Google CEO Sundar Pichai nears billionaire status amid AI boom

• Sundar Pichai all set to add his name to the billionaire's list
• Since he became the CEO of Google in 2015, the company's stock have surged more than 400%
• Pichai's net worth includes $424 million in current shareholdings

Sundar Pichai, the Chief Executive Officer of Alphabet Inc., is on the verge of joining the exclusive club of billionaires, a rare feat for a non-founder tech executive, as per reports.

Under Pichai's leadership since 2015, Google's stock has surged over 400%, surpassing both the S&P 500 and Nasdaq indices. The recent boost came after the company's first-quarter earnings surpassed expectations, fueled by the remarkable growth of its cloud computing unit driven by artificial intelligence (AI) technologies. Additionally, Google introduced a dividend for the first time in its history, further bolstering investor confidence.

This is a remarkable rise for the native of Chennai, India, who grew up in a two-room apartment where he and his younger brother slept on the living room floor.

This remarkable rally, combined with substantial stock awards, has propelled Pichai's fortune to nearly $1 billion. His net worth comprises $424 million in current shareholdings and approximately $600 million from share sales since assuming the role of CEO.