Alphabet, Google’s parent company, launched its next-generation artificial intelligence model Gemini 3 on November 19, triggering strong buying interest in the market. This drove a single-day surge of $7.6 billion in the wealth of Google co-founder Larry Page, reaching approximately $240 billion. Page surpassed Amazon founder Jeff Bezos to become the world’s third-richest person, trailing only Elon Musk and Oracle founder Larry Ellison.

Boosted by AI expectations, Alphabet’s stock price hit an intraday high of $304.25, a record high, marking the largest single-day gain in two months. CEO Sundar Pichai described Gemini 3 as the company’s “most intelligent model to date.”

Sergey Brin, Google’s other co-founder, also benefited significantly. The market value of his 2.9% stake increased by $7 billion the same day, pushing his wealth to $215 billion and ranking him fifth globally. Over the past three months, the combined wealth of the two co-founders has grown by more than $50 billion, second only to Ellison’s wealth increase so far this year.

This round of wealth reshuffling pushed Bezos to fourth place globally with $233.6 billion, while Musk remained firmly atop the list with $466.2 billion. Alphabet has delivered impressive performance recently, recording quarterly revenue exceeding $100 billion for the first time in the third quarter of this year, with double-digit growth across all business segments. Meanwhile, Berkshire Hathaway, led by Warren Buffett, increased its holdings of Alphabet stock by $4.3 billion in the third quarter, making it the group’s tenth-largest holding.

Gemini 3 has received widespread acclaim from analysts for its enhanced reasoning capabilities and new generative interface. Sebastian, an analyst at Baird, stated that the model has garnered overwhelmingly positive reviews, in stark contrast to the mixed market reaction following the launch of OpenAI’s GPT-5 earlier this year.