Google Co-founder Sergey Brin Donates ₹5,960 Crore Worth of Alphabet Stock to Philanthropy
Sergey Brin’s $700 Million Stock Gift Revealed: Catalyst4, Family Foundation, Michael J. Fox Among Recipients
Sergey Brin, Co-founder Of Google And One Of The World’s Richest Tech Billionaires, Has Revealed The Recipients Of His mysterious Stock Gift Worth Nearly $700 Million (₹5,960 Crore) In Alphabet Shares.
According To An Update From His Family Office, The major Portion Of The Donation — Over $500 Million — Was Allocated To Catalyst4, A Nonprofit Organization Brin Personally Launched In 2021. The Organization Focuses On Supporting Scientific Innovation And Social Impact Causes, Particularly Those Involving global Health And Longevity.
The Remaining Shares Were Donated To Brin’s Personal Family Foundation And The Well-known Michael J. Fox Foundation, Which Works Toward Parkinson’s Disease Research And Related Neurological Issues.
Brin, Who Turned 51 Recently, Is Currently Ranked As The 10th Richest Person In The World, With A net Worth Of $143 Billion, According To Bloomberg Billionaires Index.
This Act Of Philanthropy Follows A Growing Trend Among Tech Titans, Like Bill Gates And Warren Buffett, Who Are Committing Large Parts Of Their Wealth To Global Causes. Brin’s Generous Gift Reinforces His Commitment To Science-backed Nonprofit Work And Innovation With Purpose.
Industry Watchers Praise This Move As An Example Of responsible Wealth Distribution Among Billionaires In The Age Of AI And Big Tech, Where Questions About Ethical Leadership And Impact Investing Are Becoming More Important Than Ever.
Stay Informed With THE JANTA VOICE For Insightful Stories On tech Leaders, Philanthropy, Billionaire News, And Global Impact Projects.
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