co-founder of google Larry Page He is now the third-richest person on the planet, overtaking Amazon’s Jeff Bezos after Alphabet’s shares surged 3% on enthusiasm for the new release. gemini 3 ai model,
The stock move added nearly $6 billion to Page’s stake, bringing his net worth to $252 billion, according to Bloomberg’s Daily Billionaires Index. fellow google founder sergey brin Reached the fifth position with a gain of $5 billion, while Bezos slipped to the fourth position due to the fall in Amazon’s shares.
Gemini 3, unveiled this week as the successor to last year’s Gemini 2.5, promises to give more accurate answers to complex questions without the need for long signals. Investors see the upgrade as evidence that Alphabet can keep pace in the growing AI race — at least for now.
The sector’s bullish and bearish swings have already shuffled the leaderboard once this year: Oracle Chairman Larry Ellison briefly claimed the top spot before losing $34 billion and falling to second place behind Elon Musk. Analysts warn valuations may be too high, but say Gemini 3 shows solid progress Instead of promotion.