In classic tech startup fashion, Larry Page and Sergey Brin founded Google in a friend's garage. As of July 2018, Google remains part of Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL), and is the world’s most-used search engine and one of the greatest entrepreneurial success stories in history. The two ticker symbols for the company represent two different classes of shares, A and C. The difference between the two lies in voting rights. The company also issued class B shares which are only owned by insiders and are not traded on the market. (See also: GOOG or GOOGL: Which Stock Do You Buy? )

It was announced on July 17, 2018 that Google plans to build its own private sub-sea cable. The cable will manage data traffic between Europe and the company's cloud campuses in Northern Virginia to provide a high-bandwidth connection for Internet traffic from the west coast of France to Virginia Beach. The move emphasizes Google’s increasing focus on Northern Virginia, which is a cloud stronghold for Amazon Web Services (AWS).

On July 18, 2018, Google was fined €4.34 billion ($5 billion) by the European Commission for using the Android mobile operating system to establish a dominant position in searches. The Commission said that the company broke antitrust laws by requiring that manufacturers install Google Search and Chrome apps in order to license Google's app store.

Alphabet was given 90 days to amend its business practices. Otherwise, the company will face further penalties of up to 5% of its average global daily turnover. Alphabet has said it plans to appeal the decision. The following are Alphabet's top shareholders.

Larry Page

Larry Page is the co-founder of Google and the chief executive officer (CEO) of Alphabet. Most of his daily responsibilities have been transferred to Sundar Pichai, who was appointed the new CEO of Google Inc. at the end of 2015. An advocate of clean energy, Page owns a number of homes using fuel cells, geothermal energy and rainwater capture systems. As of April 2018, Page owns 25,000 Class A Common Stock shares and over 20 million Class C Capital Stock of company. He is one of the richest people in the United States with a net worth of $55.3 billion as of July 2018, according to Forbes.

Sergey Brin

Born in Moscow, Russia, Sergey Brin and his family emigrated to the United States in 1979 when he was six. While completing his doctorate in computer science from Stanford, he met Larry Page, and the pair developed a search engine they called Google as a research project. The two founded Google in 1998, and when the company had its initial public offering in 2004, they both became billionaires.

Sergey Brin is the president of Alphabet, the parent company created in 2015 to house the corporate structure for numerous other projects. As of May 25, 2018, he owns 19.3 million Class C shares. Brin has a net worth of $53.8 billion as of July 2018, according to Forbes.

Eric Schmidt

Eric Schmidt served as the chief executive officer of Google for 10 years, from 2001 to 2011. In 2017, Schmidt announced he would be stepping down from his position as executive chairman of Alphabet, a position he has held since leaving his CEO position in 2011. Schmidt will be moving to a technical advisor role. As of May 25, 2018, Schmidt owns 16,475 shares of Class C Google Stock units and 1.28 million Class C Capital shares. He directly holds 35,397 Class A shares and 16,475 Class A Google stock units. He also indirectly holds 103,925 Class A shares. Schmidt has a net worth of $14.9 billion as of July 2018, according to Forbes.

Since March 2016, Schmidt has acted as Chairman of the White House Defense Innovation Advisory Board, which focuses on connecting the Department of Defense with Silicon Valley innovators and entrepreneurs and aims to enhance cooperation of public and private sectors.   

Sundar Pichai

Sundar Pichai was appointed as the new CEO of Google Inc. in October 2015. Prior to joining Google, Pichai worked in Applied Materials, McKinsey and earned an MBA from Wharton. Before being appointed to lead the company, Pichai served as senior vice president of products and prior to that was overseeing the Google's Android operating system. As of July 5, 2018, he holds 12,633 Class A Google Stock units, 102,498 Class C Google Stock units, 899 Class A shares, and 165,008 Class C shares, according to the company's SEC filing. 

John Doerr

John Doerr serves as chairman of venture capital firm Kleiner Perkins Caufield & Byers. He joined the firm in 1980. Earlier, he worked at Intel and co-founded two companies. KPCB has backed Amazon, AOL, Compaq, Electronic Arts, Google, Netscape and Twitter. Doerr led KPCB into Google in 1999, investing $12.5 million and transforming it into billions when Google went public in 2004. He directly holds 304 Class C Google stock units, 4,988 Class C shares, and 3,485 Class A shares. He indirectly holds 813,365 Class C shares. 

Institutional Holdings

According to the company's most recent SEC filings, 69.19% of Alphabet’s stock is institutionally owned. Vanguard Total Stock Market Index and the Vanguard 500 Index are the largest institutional holders of Google stock.

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