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Sergey Brin and Larry Page loses $8.5 billion each

Google co-founders Sergey Brin and Larry Page lost $8.5 billion from their November net worth of $21 billion when their Google stock is at its peak. Amidst declining revenue and their stock trading below $500, Google stock has lost 2 percent dropping the value to $450.78 from its previous $460.56

Both founders has received a 2007 annual salary of $1 and a bonus amounting to $1,723. Sergey and Larry may rethink their $1,724 total salary as their stocks continue to decline.

  

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    • Date : Wednesday, March 26, 2008
    Author : Milo

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