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. is moving toward an initial public offering in the U.S. after talks for a Hong Kong listing broke down following management’s proposal to keep control in a share sale, according to two people familiar with the matter.
Twitter Inc. co-founder Evan Williams is the company’s biggest shareholder with about 15 percent, said people familiar with the matter, leaving him in position to become a billionaire after the initial share sale.
Edward C. Taylor’s fascination as a Princeton University chemistry professor with butterfly wing pigmentation led him to invent a compound that Eli Lilly & Co. turned into the $2.5 billion-a-year cancer drug Alimta.
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.
Hong Kong has a choice: grant Alibaba Group Holding Ltd. a shareholder structure that mirrors the world’s largest Internet companies, or stick to rules meant to protect ordinary investors and risk losing the largest initial public offering since Facebook Inc.
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.