Alphabet Inc Owner and Net Worth

Alphabet Inc Owner and Net Worth

Alphabet Inc. is a holding company that is a multinational technology conglomerate based in Mountain View, California. On October 2, 2015, it was formed as a result of Google’s restructuring and became the parent company of several former Google subsidiaries.

It invests in the acquisition and management of various businesses. Through the Google and Other Bets segments, it operates. Google Cloud, Ads, Android, hardware, Google Maps, Chrome, Google Play, Search, and YouTube are all included in the Google segment.

Calico, Waymo, CapitalG, GV, Verily, Access, and X are among the companies in the Other Bets segment.

Alphabet Inc. Ownership:

Founders Larry Page and Sergey Brin announced their resignations from their executive positions in December 2019, with Sundar Pichai, who is also the CEO of Google, taking over as CEO.

The formation of Alphabet Inc. was prompted by the desire to make the core business of Google “cleaner and more accountable. “Alphabet Inc. retains Page and Brin as employees, board members, and controlling shareholders.

The Vanguard Group is the top shareholding company is with 7.47% equity.

BlackRock Fund Advisors and Fidelity Management & Research Co. are the other top holders of the company while Larry Page and Sergey Brin are the owners as controlling shareholders.

Net Worth Or Revenue:

Alphabet is one of the world’s most valuable businesses and the third-largest technology company by revenue. Along with Amazon, Apple, Meta, and Microsoft, it is one of the Big Five information technology companies in the United States.

It has a net worth of $1287.18 billion.

Company Name Alphabet Inc.
Type Public
Total assets $359.3 Billion
Net income $76 Billion
Revenue $257.5 Billion
CEO Sundar Pichai
Total equity $251.6 Billion
Net Worth $1287.18 Billion ($1.287 trillion)

Leave a Reply

Your email address will not be published. Required fields are marked *