Ceo sundar pichai: Google’s parent company Alphabet Inc. Has earned bumper in recent years. Since the beginning of 2023, the company has increased more than $ 1 trillion in its market value and has given investors a return of about 120%. This tremendous boom of the company has made CEO Sundar Pichai a billionaire. According to the Bloomberg Billionaires Index, 53-year-old Sundar Pichai’s wealth has now increased to $ 1.1 billion, with alphabet’s shares reaching close to all-time high. This is a unique achievement for a CEO that has not established the company. Let us know that top officials like Mark Zuckerberg (Mata) and Jensen Huang (NVidia) have become a billionaire in their companies due to their equity stake in their companies.
Even though Sundar Pichai was not a part of the company’s establishment in 1998, but this month he has become the longest CEO. In August, he will complete 10 years holding this post. Beautiful Pichai company has 0.02% economic stake, priced at around $ 440 million, while most of their property is in cash. He has sold alphabet shares worth more than $ 650 million in the last decade.
Travel from simple background to summit
Born in a middle class family in Tamil Nadu, Pichai grew up in two-room apartments. His family did not have a car and came to his house for the first time at the age of 12. When Pichai received a graduation scholarship at Stanford University in 1993, his family spent more than his father’s annual salary ($ 1,000) to buy California air tickets.
Long journey in Google and focus on AI
After starting work in Google in 2004, Pichai worked hard for more than a decade. He helped develop Chrome browser and led the Android Division, after which he was made CEO in 2015. The same year Google reorganized herself as a subsidiary of alphabet.
In an interview in October, Pichai told Bloomberg, “One of the work I first did as CEO, focusing the company on AI.” Google made its first major artificial intelligence investment by purchasing London -based startup Deepmind for $ 400 million in 2014. Pichai has steadily increased the capital experience, spent about $ 50 billion on projects related to AI-alone last year.