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Fortune
Fortune
Emma Burleigh

Google cofounder Larry Page overtakes Jeff Bezos as the third richest person in the world following an Alphabet stock surge

Google cofounder Larry Page (Credit: EMMANUEL DUNAND / Staff / Getty Images)

The world’s richest people are tech founders and CEOs reaping major wealth gains from their businesses—and there’s one billionaire who just overtook Amazon mogul Jeff Bezos on the ultra-rich list, thanks to a new AI breakthrough.

Google cofounder Larry Page enjoyed a net worth surge of $6 billion this Wednesday, sending his fortune to $252 billion, after the debut of his business’ latest AI model: Gemini 3. The innovation—seen as an improvement from Gemini 2.5 released around eight months ago—ignited optimism from investors and analysts, causing Alphabet stock to jump 3%. 

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