Gemini 3 Just Made Larry Page World's Third Richest Man

Summary

Google co-founder Larry Page is now the planet’s third-wealthiest person, vaulting past Amazon’s Jeff Bezos after Alphabet shares jumped 3 % on enthusiasm for the newly released Gemini 3 AI model. The stock move added roughly $6 billion to Page’s stake, pushing his net worth to $252 billion, according to Bloomberg’s daily billionaire index. Fellow Google founder Sergey Brin rose to fifth place with a $5 billion gain, while Bezos slipped to fourth as Amazon shares lagged. Gemini 3, unveiled this week as the successor to last year’s Gemini 2.5, promises more accurate answers to complex queries without the need for lengthy prompts. Investors view the upgrade as evidence that Alphabet can keep pace in the escalating AI race—at least for now. The sector’s boom-and-bust swings have already reshuffled the leaderboard once this year: Oracle chairman Larry Ellison briefly claimed the top spot before shedding $34 billion and falling back to second behind Elon Musk. Analysts warn valuations may be overheated, but say Gemini 3 shows tangible progress rather than hype.