1. Alphabet’s New Boss Means $2 Billion for Departing Founders

    Alphabet’s New Boss Means $2 Billion for Departing Founders

    (Bloomberg) -- Larry Page and Sergey Brin just got a $2 billion retirement gift from investors. The Google co-founders, who announced on Tuesday they were stepping down from day-to-day management of parent Alphabet Inc., added about $1 billion each to their net worth as of 10:15 a.m. in New York, after the firm’s shares rose 1.8%. They each own about 6% of the internet giant and still control Alphabet through special voting shares...

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