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Astro Teller. As of September 1, 2017, their equity is held by a subsidiary known as XXVI Holdings, Inc. (referring to the Roman numeral of 26, the number of letters in the alphabet), so that they can be valued and legally separated from Google.
He remains an Alphabet board member, employee, and controlling shareholder. [7] Page has an estimated net worth of $125 billion as of March 2024, according to the Bloomberg Billionaires Index , and $122.8 billion according to Forbes , making him the ninth-richest person in the world.
Brin was the president of Google's parent company, Alphabet Inc., until stepping down from the role on December 3, 2019. He and Page remain at Alphabet as co-founders, controlling shareholders , and board members.
Co-founder Larry Page, who owns 389 million Class B shares, will get a dividend payment of $78 million. Investors have been looking for signs of maturity from technology firms.
In December 2019, Pichai became the CEO of Alphabet Inc. [49] [50] His compensation from the company topped $200 million in 2022, [51] which many employees criticized in light of large scale layoffs that Google undertook in 2023.
In 2015, Google was reorganized as a wholly owned subsidiary of Alphabet Inc. Google is Alphabet's largest subsidiary and is a holding company for Alphabet's internet properties and interests. Sundar Pichai was appointed CEO of Google on October 24, 2015, replacing Larry Page , who became the CEO of Alphabet .
As of December 2016, Alphabet has acquired over 200 companies, with its largest acquisition being the purchase of Motorola Mobility, a mobile device manufacturing company, for $12.5 billion in 2012. Most of the firms acquired by Google are based in the United States, and, in turn, most of these are based in or around the San Francisco Bay Area .
In 2015, Google became the main subsidiary of the holding company Alphabet Inc. The search engine went through many updates in attempts to eradicate search engine optimization. Google has engaged in partnerships with NASA, AOL, Sun Microsystems, News Corporation, Sky UK, and others. The company set up a charitable offshoot, Google.org, in 2005.
Website. abc .com. Availability. Streaming media. Affiliated Streaming Service (s) Disney+. ESPN+. Hulu. The American Broadcasting Company ( ABC) is an American commercial broadcast television and radio network that serves as the flagship property of the Disney Entertainment division of the Walt Disney Company.
Alphabet Inc. — an American multinational conglomerate company based in Mountain View, San Francisco Bay Area, California. It is the parent corporation of Google ; and other information technology , investment, life sciences, and research companies.