The Vanguard Group belongs according to official data to investment funds that are under the control of the company’s subsidiaries, that is, to their ‘grandchildren.’ Although it is clear that the owners should be hiding real physical shareholders. The list of investment funds, the structure of their assets and their share in the largest company in the world are not disclosed.
And the founder of this mega-monster passed away on January 16th. He began his work at the management company Wellington Management Company, where he worked under the leadership of its founder, Walter L. Morgan.
Reason to remember one topic. Read further post interesting.
Recently, the world was shocked by the sensational news – the capitalization of ‘Bitten Apple’ exceeded $ 700 billion. (note – currently trillion)
But that’s not all:
‘Investor and main shareholder of Apple Carl Aikan estimated the price of one share of this company at $ 216, which is $ 91 higher than their current value. According to Aykan, Apple’s capitalization should be about $ 1.3 trillion’ (RBC)
Let’s leave the question of fairness at such a fantastic share price, and take it for granted that Apple is the world’s largest company. Let us ask a simple but sensitive question, who owns this company at a cost equal to the budgets of several European countries combined?
It would seem that the quote from RBC clearly and clearly states that the main shareholder is a certain Karl Aykan, an eccentric milieard, a cynical business shark, a well-known raider and ransomware, a brawler and much more. Actually, it is he who is most often mentioned in the media as the main shareholder and newsmaker. There is also Tim Cook – Apple CEO (the one that is official gay), but he is a figure appointed by the shareholders, that is, the owner is not the way.
However, having carefully studied the situation, we discover an amazing fact – billionaire Karl Aykan owns only 1 (one) percent of Apple shares. Of course, the cost of even one percent is a huge amount, but this is only one hundredth!
Where is the rest?
The question is not that hidden, but by the example of the same RBC is not only ignored, but also openly falsified in the media.
Is it really difficult to see open and quite official data from the register of shareholders? Nothing is easier, and we will easily do it ourselves:
Vanguard Group, Inc. (The) 5.68%
State Street Corporation 4.11%
FMR, LLC 3.07%
BlackRock Institutional Trust Company, N.A. 2.72%
Bank of New York Mellon Corporation 1.42%
Northern Trust Corporation 1.39%
BlackRock Fund Advisors 1.21%
Amazing. a discovery, but Karl Icahn is not even among the top ten Apple shareholders! Who are these mysterious real owners?
In the first place is the Vanguard Group – for the uninitiated reader, and for many economists the name is unfamiliar, although in any directory you can find information that the company controls assets of as much as $ 2 trillion ($ 2000 billion). Which is three times the cost of the same Apple! These are the modest. In fact, the amount of assets under their control is several times larger, but we will analyze it later.
Before proceeding to further analysis of the structure of shareholders and ownership, a small digression should be made.
The ideals of democracy (C) and the picture for the media, which serves as a cover for the true owners, are not very well combined with the fact that all the world’s largest companies belong to the same handful of people. How to hide this obvious contradiction? Everything is very simple – it is necessary to create the appearance that the owners (shareholders) are supposedly many and they are all ‘different.’
Indeed, how can the ‘masters of the world’ have a miserable 5-6% of the shares? Yes, any liberal laugh in your face, if you tell him that. The fact that these “miserable six percent” cost forty to fifty billion dollars does not bother anyone — with such a modest package guaranteed to supply its CEO, a problem already arises. For complete control of a company with a turnover of hundreds of billions of dollars, it takes twenty percent – no longer needed, because competitors cannot collect more than 20% of a bag (it will cost under a hundred yards $).
And suddenly, some Chinese will buy as much as seven percent of the shares and they will be able to fill everything in the largest American company?
‘Do not happen to this!’ – Decided long ago the real owners of the world and insured.
In order to understand how they carried out total control and observed the appearance of the absence of one owner, we return to our list of shareholders. In second place is the company:
State Street Corporation – owns 4.11%
And who are they, the average reader will ask?
And again Google (yahoo) to help us:
And who are the largest shareholders for him?
1.Massachusetts Financial Services Co (Canadian insurance company – who owns confused)
2.Price (T.Rowe) Associates Inc – 7%
3.Vanguard Group (where without him!) – 6%
4. BlackRock (the turn will come to him soon!) – 5%
We look even deeper who the shareholder is Price (T.Rowe) Associates Inc
and we see all the same acquaintances: Vanguard and BlackRock (remember this name, it is often met, walking hand in hand with our main character)
That is, in exactly the same manner, the monster Wangard controls the second main shareholder of Apple! A simple reception and ten percent of the shares of an apple are already in your pocket. But that’s not all!
In the first ten there are two offices with a similar name BlackRock & BlaBla and the third time the name BlackRock is mentioned in the shareholders of State Street. (by the way, Vangard has dozens of such subsidiaries – so that it’s not a fact that we can count all their possessions even approximately – even the largest ones)
Naturally, among the owners of BlackRock, we find all the same faces:
We add four more percent and we already receive 14% of all shares of Epla is held by one office – Vanguard! And again, that’s not all.
What else is there among the front owners of Yabluka?
FMR LLC (Fidelity Management and Research), Fidelity Investments in the same way we will find exactly identical names among shareholders: Blackrock, Vanguard, State Street and so on.
That is Fidelity – again controlled by the Vanguard Group!
Total: in the piggy bank ‘modest’ 17%.
Actually, there is no point in doing further research – all other investors have about 1% or less.
A wonderful pattern of mutual ownership and cross-shareholding. And if one of the shareholders seems to be not directly connected with Vanguard, then its shareholders are precisely under their control, and even in the third iteration (level) there will be the same thing.
That is Vanguard:
1. Officially – the main shareholder of Apple. For comparison, the clown who publicly portrays Apple’s largest shareholder, Karl Aykan, has only 1% of the shares, which is five times less than this one package.
2. Vanguard also has the largest stakes in almost all other companies that own large stakes in Apple. But that is not enough!
3. Vanguard, not only owns the largest shareholdings of shares, but also controls the shareholders of companies from paragraph 2. !!!
And in conclusion, a quote from Tatiana Volkova’s blog in the subject:
Oh sprint, pyramid – and in general the continuation about Vanguard
This is the picture that appeared on the investigation today. The largest companies in the world are banks of Bank of America, JP Morgan, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.
See who their largest shareholders are.
Bank of America: State Street Corporation, Vanguard Group, BlackRock, FMR (Fidelity), Paulson, JP Morgan, T. Rowe, Capital World Investors, AXA, Bank of NY, Mellon.
JP Morgan: State Street Corp., Vanguard Group, FMR, BlackRock, T. Rowe, AXA, Capital World Investor, Capital Research Global Investor, Northern Trust Corp. and Bank of Mellon.
Citigroup: State Street Corporation, Vanguard Group, BlackRock, Paulson, FMR, Capital World Investor, JP Morgan, Northern Trust Corporation, and Fairhome Capital Mgmt and Bank of NY Mellon.
Wells Fargo: Berkshire Hathaway, FMR, State Street, Vanguard Group, Capital World Investors, BlackRock, Wellington Mgmt, AXA, T. Rowe and David Selected Advisers.
Next, check for yourself. The largest financial companies are fully controlled by ten institutional and / or stock shareholders, from which a core of four companies can be distinguished, present in all cases and in making all decisions: Vanguard, Fidelity, BlackRock and State Street. They all belong to each other, but if you carefully balance the balance of share holdings, it turns out that Vanguard actually controls all of its partners or competitors, that is, Fidelity, BlackRock and State Street.
Now take a look at the ‘tip of the iceberg.’
That is, to several selected as the largest, companies in various industries controlled by this Big Four, and upon closer inspection, simply by Vanguard Corporation: Alcoa Inc. Altria Group Inc., American International Group Inc., AT & T Inc., Boeing Co., Caterpillar Inc., Coca-Cola Co., DuPont & Co., Exxon Mobil Corp., General Electric Co., General Motors Corporation, Hewlett- Packard Co., Home Depot Inc., Honeywell International Inc., Intel Corp., International Business Machines Corp., Johnson & Johnson, JP Morgan Chase & Co., McDonald’s Corp., Merck & Co. Inc., Microsoft Corp., 3M Co., Pfizer Inc., Procter & Gamble Co., United Technologies Corp., Verizon Communications Inc., Wal-Mart Stores Inc. Time Warner, Walt Disney, Viacom, Rupert Murdoch’s News Corporation, CBS Corporation, NBC Universal …