The majority of Brin's fortune is held in Google, the publicly traded search engine company he co-founded with Larry Page in 1998. Brin, who stepped down as president of technology in 2011 to direct the company's special projects, also oversees a large investment portfolio. He has sold more than $3.6 billion worth of Google stock since 2004.
Alibaba Group Holding Ltd. kicked off the process for what may be the biggest U.S. initial public offering in two years after struggling to persuade Hong Kong regulators to approve its proposed governance structure.
Alibaba Group Holding Ltd., poised for the biggest initial public offering since 2012, could take a definitive step toward that goal by filing to go public in the U.S. as soon as next month, according to people with knowledge of the matter.
Sergey Brin, the 38-year-old co- founder of Google Inc., is making strides in his quest to find a cure for Parkinson’s, a progressive disease his DNA and family history suggest may afflict him as early as 10 years from now.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Google Inc., owner of the world’s most popular search engine, will sell eyeglass-embedded computers to consumers by 2014 after incorporating feedback from developers, said Sergey Brin, the company’s co-founder.
Clean-energy investors and environmentalists in California raised $11.9 million in the past two weeks to snuff out a challenge, backed by oil refiners Tesoro Corp. and Valero Energy Corp., to the state’s global- warming laws.