Google co-founder Larry Page is now the world’s third richest person, surpassing Jeff Bezos after a massive market surge driven by the Gemini 3 AI launch.
The tech world’s ultimate money scoreboard just had a seismic shift, and the cause wasn’t Amazon or Blue Origin—it was pure Artificial Intelligence. Ski Fm NZ reports that Google co-founder Larry Page has officially surpassed Amazon’s Jeff Bezos, seizing the position of the world’s third-richest person, thanks to the immense market reaction to Google’s newest AI breakthrough, Gemini 3.
This isn’t just routine stock market fluctuation; it’s a massive wealth rewrite triggered by the high-stakes AI arms race. The climb confirms the shift of financial gravity away from pure e-commerce towards generative technology.
The Gemini 3 Catalyst and the Richest Ranks
The change happened practically overnight. According to market analysts, within hours of Google unveiling its next-generation Gemini 3 model, the stock of Alphabet (Google’s parent company) surged by nearly 6% at the market open. This phenomenal rise instantly added a staggering $7.6 billion to Larry Page’s personal fortune, given his significant ownership stake in the company.
This single-day boost was enough to push Page’s net worth past that of Jeff Bezos, confirming his ascent to the third-richest slot and underscoring the explosive power a successful AI model now wields in global finance. It proves that the path to becoming one of the world’s richest individuals is now paved with superior generative AI technology.
The AI Arms Race Redefines Wealth
The market frenzy reflects the staggering capabilities of Gemini 3, which analysts are calling “the first AI to reason at a PhD level.” This achievement immediately put immense competitive pressure on rivals like OpenAI’s GPT-5 and Anthropic’s Claude 4.5.
While Bezos’s fortune is primarily tied to Amazon and his space venture, Blue Origin, Page’s current surge demonstrates that the new frontier of technology wealth is firmly rooted in generative AI. For Page, who co-founded Google with Sergey Brin, the success of Gemini validates a vision that began decades ago—one where AI would become the ultimate search engine and driver of future value, making both co-founders among the richest people on the planet.
A New Hierarchy
While both titans remain in the exclusive “$100 Billion Club,” Page’s ascendancy to the third-richest position confirms a critical trend: the financial market is now heavily valuing AI dominance above almost everything else. The dramatic stock movements show that even the richest people are subject to the volatile nature of technological innovation.
Ski Fm NZ listeners should watch this space closely. In the era of AI, a single technological breakthrough can rewrite the global power list overnight, proving that in Silicon Valley, the only constant is change.
