Google was founded on September 4, 1998, by American computer scientists Larry Page and Sergey Brin. Since then, Google has become the go-to search engine for internet users across the globe, from which approximately 86.93% of Google users are from the US. Back in 1998, Google used to process 10 thousand search queries, but now it processes 8.5 billion queries on an average, which comes up to 99 thousand queries per second. Every answer to every question is just a few clicks away from us. But who owns Google now? The question everyone seeks to find an answer for. Lets learn more about the parent company of Google, Alphabet Inc.
Who is the Owner of Google?
Google is the largest and most well-known subsidiary of the multinational technology conglomerate, Alphabet Inc. It is the direct owner of Google but it also has separate ventures such as Waymo (self-driving cars), Verily which focuses on life sciences and DeepMind for artificial intelligence. As Google's core internet services are vast in themselves, the co-founders decided the corporate re-structuring to focus more on visions aligned for it.
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What is Alphabet Inc.?
The Alphabet Inc. was created on October 2, 2015, as a holding company for Google and its various other ventures. The idea behind Alphabet was to make the diverse collection of businesses "cleaner and more accountable" for their operations.
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Alphabet’s corporate structure allows each subsidiary to operate with more autonomy, fostering innovation and specific leadership for each segment.
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Alphabet's primary sources of revenue come from Google's core advertising business. The company also has significant investments in cloud computing (Google Cloud), consumer hardware, and its experimental technologies and businesses that are distinct from Google's main products.
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Sundar Pichai serves as the CEO of both Google and Alphabet Inc., overseeing the entire conglomerate's operations while working closely with the founders.
Founders' Continued Leadership and Vision
The story of Google, and subsequently Alphabet, begins with Larry Page and Sergey Brin. They met as Ph.D. students at Stanford University in the mid-1990s. Dissatisfied with existing search engines, they developed a new algorithm called PageRank, which revolutionized how websites were ranked by relevance. This groundbreaking research led them to found Google in 1998 in a garage in Menlo Park, California.
From those humble beginnings, their vision for organizing the world's information grew into the dominant force we see today. Even after stepping down from their executive roles at Alphabet in 2019, Page and Brin remain actively involved on the board and, crucially, maintain their controlling voting stake. Their influence ensures that the company's culture of innovation and long-term, ambitious projects (often referred to as "moonshots") continues to thrive.
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Shared Ownership of Google
Ultimately, while the public can invest in Alphabet Inc. by buying shares, making it a company "owned" by its shareholders, the control and long-term direction of Google and its sibling companies within Alphabet Inc. are strongly influenced by its co-founders, Larry Page and Sergey Brin. Their initial vision for organizing the world's information evolved into a vast technological ecosystem, and their unique ownership structure ensures their enduring impact on its future.
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