Google’s parent company Alphabet reported revenue that exceeded expectations on Wednesday, marking the latest milestone in the company’s explosive growth since the beginning of 2023. During this period, the company’s market capitalization has increased by more than $1 trillion, providing investors with about 120% returns. It also made CEO Sundar Pichai a billionaire. According to the Bloomberg Billionaires Index, as Alphabet’s stock price approaches its historical peak, the 53-year-old Pichai’s net worth is now $1.1 billion. This is a rare achievement for a non-founder CEO, especially in the tech industry, where many executives, including Meta Platforms’ Mark Zuckerberg and NVIDIA’s Jen-Hsun Huang, have amassed wealth from their respective companies’ founding stakes. Although Pichai was not at Google when it was founded in 1998, he has become the longest-serving CEO this month, marking his 10th anniversary in office this August.
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Google CEO Sundar Pichai's personal wealth exceeds 1 billion dollars.
Google’s parent company Alphabet reported revenue that exceeded expectations on Wednesday, marking the latest milestone in the company’s explosive growth since the beginning of 2023. During this period, the company’s market capitalization has increased by more than $1 trillion, providing investors with about 120% returns. It also made CEO Sundar Pichai a billionaire. According to the Bloomberg Billionaires Index, as Alphabet’s stock price approaches its historical peak, the 53-year-old Pichai’s net worth is now $1.1 billion. This is a rare achievement for a non-founder CEO, especially in the tech industry, where many executives, including Meta Platforms’ Mark Zuckerberg and NVIDIA’s Jen-Hsun Huang, have amassed wealth from their respective companies’ founding stakes. Although Pichai was not at Google when it was founded in 1998, he has become the longest-serving CEO this month, marking his 10th anniversary in office this August.