Google Billionaire Sergey Brin Gifts $600 Million in Surging Shares
- Brin transferred stock day after Google unveiled new AI search
- It’s unknown who received the gift of 5.2 million shares
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Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million on Thursday during a week that saw his wealth grow by the most in over two years.
The gift, disclosed in a filing Monday, doesn’t specify who received the 5.2 million shares, which were evenly split between newly converted Class A stock and Class C stock. They could be directed to charity, or given to other financial vehicles or trusts.