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Google founder Larry Page’s net worth crossed $300 billion as Warren Buffet admits mistake of not doing ...

Times of India Published Jul 16, 2026 Reviewed Jul 16, 2026 ✓ Reviewed by citations.press editors
Larry Page's net worth reached $301.7 billion on July 15 after Alphabet shares rose 3.9% and added about $8 billion to his wealth, according to Forbes.
301700000000 USD · Larry Pageabout 8000000000 USD · Larry Page
Warren Buffett, in a CNBC interview, said he 'made a mistake' by not investing in Alphabet earlier and personally initiated Berkshire Hathaway's first investment in Alphabet last year.
at least 90 % · Wall Street companiesat least 95 % · Wall Street companies
Berkshire Hathaway purchased more than 17.8 million Alphabet shares worth about $4.3 billion in November of the prior year, according to the article.
more than 17800000 shares · Berkshire Hathawayabout 4300000000 USD · Berkshire Hathaway
Berkshire Hathaway increased its Alphabet stake by buying an additional 40 million shares, bringing its total ownership to around 58 million shares, according to the article.
40000000 shares · Berkshire Hathawayabout 58000000 shares · Berkshire Hathaway
Berkshire Hathaway's Alphabet investment is now worth about $21 billion, according to the article.
about 21000000000 USD · Berkshire Hathaway

Larry Page net worth crossed $300 billion after shares of Alphabet climbed on July 15, adding billions to the fortunes of the company's co-founder. Alphabet shares rose 3.9% on Wednesday after gaining nearly 2% a day earlier. According to Forbes, the rise in Alphabet's stock added about $8 billion to Page's wealth, taking his net worth to $301.7 billion.

The rally came a day after billionaire investor Warren Buffett said he "made a mistake" by not investing in Google's parent company Alphabet earlier. In a CNBC interview, Warren Buffett also revealed that he personally initiated Berkshire Hathaway's first investment in Alphabet last year.Warren Buffett says he should have invested in Alphabet soonerAs mentioned above, the gain in Larry Page’s wealth followed Warren Buffett's comments during a CNBC interview, where he said he personally initiated Berkshire Hathaway's first investment in Alphabet.

"I made a mistake" by not investing in the company earlier, Buffett said. When asked “Why do you like Alphabet above all others? And what made you initiate this position? What was the eureka moment?,” Buffet replied saying: “ I would say that I don’t like it as well as at least four or five other businesses that we own” before adding “I think they’re more likely to be a winner based on the record than probably 90 percent or 95 percent of what gets merchandised through Wall Street, because Wall Street, it’s just whether they can sell something”.

Despite praising Alphabet, Buffett said Apple remains one of Berkshire Hathaway's favourite investments and that its "future is as bright as the past."Berkshire Hathaway expands Alphabet investmentBerkshire Hathaway first disclosed its investment in Alphabet in November last year, when it purchased more than 17.8 million shares worth about $4.3 billion.

The investment firm later increased its holding by buying an additional 40 million shares, taking its total ownership to around 58 million shares. That investment is now worth about $21 billion.Get the latest technology news and updates. Download the TOI App.

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