Warren Buffett's $31 Billion Alphabet Investment Lifts Google Co‑Founders' Net Worth

Berkshire Hathaway, led by Warren Buffett, initiated a multi‑billion‑dollar stake in Alphabet, the parent of Google. The investment, first disclosed in July, amounted to roughly $31 billion and gave Berkshire about 58 million shares, valued at about $21 billion at the time. Buffett said he had "made a mistake" by not investing earlier and likened the AI‑driven infrastructure spending to the capital‑heavy utility and railroad businesses he owns. The disclosure sent Alphabet shares up 3‑4%, pushing co‑founder Larry Page’s net worth up $8 billion to $301.7 billion and Sergey Brin’s by $7.3 billion. Analysts responded positively, with price targets ranging from $430 to $447 and bullish outlooks for the upcoming earnings report. Buffett’s stake now ranks among Berkshire’s largest holdings, behind Apple and American Express. The market reaction included a brief dip of 2.2% on a later trading day, but overall sentiment remains constructive, reinforced by analyst upgrades and expectations of continued AI‑driven revenue growth.