Who exactly are the most powerful families who control the world?
Who is in control of the world? A question like this usually attracts eye-rolls, or conspiracy theorists waxing lyrical about the Illuminati (“the enlightened ones”). You may not even claim to care. But chances are it’s prime time to question the current state of play in the world.
It’s time to question governments obsessed with forcing regime changes and politicizing the repercussions of poorly-managed interventions into global nightmares such as ISIS, the European refugee crisis, the rise of far-right politics, and of course – the killing of thousands of innocent civilians.
Question why governments allow power to accumulate and be wielded without culpability by a mere handful of companies, creating a virtual monopoly that dominates the global economy.
The Occupy movement of 2011 dared to question social and economic inequality. Sadly, it suffered from a lack of focus and never quite managed to sustain the huge momentum it had initially built-up. It did manage to enlighten the public about the gross mismanagement and cavalier attitude towards financial risks undertaken by major banks and financial institutions, and it did considerable damage to Wall Street’s reputation – one that wasn’t exactly pristine, to begin with.
In the aftermath of the financial crisis, offending banks still continue grappling with billion dollar lawsuits. But no head honcho has yet been prosecuted. In fact, accusations against alleged wrongdoers haven’t even made it to court, while whistle-blowers have been marginalized or fired.
Are the major shareholders at these banks too powerful to be brought to justice? Is there is a nexus between the government and certain multinational conglomerates that allow hegemony to flourish, that renders the common man powerless against the financial power of the billionaire class? It may be so.
Global corporate control is vested among only 147 companies
After analyzing 43,060 transnational companies, systems theorists at the Swiss Federal Institute of Technology in Zurich found that global corporate control is wielded by a mere 147 companies. They include Barclays PLC, JP Morgan Chase & Co., Deutsche Bank AG, Credit Suisse Group, Goldman Sachs Group Inc., and Capital Group Companies Inc. Additionally, the study found that 737 companies control 80% of the wealth in the global economy.
A report in globalresearch.ca revealed that four banking giants – Bank of America, Wells Fargo, Citigroup and JP Morgan Chase are the major stockholders at literally all Fortune 500 companies. This is a significant revelation from “the too much power in too few hands” conversations revolving around the concentration of wealth and money – an awful amount of it. Here are some key points from the study:
- The top 25 US bank holding companies are owned by the US Trust Corporation, which dates back to 1853 and is currently owned by the Bank of America. Its directors have included Walter Rothschild, Exxon Mobil’s Richard Tucker, JP Morgan Chase’s Daniel Davison, Citigroup’s Daniel Roberts, and Morgan Stanley’s Marshall Schwartz.
- 10 banks possess control of 12 Federal Reserve Bank branches.
- A mere eight families control 80% ownership of the New York Federal Reserve Bank. According to Wikipedia, this is the largest branch (by assets) as well as the most active and influential of all the 12 Reserve Bank branches. They include the Rothschilds, Warburgs, and Rockefellers.
Families who control the world
Who is in control of the world? The elite has access to a lot of the opportunities not afforded to the middle class or low-income class. From buying their way into admission into ivy-league schools and attracting investor interest for their business ventures by virtue of their multimillionaire parents’ or spouse’s connections, to getting away with a slap on the wrist for crimes that would probably cost the common man a jail sentence, privilege makes a big difference.
Here’s a brief discussion of the privileged few:
The Rothschild family – whose prowess for international finance, and grip over the banking industry goes back to the 1760s – does not flaunt its wealth, which is estimated to be in the trillions (they’re never featured on the Forbes annual list of the richest people or families on the planet).
Besides the aforementioned control over the Federal Reserve, the Rothschild dynasty owns and/or controls a bank in literally every country in the world, from the Bank of Afghanistan and the Bank of Central African States to the Bank of France, the Bank of Israel, the Central Bank of Norway and the Bank of Zambia.
Known for their philanthropic work, and being one of America’s wealthiest families, the Rockefeller family have a net worth in the billions, with the late patriarch David Rockefeller worth an estimated $3.1 billion. He also happened to be a founding member of the Bilderberg Group. There is a total of 81 Rockefeller homes on the National Register of Historic Places, and the Rockefeller name is emblazoned in several locations – from complexes and museums to art centers and park reserves across the United States.
Owners of luxury brands Cartier, Dunhill and Monte Blanc, the Rupert family is also a big player in the wine and brandy industry. They control most of the wine market and 80% of the brandy sales in South Africa. They also control a number of private hospitals and maintain controlling stakes in several businesses through their Remgro investment group.
America’s second-richest family is known for their immense influence on conservative U.S politics, their government lobbying arms and non-profits that have made their way into universities, and their absolute indifference towards the natural environment. With annual sales exceeding $100 billion and a family net worth of $86 billion, they’re expected to continue exercising control across business, politics, and academia.
5. Bush Family
The family that has ‘contributed’ two Presidents, two senators, and multiple governors, also have significant interests in oil and gas, having run oil companies since the 1950s, and a number of other profitable investment interests. The family’s net worth is not close to that of the Koch brothers or the Rockefellers. However, they can be expected to continue exerting their influence to further their financial fortune.
6. Du Pont Family
The Du Pont family’s history goes back to 1802. It was in this year that they negotiated the Louisiana Purchase between the United States and France. Today, the Du Pont Corporation is the second-largest producer of GMO seeds in the world. They are associated with political causes through their philanthropic connections. Organizations such as the Grand Opera House and The Jockey Club.
7. House of Morgan
The House of Morgan’s rise to power can be traced back to the time they donated gold to US Treasury during the Great Depression. Their wealth has bankrolled the creation of AT&T, GE, and US Steel, and the family is notorious for their history of providing war loans at commissions. The House of Morgan has the largest private gold vault in the world.
What are your thoughts on the elite class and modern-day aristocratic families? Elite classes and families that exert so much influence and power. They dictate how economies must move and countries must rule. Who really controls the world? Share your thoughts with us today.