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’s Philanthropic history

While the regulatory filing did not specify the recipient, speculation suggests the shares could be directed towards a charity, a financial vehicle, or a trust. Brin has a well-documented history of significant philanthropic contributions, often focusing on 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 conferenceDespite this considerable gift, Brin’s personal fortune remains robust, with his net worth exceeding $140 billion, placing him among the top richest individuals globally.