Sundar Pichai: Usually only founders of companies become billionaires with net worth. Pichai, who is an ordinary employee, joins the Google company as a product manager and is going to reach the billionaire status very soon.
Sundar Pichai: There is no need to specifically say how much demand there is for Artificial Intelligence (AI) these days. Every tech giant is taking steps towards AI technology. While the AI boom continues… search engine giant Google has also made AI based technology available. Alphabet Inc. CEO Sundar Pichai has done a great job in continuing Google’s growth. Recently, as a company non-founder tech executive, he is in the rare milestone.
Pichai, who rose from being an ordinary employee to the level of CEO, became one of the highest paid executives in the world. His wealth reached almost 1 billion (100 crore) dollars. So that you will soon get billionaire status. This is what the Bloomberg Billionaires Index revealed.
Pitchai will soon become a billionaire
Since 51-year-old Pichai became Google CEO in 2015, the company’s stock has increased more than 400 percent. During the same period, the S&P 500 significantly outperformed the NASDAQ. The company beat first-quarter earnings expectations driven by AI-driven growth in its cloud computing unit. After that Google reached a new record. The company also introduced dividend for the first time in its history.
In this sequence, Sundar Pichai will become a billionaire, according to Bloomberg Billionaires report. Pichay’s current share holdings are worth $424 million. He has sold approximately $600 million of shares since becoming CEO.
From ordinary employee to CEO
Generally only the founders of companies become billionaires with net worth. Pichai, who was an ordinary employee, has now reached the highest position by becoming a product manager in Google company. That’s why Google also recognized Pichay’s capabilities and handed over him the responsibilities of the company’s CEO. Pichai also completed all the tasks with equal responsibility and took the company to success.
How does life begin?
Actually, Pichay, a resident of Chennai, grew up in a double bed room apartment in his childhood. He said in a previous interview that he did not have a television or a car. Said that at times they did not even have running water. At the age of 12, Pichay got the first rotary telephone in his home. That’s when he introduced himself to technology. Father worked as an electrical engineer in British-owned GEC. It was this pitch that attracted me towards the tech industry.
Pichai ran in schools also. Ultimately he won a place in the prestigious Indian Institute of Technology, Kharagpur. Studied his engineering there. Also won a scholarship to Stanford University. At that time, his father withdrew hundreds of thousands of dollars from family savings to cover Pichai’s plane ticket and other expenses.
Our parents sacrificed their lives
Pichai said in an interview in 2014.. “There were many parents who did the same thing as my father and mother. He sacrificed a lot of his life. He said that he spent the entire income earned to educate their children. After completing another degree at the University of Pennsylvania Wharton School and working as a consultant at McKinsey, Pichay joined Google in 2004 as a product manager, leading the development of major projects such as Google Toolbar and Google Chrome.
Pichai took over as Google CEO in 2015
Pichai, Vinay, joined Google with great ability and achieved tremendous success in his first few years, said Kevel Desai, who worked closely with him. Pichai was selected by co-founder Larry Page as Google CEO in 2015. However, Larry Page became CEO of the newly formed holding company Alphabet. According to Bloomberg Wealth Index, Larry Page and co-founder Sergey Brin are among the top 10 richest people in the world. However, when Larry Page stepped down from the role in 2019, Pitchay assumed those responsibilities.
