Recently the world was shocked by sensational news – Apple’s market capitalization topped $700 billion for the investor and major shareholder of the company Karl Aiken estimated value per share of the Corporation at $240, $91 above their current value. According to Icana, Apple’s market capitalization is expected to be about $1.3 trillion.
Let’s leave the question of justice for the cost of the shares, and accept the fact that Apple is the world’s largest company. Resource Сont.ws asked a simple question: who owns the company, at a cost equal to the budgets of several European countries combined?
It would seem that a major shareholder Carl ican – an eccentric billionaire, cynical businesswoman, known for the raider and extortionist, Starscream, and more. In fact, he often mentioned in the media as the main shareholder and newsmaker. There is still Tim cook – CEO of Apple, but he’s a figure appointed by the shareholders, i.e. the owner is not in any way.
However, having carefully studied the situation, we find a surprising fact – billionaire Carl Aiken owns only 1% percent of shares in Apple. Of course, the cost of even one percent – a staggering amount, but it’s only one-hundredth part! Where’s the rest? The issue is not that hidden, but the media not only ignored, but openly falsified.
Is it hard to see the open and official data from the shareholder register? There is nothing easier and we can easily do that yourself:
- Vanguard Group, Inc. (The) – 5.68 per cent
- State Street Corporation – 4,11 %
- FMR, LLC IS 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. open, but Carl ican is not included even in the top ten largest shareholders of Apple. Who are they, these mysterious real owners?
In the first place Vanguard Group. For a lay reader, and for many economists, the name is unfamiliar, although in any directory you can find the information that the company controls assets of $ 2 trillion ($2000 billion). Three times the cost of the same Apple. Here are such prudes. Actually the amount of assets under their control several times more, but we’re going to get later.
Before proceeding to further analysis of the shareholder structure Apple should make a small digression.
The ideals of democracy and the picture for the media, which serves as a smokescreen for the true owners, not very well with the fact that all major global companies are owned by the same bunch of people. How to hide this obvious contradiction? It’s very simple – it is necessary to create the appearance that the owners (shareholders) alleged many and they are all “different”.
Really, how can “the masters of the world” to have a measly 5-6% of the shares? Yes any liberal will laugh in your face if you tell him that. The fact that these “pathetic six percent” cost $40-50 billion does not bother anyone with such a modest package is guaranteed to put your CEO is already a problem. For complete control of companies with a turnover of hundreds of billions of dollars required 20% – no longer need as competitors to collect a bag anymore – it is impossible. And suddenly, some Chinese will buy 7% of the shares and they will be able to run the business in the largest American company?
“Not gonna happen!” – decided a long time ago the real masters of the world and insure.
To understand how they exercised total control and observe the visibility of the absence of a single host, we return to our list of Apple shareholders. In second place – State Street Corporation, owns 4,11%. And who the largest shareholders of him?
Deeper look who is the shareholder of the Price (T. Rowe) Associates Inc. And we see all the same friends: Vanguard and BlackRock (remember this name, it is often seen walking hand-in-hand with our main character). That is, in exactly the same fashion monster Vanguard controls and second principal shareholder of the company Apple. Simple technique and a 10% stake in Apple in his pocket. But that’s not all.
In the first ten there are two offices with a similar name BlackRock & Loblaw and the third time the name is mentioned in the BlackRock shareholders State Street (at the Vanguard of such subsidiaries dozens – so that is not the fact that we all their possessions will be able to calculate even approximately – even the biggest). Naturally among the owners of BlackRock, we find all the same person.
Add another four percent and received 14% of Apple stock is holding one office – Vanguard! And again, that’s not all. What’s left on the figurehead among Apple owners?
FMR LLC (Fidelity Management and Research), Fidelity Investments similarly we find exactly the same name among the shareholders: Blackrock, Vanguard, State Street and so on. That is, the Fidelity is again controlled by the Vanguard Group!
Total: a Treasury of modest 17%.
In fact, future research there’s no point – all the other investors have about 1% or less.
Wonderful scheme of mutual ownership and cross-shareholding. And if any of the shareholders does not seem associated with Vanguard directly, its shareholders – precisely under their control, and even in the third iteration(level) will be the same.
1. Officially, the main shareholder of Apple. For comparison, the one that publicly represents the single largest shareholder of Apple – Karl Aiken has only 1% share, which is five times less than one of this package.
2. Vanguard also has major stakes in almost all other companies that own large shares of Apple. But that is not enough!
3. The vanguard, not only owns the largest shares, but controls still and shareholders of companies from paragraph 2.
Here’s the picture emerged today of the investigation. The world’s largest companies – these banks are Bank of America, JP Morgan, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.
Let’s see who their major shareholders:
- 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 ivpc of NY Mellon.
- Wells Fargo: Berkshire Hathaway, FMR, State Street, Vanguard Group, Capital World Investors, BlackRock, Wellington Mgmt, AXA, T. Rowe and Davis Selected Advisers.
The largest financial company fully controlled by ten institutional and/or stock shareholders, which include a core of four companies that are present in all cases and at all decision: Vanguard, Fidelity, BlackRock and State Street. They all “belong together”, but if gently tamp the balance of shares, it becomes clear that in fact the Vanguard controls all those of its partners or competitors, that is, Fidelity, BlackRock and State Street.
Now look at the “tip of the iceberg”. That is, for a few, selected as the largest, companies in various industries, controlled by this “Big four”, but upon closer examination – just Vanguard Corporation: Alcoa Inc. Altria Group Inc., American International Group Inc., AT&T Inc., Boeing, Caterpillar, Coca-Cola, DuPont & Co., Exxon Mobil, 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, Merck & Co. Inc., Microsoft, 3M Co., Pfizer Inc., Procter & Gamble Co., United Technologies Corp., Verizon, Wal-Mart Stores Inc. Time Warner, Walt Disney, Viacom, Rupert Murdoch’s News Corporation, CBS Corporation, NBC Universal.