Sergey Brin Overtakes Bezos, Alphabet Hits $4 Trillion Valuation

Sergey Brin, co-founder of Google, overtakes Jeff Bezos to become the world's third-richest person as Alphabet, Google's parent company, reaches a $4 trillion valuation. Alphabet's shares surged, making it the fourth company to hit this milestone.

Brin's net worth rose to $255.6 billion, placing him behind Elon Musk and Larry Page. The rise in Alphabet's shares was partly fueled by a new partnership with Apple for Google's AI capabilities.

This development solidifies Alphabet's position as a leader in artificial intelligence and boosts investor confidence.