The World’s Richest CEOs

CNBC
8. Larry Page, 39 Company: Google  Net worth: $18.3 billion  2010 compensation: $1,786   Google co-founder Larry Page was the company’s first CEO, but he stepped aside in 2001 and became President of products. Page returned to the post of Chief Executive last year.   Page, along with classmate Sergey Brin, founded the company in 1998 while pursuing a PhD at Stanford University. Considered a pioneer in the field, Page was born into a family of computer scientists with both parents’ professors at the University of Michigan — where he graduated from with a bachelor’s degree in engineering. The tech mogul has been quoted as saying that he began playing with computers as a six-year-old and knew by age 12 that he was going to start a company.   Page’s wealth skyrocketed in 2004 when Google went public on the Nasdaq Stock Market — raising $1.7 billion, making it the largest IPO by a U.S. Internet firm to date. The estimated value of his shares in Google is $16.4 billion, according to Wealth-X. Page also owns a $45 million 194 foot long yacht named Senses. Other big assets include Page’s Palo Alto, California home, valued at $6 million.   Known for his philanthropy, Page is the trustee of the X-Prize Foundation, which offers cash prices for radical scientific breakthroughs that benefit people.   Since taking back the helm at Google last year, Page has made headlines for pulling the plug on several key projects like plans to make cheap renewable energy to introducing a Wikipedia-like online encyclopedia service known as Knol.  Photo: David Paul Morris | Bloomberg | Getty Images

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