Sundar Pichai net worth: Indian-origin Google CEO becomes a billionaire as Alphabet shares near record high

Alphabet Inc.'s strong earnings report on Wednesday marked another milestone in its remarkable rally since early 2023—a surge that has added over $1 trillion to its market value and delivered a 120% return to investors. The rally has also propelled CEO Sundar Pichai into billionaire status. With Alphabet shares nearing a record high, the 53-year-old Pichai’s net worth now stands at $1.1 billion, according to Bloomberg.

Additionally, Forbes real time billionaires' list shows Pichai's net worth at $1.2 billion.

That’s a rare feat for a non-founding chief executive officer, especially in a tech industry where many top executives — including Meta Platforms Inc.’s Mark Zuckerberg and Nvidia Corp.’s Jensen Huang — owe their fortunes to founding equity stakes in their companies.


Alphabet shares rose as much as 4.1% after markets opened in New York on Thursday, their biggest intraday gain in two months.

Alphabet shines with profits
Google-parent Alphabet on Wednesday reported quarterly profits that topped expectations, saying artificial intelligence has boosted every part of its business.

Alphabet's second-quarter profit of $28.2 billion -- on $96.4 billion in revenue -- came with word that the tech giant will spend $10 billion more than it previously planned this year on capital expenditures, as it invests to meet growing demand for cloud services.

"We had a standout quarter, with robust growth across the company," said Alphabet chief executive Sundar Pichai. "AI is positively impacting every part of the business, driving strong momentum."