FORTUNE GLOBAL FORUM Monday, November 2nd, 2015 2015 FORTUNE GLOBAL FORUM San Francisco, CA, USA 6:30-9:30 pm RECEPTION AND OPENING DINNER High on the headlands above the Golden Gate—where the Pacific Ocean spills into San Francisco Bay—stands the California Palace of the Legion of Honor, one of San Francisco’s most beautiful museums. Participants will enjoy a spectacular dinner at which we will honor Fortune’s Business People of the Year and engage in conversation with one of industry’s most respected leaders: Google Co-founder and Alphabet Inc. CEO Larry Page. Speaker: Larry Page, CEO and Co-founder, Alphabet Inc. Moderator: Alan Murray, Fortune Co-hosted by Make in India Photograph by Stuart Isett/Fortune Global ForumPhotograph by Stuart Isett — Fortune Global Forum
Fortune’s 2014 Businessperson of the Year electrified the business world with far-out “moon shots” like self-driving cars, balloons that provide Internet connections, and life-extending science. This year, Page signaled that he intends to make those side projects into real businesses, reorganizing Google into a holding company called Alphabet. It will be years before the “Other Bets” segment turns a profit, but until then investors can take comfort in the healthy operating margins—26% on average this year—of Google’s advertising business. Revenue grew 20% annually for the past three years, with profits ascending at a comparable rate, even amid aggressive competition for mobile ad budgets from the likes of Facebook.