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Blackrock Own The World. Importantly BlackRock also works closely with central banks around the world including the US. Vanguard is the largest shareholder of BlackRock.
Blackrock Hit By Hefty Fine In Germany Business Economy And Finance News From A German Perspective Dw 23 03 2015 from www.dw.com
Bloomberg calls BlackRock The fourth branch of government because its the only private agency that closely works with the central banks. BlackRock currently manages over 1000 funds worldwide of which over 200 funds are available to private investors in Germany and Austria. They own the tobacco companies that produce all the popular tobacco brands but they also own all big pharmaceutical companies and the scientific institutions that produce medicine.
Companies which had combined sales of 91 trillion in 2015.
The biggest shareholder is Vanguard. BlackRock itself is also owned by shareholders. In total BlackRock and Vanguard own some 1600 US. Bloomberg calls BlackRock The fourth branch of government because its the only private agency that closely works with the central banks.
