Handful of Companies Control The World Economy

Image: The network of global corporate control, Vitali, et. al.

The Top 50 Control Holders*

1. BARCLAYS PLC (GB)
2. THE CAPITAL GROUP COMPANIES INC (US)
3. FMR CORP (US)
4. AXA (FR)
5. STATE STREET CORPORATION (US)
6. JPMORGAN CHASE & CO. (US)
7. LEGAL & GENERAL GROUP PLC (GB)
8. THE VANGUARD GROUP, INC. (US)
9. UBS AG (CH)
10. MERRILL LYNCH & CO., INC. (US)
11. WELLINGTON MANAGEMENT CO. L.L.P. (US)
12. DEUTSCHE BANK AG (DE)
13. FRANKLIN RESOURCES, INC. (US)
14. CREDIT SUISSE GROUP (CH)
15. WALTON ENTERPRISES LLC (US)
16. BANK OF NEW YORK MELLON CORP. (US)
17. NATIXIS (FR)
18. THE GOLDMAN SACHS GROUP, INC. (US)
19. T. ROWE PRICE GROUP, INC. (US)
20. LEGG MASON, INC. (US)
21. MORGAN STANLEY (US)
22. MITSUBISHI UFJ FINANCIAL GROUP, INC. (JP)
23. NORTHERN TRUST CORPORATION (US)
24. SOCIÉTÉ GÉNÉRALE (FR)
25. BANK OF AMERICA CORPORATION (US)
26. LLOYDS TSB GROUP PLC (GB)
27. INVESCO PLC (GB)
28. ALLIANZ SE (DE)
29. TIAA (US)
30. OLD MUTUAL PUBLIC LIMITED COMPANY (GB)
31. AVIVA PLC (GB)
32. SCHRODERS PLC (GB)
33. DODGE & COX (US)
34. LEHMAN BROTHERS HOLDINGS, INC. (US)
35. SUN LIFE FINANCIAL, INC. (CA)
36. STANDARD LIFE PLC (GB)
37. CNCE (FR)
38. NOMURA HOLDINGS, INC. (JP)
39. THE DEPOSITORY TRUST COMPANY (US)
40. MASSACHUSETTS MUTUAL LIFE INSUR. (US)
41. ING GROEP N.V. (NL)
42. BRANDES INVESTMENT PARTNERS, L.P. (US)
43. UNICREDITO ITALIANO SPA (IT)
44. DEPOSIT INSURANCE CORPORATION OF JP (JP)
45. VERENIGING AEGON (NL)
46. BNP PARIBAS (FR)
47. AFFILIATED MANAGERS GROUP, INC. (US)
48. RESONA HOLDINGS, INC. (JP)
49. CAPITAL GROUP INTERNATIONAL, INC.(US)
50. CHINA PETROCHEMICAL GROUP CO. (CN)

*according to the paper The network of global corporate control