Who Owns What in the World? Part-1

in hive-145160 •  3 years ago 

Hi there! This is my first writing on this topic. So, let's get started. There are 7.9 billion people in this whole world but do we all people own this world? Not, then who owns this world? It will be the people who have the most money and wealth who own this world.

The money and power flow proportionally. The more money someone possesses the more power he has. Starting from our society or a community we people who have more money and power control the society.

Now if we think it's a pyramid at the base we are the general people and countless societies then the towns, the cities, and the countries all are controlled by the people with power and money.

Here a question arises, so, the country leaders at the top of the pyramids? No, it's not. They are not at the top of the hierarchy of the pyramid.

Every moment money flows hands to hand and the money market is one of the financial systems. From the general view, the large companies own most of the money and wealth but this is just the beginning.

Let's dig deep down to the largest company shares in the world like Apple, Facebook, Google, PepsiCo, AT&T, etc the majority percentage of shareholders are from some individual institutional investors like Vanguard, BlackRock, Fidelity Investments, State Street, Morgan Stanley, etc. You will easily find them if you search through Yahoo Finance. These companies are asset management firms.

There are thousands of companies but they are closely related to one another like a web. Among them, some parent institutional investor companies, the companies that defend like walls to the individual's personals, the whales of the earth.

I will try to create posts every by searching and breaking down deep of these companies part by part every day. Thanks for reading my post. Special thanks to @greenman and others who are supporting me.

Source credit

Best Regards
@shahriar33

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!