Alphabet Inc. (GOOG, GOOGL) is the parent company of Google, the world’s largest search engine. Parents are also involved in various businesses such as cloud computing, software, hardware, advertising services, mobile, and desktop applications. Originally called Google, the company was founded in the garage in September 1998 by Larry Page and Sergey Brin. For over 20 years now, it has grown into a high-tech company with 12-month (TTM) revenue. $ 169.1 billion, TTM net income $ 34.3 billion and market capitalization $ 778.6 billion. All numbers are as of March 30, 2020.
Below we look at the top five shareholders of Alphabet shares based on their ownership of Class C, B & A shares. At the time of this writing, three of these shareholders are institutional investors and the remaining three are individuals.
Who owns Google and Google’s shareholders?
Google’s two ticker symbols represent a class of two different classes, A and C. Class A shares have voting privileges, but Class C shares do not. The company also issues Class B shares. It has 10 votes each and is only owned by insiders and is not traded on the market.
Larry Page is a co-founder of Google and a member of the alphabet. He was CEO of Alphabet until he resigned in December 2019. He has succeeded Sundar Pichai, who is currently the CEO of both Alphabet and Google.
At the time of this writing, Page holds approximately 40.1 million Alphabet Class C shares. According to 4Forbes, Page is one of the wealthiest people in the United States with a net worth of $ 53 billion.
Sergey Brin is a co-founder of Google and a member of Alphabet. He was President of Alphabet until December 2019. Sergey Brin and his family immigrated to Russia in 1979 at the age of six. As part of their research project, they developed an initial version of Google. The two founded Google by 1998 and became millionaires when they first went public in 2004.
Sergey Brin is currently the second-largest shareholder of Alphabet Class C shares, with approximately 38.9 million shares.
He is the new CEO of Google Inc. Prior to this job, He worked at McKinsey. Pichai also served as Senior Vice President of Google’s Android operating system products. He is also one of the major shareholders of Google Corporation. He has 19,586 Class A shares and 136,664 Class C shares.
Vanguard Group, Inc.
Vanguard Group is one of the largest investment advisors in the United States with approximately 425 low-cost funds and ETFs. As of January 31, 2020.9, the company’s assets under management (AUM) were approximate $ 6.2 trillion. Stable is a Vanguard S & P 500 ETF (VOO) with an AUM of approximately $ 122.1 billion.
BlackRock is a global investment management company and the largest asset manager in the world. The company has approximately $ 7.4 trillion in AUM as of December 31, 2019. BlackRock offers a wide range of mutual funds, closed-end funds, and the popular iShares ETF line. The company’s largest fund by AUM is the iShares Core S & P 500 ETF (IVV), which currently has AUM of $ 164.9 billion.
List of Google products:
Web-based Google Products
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Google Advertising Services
Google Operating Systems
FAQ: Who Owns Google
Who is the real owner of Google?
Decades ago, ownership of a listed company was once simple. We counted the number of shares we own and their share of the total number of shares. The resulting percentages determined both shares of capital (and dividends) and voting rights.
Today, Alphabet (Google) and many other companies very often hold different types of shares with different voting rights. Therefore, defining a company owner has become a bit more complicated. In this article, we will look at the ownership structure of the alphabet (Google). Who owns it and who controls it.
So who owns Alphabet (Google)? The top shareholder is Vanguard with a 6.4% share, followed by Google founders Larry Page (5.7%) and Sergey Brin (5.5%). But thanks to the “super-voted” stock, Larry and Sergey won 51% of the total votes. Therefore, they manage Alphabet Inc.
As you can see from the table above, the founder’s Larry and Sergey is clearly in control. They do not own a majority stake and have a majority vote. Let’s take a closer look at how this can be achieved. Let’s look at the different stock classes of Alphabet Inc. and how they are distributed to shareholders.
Who is the highest-paid CEO in the world?
For many years Sundar Pichai was one of the world’s most salaried business owners.
What is google worth?
According to GOBankingRates, Google’s value as a company is less than $ 280 billion. This was obtained by considering the company’s revenue and profits over the last three years.
How Google controls your life?
Google has all the personal information about you. Google knows you all. Therefore it controls you without being seen by you. All ads that pop up when you are browsing, Google is behind them.
Who is Sundar Pichai?
Sundar Pichai is CEO of Google and Alphabet and a member of the Alphabet Board of Directors. Under his leadership, Google has been leveraging the latest advances in AI to focus on developing products and services that are useful for big and small moments.
📚 Resources & Links
- Certificate of Incorporation for Alphabet Inc
- SEC FORM 4 from Sergey
- SEC form 5 from Larry
- Who is the real owner of Google
- Who owns Google now