One of the world’s wealthiest people and GOOGLE co-founder, Sergei Brin, quietly donated $ 700 million or almost a shocking alphabet shares 6,000 crores, a report by Bloomberg claimed.
According to Bloomberg News, an important part of the generous gift moved to Catalyst4, a non-profit institution established by Google co-founder to support research in central nervous system diseases and climate change solutions. Another 580,000 alphabet shares were allocated to his family’s foundation, and 282,000 shares were gifted to Michael J. Fox Foundation, focused on Parkinson’s disease research.
Earlier regulatory filing revealed that Brin had donated 4.1 million alphabet shares, but the exact recipients of the shares were not initially disclosed. However, this is not the first time Brin has contributed a high-profile for the reasons he believes.
In 2023, he donated $ 600 million during the launch of Google’s AI-operated search engine and another $ 100 million in 2024. According to Bloomberg data, Sergei Brin has sold more than $ 11 billion shares since Google’s IPO in 2004.
He has consistently supported Parkinson’s disease research. He has supported several bold initiatives to invest in an ambitious $ 155 billion project for the creation of “Energy Islands” from the coast of Copenhagen, from the funding of psychidelic research.
Who is Sergei Brin?
Even though Brin left his role as the alphabet president in 2019, he is part of the board and has great power in the alphabet with voting rights. Born in Russia, Brin arrived in the US at the age of six to avoid anti -semite harassment.
In 1998, while living in Stanford, he co-install Google with Larry Page, which turned them into an ultra-rich rank and changed how the internet was used around the world. In 2015, her composition, alphabet, sees everything from YouTube to self-driving cars.
Even after his generous donations and gifts, the total assets of 51 years are $ 134 billion. 11.52 lakh crores. According to Forbes, he is the 8th richest person in the world.
