Shares of Google co-founder Sergei Brin ‘Gift’ can be directed to shares of $ 700 million …

Google co-founder Sergei Brin has given a price of $ 700 million to shares of 4.1 million alphabet as per a regulatory filing. While the regulatory filing does not disclose the details of the recipient, shares can be directed towards charity, financial trusts or investment vehicles between shares -class A and class C stocks. This is not the first time Brin has donated such a huge amount. Google’s co-founder also gifted $ 600 million shares in 2023 after Google’s AI search launch. He also donated over $ 100 million in May and November 2024.

Sergei Brin’s philanthropic history

While the regulatory filing did not specify the recipient, speculation suggests that shares can be directed to a donation, a financial vehicle or a trust. Brin has a well -written history of significant philanthropic contribution, which often focuses on the causes close to his heart.Brin has been a strong supporter Parkinson’s Disease ResearchFunding initiative through their personal foundation. His non-profit organization has also supported climate-focused projects including energy initiative of $ 155 billion in Copenhagen.After Google’s new announcement, disclosure of disclosure of the alphabet with 5.6% stock increase AI-managed search features At its annual developer conferenceDespite this considerable gift, Brin’s personal fate remains strong, which costs more than $ 140 billion, one of the top richest individuals globally.