Sergey Brin gifted $600 million in Google shares to mystery party
Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million (R11.4 billion) 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.
Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million (R11.4 billion) 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.