Russia fines Google $20 decillion - or around $20 billion trillion trillion

ByHanna Ziady CNNWire logo
Thursday, October 31, 2024
ABC7 Chicago 24/7 Stream
ABC7 Chicago 24/7 Stream

LONDON -- Russia is seeking an unfathomable sum of money from one of the world's biggest tech companies.

Google reportedly owes the Kremlin more than 2 undecillion rubles - a 2 followed by 36 zeroes - after refusing to pay fines for blocking pro-Russian channels on YouTube.

The virtually unpronounceable penalty amounts to $20 decillion - or around $20 billion trillion trillion. That dwarfs the size of the global economy.

At $110 trillion, according to International Monetary Fund figures, world gross domestic product looks modest in comparison. Google parent Alphabet, meanwhile, has a market value of around $2 trillion.

Russian state media TASS reported this week that a Russian court has ordered Google to restore the YouTube channels or else face mounting charges. If the fine is not paid within nine months, it starts to double every day, a lawyer involved in the case told TASS.

"Google can return to the Russian market only if it complies with the court's decision," TASS reported.

CNN has contacted Google for comment. In quarterly earnings published this week, the company referred to "ongoing legal matters" relating to its business in Russia.

"Civil judgments that include compounding penalties have been imposed upon us in connection with disputes regarding the termination of accounts, including those of sanctioned parties," Google said. "We do not believe these ongoing legal matters will have a material adverse effect (on earnings)."

Following Russia's full-scale invasion of Ukraine, Google curtailed operations in the country but stopped short of pulling out altogether, in contrast with several other American tech companies. Many of its services, including Search and YouTube, continue to be available in the country.

Months after the invasion, Google's Russia subsidiary filed for bankruptcy and paused most of its commercial operations after the government seized control of its bank accounts.

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