December 2, 2005 5:17 PM PST

Google billionaires

by Elinor Mills
  • Font size
  • Print
  • Post a comment

In the last few weeks as Google's share price has hit record levels topping $430 Google executives have been getting richer off stock sales.

"As of late November, a total of 14 Google executives and directors had pocketed a combined $4.3 billion by selling 18.6 million of their shares so far this year, according to Thomson Financial," said an article Friday in the San Francisco Chronicle.

"The biggest winners have been Google co-founders Larry Page and Sergey Brin, who have each collected nearly $1.3 billion by selling 5.3 million of their individual shares in an automated trading program.

"Even after those sales, Securities and Exchange Commission records show Page and Brin still owned another 33 million Google shares -- stakes currently worth more than $13 billion apiece."

Wow!

Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service, and the Associated Press. E-mail Elinor.
Recent posts from News Blog
Nvidia puts NForce chipset development on hold
Opera 10 browser is here
Neil Young Archives Blu-ray: Rip off?
Acronis revises survey results about backup habits
Acronis miscalculates data on users' bad backup habits
Flickr co-founder presses beta button
Comcast, Sony open retail store
Cox to try coaxing the Internet into submission
advertisement

15 sites that went kaput in 2009

Web sites launch all the time, but they also shut their doors. We highlight 15 that bit the dust this year.

Top 10 news stories of the decade

Let the debate begin: Was the iPhone more important than iTunes? Was anything bigger than Google finding a great business model? CNET offers its list of the 10 most important stories of the '00s.

About News Blog

Recent posts on technology, trends, and more.

Add this feed to your online news reader

advertisement
advertisement

Inside CNET News

Scroll Left Scroll Right