15 Fun Facts You Should Know About Larry Page
Google is the most popular and widely used search engine.
However, Google founder and CEO Larry Page is hardly ever in the limelight, opting to keep his life as private as possible.
Here are some facts about this very successful computer scientist and internet entrepreneur:
1. The idea for a search engine came to Page in a dream, literally.
When giving a commencement speech at the University of Michigan in 2009, Page explained how an idea to create a search engine came to him in the middle of the night.
He jumped out of bed and began writing down his ideas.
2. Page was only 23 years when he started the Google project as part of his Ph.D. requirements in 1996.
The basic search engine that Page and co-founder Sergey Brin began in 1996 developed into Google in 1998.
3. The Ph.D. project that Page was working on was initially known as ‘BackRub,’ a nickname Page chose to describe the search engine’s ability to track the backlinks that were directed to a specific web page.
4. Page proposed that they sell Google for $1 million soon as he and Brin had established a functional search engine.
Fortunately, all the companies they approached including Alta Vista, Excite, and Yahoo! refused the offer.
Who knows what would have happened if Page pushed through with this idea.
5. “Google” as a company name was in fact accidental.
Page, Brin and a third party who was helping with the project misspelled “googol,” a mathematical terms for 1 followed by 100 zeros.
6. When Google, the search engine was launched in 1998, Page had to keep a $100,000 check in his drawer for up to 2 weeks because Google Inc was not yet a registered company.
The check came from Andy Bechtolsheim who cofounded Microsystems and who was the first investor in Google.
7. Both Page’s parents were computer geeks.
This, certainly, is where he got his enthusiasm for computers and internet technology.
Page started to play with computers and examining them since he was six years.
8. Page was so adept at computers, that he was the first elementary child in his school to write his assignment using a word processor.
Page says that by age 12 he knew he wanted to start a technology-based company.
9. Although dating within the technology circles in Silicon Valley is almost an unspoken taboo, Larry Page dated Marissa Mayer (current CEO at Yahoo!) who was then a product manager at Google.
10. By now, you might have come across the term ‘PageRank’, the search algorithm for Google.
The name borrows from Larry’s surname “Page.”
Sergey and Page came up with the algorithm and of course the name, while they were still at Stanford University.
11. Forbes ranked Page as the 24th richest person globally in 2010.
Then this 35 year old is worth about $17.5 billion.
The most dominant manifestation of his wealth is his conspicuous yacht.
12. According to a 2012 survey done by Bloomberg Billionaires Index, Page is the 7th richest person in the world with around $60 billion in net worth.
13. Few CEOs earn a dollar a year as compensation.
Page is one of the few CEOs and internet entrepreneurs who do are compensated $1 each year.
14. Page is a great supporter of alternative energy.
He bought his first two seater electronic car from Tesla Motors.
Through the corporate social responsibility branch at Google Inc.,
Page advocates for the manufacture and distribution of hybrid cars.
15. Even though Page looks like a pretty confident entrepreneur, he is always worried about Google’s competitors.
According to him, the greatest threat Google faces is Google itself.
His leadership style is very product based, in terms of producing products that are more functional than the competitors’ are.