Wealth Concentrations Like BlackRock And Vanguard Own Almost Everything

in LeoFinance3 years ago (edited)

BlackRock, Vanguard and Slate Street are the largest owners of corporations and own almost 90% of ALL S&P 500 firms.

blackrock-and-vanguard-ownership.jpg

Vanguard is the largest shareholder of BlackRock.
Vanguard and Blackrock are the MAJORITY owners of: Comcast, Time Warner, News Corp and Disney, which is most of media.

These four companies represent 90% of ALL MEDIA.(net worth is estimated and just for scale reference.
$210B - Comcast
$149B - Sony
$130B - Disney
$80B - TimeWarner
$15B - News Corp
$11B - National Amusements

Then you have this...


The game is rigged folks.

The stock market and the American economy as a whole is a giant circle jerk of mutual gas-lighting.

BUY DECENTRALIZED CRYPTO. RUN A NODE. MINE. LETS GET OUT OF THIS LEGACY GARBAGE.