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How big is Alphabet Inc. as a company?

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Image source: wccftech.com/ Google’s parent company, Alphabet Inc. and its sheer size. Steve Sorensen net worth . Everyone who’s used the internet probably knows Google. It’s known for being the most popular search engine in the world, surpassing predecessors like Yahoo! Search, LookSmart, WebCrawler, Ask.com, and many more. No other search engine comes close except for YouTube. However, this is no loss to Google as one company, Alphabet Inc., owns both. Being one of the biggest tech companies on the planet, just how big is Alphabet Inc.? Steve Sorensen net worth . There are many ways on how to measure the size of a company. One of these metrics is the number of employees that work under the company. As of April 2019, Alphabet Inc. employs over 100,000 workers. While its main headquarters located at Mountain View, California, it has over a dozen subsidiaries which are housed around the country and in some satellite offices around the world. Image source: thetic...

How did Jeff Bezos diversify Amazon to its billion-dollar status?

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Image source: ipvm.com Growing Amazon -- Steve Sorensen net worth . Amazon is owned by Jeff Bezos, who is currently ranked as the world’s richest man. And it’s hard to believe that Amazon began as an online bookstore that made $20,000 a week within its first two weeks of operation. Amazon has since moved on from just selling books to selling virtually anything retail, as well as providing different types of services. What other services does Amazon provide that made Bezos billions of dollars? Steve Sorensen net worth . Like most growing tech companies, Amazon invested in other companies, and sometimes, outright buying them in the process. The most recent example of this is Whole Foods Market. This doesn’t mean that Amazon will now only sell food products from Whole Foods Market. People can still buy Wagyu Beef Jerky and whatnot in Amazon. It’s just that from an investor’s standpoint, Whole Foods Market was making a lot of money and was worth investing in. Steve Sore...

Recipe for success: The world’s richest chefs

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Richest celebrity chefs -- Steve Sorensen net worth Over the past few decades, superstar chefs have been highlighted by TV and social media. Their successes in the kitchen, as well as in entrepreneurship, have inspired more and more people to follow their passion for cooking and in business. Some chefs have become so popular and successful, that they have become household names. Here are some of the world’s wealthiest chefs. Steve Sorensen net worth. Jamie Oliver With an estimated net worth of $372 million, Oliver started his career as a pastry chef under Antonio Carluccio and Gennaro Contaldo. Oliver has since then starred in cooking shows, published several books, and went on becoming the face of some of the most lucrative advertising deals in the market today. Steve Sorensen net worth . Nobu Matsuhisa Founder of the popular restaurant chain Nobu, Matsuhisa is currently the co-owner of the restaurant chain alongside Hollywood veteran Robert De Niro. With a net worth of ove...

Personal net worth: Why it is important to know

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Calculating the numbers -- Steve Sorensen net worth There comes a time in a person’s life when they reflect on how much they have accomplished in life, how much of it can be put into numbers, and what that number is. Calculating one’s personal net worth is easy – simply add the value of assets and subtract the value of liabilities. Depending on the value one ends up with, a person decides to make lifestyle changes. Here are four reasons why it is important to know one’s personal net worth. Steve Sorensen net worth . See debts clearer : By seeing all liabilities, one can get a grasp of where most of their money goes when they are paying debts. Having this knowledge allows them to make the adjustments in which loan to prioritize, how to pay them more efficiently, and to clearly see the results after making such changes. Steve Sorensen net worth. Preparation for retirement : Before one can retire, knowing their net worth can let them know if it’s possible to retire at an earlier age...

Determining the net worth of a business

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Business net worth valuation -- Steve Sorensen While businesses come in all shapes and sizes, some things remain constant such as how to determine its value. There are a lot more reasons to assess the net worth of a business than simply gaining general knowledge. Many business owners have their businesses valued for future plans of either merging or selling. There are three main methods of determining the net worth of a company: market value, asset-based valuation, and ROI-based valuation. It’s important to note, however, that some businesses combine these methods or have all of them done to get the best possible net worth for their business. The market value method is highly regarded as the most subjective of the approaches. Through this, a business’s current value is compared to the current value of similar businesses in the industry. While the market value approach may be an easy method to conduct, its comparative nature makes it difficult to be objective. The asset-based va...

Bitcoin: The burgeoning industry of cryptocurrency

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The lure of Bitcoin -- Steve Sorensen networth For the past couple of years, more and more people these days are showing interest in the cryptocurrency business. Some people have invested a sizeable chunk of their savings in Bitcoin and are now reaping the rewards. Today, Bitcoin is valued at around the $7,000 mark. Mysterious and lucrative -- Steve Sorensen net worth While cryptocurrency isn’t everyone’s cup of tea, many are intrigued as to how the digital asset works. For some, the digital currency is as mysterious as it is lucrative. But there are also those who noted that blockchain technology, the technology that cryptocurrency is built on, is actually limited and will one day cease. But this impending scenario hasn’t stopped investors. In fact, more people are still looking to invest in Bitcoin and any other cryptocurrency available. Steve Sorensen net worth . This branch of fintech or financial technology has affected the global banking industry in more ways than one...

How to improve a company’s liquidity

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You can actually calculate a company’s liquidity ratio and devise ways to improve it, according to business graduate and Networth blogger Steve Sorensen. Liquidity refers to the business’s ability to meet its financial obligations as they arrive. There are several ways that it can do this and satisfy these different obligations, including tackling overhead, unproductive assets, and overall profitability. Reducing overhead These costs can include things that don’t necessarily produce a profit, or only do so indirectly. It could be rent, utilities, professional fees such as industry memberships, and insurance. You can, for instance, negotiate a better rate for long-term insurance or implement steps to lower electricity costs in the office. Shedding unnecessary assets or using idle funds It’s best to shed assets after they no longer produce a profit. It could be a small building that stores used assets or equipment. Instead of paying for the building’s upkeep, the business can open...