Google CEO Pichai's personal wealth exceeded $1 billion

Google's parent company, Alphabet, reported better-than-expected revenue on Wednesday, the latest milestone in the company's explosive growth since early 2023. During that time, the company has added more than $1 trillion to its market value, giving investors a return of about 120 percent. It has also made its chief executive, Sundar Pichai, a billionaire. Mr. Pichai, 53, is now worth $1.10 billion as Alphabet's share price nears an all-time high, according to the Bloomberg Billionaires Index. It is a rare achievement for a non-corporate founding CEO, especially in the tech industry, where many executives, including Mr. Zuckerberg of Meta Platforms (META. O) and Jen-Hsun Huang of Nvidia, derive their fortunes from founding stakes in their respective companies. Although Pichai was not present when Google was founded in 1998, he became the longest-serving CEO this month, and August will mark his 10th anniversary.