Everybody around the world has one common habit in our daily life which is Googling. We use various Google products like Gmail, youtube, search, etc more than any app in our daily life. Do you ever wonder who owns google?

real owner of google

Overview of Google:

Alphabet Inc. is the parent company of Google, LLC ( limited liability corporation ) the world’s largest and most used search engine company which changed the way of using the internet by its services. which also runs a vast array of businesses including android os, video streaming, music streaming, cloud computing, enterprise services, and other online services. Google was founded by larry page and Sergey Brin in a garage in September 1998. Now it has been over two decades since it launched, it grew as the world’s largest technology and largest internet company. also, Google is considered as the top four tech companies in the world which also includes Apple, Amazon, Facebook.

In October 2015, it formulated its parent company called the alphabet as an initiative to lead google in other business sectors like private equity firm, ballon internet, and others too.

As of 2019-2020 Google LLC earned over $161 billion a year from its various section businesses. Alphabet shares are considered one of the costliest in the world. which costs us $1,472.88 as of October 8, 2020. the market value of Alphabet exceeds over $900 billion.

Google Shareholding Pattern: Explained

Alphabet Inc has dissimilar classes of shares that have a different power of voting in the company. which made it difficult to understand google’s rightful owner and their powers.

Alphabet Inc. has three types of classes, which explain to us the voting of power of larry page, Sergey Brin, and other shareholders in it.

  • Class – A: In this case, the shareholders of class A are entitled to have just 1 vote per share. which is publicly traded as ” GOOGL ” in the stock exchange.
  • Class – B: the shareholders of class B are entitled to have 10 votes per share held by the founders of the company to keep as much power to future decisions of the company. Note: These Class B shares are not publicly traded in stock exchanges.
  • Class – C: In this case, the shareholders of class B are entitled to have NO POWER. which is publicly traded as ” GOOG ” in the stock exchange.

the outstanding no: of shares of Alphabet as of December 2018.

Alphabet’s Notable shareholders by number of shares

# in millions as of Dec 2018Class A
Shares (Normal)
Class B
Shares (Super)
Class C Shares
(Non-voting)
TOTAL% of Total Shares
Vanguard22022446.4%
Larry Page0
2020405.7%
Sergey Brin01919385.5%
BlackRock19020395.5%
Fidelity16010263.7%
Eric E. Schmidt04481.2%
Other shareholders242325550071.9%
TOTAL SHARES29947350695100%

Founders Larry Page and Sergey Brin holding the majority of class B shares which gives them full control of Alphabet and Google.

the outstanding no: of votes of Alphabet as of December 2018.

Alphabet’s Notable shareholders by number of votes

# in millions as of Dec 2018Class A
Shares (Normal)
Class B
Shares (Super)
Class C Shares
(Non-voting)
TOTAL% of Total Shares
Vanguard2200222.9%
Larry Page0
200020026.1%
Sergey Brin0192019225.1%
BlackRock1900192.5%
Fidelity1600162.1%
Eric E. Schmidt0410415.4%
Other shareholders24234027636%
TOTAL SHARES2994660766100%

So we should have understand how larry page and Sergey brin controls the Alphabet with just 11% Capital and More than 50% Voting Power.

Can Larry Page and Sergey Brin Sell Their Class B Shares of Alphabet:

Yes, they can sell their shares whenever want but when class B sold to others they will automatically convert into Class A shares which give just 1 voting power per share. class B shares work only when they are with Original Holders and when original holders sell their shares to another original holder the voting power reminds the same and it doesn’t create any new shares. Ex: If Larry page sells to Sergey brin.

Who are Google’s top 4 individual investors?

Larry Page

Founder Of Google with his Sergey brin at Stanford University in 1998 as a project. he was the creator of the PageRank algorithm which made google the biggest search engine of all time by beating yahoo, bing, etc.

Sergey Brin

Co-Founder of Google. he was born in Russia later for his studies he went to Stanford University that’s where the journey begins. he met the larry page and the rest is the history we know today.

John Doerr

John Doerr is a venture capitalist. He is been one of the board members of Google since 1999 and also served many positions in Google.

Sundar Pichai

Mr. Pichai has been appointed as CEO of Google in 2015 and Later Appointed as CEO of Alphabet in 2017. Founders Give stock-based compensation.

Top 3 Shareholders Of Alphabet ( Google ) Other Than Founders:

Vanguard Group, Inc: Vanguard Group is one of the largest investment advisors firms in the USA which holds major shares in top companies including Apple, Microsoft, Facebook, and Other Top Companies. It Holds More Than 22.5 Million Shares in Alphabet ( Class C )

Blackrock, Inc: BlackRock is a global investment management company and the largest asset manager in the world. This firm held about $7.4 trillion in AUM as of December 31, 2019. Which also holds majority shares in Top Companies mentioned above. BlackRock holds approximately 20.0 million Class C shares of Alphabet.

T. Rowe Price Associates, Inc: T. Rowe Price is a publicly owned investment management company offering a variety of Financial Services. This company’s largest fund is its T. Rowe Price Blue Chip Growth Fund, T. Rowe Price holds More Than 12.2 million Class C shares of Alphabet.

Conclusion:

Based on this the real owner of Alphabet is Class B shares Holders. Larry Page and Sergey Brin are the real Owners of Google-Based On The Above Details.

Thanks For Reading.

Author

Hi Guys 👋, I am Mohanraj, Budding Digital Marketer and Aspiring Entrepreneur With a Vision to Make People Around the World Understand How Businesses Works and Earns in a Simplified Way.

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