{"id":168519,"date":"2025-12-01T02:30:07","date_gmt":"2025-12-01T02:30:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/168519\/"},"modified":"2025-12-01T02:30:07","modified_gmt":"2025-12-01T02:30:07","slug":"sergey-brin-gifts-1-1-billion-in-alphabet-stock-after-ai-rally","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/168519\/","title":{"rendered":"Sergey Brin gifts $1.1 billion in Alphabet stock after AI rally"},"content":{"rendered":"

Sergey Brin gave away more than $1.1 billion worth of Alphabet Inc. stock this week, with most of the money going to a nonprofit the Google<\/a> co-founder created.<\/p>\n

The donation was disclosed Friday\u00a0in a regulatory filing<\/a>, which didn\u2019t specify who had received the more than 3.5 million shares. According to a spokesperson for Brin\u2019s family office, roughly $1 billion in stock is going to Catalyst4, which the billionaire started in 2021 with the dual purpose of supporting research into central nervous system diseases and climate-change solutions.<\/p>\n

Brin is also giving about $90 million to his family foundation, the spokesperson said, as well as $45 million to the Michael J. Fox<\/a> Foundation, which supports research into Parkinson\u2019s disease. In May, Brin had previously doled out Alphabet shares\u00a0worth $700 million<\/a>\u00a0to the same three charities.<\/p>\n

Brin, 52, is the world\u2019s fourth richest person, with a $255.5 billion fortune, according to the Bloomberg Billionaires Index. His net worth has soared this year thanks to a rally in Alphabet shares, which hit a high of $323 on Tuesday boosted by\u00a0company\u2019s artificial intelligence gains<\/a>. Brin owns a roughly 6% aggregate stake of the business and has seen his fortune gain $97.3 billion this year so far.<\/p>\n","protected":false},"excerpt":{"rendered":"Sergey Brin gave away more than $1.1 billion worth of Alphabet Inc. stock this week, with most of…\n","protected":false},"author":2,"featured_media":168520,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,59982,33899,80],"class_list":{"0":"post-168519","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-ie","12":"tag-ireland","13":"tag-philanthropy","14":"tag-sergey-brin","15":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/168519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=168519"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/168519\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/168520"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=168519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=168519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=168519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}