The majority of Page's fortune is held in Google, the publicly traded search engine company he co-founded with Sergey Brin in 1998. Page is the company's CEO, a title he claimed from billionaire Eric Schmidt in 2011. Together, Brin and Page own about 16 percent of the company. Page has sold more than $3.5 billion of Google stock since 2004.
Lenovo Group doesn't need a phone company. It is a phone company. The Chinese consumer-electronics giant is currently the fourth-largest smartphone maker in the world, according to research firm IDC. It's bigger than LG Electronics, HTC, Sony and yes, even Motorola Mobility.
Lenovo Group Ltd. agreed to buy Google Inc.’s Motorola Mobility phone unit for $2.91 billion, as the world’s largest personal-computer maker continues a buying spree of U.S. technology businesses. Lenovo fell 8 percent.