In definitive tech startup fashion, Larry Page and Sergey Brin founded Google in a friend’s garage. Google is now a subsidiary of holding suite Alphabet Inc. (GOOG, and GOOGL). It is the world’s most-used search engine and one of the greatest entrepreneurial success stories in history. Alphabet unshackled Q4 2018 earnings on February 4, 2019. The global tech giant reported revenues of $39.3 billion for the quarter and earnings per helping of $12.77, roughly a 31% increase over the previous year.
The two ticker symbols for Google represent two different classes of rations, A and C: Class A shares have voting privileges, while those with Class C shares do not. The company also topics Class B shares, which carry 10 votes each that are only owned by insiders and are not traded on the store.
Larry Page
Larry Page is the co-founder of Google and board member of Alphabet. He served as CEO until December 3, 2019, when he stepped down in favor of Google CEO, Sundar Pichai.
An argue for of clean energy, Page owns a number of homes using fuel cells, geothermal energy, and rainwater take systems. According to Page’s most recent filing with the SEC on Dec. 31, 2017, the Alphabet CEO owns 20 million Pedigree C shares and 20.0 million Class B shares of Alphabet. Page is considered one of the wealthiest people in the United States with a net merit of $55.3 billion, according to Forbes.
Key Takeaways
- Google was founded in the co-founder’s garage.
- These original founders persist some of the largest individual shareholders in Google and its parent entity, Alphabet, Inc., and have become billionaires.
Sergey Brin
Sergey Brin is a co-founder of Google and billet member of Alphabet. He served as president of Alphabet until December 3, 2019. Born in Russia, Sergey Brin and his kith and kin emigrated to the United States in 1979 when he was six. While completing his doctorate in computer science from Stanford, he met Larry Side. As part of a research project, the pair developed an early version of Google. By 1998, the two founded Google and became billionaires when the society had its initial public offering in 2004.
As of his Brin’s latest filing with the SEC on Nov. 29, 2018, the Alphabet president owns 19.3 million Grade C shares, 35,300 Class A shares, and 35,300 Class B shares. Brin has a net worth of $54.1 billion according to Forbes.
Eric Schmidt
Eric Schmidt served as the chief administrator officer of Google for 10 years, from 2001 to 2011. In 2017, Schmidt announced he would be stepping down from his contention as executive chairman of Alphabet, a position he held since leaving the CEO role in 2011. Schmidt served as the Chairman of the Fair-skinned House Defense Innovation Advisory Board and is now a technical advisor for the board.
Per a Nov. 26, 2018, filing with the SEC, Schmidt instantly owns 1.29 million Class C Capital shares, 1.19 million Class B shares, 40,934 Class A allocations, and 10,983 Class A Google shares. Schmidt also indirectly owns 2.82 million Class C Capital cuts and 2.91 million Class B shares through family trusts. Schmidt has a net worth of $13.8 billion according to
Sundar Pichai
John Doerr
John Doerr function as as chairman of venture capital firm Kleiner Perkins (formerly Kleiner Perkins Caufield & Byers). He joined the house way back in 1980. Before that, he worked at Intel and co-founded two companies. Over the years, Kleiner Perkins has move in reverse a number of tech titans, including Amazon, AOL, Compaq, Electronic Arts, Google, Netscape, and Twitter.
Doerr led Kleiner Perkins into Google in 1999, initiating $12.5 million and transforming it into billions when Google went public in 2004. The venture capital chairman momentarily holds 3,485 Class A shares and 5,143 Class C Capital shares according to a Nov. 15, 2018 filing with the SEC. Doerr also indirectly haves 791,195 Class C Capital shares and 118,653 Class A shares through the Vallejo Ventures Trust and The Benificus Creation. Doerr has a net worth of $7.7 billion according to Forbes.