Google Owners Make 2 Billion Dollars Less than an Hour

Picture making around 2 billion dollars in less than an hour.  That’s what happened on 4/18/08 with the founders of Google Sergey Brin and Larry Page yesterday. Here is what Two Billion dollars looks like in writing, 2,000,000,000.

I just cannot imagine the thought of being that rich, owning that many Google stocks and watching the stock markets everyday the way they have been for the last several months or so. Imagine coming home to your wife and saying honey we lost a billion and a half today and are down to only 4 billion dollars so you might want to hold off on your manicure until we are a little bit more financial secure than we are right now. The kids might have to brown bag it for awhile also honey.

According to an article on MSN.com at http://blogs.moneycentral.msn.com/topstocks/archive/2008/04/17/google-founders-made-2-billion-each-in-an-hour.aspx and at Google.com  http://ap.google.com/article/ALeqM5j7F-qckUWDWM71xrg0JIJQuJDRnQD904GORO0 Goolge stocks rose over 89 dollars a share earning over 28 Billion Doallrs on the day for the stock holders.  Wow is about all I can say.

Of course being that rich and owning so many stocks has it’s downfall also.  The stock peaked several months ago before taking a pretty good dip in the markets and at that time Sergey Brin and Larry Page both lost about 9 billion dollars each. Wow once again! The catch is I almost came real close to getting in when Google went public and mentioned it to some other people I know also. When the stock went to a bidding process it was expected to open at about $130.00 I believe which I thought was a little high. Also I didn’t have a clue about the way they were opening with the bidding process and how it would work out. Well it ended up opening a lot lower than the predicted 130.00 or whatever it was and who ever got into it at the beginning has done pretty, pretty, prett good for themselves.

Hopefully one of you who visit here were one of them people. If Sergey Brin and Larry Page happen to drive by our site feel free to slip a few stocks our way. We use google adsense on our sites which helped with the big surge in advertising profits for the quarter. The way Google adsense works and most likely is a big part of Googles advertising income is you add a banner or text links to your site and when visiters click on the advertisers add to visit their site Google cuts you in on the fee they charged for the click. It’s pretty much that simple and an example is the Google ad on the side of this post. You can read more about it by using the Google link below if you have a website it’s a good way to add a little extra income to your pockets.


Our guess and we are normally clueless so take it for what it’s worth is that Googles stock will continue to go up and get back to it’s previous high of around $747.00 a share.

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April 19, 2008 | Filed Under Financial 

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