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Considering Google's track record of locking people out of their accounts it'd be very risky to trust them with your password manager.
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This is very far from the top of the list of risks I should be concerned about. Basing your security decisions on the frequency with which you hear about something bad happening in the news is not a wise strategy. You have to consider that the user base of Google accounts is in the billions.
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> You have to consider that the user base of Google accounts is in the billions.

Basing your security decisions on "it'll never happen to me" because there are billions of other users who will get burnt first is not a wise strategy either.

Why take the chance when there are so many other alternatives that let you own your vault or at least companies that still have some semblance of a support team.

Losing a decade of my Google Maps Timeline data even with backups enabled was enough of a wake up call for me to realise the "billions" won't protect me.

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