Sergey Brin, the largest shareholder and co-founder of Google, donated shares of the company he created in the amount of $127 million to charity. According to Forbes USA sources, the assets were received by funds from Brin himself and film actor Michael J. Fox, who suffers from Parkinson’s disease.
Information on the transfer of 1.07 million shares of Alphabet (the parent company of Google) is found in documents filed with the US Securities and Exchange Commission. At the exchange rate on the day of the transfer, the shares They were valued at $127 million.
Forbes USA, citing sources, said the assets were received by Sergey Brin’s own Sergey Brin Family Foundation, as well as a fund seeking a cure for Parkinson’s disease (Brin’s mother suffers), founded by the actor from cinema Michael J. Fox, who is also experiencing this disease.
In addition, Sergey Brin donated $23 million in Alphabet shares to his wife Nicole Shanahan’s fund, with whom he is in divorce proceedings.
Sergey Brin owns 739 million shares of Alphabet. The assets of the company he created make up 90% of his fortune, which is estimated at $96.6 billion.
Author:
Kirill Bilyk
Source: RB
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