{"id":161465,"date":"2025-11-30T23:50:07","date_gmt":"2025-11-30T23:50:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/161465\/"},"modified":"2025-11-30T23:50:07","modified_gmt":"2025-11-30T23:50:07","slug":"sergey-brin-gifts-1-1-billion-in-alphabet-stock-after-ai-rally","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/161465\/","title":{"rendered":"Sergey Brin gifts $1.1 billion in Alphabet stock after AI rally"},"content":{"rendered":"<p>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 <a aria-label=\"Go to https:\/\/fortune.com\/company\/alphabet\/\" class=\"\" target=\"_blank\" href=\"https:\/\/fortune.com\/company\/alphabet\/\" rel=\"nofollow noopener\">Google<\/a> co-founder created.<\/p>\n<p>The donation was disclosed Friday\u00a0<a aria-label=\"Go to https:\/\/www.sec.gov\/Archives\/edgar\/data\/1295032\/000119312525302626\/xslF345X05\/ownership.xml\" class=\"\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1295032\/000119312525302626\/xslF345X05\/ownership.xml\">in 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<p>Brin is also giving about $90 million to his family foundation, the spokesperson said, as well as $45 million to the Michael J. <a aria-label=\"Go to https:\/\/fortune.com\/company\/fox\/\" class=\"\" target=\"_blank\" href=\"https:\/\/fortune.com\/company\/fox\/\" rel=\"nofollow noopener\">Fox<\/a> Foundation, which supports research into Parkinson\u2019s disease. In May, Brin had previously doled out Alphabet shares\u00a0<a aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2025-05-24\/brin-s-mystery-700-million-stock-gift-went-to-philanthropies\" class=\"\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-24\/brin-s-mystery-700-million-stock-gift-went-to-philanthropies\">worth $700 million<\/a>\u00a0to the same three charities.<\/p>\n<p>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\u00a0<a aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2025-11-25\/google-the-sleeping-giant-in-global-ai-race-now-fully-awake\" class=\"\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-25\/google-the-sleeping-giant-in-global-ai-race-now-fully-awake\">company\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&hellip;\n","protected":false},"author":2,"featured_media":161466,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,47596,32518,125],"class_list":{"0":"post-161465","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-il","12":"tag-israel","13":"tag-philanthropy","14":"tag-sergey-brin","15":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/161465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=161465"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/161465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/161466"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=161465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=161465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=161465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}