Google Inc. is a multinational technology company which offers a variety of internet related services, tools and products to consumers.
These products and services comprise of advertising, search engine, enterprises services, software, hardware, internet services among others. Today the company is the second most valuable brand and second in market value. Google Inc is a huge company but with some history and let just dig deep into its history to understand why a company would have a net worth of almost a trillion. Keep reading to know more about Google’s net worth in 2018.
History & Wiki
Google was born in a garage owned by Susan Wojcicki, or rather Google was founded in 1998 by two PhD students from Stanford university Larry Page and Sergey Brin. The two today own 14% of the company shares and have around 56% voting power.
Google was funded by Jeff Bezos, Ram Shriram, David Cheriton, and Andy Bechtolsheim before its IPO which they sold $85 per share which took place in 2004 raising $1.63 billion which gave the company a market capitalisation of $23 billion.
Today the company has a market capitalisation of around $715 billion, and it’s still owned by Sergey Brin and Larry Page while Eric Schmidt is the CEO.
Some of the products offered by Google other than what you know Gmail and Google search engine. There are several Google products such as advertising tools, e.g. AdWords Express, Google AdSense, Ad Mob, among others.
Google Search Engine which has dominated in the world with a market share of around 65%.it also hosts Google Books and Google images.
Enterprises services that Google offers are the G Suite which has Gmail, Google Drive, Domain names, among others.
Consumer services offered by Google can be categorised into 3 segments that are web-based services that include (Google Maps, YouTube, Google Docs, email, Google Photos) Software’s that include (Android mobile operating system, Google Chrome, ) and Hardware which includes (Pixel, Nexus One, Chromebook).
On internet services, Google offers Google Fiber and project Fi.
Other Google products include Google News, Google Wallet, Google Shopping Express, among many others.
Awards & Achievements
Google today is the second most valuable brand in the world and second in market value. The company controls nearly 70% of web search and has been named on various occasion best employer.it has a philanthropic organisation called Google.org which funds projects related to global public health, poverty and climate change.
Net Worth of Google
Google Inc net worth is around $715 billion (value of market capitalisation), and the brand value in 2017 is $101.8 Billion. The company is the company is the second most valuable brand and second in market value. Google net worth depends on the performance of shares, and as of December 2017, Google Shares are going for $1037 per share.
Google Inc net worth of $715 billion just shows how fast the company has grown to a multinational company. We owe many thanks to Larry Page and Sergey Brin for creating one of the best search engines in the world and innovating many dozens of its products and services.