millbank Posted October 24, 2004 Share Posted October 24, 2004 The Google boys were rich. Now it's getting obscene. Google co-founders Sergey Brin and Larry Page each saw his net worth jump $875 million yesterday — to a whopping $6.5 billion apiece — after Google, the most popular online search engine, reported blowout results. Google's already skyrocketing share price surged another 15 percent yesterday to close at $172.43 in Nasdaq trading. Earlier in the day, the stock jumped as much as 21 percent. The stock has more than doubled since August, when the company first sold shares at $85 through an unusual auction-style IPO. In just three short months, Page and Brin, who each own about 38 million shares, have seen the value of their individual stakes rise by about $3 billion, to more than $6.5 billion. Google Link to comment Share on other sites More sharing options...
gmac17 Posted October 24, 2004 Share Posted October 24, 2004 once again, I miss out. I love google. I know the search industry very well. Google sends me checks every month. Did I buy when I had the chance? of course not.... Link to comment Share on other sites More sharing options...
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