Sergey Brin has just given away shares worth almost 700 million US dollars – but we don't know who understood it

According to a submission of Securities and Exchange Commission, the Google co -founder broadcast a little more than 4 million alphabtakties on Wednesday.

Brin is 10. In the Bloomberg Milliardaires Index with a net assets of around 144 billion US dollars. He stands behind Elon Musk, Mark Zuckerberg and Jeff Bezos and in front of Michael Dell and Jensen Huang.

The gift was divided between class A and class C shares. Each share bears a voice, while C shares have no voting rights.

A share closed at 168.56 USD and C on Wednesday at around $ 170 and increased the total value to just over 693 million US dollars.

The Search Giant's shares jumped on Wednesday after Google's I/A developer conference on Google the previous day, where two dozen new models, functions and updates were presented.

It is said that it would start the AI ​​mode that allows us to chat with Google with Google while we search the web, which leads to a stronger conversation experience.

The recipient of Brin's gift could be a charity, a financial vehicle or a trust.

Previously, he made great gifts and gave away the shares in May 2023 after the start of Google's AI search in May 2023, reported Bloomberg. In May and November 2024, he made gifts of stocks worth more than 100 million US dollars.

Brin has a personal foundation, the Sergey Brin Family Foundation, which paid around 250 million US dollars both in 2020 and 2021.

He also donated more than 1 billion US dollars to explore Parkinson's disease and finance a non -profit organization that focuses on the climate crisis.

Brin's family office did not immediately answer a request for comment.