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Google founders just made R49 billion each in a single day
Posted by on Jul 22nd, 2015

There’s making money and then there’s making R49 billion in a single day. Google founders Sergey Brin and Larry Page each added $4 billion to their individual fortunes in a day after Google posted a 16% increase in the price of shares on Friday increasing the companies worth by $51 billion in 24 hours…the the biggest ever one-day creation of wealth in U.S. history.

brin and page $8 billion

Swimming. Always amazes me that people who acquire such vast fortune just don’t quit, retire and live on a beach somewhere. They will have enough money to last centuries, but they chose to keep going. I guess i will never understand the thought process behind it until i’m in their shoes.

“Their riches are tied to optimism by investors about the future of Google. Last Friday’s activity added $65 billion to the company’s market capitalization, the largest single-day gain ever. The rally made Google the second biggest company, behind only tech rival Apple, which has a market value of around $746 billion.” [TIME]

Now you know.

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