Google co-founder Sergey Brin gives shares worth $700 million as gift: Where his stock gifts traditionally go

Google co-founder Sergey Brin has gifted 4.1 million Alphabet shares worth nearly $700 million as per a regulatory filing. While the regulatory filing does not disclose the details of the recipient, but the shares the shares—split between Class A and Class C stock—could be directed toward charity, financial trusts, or investment vehicles. This is not the first time that Brin has donated such large amount. The Google co-founder also gifted shares worth $600 million in 2023 after Google’s AI search launch. He also donated over $100 million in May and November 2024.

Sergey Brin gifted his shares for the second time at Google I/O
This is not the first time that Google co-founder has gifted his shares at the company's annual developer conference. In the year 2023, Brin gifted shares worth 600 million at Google I/O. He gifted the shares after the launch of Google's AI research. This is the second time that Brin has made such a huge donation.

Sergey Brin’s Philanthropic historyThe regulatory filling does not reveal any details about the recipient of the donation. However, speculations are riff that the amount is directed either towards charity, financial vehicle or a trust. Brin has a history of philanthropic contributions and he usually donates to causes close to his heart.

Brin has been a strong supporter of Parkinson’s disease research , funding initiatives through his personal foundation. His nonprofit has also backed climate-focused projects, including a $155 billion energy initiative in Copenhagen.

The disclosure coincided with Alphabet’s 5.6% stock rise, following Google’s announcement of new AI-powered search features at its annual developer conference

Despite this considerable gift, Brin's personal fortune remains robust, with his net worth exceeding $140 billion, placing him among the top richest individuals globally.