Google’s Larry Page Becomes Second-Richest Person In World After Elon Musk: His Net Worth Is…

Google co-founder Larry Page. (File Photo)

Amid surging stock prices on an AI-driven rally, Google co-founder Larry Page has overtaken Oracle co-founder Larry Ellison as the second-richest person in the world. With a net worth of $255 billion, Page is now only second to Elon Musk, who has a wealth of $475.5 billion, according to Forbes‘ Real Time Billionaires List.

Ellison, with $250.7 billion in wealth, is now the third richest person in the world.

Larry Page’s net worth had stood at $114 billion in 2024, which increased to $144 billion this year and to $255 billion now. His wealth jumped by nearly 6% in a day on Monday.

The surge in Page’s wealth comes even as shares of Alphabet have surged over 83% in the past six months to $318.5 apiece, amid strong earnings and the release of Google’s Gemini 3 AI model. The stock price has jumped nearly 88% in the past one year, and about 67% in 2025 so far. In the past one week, the share price has surged more than 10%.

Larry Ellison, who earlier this year briefly became only the second person ever to surpass $400 billion in wealth, has seen his net worth fall to $248.8 billion after Oracle’s stock tumbled 43 per cent from its September highs. The sharp decline stands in stark contrast to Alphabet’s continued rally, highlighting how AI-driven optimism is reshaping fortunes across the tech world.

Alphabet, the parent company of Google, is closing in on a $4 trillion valuation, marking a major milestone for the tech giant. As per Reuters, Alphabet’s market value touched approximately $3.82 trillion this week, placing it within striking distance of becoming one of the few companies in the world to reach the $4 trillion threshold.

How Has Google’s Valuation Surged So Much?

The latest surge has been fuelled by strong investor confidence and renewed belief in Google’s leadership within the rapidly expanding artificial intelligence (AI) sector.

Following the launch of ChatGPT in 2022, some investors felt Google was lagging behind rivals in the AI race, with others appearing to commercialise AI tools more aggressively. However, the company has made a powerful comeback, thanks largely to the launch of its Gemini 3 model, which has received positive reviews and restored confidence in Google’s long-term AI strategy.

Earlier this year, Google’s Gemini ‘Nano Banana’ model went viral, leading to a massive surge in reach and user adoption. Google reported that more than 10 million users joined the Gemini app shortly after the Nano Banana editor was introduced, and over 200 million images have already been created or edited using the tool.

Alphabet is also seeing strong momentum in its cloud business. After years of trailing larger competitors, Google Cloud has emerged as one of Alphabet’s fastest-growing segments. Reuters noted that the division has shown strong performance and even attracted major investors, including Berkshire Hathaway.