NET WORTH: $39.1 Billion
SOURCE OF WEALTH: Google
FUNDING AREAS: Technology, Clean Energy
OVERVIEW: Larry Page sits on the boards of several nonprofits, but much of his personal philanthropy seems to be channeled through Google. Most of his giving is directed toward technological advancement, particularly in the clean energy sector. His own foundation, the Carl Victor Page Memorial Fund, has posted assets of over a billion dollars, though most of its giving goes through donor advised funds set up at outfits like the Vanguard Charitable Endowment, making it virtually impossible to see where Page's money is actually going, if it's going anywhere at all.
BACKGROUND: Originally from Michigan, Larry Page did his undergraduate work at University of Michigan before attending Stanford for his graduate degrees. After Stanford, Page cofounded Google, and recently became CEO of Alphabet, the newly created parent of Google and its sister companies.
TECHNOLOGY: Through Google.org, his company's philanthropic arm, Page is attempting to discover ways to use science and modern technology to solve the world's most persistent societal problems, especially the development of environmentally sustainable energy. He has demonstrated a commitment to this concept through his investment in companies such as Tesla Motors, which is developing long-range battery-powered vehicles, and through investments made as part of his stewardship of Google.org. These investments include $130 million to a company that makes solar panels and $10 million to a company developing a kite system that will tap into jet streams for power, as well as a demonstration project attempting to generate electrical power using geothermal energy.
Outside of his Google.org endeavors, Page is a board member of the X Prize Foundation, which organizes large-scale competitions in five major categories: education, global development, energy and environment, life sciences, and exploration. The purpose of the competitions is to stimulate investment in research and development designed to bring about change that hopefully will benefit humanity.
HEALTH: Recently, Page joined the growing number of funders opening their checkbooks to combat Ebola, pledging $15 million from his Carl Victor Page Memorial Foundation, and another $10 million from Google.
LOOKING FORWARD: It remains to be seen if Page's philanthropy via his foundation will be more easily tracked down the line, but his work in the tech and clean energy space should be watched carefully in the coming years.