Sergey Brin Rises To 4th Richest—Overtaking Michael Dell Sergey Brin's net worth has plummeted to $17 million due to a 7% drop in Alphabet's share price.
The company's projected spending on artificial intelligence has sent its stock plummeting, raising concerns among investors.
Alphabet has made AI a central tenet of its strategy, investing heavily in research and development as it seeks to stay ahead of the curve. However, investors seem wary of this bet, at least for now.