Google is the most popular search engine and one of the greatest entrepreneurial success stories in history. Google was founded in 1998 by two PhD students Larry Page and Sergey Brin at Stanford University, California.
The two co-founders collectively own 14 percent of Googles shares and control 56 percent of voting rights through superiority voting stock.
The Company specializes in internet-based related products ranging from online advertising to search engine and cloud computing.
The global tech giant reported revenues of $39.3 billion for the quarter and earnings per share of $12.77, roughly a 31% increase over the previous year. All information is updated as of April 2019.
Where is Google Headquarters Located?
Googleplex is the organization’s headquarters, and it is in located in Mountain View, California. Googleplex is a name made by combining the words Google and complex, and it is a series of buildings that cover a space 3,100,000 square feet.
Apart from being the largest search engine in the world, Google also has other products that provide a lot of money for the company. Some of them include;
- Google Docs
- Google Slides
- Google Calendar
- Google Drive
- Google plus
- Google Hangouts
- Google Translate
- Google Maps
- Google Keep
It’s only the beginning of the Google products list. Today, the company is home to about 74,000 employees. Nonetheless, in 2015, the company was restructured and got new leaders. Therefore, Google became a part of a big family called Alphabet Inc.
Is Google Owned by Alphabet Inc.?
As part of Google’s restructuring in 2015, Alphabet Inc became a parent company of Google. The executive roles of the company were taken by Sergey Brin – President and Larry Page – CEO. After the restructuring, Sundar Pichai was appointed the new CEO.
Alphabet Inc is one of the largest companies in the world with total assets of 197.29 billion dollars.
This company is a direct owner of all Google products that you see today. The portfolio of Alphabet Inc. also includes:
- Google Fiber
- Nest Labs
- Waymo X
Who Owns Google Now?
As of January 31, 2018, there were 298,492,525 shares of the registrant’s Class A common stock outstanding, 46,961,288 shares of the registrant’s Class B common stock outstanding, and 349,843,717 shares of the registrant’s Class C capital stock outstanding.
The most prominent institutional shareholders (those with more than 5% of Google’s – now called Alphabet – share) are BlackRock, Fidelity (entities affiliated with it) and the Vanguard Group.
If we look at the individuals owning the company we have Larry Page and Sergey Brin, that together have 56% of the voting power. Then we have Eric Schmidt, CEO of the company from 2001 to 2015. Sundar Pichai, new CEO and John Doerr, venture capitalist and early investor in Google.
Top 5 Google Shareholders
The co-founders of Google Larry Page and Sergey Brin lead the majority of votes and shares to the company.
Larry Page is the co-founder of Google and also the Chief Executive Officer of the parent company of Google – Alphabet. He gave up most of his Google responsibilities to Sundar Pichai who was appointed new CEO of Google.
Larry Page is one of the richest people on earth. He is also an advocate of clean energy. That’s why he owns a lot of different rainwater capture systems, geothermal energy systems, fuel cells, etc. According to Bloomberg, his riches go up to $57.7 billion and $48.8 billion according to Forbes.
Larry Page is a computer scientist that managed to create a system that helps millions of people every day. He is the ninth richest person in the world.
Sergey Brin is the president of Alphabet, the parent company created in 2015 to house the corporate structure for numerous other projects. Born in Russia, Sergey and his parents emigrated to the USA in 1979 when he six.
Computer science was one of the fascinating things for young Sergey Brin. That’s why he studied this discipline at Stanford. While studying at Stanford for PhD, he met Larry Page. This pair of scientists developed a search engine that was going to change the world.
They created Google in 1998, but both became billionaires in 2004 when Google went public. For today, Sergey is the president of Alphabet. According to Bloomberg, his net worth reaches $56.1 billion. He owns 19.3 million Class C Capital Stock.
He is an American businessman and software engineer that served as the Executive Chairman for Google until 2017.
Eric Schmidt is one of the shareholders of Class C Google Stock. He owns about 27,000 shares for C class, and he also owns about 27,000 shares of A Class. According to Bloomberg, the total net worth of Eric Schmidt capitals is $14.5 billion.
Schmidt also the chairman of the White House Defense Innovation Board. The main focus of this board is to organize the defense system of USA. Moreover, it enhances the relationship between the private and government sectors.
Sundar Pichai was appointed the CEO of Google in 2015. Prior to joining Google, he worked at McKinsey. Pichai also served as a Senior Vice Presidents of products for the Android operating systems of Google. He is also one of the main shareholders of Google corporation. He has 19,586 of Class A shares and 136,664 of Class C shares.
John Doerr serves as chairman of venture capital firm Kleiner Perkins (formerly Kleiner Perkins Caufield & Byers). He joined the firm way back in 1980. Before that, he worked at Intel and co-founded two companies. Over the years, Kleiner Perkins has backed a number of tech titans, including Amazon, AOL, Compaq, Electronic Arts, Google, Netscape, and Twitter.
Doerr led Kleiner Perkins into Google in 1999, investing $12.5 million and transforming it into billions when Google went public in 2004. The venture capital chairman directly holds 3,485 Class A shares and 5,143 Class C Capital shares. Doerr also indirectly holds 791,195 Class C Capital shares and 118,653 Class A shares through the Vallejo Ventures Trust and The Benificus Foundation.