Who Owns Alphabet Company?

In a Nutshell: Key Takeaways

Alphabet Inc. is the parent company of Google and several other subsidiaries.
The major shareholders include institutional investors, founders Larry Page and Sergey Brin, and CEO Sundar Pichai.
Alphabet is a publicly traded company, therefore, its ownership is distributed among public shareholders.
Alphabet’s stock is divided into three classes: Class A (GOOGL), Class B, and Class C (GOOG).

Introduction to Alphabet Inc.
History of Alphabet Inc.
Major Shareholders
Stock Classification
Public Shareholders
Alphabet’s Subsidiaries
FAQ
Conclusion

Introduction to Alphabet Inc.

Alphabet Inc. serves as the parent company of Google and other businesses. Founded in 2015, Alphabet was created during a corporate restructuring of Google to become a conglomerate, allowing diversification and enhancing transparency.

Parent company: Alphabet Inc.
Notable Subsidiaries: Google LLC, Waymo, Verily.
Headquarters: Mountain View, California.

History of Alphabet Inc.

Alphabet Inc. was founded through a corporate restructuring of Google. The goal was to make the business “cleaner and more accountable” while enabling greater autonomy for other ventures.

Founded in: 2015.
Founders: Larry Page and Sergey Brin.
Significant Moment: Announced on August 10, 2015, and became effective on October 2, 2015.

For a more in-depth history, you can visit https://www.whoowns.co.uk/who-owns/.

Major Shareholders

Alphabet Inc.’s ownership is divided among several major shareholders which include founders, top executives, and institutional investors.

Founders

Larry Page and Sergey Brin, the original founders of Google, hold significant shares of Alphabet. Both own a substantial number of Class B shares, granting them enhanced voting power.

Larry Page: Co-founder of Google, significant shareholder.
Sergey Brin: Co-founder of Google, significant shareholder.

Top Executives

CEO Sundar Pichai also holds a considerable ownership stake. Since taking over as CEO, Pichai has received substantial stock options.

Institutional Investors

Several institutional investors hold significant shares in Alphabet, such as:

Vanguard Group: One of the largest shareholders.
BlackRock: Another major institutional investor.

For more details on the shareholders, check out https://www.whoowns.co.uk/alphabet-company

Stock Classification

Alphabet’s stock is categorized into three classes:

Class A (GOOGL)

Class A shares are publicly traded and provide one vote per share. These are generally bought and sold on the stock market.

Class B

Class B shares are not publicly traded and offer ten votes per share. Mainly owned by founders and top officers, providing them with greater control over the company’s decisions.

Class C (GOOG)

Class C shares are publicly traded but do not provide any voting rights. Designed to enable the company to raise capital without diluting the founders’ control.

For a detailed explanation of the stock classes, you can read more at aligning Google’s parent, Alphabet.

Public Shareholders

As a publicly traded company, Alphabet’s ownership is distributed among numerous public shareholders.

Stock Listings: NASDAQ under ticker symbols GOOGL (Class A) and GOOG (Class C).
Ownership: General public investors who buy and sell shares.

Alphabet’s Subsidiaries

Alphabet owns a variety of subsidiaries, each focusing on different sectors:

Google LLC: The cornerstone of Alphabet, dominating search and advertising.
Waymo: Pioneering self-driving car technology.
Verily: Focusing on life sciences research.

For a comprehensive list of subsidiaries, visit Alphabet Inc. – Wikipedia.

FAQ

1. Who founded Alphabet Inc.?

Alphabet Inc. was founded by Larry Page and Sergey Brin, the co-founders of Google.

2. What is the purpose of Alphabet Inc.?

The main purpose was to create a more accountable and transparent business structure, separating Google’s diverse interests.

3. How can I purchase Alphabet stock?

You can buy Alphabet stock through any brokerage platform; the tradeable stock symbols are GOOGL and GOOG.

4. Who is the largest shareholder of Alphabet Inc.?

Institutional investors like Vanguard Group and BlackRock are among the largest, along with founders Larry Page and Sergey Brin.

5. What is the difference between Class A and Class C shares?

Class A shares (GOOGL) offer voting rights, whereas Class C shares (GOOG) do not.

6. Does Alphabet control Google?

Yes, Google operates as a major subsidiary under Alphabet Inc.

7. How is the voting power distributed among shareholders?

Class B shares hold ten votes per share, giving founders and top executives significant control over voting outcomes.

Conclusion

In conclusion, Alphabet Inc. is a well-structured conglomerate responsible for managing and overseeing the varied interests of Google and other subsidiaries. Major ownership stakes are held by founders Larry Page and Sergey Brin, alongside several institutional investors and CEO Sundar Pichai. As a publicly traded entity, its stocks, categorized into Class A, B, and C, are available to investors, although voting power is principally maintained by Class B shareholders. For ongoing updates and in-depth analysis, feel free to visit Who Owns.

By understanding the intricacies of who owns Alphabet Company, investors, enthusiasts, and other stakeholders can gain a clearer perspective of the driving forces behind this tech giant.

[Note: This information reflects the status as of the knowledge cutoff date in October 2023.]

Alphabet Company