larry-page-net-worth

Larry Page Net Worth

Business / By / August 8, 2023

Larry Page co-founded Google (now Alphabet) together with Sergey Brin. He controls the company tightly via a dual share ownership structure (made of Class A and B stocks). Alphabet is worth over a trillion dollars, valuing Larry Page’s stake in the company at around $70 billion.

 

 

How did we calculate Larry Page’s net worth?

We assume and compute Larry Page’s net worth primarily based on his ownership stake in Alphabet, his largest holding (though he also owns other assets).

According to official financial data, our estimate was based on 300,758,936 shares of Class A common stock and 44,404,426 shares of Class B common stock outstanding on April 5, 2022.

The market cap has been computed based on March’s 2023 data of a 1.23 trillion dollars market cap.

Larry Page ownership % =

(Class B shares owned by Larry Page are 19,494,224 / Total outstanding shares are 345,163,362) * 100 Larry’s ownership % = (19,494,224 / 345,163,362) * 100 โ‰ˆ 5.65%

Larry Page’s ownership stake value:

Larry’s ownership % / 100) * Market cap Ownership value = (5.65 / 100) * $1.23 trillion โ‰ˆ $69.545 trillion

Larry Page’s stake in the company is worth approximately $69.54 billion.

Key Highlights

  • Larry Page’s Significant Ownership Stake: Larry Page, the co-founder of Alphabet Inc., holds a substantial ownership stake in the company.
  • Number of Shares Owned: As of April 5, 2022, Larry Page owns 300,758,936 shares of Class A common stock and 19,494,224 shares of Class B common stock.
  • Alphabet’s Market Cap: Alphabet Inc.’s market capitalization, as of March 2023, is estimated to be around $1.23 trillion.
  • Larry Page’s Ownership Percentage: To calculate Larry Page’s ownership percentage, we divided the number of Class B shares he owns (19,494,224) by the total outstanding shares (345,163,362) and multiplied it by 100. His ownership percentage is approximately 5.65%.
  • Valuation of Larry Page’s Stake: Based on his ownership percentage and the market cap, Larry Page’s stake in Alphabet is valued at around $69.54 billion.
  • Additional Assets: Larry Page’s net worth may also include other assets, but his primary source of wealth is his ownership in Alphabet.

Related To Google

Google Business Model

google-business-model
Google is an attention merchant that – in 2022 – generated over $224 billion (almost 80% of revenues) from ads (Google Search, YouTube Ads, and Network sites), followed by Google Play, Pixel phones, YouTube Premium (a $29 billion segment), and Google Cloud ($26.2 billion).

Google Other Bets

google-other-bets
Of Google’s (Alphabet) over $282 billion revenue for 2022, Google also generated over a billion dollars from a group of startup bets, which Google considers potential moonshots (companies that might open up new industries). Those Google’s bets also generated a loss for the company of over $6 billion in the same year. In short, Google is using the money generated by search and betting it on other innovative industries. Of Google’s (Alphabet) over $282 billion revenue for 2022, Google also generated over a billion dollars from a group of startup bets, which Google considers potential moonshots (companies that might open up new industries). Those Google’s bets also generated a loss for the company of over $6 billion in the same year. In short, Google is using the money generated by search and betting it on other innovative industries. 

Google Cloud Business

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How Big Is Google?

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Google is an attention merchant that โ€“ in 2022 โ€“ generated $224 billion (almost 80% of its total revenues) from ads (Google Search, YouTube Ads, and Network sites), followed by Google Play, Pixel phones, YouTube Premium (a $29 billion segment), and Google Cloud ($26.3 billion).

Google Traffic Acquisition Costs

traffic-acquisition-cost
The traffic acquisition cost represents the expenses incurred by an internet company, like Google, to gain qualified traffic – on its pages – for monetization. Over the years, Google has been able to reduce its traffic acquisition costs and, in any case, to keep it stable. In 2022 Google spent 21.75% of its total advertising revenues (over $48 billion) to guarantee its traffic on several desktop and mobile devices across the web.

How Does Google Make Money

google-revenue-breakdown
Alphabet generated over $282B from Google search and others, $32.78 billion from the Network members (Adsense and AdMob), $29.2 billion from YouTube Ads, $26.28B from the Cloud, and $29 billion from other sources (Google Play, Hardware devices, and other services).

YouTube Business Model

how-does-youtube-make-money
YouTube was acquired for almost $1.7 billion in 2006 by Google. It makes money through advertising and subscription revenues. YouTube advertising network is part of Google Ads, and it reported more than $29B in revenues by 2022. YouTube also makes money with its paid memberships and premium content.

Google vs. Bing

google-vs-bing

Google Profits

google-income

Google Revenue Breakdown

google-revenue
In 2022, Google generated over $282 billion in revenues, of which over $162 billion from Google Search, over $29 billion from YouTube Ads, and almost $33 billion from Network Members’ properties. In addition, Google generated over $29 billion in other revenue, over $26 billion from Google Cloud, and over a billion dollars from other bets.

Google Advertising Revenue

how-much-money-does-google-make-from-search

Apple vs. Google

apple-vs-google

Google Employees Number

google-employees-number

Google Ad vs. Facebook Ad

google-ad-vs-facebook-ad

YouTube Ad Revenue

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YouTube, by 2022, generated over $29 billion in advertising revenues.

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About The Author

Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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