Three systems theorists at the Swiss Federal Institute of Technology in Zurich
have taken a database listing 37 million companies and investors
worldwide and analyzed all 43,060 transnational corporations and share
ownerships linking them. They built a model of who owns what and what their revenues are and mapped the whole edifice of economic power.
They discovered that global corporate control has a distinct bow-tie
shape, with a dominant core of 147 firms radiating out from the middle.
Each of these 147 own interlocking stakes of one another and together
they control 40% of the wealth in the network. A total of 737 control
80% of it all. The top 20 are at the bottom of the post. This is, say
the paper's authors, the first map of the structure of global corporate
control.The Top Fifty Corporate Owners
1. Barclays plc
2. Capital Group Companies Inc
3. FMR Corporation
4. AXA
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc
11. Wellington Management Co LLP
12. Deutsche Bank AG
13. Franklin Resources Inc
14. Credit Suisse Group
15. Walton Enterprises LLC (holding company for Wal-Mart heirs)
16. Bank of New York Mellon Corp
17. Natixis
18. Goldman Sachs Group Inc
19. T Rowe Price Group Inc
20. Legg Mason Inc
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