Sundar Pichai’s net worth is estimated to be over $1.3 billion dollars, as at 2020.
Born Pichai Sundararajan on 10th of June 1972, he is an Indian-American businessman and CEO of Google and Alphabet Inc.
He has been steadily growing his net worth over the years as even in 2016 he received stock awards amounting to about $200 million. Verge even reported his stock gains over the last 5 years have hit nearly $1 billion dollars! That’s apart from his wages and other investments.
He is easily one of the richest chief executives in the world and was even listed in the Forbes billionaire list. This is not surprising, after all, he works for one of the most popular companies in the world – Google.
Pichai has really moved up the ranks while working with Google. He has served as Google’s vice president of products like Android, Chrome, and Apps. His positions over the years have reflected very significantly on his earnings and net worth.
Source of Wealth
Sundar’s major source of wealth is his salaries, shares and compensations as CEO of Alphabet Inc, the parent company of Google.
Talking about his salaries, Forbes recently reported that his salary got increased to a staggering $2 million a year, from previous $650,000 a year. To put this into perspective, even the co-founders of Google, Sergey Brin and Larry Page, were each receiving $1 million a year before they stepped down from the helm of affairs at Alphabet Inc.!
Talking about his shares, Bloomberg recently reported that he will be receiving $240 million dollars in stocks over the next three years. Even though that sum will be tied to his performance targets, he will be getting as much as $2 million dollars in annual wage from early 2020.
He is even reported to receive an extra $90 million dollars in stock gains, if Alphabet Inc. shares goes further to outperform the S&P 100 Index.
He also makes money from other personal investments.
Sundar Pichai was born on June 10, 1972. His birthplace is Madura, Tamil Nadu, India.
He was born to an Indian Hindu family. His father Regunatha Pichai was an electrical engineer that worked at the British Conglomerate called General Electric Company or GEC.
His father was also a businessman and owner of a manufacturing plant that produced electrical components. His mother’s name was Lakshmi, a stenographer.
Pichai was raised in Ashok Nagar, in Chennai, India.
He attended school in Jawahar Vidyalaya, a Central Board of Secondary Education school in Ashok Nagar, Chennai. He also went to the Indian Institute of Technology Madras where he completed Class XII from Vana Vani School.
Pichai enrolled at the Indian Institute of Technology Kharagpur and obtained a degree in metallurgical engineering.
He proceeded to the United States and obtained a Master of Science degree in Material Sciences and Engineering from Stanford University. He was also named a Siebel Scholar at this school.
Pichai also holds an MBA from the Wharton School of the University of Pennsylvania. At this school, he was named a Palmer scholar.
After he graduated from university, Pichai got a job at McKinsey & Company, a management consulting firm. He worked in engineering and product management at Applied Materials and in management consulting.
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2004: Sundar Pichai joined Google this year. He was the leader of the product management and innovation team.
His team was responsible for innovating Google’s client software products that also include the popular Google Chrome, Chrome OS, and Google Drive.
He went on to oversee the development of other popular applications such as Google Maps and Gmail.
2008: He was named the vice president of product development. Thereafter, he started taking a more active role.
2009: Pichai gave a demonstration of the Chrome OS at a news conference. He demonstrated the features and functionality of the new operating system.
2011: He unveiled the Chromebook and demonstrated it for trial and testing.
2012: The Chromebook was released this year, and Pichai was at the helms of affairs to see this come to pass.
2013: Pichai started managing Android as part of other Google’s products that he was in charge of. During his short stint managing Android, he introduced some innovative updates on the program.
2014: He led Google to negotiate a $3.2 billion deal acquiring Nest Labs. He was also touted as the possible CEO for Microsoft but he received huge financial packages to remain at Google.
He served as Google’s senior vice president of products such as Android, Chrome, and Apps.
2015: Pichai was made the CEO of Google when the co-founders Larry Page and Sergey Brin announced the creation of Alphabet Inc. He remained in this position until the creation of the holding company for Google.
He improved Google products to make them more comfortable and user-friendly. He also ensured that android gets regular updates from time to time to give users a dynamic and fast smartphone experience.
As CEO, Pichai earned approximately $100 million in his salary and other forms of compensation.
2019: Pichai was named the CEO of Alphabet Inc. the holding company for Google. There were reports that he revived the revenue growth at Google, helping shares of parent Alphabet Inc. rise more than 50% since he took over the internet giant.
Also See: Best Software Testing Jobs To Do From Home.
Pichai started a relationship with Anjali Pichai while studying at the Indian Institute of Technology Kharagpur.
Pichai left for the US to continue his studies. This did not stop their love as Anjali would later found a job in the US and joined Pichai. Anjali is a Chemical engineer.
Both are married and have two children now. Their son is Kiran Pichai, while their daughter’s name is Kavya Pichai.
Sundar Pichai loves playing football and watching movies. He is a fan of Barcelona football club and his favorite player is Lionel Messi.
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