Larry Page's Net Worth Inflation-Adjusted

Larry Page, co-founder of Google (now Alphabet Inc.), is a visionary computer scientist and internet entrepreneur who revolutionized how the world accesses information.

News and publications generally cite his wealth figures based on their value at the time of reporting. This page, however, converts those historical estimates into inflation-adjusted equivalents using the US Consumer Price Index (CPI). This adjustment offers a more accurate understanding of how the real purchasing power of his estimated fortune has evolved.

Explore the chart and data below to visualize the difference between reported wealth and its inflation-adjusted equivalent over time. Adjusted values use June 2025 dollars as the baseline.

Key Takeaways

Since 2004, Larry Page's net worth has grown at a Compound Annual Growth Rate (CAGR) of 26.7%, equivalent to 23.51% after accounting for inflation.
His best year has been 2005, with a net worth growth of 596.37% after accounting for inflation.
In the last 5 years, his nominal net worth increased by 52.5 billion, a total gain of 57.38% (32.21% inflation-adjusted).

Larry Page Net Worth by Year (2004-2025)

The table below provides the estimated inflation-adjusted net worth and its year-over-year percentage change.

Year	Inflation-adjusted Net Worth	Change (%)
2025	$144 billion	22.84%
2024	$117.2 billion	39.82%
2023	$83.8 billion	-31.47%
2022	$122.3 billion	12.32%
2021	$108.9 billion	71.7%
2020	$63.4 billion	-1.02%
2019	$64.1 billion	2.25%
2018	$62.7 billion	17.04%
2017	$53.6 billion	13.21%
2016	$47.3 billion	17.04%
2015	$40.4 billion	-8.16%
2014	$44 billion	38.19%
2013	$31.8 billion	21.22%
2012	$26.3 billion	-7.47%
2011	$28.4 billion	9.68%
2010	$25.9 billion	43.48%
2009	$18 billion	-35.25%
2008	$27.9 billion	7.91%
2007	$25.8 billion	26.09%
2006	$20.5 billion	72.22%
2005	$11.9 billion	596.37%
2004	$1.7 billion	-

Building a Fortune on Google and Alphabet

Larry Page's immense wealth stems primarily from his role in co-founding Google and his continued involvement with its parent company, Alphabet Inc. Key aspects of this journey include:

PageRank Algorithm: While a Ph.D. student at Stanford, Page, along with Sergey Brin, developed the PageRank algorithm, which was the foundational technology for Google's search engine. This innovation dramatically improved search result relevance.
Building a Global Search Engine: Google quickly became the dominant search engine worldwide, driven by its superior technology and user-friendly interface. This dominance created a massive platform for digital advertising.
Diversification through Alphabet: Page was instrumental in the restructuring of Google into Alphabet Inc., a holding company that allowed for greater focus on various ventures beyond search and advertising, such as autonomous driving (Waymo), life sciences (Verily) and smart home technology (Nest).
Focus on Innovation and "Moonshots": Page has consistently championed a culture of innovation and long-term thinking, encouraging investment in ambitious projects (often termed "moonshots") that have the potential for transformative impact, even if they carry significant risk.

Google's Business Model and Inflation

Alphabet's primary revenue source, Google's advertising business, has certain characteristics relevant to inflationary environments:

Advertising as a Core Business Need: For many businesses, advertising is not a discretionary expense but a necessary investment to reach customers and drive sales. This can make advertising spending relatively resilient, though it can also be subject to budget cuts during economic downturns.
Pricing Power in Digital Ads: Google's dominant position in search and digital advertising gives it significant pricing power. As businesses compete for ad placements, auction-based systems can naturally adjust prices upwards, potentially keeping pace with or even outpacing general inflation for ad inventory.
Global Operations: Alphabet's global presence means its revenue streams are diversified across different economies and currencies. This can offer some buffer against inflation in a single country, though it also exposes the company to currency exchange rate fluctuations.

Larry Page's Post-Google Ventures

Beyond his foundational wealth from Google, Larry Page has directed his capital toward a portfolio of personal investments in transformative technologies. Among his most notable investments was an early stake in Tesla. He has also been a key backer of aerial mobility startups like Kitty Hawk and Opener, which were later merged into Wisk Aero, a joint venture with Boeing.

Page's latest venture is Dynatomics, a startup he founded in 2023 that uses artificial intelligence to optimize product manufacturing. This pivot from transportation to AI-driven manufacturing underscores his strategy of using capital to fund companies aiming to solve fundamental industrial challenges.

Methodology and Data Sources

Net worth estimates are compiled from publicly available data from sources like Forbes and Bloomberg, primarily reflecting known asset values at specific points in time. They should be considered well-informed estimates, not precise accounting values.

We then adjust all historical figures to their equivalent in today's dollars, calculated using the US Consumer Price Index (CPI) published by the Bureau of Labor Statistics. This methodology provides a more accurate comparison of real purchasing power across different years.