Now, some of you may already know Alphabet as the parent company of Google, right? But did you know that Alphabet Inc actually became a thing in the year 2015? Yup, that’s right. And you see, within less than a decade, Alphabet has become one of the biggest companies in the world, not just in their specific niche, but in general. If that has got you thinking about this company even more, then you may also be wondering about what actually is their net worth, who’s the current CEO of Alphabet, and who it started out as a company, right? Well, we are about to answer every single one of those queries that you have got, so yeah, let’s get down to it then.
|Alphabet Origin Country||United States|
|Headquarters||Googleplex, Mountain View, California, U.S.|
|Alphabet CEO||Sundar Pichai|
|Alphabet Net Worth||$1540.44 billion (as of October 2023)|
|Industry||Artificial intelligence, Automation, Autonomous cars, Biotechnology, Cloud computing, Computer hardware, Corporate venture capital, Fiber to the x, Health care, Internet, Robotics, Software|
The Alphabet Inc. Story
See, at the year 2015 mark, Google was already too big of a company, and it was definitely a time for restructuring things a bit. That is when Alphabet Inc. was born, but it actually became a parent company of Google instead of a subsidiary. The people behind Google’s restructuring actually wanted a cleaner and more accountable company, and that is how they got Alphabet in their hands. The purpose of this restructuring was to give more autonomy to the different divisions within Google. And that has certainly resulted in more innovations and advancements in the last few years or so. So yeah, the restructuring has begun to show its magic, and now we know why there was a need for Alphabet Inc. Right? Interestingly, the foundations for all these actions like the creation of Alphabet and the restructuring of Google were already in place even before Google was a thing. We are talking about the days when BackRub existed and Larry Page and Sergey Brin were laying the foundation for one of the biggest companies in the world.
Net Worth And Leadership
Now, as you may already know that currently, Sundar Pichai is in charge of Alphabet and Google as the CEO. Yup, he is an Indian-origin person steering the ship of one of the biggest companies in the world. At first, he was just one of the key people in the company, but after seeing his dedication to making Google the best, the board of directors decided to make him the big boss. And we all know how that’s going for Google and Alphabet. The company’s growth has literally skyrocketed in the last few years or so. Take Alphabet Inc.’s net worth for example, it has jumped to almost $1540.44 billion this year. Now that is so big of a figure that speaks a volume itself, don’t you think?