Investing in Index Funds in 2026: A Beginner’s Guide

Introduction

When you think of the wealthiest individuals globally, names like Elon Musk and Jeff Bezos likely come to mind first. However, there’s another tech visionary quietly amassing one of the world’s largest fortunes—Larry Page, the Google co-founder who revolutionized how we search for information online.

In late 2025, Page’s net worth soared, making him the second-richest person in the world, primarily due to advances in artificial intelligence at Alphabet. His narrative is not just about wealth accumulation; it’s centered on innovation, long-term vision, and creating something that fundamentally altered the world. Let’s explore the intriguing journey of this self-made billionaire.

As we look ahead, understanding the role of index funds in 2026 will be crucial for new investors seeking stable growth in their portfolios.

The Importance of Index Funds in 2026

Early Life & Education: The Beginning Larry Page wasn’t born into affluence, yet he was raised in an ideal setting for a future technology mogul. Born on March 26, 1973, in Lansing, Michigan, Page was immersed in computers during his childhood, at a time when many families didn’t have access to one.

His father, Carl Victor Page Sr., was a computer science professor at Michigan State University and a trailblazer in artificial intelligence. His mother, Gloria, taught computer programming at the same university. When Larry was only six years old, his father introduced an Exidy Sorcerer computer into their home, which young Larry quickly learned to operate. His childhood environment was filled with computers, technology magazines, and scientific literature—a true paradise for an inquisitive mind.

Page attended the University of Michigan, where he obtained his bachelor’s degree in computer engineering. But the real excitement unfolded when he moved to Stanford University for his graduate studies in computer science. It was at Stanford that he would encounter the person who would significantly impact his life.

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Founding Google: The Meeting of Two Minds

In 1995, Larry Page met Sergey Brin at Stanford University. Initially, the two graduate students didn’t get along—reportedly disagreeing on nearly everything from the start. However, that tension ignited something extraordinary.

Page was intrigued by the link structure of the World Wide Web and sought to investigate it as a vast graph. He initiated a research project named “BackRub” that examined how web pages related to one another. Brin, who was equally curious, joined the project, and together, they created the PageRank algorithm, named after Larry himself.

The key breakthrough? They discovered that the quantity and quality of links directing to a webpage could signify its significance. This was groundbreaking. While other search engines of the time merely counted keyword occurrences on a page, PageRank recognized the web’s interconnected system.

In September 1998, Google was officially launched. They established their operations in a garage in Menlo Park, California, with a $100,000 investment from Stanford professor Andy Bechtolsheim. That investment would ultimately be valued at over $2.3 billion—a remarkable return.

Growth of Google: From Startup to Global

Google did not transform into a household name instantly, but it occurred more quickly than anyone had anticipated. The search engine was simply superior to any alternatives at the time. It was fast, precise, and incredibly easy to use—just a search bar and two buttons.

By 2004, Google became a publicly traded company through its initial public offering, offering shares at a price of $85 each. The company took an unusual route, even incorporating a “Don’t be evil” motto in its mission statement. What began as a project in a college dorm transformed into a billion-dollar public company.

However, Google didn’t limit itself to search functionality. Guided by Page’s vision, the organization ventured into several areas including email through Gmail, mobile operating systems with Android, video sharing via YouTube, mapping services with Google Maps, and numerous other products. By 2015, Android was driving over 80% of smartphones in the U.S. Google had evolved into more than just a search engine – it became a technology giant.

Alphabet & Leadership Journey: The Growth of a Tech

Larry Page held the position of Google’s CEO from 1998 until 2001, at which point the founders recruited Eric Schmidt to bring in seasoned leadership. Nonetheless, Page was not finished leading the company. He returned as CEO in April 2011, initiating a new phase filled with ambitious projects and acquisitions.

One of Page’s most daring decisions occurred in 2015 when he reorganized Google into Alphabet Inc., a holding entity that would manage Google and other initiatives like self-driving vehicles, life sciences, and internet delivery through balloons. Page took on the role of CEO of Alphabet, allowing Google to concentrate on its primary operations while permitting other “moonshot” projects to explore freely.

In December 2019, Page made another pivotal choice. He resigned as CEO of Alphabet, alongside Brin’s departure as president. Sundar Pichai, who had been at the helm of Google, assumed the role of CEO for both Google and Alphabet. Page and Brin stated that with Alphabet well-established, it was time to streamline the management structure.

Currently, Page is still on Alphabet’s board of directors and maintains a controlling shareholder stake, but he has distanced himself from daily operations. This decision echoes his belief that leaders should relinquish control when a better management method is available.

Larry Page Net Worth 2026

Here’s where things get really interesting. As of December 12, 2025, Larry Page’s net worth was estimated at around $254.2 billion, placing him among the richest people on the planet. Just a few weeks prior in November, his wealth had risen to $252 billion after Alphabet’s stock increased following the debut of the Gemini 3 AI model.

Larry Page’s substantial fortune primarily comes from his ownership in Alphabet. He holds around 6% of the company, distributed among three stock classes: publicly traded Class A shares, Class B super-voting shares that grant him ten votes per share, and Class C shares. Although he possesses roughly 6% of the total equity, Page and Brin collectively hold over 51% of the voting power through their Class B shares, which gives them significant control over corporate decisions.

Since Google went public in 2004, Page has divested around $10 billion in shares; nevertheless, his remaining assets have surged in value. His wealth is not merely sitting idle in bank accounts but is invested in one of the world’s most valuable firms, which reported $350 billion in revenue in 2024.

Notably, Page rates himself an 8 out of 10 in wealth rankings. While he grew up in a relatively affluent academic family, he did not inherit his wealth. Instead, he amassed it through innovation, diligence, and astute business choices.

Several factors have fueled the growth of Page’s wealth in recent years, including Alphabet’s leading position in search and advertising, the rapid expansion of AI technologies, the popularity of products like YouTube and Android, and the company’s advancement into cloud computing and various other services. The AI surge of 2025, particularly with Google’s Gemini models, significantly elevated Alphabet’s stock value and, in turn, Page’s net worth.

During his tenure as CEO, Page famously accepted a symbolic salary of just $1 annually. For someone worth hundreds of billions, a salary takes on more of a symbolic role than a practical necessity.

Personal Life: The Discreet Billionaire

In contrast to many tech billionaires who seem to embrace public attention, Larry Page prefers to remain private. He lives in Palo Alto, California, though reports indicate he spent much of the COVID-19 pandemic on a private island in Fiji, and he may have acquired additional nearby islands.

Page is married to Lucinda Southworth, a research scientist with a Ph.D. from Stanford. They exchanged vows in 2007 on Necker Island, Richard Branson’s private island in the British Virgin Islands. The wedding was graced by many high-profile attendees, including Donald Trump. The couple has one child, but they keep their family life very private.

Since stepping back from Alphabet’s leadership, Page has become increasingly secluded. He hasn’t made a public appearance since his 2014 TED talk and has declined to attend Senate hearings regarding tech companies. In contrast to peers like Mark Zuckerberg, who frequently appear in public and at congressional hearings, Page opts to operate behind the scenes.

His interests go beyond technology. He was an early investor in Tesla Motors and has funded renewable energy initiatives, flying taxi ventures such as Kitty Hawk, and a variety of other forward-thinking projects.

Philanthropy & Impact: Giving Back in His Own Way

Larry Page’s method of philanthropy is as distinctive as his business approach. His main charitable entity is the Carl Victor Page Memorial Foundation, named in honor of his deceased father, which he established in 2006 with his spouse.

The foundation has expanded to manage more than $6.7 billion in assets, positioning it among the largest private foundations in the United States. Nonetheless, Page’s philanthropic style has faced considerable criticism. The foundation allocates the majority of its grants—often between 97-99%—to donor-advised funds, which have limited requirements for transparency. This situation makes it challenging to determine the final destination of the funds.

In 2023, the foundation disclosed several grants aimed at climate initiatives, including $10 million allocated to climate research institutions and additional millions to clean energy organizations. Page has also backed health initiatives, such as the “Shoo the Flu” program providing free flu vaccinations to students in Oakland.

In 2014, Page gained attention by committing $15 million from his foundation to combat the Ebola outbreak in West Africa, while Google concurrently donated another $15 million. These high-profile donations are more the exception than the norm in his subdued philanthropic strategy.

His philanthropy score indicates this mixed performance—substantial financial resources, but a lack of transparency regarding their allocation and the effects they generate.

Lessons from Larry Page: 

Larry Page’s evolution from a young enthusiast in Michigan captivated by computers to one of the wealthiest individuals globally imparts significant insights for entrepreneurs and visionaries:

  • Think Big, Really Big: Page is known for expressing that tackling ambitious endeavors is often simpler due to reduced competition. Most individuals lack the courage to pursue bold ventures, creating opportunities for those willing to take risks. Google wasn’t the inaugural search engine, but it had the courage to attempt to organize all the world’s information.
  • Focus Long-Term Impact: When Google went public, Page and Brin penned a distinctive letter to shareholders, indicating their inclination to make decisions based on long-term value rather than immediate earnings. This forward-thinking approach empowered Google to invest in seemingly outlandish projects at the time—such as self-driving vehicles and internet-accessible balloons—that could transform the future.
  • Surround with Talented People: Page recognized early on that he could not build Google independently. Recruiting Eric Schmidt at a pivotal moment showcased a level of insight beyond his age. Great leaders understand when to yield control and allow others to lead.
  • User Experience: Google thrived because it made searching straightforward and efficient. While rivals inundated their homepages with advertisements and links, Google maintained a minimalist approach—just a search box. This relentless focus on user experience cultivated trust and loyalty.
  • Strategic Risks: From acquiring YouTube for $1.65 billion in 2006 (which seemed costly at the time but appears shrewd in hindsight) to making significant investments in Android, Page was willing to take audacious steps. However, these were not impulsive risks—they were well-considered decisions grounded in a clear vision.
  • Apply the “Toothbrush Test”: Page uses this concept when assessing new products or acquisitions—will users engage with this multiple times daily? Products that meet this criterion, such as Gmail and Google Maps, evolve into essential components of users’ daily routines.
  • Recognize When to Step Back: Perhaps the most admirable aspect is Page’s readiness to retreat from leadership when he believes others may excel more effectively. That requires a level of humility and wisdom that few billionaires possess.
Conclusion

Larry Page’s narrative extends beyond the mere accumulation of wealth—although his net worth, which surpasses $254 billion, is indeed impressive. It is a story that illustrates how curiosity, technological genius, and forward-thinking can genuinely transform the world.

Every day, millions across the globe rely on Google for information searches, video streaming, navigation, email communication, and social connection. This profound influence on knowledge and interaction is what truly defines Page’s legacy. The wealth he amassed is merely a secondary outcome of building something truly valuable that enhances people’s lives.

As we approach 2026, Page continues to be a pivotal figure in technology, despite his inclination for privacy. His evolution from a technology-obsessed youth in Michigan to a self-made centibillionaire demonstrates that in today’s digital landscape, innovative ideas paired with steadfast execution can lead to success beyond imagination.

For aspiring entrepreneurs and learners inspired by Page’s achievements, the takeaway is evident: prioritize resolving genuine issues, adopt a long-term perspective, collaborate with talented individuals, and pursue bold aspirations without hesitation. The world is in need of more individuals willing to confront seemingly insurmountable obstacles.

Larry Page has illustrated that with the right vision, the right team, and the bravery to think outside the box, one individual truly has the power to make a difference in the world—and possibly amass considerable wealth along the way.

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