How much money is Google worth?
Google, everyone’s best friend and doctor, has been commanding the searches of the internet for the past 19 years.
The search engine was founded by Sergey Brin and Larry Page and is now one of the most successful inventions and companies in history.
Alphabet, Google’s parent company, has a current share price of $1,056 (£792) per share so what is the net worth of the internet powerhouse?
According to Forbes, Google is valued at $101.8 billion (£76.2 billion).
Alphabet, which looks after a wide variety of other projects, is worth over $600 billion (£450bn).
It is in the race to be the first trillion dollar company in the history of the world, though Apple is the current front-runner.
The search engine currently employs 61,814 people around the world and its headquarters are in Googleplex, Mountain View, California.
Google made $21.5 billion (£16.6 billion) in 2016, and every day in 2016, Google made over $58 million (£45 million).
The founders of Google, Larry Page and Sergey Brin, are both members of the rich list at numbers 12 and 13.
Collectively, the Stanford graduate pair are worth $80.5bn (£62bn).
When the pair set up Google, they launched a paper explaining why they didn’t want to create a company that was funded by advertising.
Advertising made up 91% of Google’s revenue in 2016.
Google is currently the world’s second most valued brand and is viewed as America’s second best employer behind Apple and Costco respectively.
Google Search, the website’s main search component, was the first facet of Google that became a reality.
Larry Page and Sergey Brin wanted to make a better system than the existing search engines that ranked results based on how many times the search term appeared on the page.
The pair thought a better idea would be to rank search results based on a website’s relationship among other websites and their ‘Page Rank’ technology determined a website’s relevance by the number of pages and the importance of those pages linked back to the original site.
Google was originally nicknamed BackRub, until Page and Brin misspelled the word googol which means the number 1 followed by 100 zeros and came out with the name Google for their invention.
Google is no longer just the search engine, the brand now encompasses a huge range of products such as mobile operating system Android, YouTube, Gmail, Google Docs, the Pixel phone, AdWords, Sheets, Slides, Google+, Google Maps, YouTube, Google Translate and Google Chrome
Alphabet is expanding into artificial intelligence, venture capital, smart homes, self-driving cars and much more.