Sergey Brin Back as World's Third Richest After Google's $255bn Wipeout Sergey Brin's recent dip to fifth place on Forbes' real time list was a stark reminder of the precarious nature of wealth.
The Google co founder returned to third spot after Alphabet's stock decline briefly wiped out $255 billion in market value, illustrating the impact even a single trading session can have on individual fortunes.
The fluctuations that pushed Brin down were driven by investor reaction to Alphabet's updated forecast for artificial intelligence (AI) capital expenditures.