{"id":12285,"date":"2026-04-06T08:01:26","date_gmt":"2026-04-06T08:01:26","guid":{"rendered":"https:\/\/www.europesays.com\/people\/12285\/"},"modified":"2026-04-06T08:01:26","modified_gmt":"2026-04-06T08:01:26","slug":"google-cofounder-larry-page-overtakes-jeff-bezos-as-the-third-richest-person-in-the-world-following-an-alphabet-stock-surge","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/12285\/","title":{"rendered":"Google cofounder Larry Page overtakes Jeff Bezos as the third richest person in the world following an Alphabet stock surge"},"content":{"rendered":"

The world\u2019s richest people are tech founders and CEOs reaping major wealth gains from their businesses\u2014and there\u2019s one billionaire who just overtook Amazon<\/a> mogul Jeff Bezos on the ultra-rich list, thanks to a new AI breakthrough.<\/p>\n

Google<\/a> 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\u2019 latest AI model: Gemini 3. The innovation\u2014seen as an improvement from Gemini 2.5 released around eight months ago\u2014ignited optimism from investors and analysts, causing Alphabet stock to jump 3%.\u00a0<\/p>\n

Gemini\u2019s success shot Page, who owns about 6% of Google parent company Alphabet, up the Bloomberg Billionaires Index<\/a> to third place. Meanwhile, Bezos was knocked down to the fourth wealthiest person in the world, thanks to recent Amazon-related plummets in his own wealth and Page\u2019s simultaneous gains. Fellow Google cofounder Sergey Brin, who also owns 6% of Alphabet, ended Wednesday $5 billion richer and in fifth place on the ultra-rich list. In the days following the stock surge, their wealth has settled, with Page boasting $249 billion, Bezos owning $240 billion, and Brin with $233 billion.\u00a0<\/p>\n

Why Gemini 3 is the \u2018favorite\u2019 of analysts<\/p>\n

Billionaires have witnessed their fortunes ascend and stumble in the AI revolution. The industry propelled Oracle<\/a> cofounder Larry Ellison to briefly become the richest person in the world\u2014even toppling<\/a> Tesla<\/a> CEO Elon Musk\u2014before swiftly swiping $34 billion from his<\/a> net worth, sliding him down to number two. Concerns of an AI bubble are growing, but experts argue the new Gemini model is the real deal.\u00a0<\/p>\n

Google explained that Gemini 3 has upped the ante on prompting; the model provides users with better quality answers to complex questions, without the need for thorough prompting to help the AI understand the context and intent behind their inquiries. The new model will also be integrated into Google\u2019s search products, the Gemini app, and enterprise services.<\/p>\n

Analysts at wealth management firm D.A. Davidson called<\/a> Gemini 3 a \u201cgenuinely strong model,\u201d even admitting that it\u2019s their \u201cfavorite model generally available today.\u201d They added the updated model is \u201cthe current state-of-the-art\u201d based on their preliminary trial with the AI and how it scored against the tech\u2019s benchmarks.\u00a0\u00a0<\/p>\n

\u201cWe\u2019d go as far to say that this latest model from [Google DeepMind] meaningfully moves the frontier forward, with capabilities that in certain areas far exceed what we\u2019ve typically come to expect from this generation of frontier models,\u201d the analysts wrote.\u00a0<\/p>\n

Other analysts are chiming in on Gemini 3\u2019s success; Bank of America<\/a> Securities analysts said that the new Google AI is \u201canother positive step\u201d for the business to close in on the \u201cperceived LLM performance gap\u201d against other AI challengers in the ring. This August, OpenAI rolled out its updated model GPT-5, while Anthropic\u2019s Claude chatbot and Sonnet 4.5 have become more popular among users. However, BofA Securities analysts contend Gemini 3 is a worthy competitor.\u00a0<\/p>\n

\u201cHealthy adoption metrics for AI Overviews and Gemini indicate Google is successfully funneling users into its AI surfaces, despite growing competition, and should help ease concerns around potential search disruption,\u201d the analysts said. \u201cWhile still early to assess the full capabilities of the new model, a few early reviews were positive.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The world\u2019s richest people are tech founders and CEOs reaping major wealth gains from their businesses\u2014and there\u2019s one…\n","protected":false},"author":2,"featured_media":12286,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[205,587,765,8892,2684,611,202,2687,5040,812,734,813,816,613,838,5022,1814,614,2468,10615,1340,1815],"class_list":{"0":"post-12285","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-larry-page","8":"tag-amazon","9":"tag-anthropic","10":"tag-billionaires","11":"tag-bloomberg-billionaires-list","12":"tag-chatbots","13":"tag-chatgpt","14":"tag-elon-musk","15":"tag-founders","16":"tag-gemini","17":"tag-google","18":"tag-jeff-bezos","19":"tag-larry-ellison","20":"tag-larry-page","21":"tag-openai","22":"tag-oracle","23":"tag-personal-finance","24":"tag-rich-people","25":"tag-sergey-brin","26":"tag-stock","27":"tag-stock-prices","28":"tag-tesla","29":"tag-wealth"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116356715800201812","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/12285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=12285"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/12285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/12286"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=12285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=12285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=12285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}