MEP Mislav Kolakušić: “Blackrock, Vanguard, and State Street, funds most people have never heard of, control assets worth more than $15 trillion, which is 3 times more than the U.S. annual budget for 2020 ($4.79T) and more than the GDP of the People’s Republic of China. These funds have stakes in all major pharmaceutical, media, arms, transportations, and banks, which means that they not only own all the major world companies, but they truly own the economy.”
Notable Companies Under the Ownership of Blackrock/Vanguard
- Meta (Facebook, Instagram, What’s App)
- Alphabet (Google, Android, Youtube)
- Big Pharma (Pfizer, Moderna, Johnson & Johnson)
- Fox News
- New York Times
Of the top 10 media companies in the world, only Sony does not have these funds in its ownership structure.