By Emma Burleigh
Publication Date: 2025-11-21 16:42:00
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%.
Gemini’s success shot Page, who owns about 6% of Google parent company Alphabet, up the Bloomberg Billionaires Index 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’s simultaneous gains. Fellow Google cofounder Sergey Brin, who also owns 6% of Alphabet, ended Wednesday $5 billion…
