Who owns Google? The Top 5 Google Shareholders!

Who owns Google? The Top 5 Google Shareholders!

Google! One would say it has all the answers to all the questions you may ask. Or at least, it attempts to answer most of them in the most relevant way.Do you know who the first Google employee was? More so, who owns Google?

Who owns Google? The Top 5 Google Shareholders!

Google was realized as a search service provider which has grown to diversify into software, hardware and marketing.

Do you know who the first Google employee was?

Google started as a research project for two PhD students at Stanford. It was in 1996 when Sergey Brin and Larry Page analyzed existing search engines and decided to come up with a new algorithm for ranking Pages. They called it BackRub.

The infant company, which was actualized in 1997, was hosted by the Stanford website.

Upon its completion in 1998, Larry and co. moved their company to Menlo Park at Susan Wojcicki’s garage. Thus it is often said to be born out of a friend’s garage.

Who owns Google? The Top 5 Google Shareholders!

Craig Silverstein was a fellow student at Stanford pursuing a PhD; he became the first ever employee to serve at Google while Larry page became the CEO.

Google was an accidental name. Initially, “Googol” was intended to be the name as it is a number 1 powered to 100 to denote the kind of information Google offered. They settled with Google.

The company operated privately until 2004 when it went public.

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Who owns Google search engine?

Having acquired many more companies along its way; as YouTube, Google was rearranged in 2015 and Alphabet Inc. was born.

Larry Page stepped down as Google CEO to make way for Sundar Pichai and he took the role of CEO to Alphabet Inc. himself.

Who owns Google? The Top 5 Google Shareholders!

After the inception of alphabet, another question cropped up, who owns Google Company?

As it turns out, Google had grown to be more than a search engine. Its diversification called for a centralized leadership and thus Alphabet was the solution. Alphabet Inc. became the answer to who owns Google website too.

Who are the shareholders who own the Google?

The cofounders lead the majority of votes and shares to the company.

The breakdown of shares came up with class A, B and C shares. The class B shares are internally owned and thus are not listed for public trading. These same class B shares carry the company’s voting might which the two founders; Larry and Sergey both have a 54% controlling majority.

These are the shareholders who own Google now.

Larry Page, a cofounder and former CEO of Google. To him;

  • 20 million worth of class C capital stock
  • 25,000 share equity of class A common stock
Who owns Google? The Top 5 Google Shareholders!

Larry Page

Sergey Brin, the Russian born co-founder of Google and the president to the newly created alphabet, he owns 19.3 million worth of class C share stock.

Eric Schmidt, current chairman of the Whitehouse Defense Innovation Advisory Board and a former CEO of Google, he owns

  • 27, 000 class C shares
  • 27,000 class A shares and
  • $1.3 million class C capital stock
Who owns Google? The Top 5 Google Shareholders!

Eric Schmidt.

Sundar Pichai. Pichai has served in Google before at the software department overlooking the android operating system. He took over the reigns as CEO in 2015 and has;

  • 19, 586 class A stock
  • 136, 664 class C stock
  • 1,292 class A common stock and
  • 24, 569 class C capital stock
Who owns Google? The Top 5 Google Shareholders!

Sundar Pichai

Google is a publicly traded company and thus much of its stock is on the public’s hands (Institutional holdings). Vanguard Holdings lead the pack controlling 70.73% of Google’s mother company Alphabet Inc.

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Links to source;

https://en.wikipedia.org/wiki/Google

https://www.investopedia.com/articles/markets/011516/top-5-Google-shareholders-goog.asp

Source: Yen.com.gh

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