Google founders Sergey Brin and Larry Page have now shifted an entity tied to them out of California, beating the deadline on a proposed wealth tax targeting the state’s richest residents. As reported by Business Insider, the fillings revealed that T-Rex LLC, formed in 2006 and long managed from Palo Alto is converted into a…
Google cofounder Larry Page has shifted key business entities, including his family office, out of California to Delaware, Nevada, and Florida. This move precedes a potential state wealth tax, which could cost him billions. Other tech titans are also exploring exits, citing tax and privacy advantages offered by states like Delaware. Google cofounder Larry Page…
Technology billionaires were at the forefront of the advance, with sustained enthusiasm around artificial intelligence driving gains in US mega-cap shares. (AI image) Did you know that the world’s wealthiest and richest 500 people added a whopping $2.2 trillion to their wealth in 2025? The rise was a result of powerful rallies across global markets…
Oracle co-founder Larry Ellison has stepped in to personally guarantee more than $40bn in financing for Paramount Skydance’s hostile $78bn bid for Warner Bros. Discovery. The move follows open scepticism from WBD’s board over whether the offer was fully funded and capable of closing. By putting his own wealth on the line, Ellison aims to…
Google is in the headlines after the launch of its Gemini 3.0 and Nano Banana Pro AI models. The tech giant has now incorporated Search and its other business with Gemini models but as per a resurfaced video, the foundation of AI-first company was laid a quarter-century ago. In a rare clip from the year…
Warner Brothers Discovery (WBD) has pushed back against Paramount Skydance’s $77.9 billion hostile takeover bid, telling Oracle founder Larry Ellison that his family trust is now sufficient assurance. As reported by The Wall Street Journal the company has urged the shareholders to reject Ellison-led proposal, citing financial concerns and calling Ellison himself to sign a…
Larry Ellison net worth 2025 Oracle founder and Chairman Larry Ellison has outlined the difference between two types of artificial intelligence (AI) models, separating them based on their need for real-time, low-latency decision-making. In a video shared on Elon Musk’s X, Ellison is seen explaining that the design and deployment of an AI model depend…
Google co-founders Larry Page and Sergey Brin have moved into the top 5 richest people in the world, after a massive reshuffle in the global wealth rankings, according to Forbes’ Real-Time Billionaires List. The rapid increase in their wealth has been directly attributed to the successful launch of Google Gemini 3 AI model. Essentially, Larry…
screen grab (Source:X/@nytimes) Former Harvard University president and US treasury secretary Larry Summers has said he will step back from several public roles following the release of documents detailing years of personal correspondence with convicted sex offender and disgraced financier Jeffrey Epstein.In a statement issued by him on Monday night, quoted by The Washington Post,…
Oracle founder Larry Ellison is currently the world’s second richest person, only behind Tesla CEO Elon Musk. As per Bloomberg’s Billionaires Index, he has a total net worth of $373 billion. Ellison’s wealth has grown rapidly in the past months due to massive gains in Oracle’s stock, driven by the AI boom. But not many…