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Larry Page

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Larry Page

Larry Page
Larry Page speaking at the European Parliament on June 17, 2009
Born Lawrence Page
(1973-03-26) March 26, 1973
East Lansing, Michigan, U.S.
Residence Palo Alto, California[1]
Nationality American
Alma mater University of Michigan (B.S.)
Stanford University (M.S.)
Occupation Computer scientist, Internet entrepreneur
Known for Co-founder and CEO of Google Inc.
Net worth Increase US$ 30.4 billion (October 2014)[1]
Title CEO of Google
Spouse(s) Lucinda Southworth (m. 2007)
Children 2
Signature Larry Page
Website
.com — Larry PageGoogle

Lawrence "Larry" Page[2] (born March 26, 1973) is an American business magnate and computer scientist who is the co-founder of Google, alongside Sergey Brin. On April 4, 2011, Page succeeded Eric Schmidt as the chief executive officer of Google.[3][4] As of October 2014, Page's personal wealth is estimated to be US$30.4 billion, ranking him number 19 on the Forbes list of billionaires.[1]

Page is the inventor of PageRank, the foundation of Google's search ranking algorithm,[5] and he and Brin each own approximately 16 percent of Google's stock.[6]

Contents

  • Early life and education 1
  • Business 2
  • Other interests 3
  • Awards and recognition 4
  • Personal life 5
  • References 6
  • External links 7

Early life and education

Page was born in East Lansing, Michigan, United States.[7] His father, Carl Vincent Page, Sr., earned a Ph.D. in computer science in 1965—when the field was being established—and is considered a "pioneer in computer science and artificial intelligence". He was a computer science professor at Michigan State University and Page's mother, Gloria was an instructor in Lyman Briggs College at Michigan State University.[8][9] Page's mother is Jewish, and he was raised without religion.[10]

Page attended the Okemos [12] and was a member of the 1993 "Maize & Blue" University of Michigan Solar Car team.[13]

During an interview, Page recalled his childhood, noting that his house "was usually a mess, with computers and Popular Science magazines all over the place". His attraction to computers started when he was six years old when he got to "play with the stuff lying around". He became the "first kid in his elementary school to turn in an assignment from a word processor".[14] His older brother also taught him to take things apart and before long he was taking "everything in his house apart to see how it worked". He said that "from a very early age, I also realized I wanted to invent things. So I became really interested in technology and business. Probably from when I was 12, I knew I was going to start a company eventually."[14]

After enrolling in a computer science Ph.D. program at Stanford University, Page was in search of a dissertation theme and considered exploring the mathematical properties of the World Wide Web, understanding its link structure as a huge graph.[15][16] His supervisor Terry Winograd encouraged him to pursue this idea, which Page later recalled as the best advice he ever got.[17] Page then focused on the problem of finding out which web pages link to a given page, considering the number and nature of such backlinks to be valuable information about that page, with the role of citations in academic publishing in mind.[16] In his research project, nicknamed "BackRub", he was soon joined by Sergey Brin, a fellow Stanford Ph.D. student.[16]

John Battelle, co-founder of Wired magazine, wrote that Page had reasoned that the
entire Web was loosely based on the premise of citation – after all, what is a link but a citation? If he could devise a method to count and qualify each backlink on the Web, as Page puts it "the Web would become a more valuable place".[16]
Battelle further described how Page and Brin began working together on the project:
At the time Page conceived of BackRub, the Web comprised an estimated 10 million documents, with an untold number of links between them. The computing resources required to crawl such a beast were well beyond the usual bounds of a student project. Unaware of exactly what he was getting into, Page began building out his crawler. The idea's complexity and scale lured Brin to the job. A polymath who had jumped from project to project without settling on a thesis topic, he found the premise behind BackRub fascinating. "I talked to lots of research groups" around the school, Brin recalls, "and this was the most exciting project, both because it tackled the Web, which represents human knowledge, and because I liked Larry."[16]

Brin and Page originally met in March 1995 during a spring orientation of new Ph.D. candidates. Brin, who had already been in the program for two years, was assigned to show some students, including Page, around campus, and they later became friends.[18]

To convert the backlink data gathered by BackRub's web crawler into a measure of importance for a given web page, Brin and Page developed the PageRank algorithm, and realized that it could be used to build a search engine far superior to existing ones.[16] It relied on a new kind of technology that analyzed the relevance of the back links that connected one Web page to another.[18] In August 1996, the initial version of Google was made available, still on the Stanford University Web site.[16]

Business

In 1998, Brin and Page founded Google, Inc.[19] Page ran Google as co-president along with Brin until 2001 when they hired Eric Schmidt as Chairman and CEO of Google. In January 2011 Google announced that Page would replace Schmidt as CEO in April the same year.[20] Both Page and Brin earn an annual compensation of one dollar. On April 4, 2011, Page officially became the chief executive of Google, while Schmidt stepped down to become executive chairman of Google. Page also sits on the Board of Directors of Google. [21]

Other interests

At the question-and-answer section of the 2013 Google I/O keynote talk, Larry Page expressed an interest in

Business positions
Preceded by
Company founded
CEO of Google
1998–2001
Succeeded by
Eric Schmidt
Preceded by
Eric Schmidt
CEO of Google
2011–present
Incumbent

External links

  1. ^ a b c d Forbes (2014). "Larry Page".  
  2. ^ Larry Page (1999). "Lawrence or Larry Page's Page". Stanford Web Site. Retrieved May 18, 2010. 
  3. ^ Google, Inc. (January 20, 2011). "Google Announces Fourth Quarter and Fiscal Year 2010 Results and Management Changes". Google Investor Relations. Retrieved May 28, 2011. 
  4. ^ Eric Schmidt (20 January 2011). "An update from the Chairman". Google Official Blog. Google, Inc. Retrieved 15 May 2013. 
  5. ^ "Larry Page and Sergey Brin Biography". Encyclopedia of World Biography. Advameg, Inc. 2013. Retrieved 15 May 2013. 
  6. ^ Liedtke, Michael (May 24, 2004). "Google co-founders each hold nearly 16% stakes". usatoday.com. Retrieved 18 June 2013. 
  7. ^ Sergey Brin; Lawrence Page (1998). "The Anatomy of a Large-Scale Hypertextual Web Search Engine". Stanford University. Stanford University. Retrieved 15 May 2013. 
  8. ^ Will Smale (30 April 2004). "Profile: The Google founders". BBC News. Retrieved 15 May 2013. 
  9. ^ "Alumni newsletter". p. 2. Retrieved 16 May 2014. 
  10. ^ Mark Malseed (February 2007). "The Story of Sergey Brin". Moment. Moment Magazine. Archived from the original on 14 July 2011. Retrieved 15 May 2013. 
  11. ^ Lowe, Janet (2009). Google speaks: secrets of the world's greatest billionaire entrepreneurs, Sergey Brin and Larry Page. Hoboken, New Jersey: John Wiley & Sons.  
  12. ^ "HKN College Chapter Directory".  
  13. ^ "Larry Page". americarichest.com. Retrieved 18 June 2013. 
  14. ^ a b c Scott, Virginia. Google: Corporations That Changed the World, Greenwood Publishing Group, 2008.
  15. ^  
  16. ^ a b c d e f g Battelle, John. "The Birth of Google", Wired Magazine, August 2005.
  17. ^ The best advice I ever got, Fortune, April 2008.
  18. ^ a b Moschovitis Group. The Internet: A Historical Encyclopedia, ABC-CLIO, 2005.
  19. ^ "Larry Page Profile". Google. 
  20. ^ Efrati, Amir (January 21, 2011). "Google's Page to Replace Schmidt as CEO". The Wall Street Journal. 
  21. ^ "Management team – Company – Google". Google.com. Retrieved September 28, 2012. 
  22. ^ Liveblog: Get the Latest Updates From Google I/O 2013 – Wired.com
  23. ^ SiliconBeat: Tesla Motors New Electric Sports Car
  24. ^ Larry Page, Sergey Brin and Vinod Khosla discuss their views on the societal impact of technology (2014-07-03). The audience is composed of the CEOs of the portfolio companies of Khosla Ventures.
  25. ^ FT interview with Google co-founder and CEO Larry Page (2014-10-31), The Financial Times
  26. ^ National Science Foundation, Fellow Profiles.
  27. ^ a b CrunchBase profile
  28. ^ "2002 Young Innovators Under 35: Larry Page, 29".  
  29. ^ Brin and Page Awarded MBAs, Press Release, September 9, 2003
  30. ^ Brin and Page Receive Marconi Foundation's Highest Honor, Press Release, September 23, 2004
  31. ^ Google Corporate Information: Management: Larry Page
  32. ^ Academy Elects 225th Class of Fellows and Foreign Honorary Members
  33. ^ "Larry Page's University of Michigan 2009 Spring Commencement Address=October 06, 2009". 
  34. ^ "Bloomberg Billionares Index". Bloomberg LP. Retrieved December 3, 2012. 
  35. ^ Amanda Beck; Gary Hill (13 November 2007). "Google founder Larry Page to marry". Reuters. Retrieved 15 May 2013. 
  36. ^ Megan McCarthy (7 December 2007). "President Bush, Clintons to meet at Googler wedding?". Gawker. Gawker Media. Retrieved 15 May 2013. 
  37. ^ Ryan Tate (6 November 2009). "Another Google Heir Is Born". Business Insider. Business Insider, Inc. Retrieved 15 May 2013. 
  38. ^ "Larry Page Fast Facts". cnn.com. Retrieved 23 June 2013. 
  39. ^ Dan Frommer (January 20, 2011). "Everything You Need To Know About Larry Page, Google's New CEO — Business Insider". Articles.businessinsider.com. Retrieved September 4, 2012. 
  40. ^ Jon Swartz (18 July 2012). "Yahoo CEO's pregnancy overshadows flat revenue". USA Today. Retrieved 15 May 2013. 
  41. ^ "Marissa Mayer". Forbes (Forbes.com LLC). 2013. Retrieved 15 May 2013. 
  42. ^ Pepitone, Julianne (14 May 2013). "Google CEO Larry Page has vocal cord paralysis". CNN Money. Retrieved 15 May 2013. 
  43. ^ Brad Stone (14 May 2013). "Larry Page Explains What Happened to His Voice". Bloomberg Businessweek. Bloomberg L.P. Retrieved 15 May 2013. 
  44. ^ Shontell, Alyson (October 17, 2013). "Larry Page Tells Wall Street This Could Be His Last Google Earnings Call For A While".  

References

In October 2013, Business Insider reported that Page's paralyzed vocal cords are caused by an autoimmune disease called Hashimoto's thyroiditis and he would not be doing Google quarterly earnings conference calls for a while.[44]

Page announced on his Google+ profile in May 2013 that his right vocal cord is paralyzed from a cold that he contracted the previous summer, while his left cord was paralyzed in 1999.[42] Page explained that he has been suffering from a vocal cord issue for 14 years and, as of his May 2013 post, doctors were still unable to identify the exact cause of the problem. The Google+ post also revealed that Page had donated a considerable sum of money to a vocal cord nerve function research program at the Voice Health Institute in Boston, U.S—an anonymous source has stated that the donation exceeds US$20 million.[43]

In 2007, Page married Lucinda Southworth on Necker Island, the Caribbean island owned by businessman Richard Branson.[35] Southworth is a research scientist, and the sister of actress and model Carrie Southworth.[36] Page and Southworth have two children, born in 2009 and 2011.[37][38] Page formerly dated Google's former head of location products Marissa Mayer, who became Yahoo!'s CEO in July 2012.[39][40][41]

Personal life

As of July 2014, the Bloomberg Billionaires Index lists Page as the 17th richest man in the world with an estimated net worth of US$32.7 billion.[34]

In 2011, he was ranked 24th on the Forbes list of billionaires and as the 11th richest person in the United States.[1]

In 2009, Page received an honorary doctorate from the University of Michigan during graduation commencement ceremonies.[33]

In 2005, Brin and Page were elected Fellows of the American Academy of Arts and Sciences.[32]

In 2004, he was elected to the National Academy of Engineering.[27] Also that year, Page and Brin were named "Persons of the Week" by ABC World News Tonight. In 2004 the X PRIZE chose Page as a trustee for their board.[31]

In 2003, Page, along with Brin, received an honorary MBA from IE Business School "for embodying the entrepreneurial spirit and lending momentum to the creation of new businesses."[29] In 2004, they received the Marconi Foundation Prize and were elected Fellows of the Marconi Foundation at Columbia University. In announcing their selection, John Jay Iselin, the Foundation's president, congratulated the two men for "their invention that has fundamentally changed the way information is retrieved today."[30]

In 2002, Page was named a World Economic Forum Global Leader for Tomorrow[27] and along with Sergey Brin, was named to the MIT Technology Review TR100, as one of the top 100 innovators in the world under the age of 35.[28]

PC Magazine has praised Google as among the Top 100 Web Sites and Search Engines (1998) and awarded Google the Technical Excellence Award for Innovation in Web Application Development in 1999. In 2000, Google earned a Webby Award, a People's Voice Award for technical achievement, and in 2001, was awarded Outstanding Search Service, Best Image Search Engine, Best Design, Most Webmaster Friendly Search Engine, and Best Search Feature at the Search Engine Watch Awards."[26]

Awards and recognition

[25][24].technological unemployment), provide for people's needs, shorten the workweek, and mitigate the potential detrimental effects of Peter Diamandis' book Page is also interested in the socio-economic effects of advanced intelligent systems and how advanced digital technologies can be used to create abundance (as described in [14]

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