New Delhi: Larry Page, CEO of Google’s parent company Alphabet, is currently the 12th-wealthiest man on the planet, with a net worth of $37 billion (Rs. 247.1 cr approx.). He, along his billionaire business partner Sergey Brin, co-founded Google and turned the search engine company to one that has its hand in everything from self-driving cars to curing cancer.
According to recent reports, Mountain View technology startups Zee.Aero and Kitty Hawk are in the business of creating flying cars, which are being backed up backed by Google co-founder Larry Page.
Zee.Aero was founded in 2010 and Page has been personally funding the startup since then. Also another competitor company Kitty Hawk was set up in 2015. Neither of them are a part of Alphabet Inc's Google-related family, and are personally bankrolled Page where he is almost investing US $100 million (Rs. 668.7 cr).
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The startup Kitty Hawk has an amazing staff, which not only originate from Zee.Aero but has NASA, Boeing, Elon Musk's SpaceX, and the 2013 Sikorsky Prize-winning Aerovelo team involved.
Bloomberg in its recent report revealed that the company president Sebastian Thrum has been largely involved in Google's autonomous driving program and research team.
On the other hand Zee.Aero in its team has Stanford aeronautics and astronautics professor Ilan Kroo. The company even launched some playful proof-of-concept gliders at the 2013 Red Bull Flugtag in Long Beach, California.