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Lawrence "Larry" Page (born March 26, 1973) is an American computer scientist and internet entrepreneur who, with Sergey Brin, is best known as the co-founder of Google. On April 4, 2011, he took on the role of chief executive officer of Google, replacing Eric Schmidt. As of 2012[update], his personal wealth is estimated to be $18.7 billion. He is the inventor of PageRank, which became the foundation of Google's search ranking algorithm. Together, Brin and Page own about 16 percent of the company's stock.