Google Net Worth 2023 - Check out the amazing journey of the most popular search engine in the world.

Google is undoubtedly the most famous search engine in the world. Started in 1998, it has truly changed the way we use the Internet. Do you know Google is now a subsidiary of Alphabet? From search engines and email to cloud storage and productivity tools, it now offers a large number of services. This is the reason why Alphabet Inc. is considered one of the most valuable companies on the Earth.

With billions of users worldwide, Google’s Net Worth in 2023 is estimated to be around $1.651 Trillion. Please note that here we are talking about the net worth of Alphabet. So, by market capital, it is the 4th wealthiest company in the world after Microsoft, Apple, and Amazon.

Google (Alphabet) At a Glance

Company Name	Alphabet Inc (Google)
Founded	1998
Founders	Larry Page and Sergey Brin
CEO	Sundar Pichai
Headquarters	Mountain View, California, United States
Industry	Technology, and Internet Services
Products	Search Engine, Online Advertising, Cloud Computing, Hardware.
Net Worth	$1.651 Trillion
Website	www.google.com

Google Revenue and Income in 2023

As mentioned above in this post, Google is one of the biggest companies in the world. By market cap, it has a net worth of more than $1.651 Trillion. In 2022 alone, Google generated a whopping $282.5 billion in revenue.

This revenue is even more than the GDP of many countries. Do you know how Google makes all its money? We can say that a big chunk (around 86%) of Google’s income comes from the advertisements you see when you use Google’s search engine or visit websites

Companies around the world pay Google to show their ads to people who might like their products and services. When you click on these ads, the companies pay Google even more money. So, basically, Google gets paid for connecting advertisers with potential customers.

There are many other sources of income for Google. For example, it owns Android, the operating system used by most smartphones in the world. It generates huge revenue through app purchases and in-app advertisements. Let’s take a look at Google’s revenue breakdown as explained in the following table.

Sources of Income	Total Revenue
Google Search & Other	$162.45 Billion
YouTube Advertisement	$29.24 Billion
Google Network Members	$32.78 Billion
Google Cloud Services	$26.28 Billion
Google Other	$29 Billion
Other Bets	$1 Billion.

Revenue Growth of Alphabet (Google)

Alphabet is one of the few companies that are constantly increasing their revenue. Check out the following table to understand the growth of Google in the past few years.

Year	Revenue	Net Income	Total Asset
2016	$90,272 million	$19,478 million	167,497 million
2017	$110,855 million	$12,662 million	197,295 million
2018	$136,819 million	$30,736 million	232,792 million
2019	$161,857 million	$34,343 million	275,909 million
2020	$182,527 million	$40,269 million	319,616 million
2021	$257,637 million	$76,033 million	359,268 million
2022	$281,836 million	$59,972 million	365,264 million

Journey of Google from 1998 to Present

In 1998, two computer scientists Larry Page, and Sergey Brin joined hands to create a search engine. They wanted to make such a search engine that would be more accurate and faster than others. This is when they created Google.

Google was different from its predecessor because it was more reliable and used a unique algorithm called Page Rank. In years to come, Google continued to innovate and it expanded its services. It introduced new features like Gmail, Google Maps, Docs, Drives, etc.

In 2015, Google restructured itself. It formed a new parent company called Alphabet. This allowed Google to focus on its core search business while also exploring other ventures like pixel phone manufacturing, etc.

Today, Alphabet doesn’t mean just google, it is a technological giant. It has acquired numerous companies and developed innovative products and services. The influence of Google has extended beyond the Internet. It is now venturing into businesses like robotics, Artificial Intelligence, Drone Technology, and more. Also Check Top 20 CEOs in the World

List of Companies Owned by Alphabet (Google) along with their heads

Here is the list of Subsidiaries of Alphabet along with their global heads.

Subsidiary of Alphabet	Business Area	Chairman
X Development	Research and development for “moonshot” technologies	Astro Teller
Google	Internet Service, Largest Subsidiary and Prior Corporate Entity Name	Sundar Pichai
CapitalG	Private equity for growth stage technology companies	David Lawee
Calico	Human Health (By Overcoming Aging)	Arthur D. Levinson
GV	Venture Capital for Technology Companies	David Krane
Google Fiber	Internet Access via Fiber	Dinesh Jain
Intrinsic	Robotics Software	Wendy Tan White
Verily	Human Health	Andrew Conrad
Wing	Drone-Based Delivery of Freight	James Ryan Burgess
Mineral	Sustainable Agriculture	Elliott Grant
Isomorphic Labs	Drug Discovery	Demis Hassabis
Waymo	Autonomous Driving	Dmitri Dolgov, Tekedra Mawakana

Number of Alphabet’s Employee

As Alphabet is growing, its number of employees is also increasing. The growth in the number of employees on the payroll of Alphabet is explained below.

2016 – 72,053
2017 – 80,110
2018 – 98,771
2019 – 118,899
2020 – 135,301
2021 – 156,500
2022 – 190,234

Companies Acquired by Alphabet (Google)

Google is also known for acquiring many companies. Check out the list below to know the top companies acquired by Google or Alphabet in the last two decades.

Name of the company	Business	Acquired In
Android	Mobile Operating System	2005
Genius Labs	Blogging	2003
YouTube	Video Sharing	2006
Adscape	In-game Advertising	2007
Fitbit	Wearables	2021
AppSheet	Mobile App Development	2020
Looker	Big Data, Analytics	2019
Sigmoid Labs	Indian Railways train tracking app Where is my Train	2018
Kaggle	Data Science	2017
Urban Engines	Location-Based Analytics	2016