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.
More than 330 million new shares of Google Inc. landed in the U.S. equity market today, completing a two-year process through which Sergey Brin and Larry Page are cementing control of the world’s third-biggest company.
U.S. stocks fell, after benchmark indexes climbed to records, while Treasuries rose before the government releases its monthly jobs report. The euro weakened as the region’s central bank said it’s prepared to take action to head off deflation.