Alphabet Inc. (GOOG) - Get Alphabet Inc. Class C Report (GOOGL) - Get Alphabet Inc. Class A Report was created in 2015 as part of a restructuring effort by Google to turn Alphabet into a holding company. Two years later, what companies does Alphabet own? You'd be surprised. Here are only 5 examples of Alphabet's many companies and projects.
1. X:The slightly secret research-and-development company that has developed projects like Waymo and Google Glass.
2. Google Fiber: Part of the Access initiative for Google, providing broadband and internet to a growing pool of subscribers.
3. CapitalG: Alphabet's growth equity investment fund that concentrates on more developed startups like Airbnb and Glassdoor.
4. Calico: Develops drugs with the intention to "cure death". They're working on drugs for diseases like cancer and Alzheimers.
5. Larry Page (the co-founder of Google) owns two secretive flying car companies, Zee Aero and the smaller Kitty Hawk. While not under the Alphabet umbrella, they'll assumedly become part of it soon.
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