged 6% in early trading Wednesday following the release of Google’s Gemini 3 AI model before easing to around 3.3% just after 2 p.m. EST.
Page’s net worth jumped by about $7.6 billion thanks to his 3.2% stake in Alphabet, while fellow Google cofounder Sergey Brin, who owns about 2.9%, also gained $7 billion, placing them as the third and fifth wealthiest person in Forbes Real-Time Billionaires List.
