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'''The Vanguard Group, Inc.''' is a [[United States of America|Statesian]] imperialist company founded in 1975 which is among the largest shareholders of several different US companies. It manages more than $7 trillion in assets worldwide.<ref>{{News citation|newspaper=Financial Times|title=Vanguard’s assets hit record $7tn|date=2021-01-13|url=https://www.ft.com/content/3b80cd1d-8913-4019-b6aa-b6f6ddb155a5}}</ref> Together with [[BlackRock, Inc.|BlackRock]] and [[State Street Corporation]], they own more than $20 trillion in assets worldwide, which is about one fifth of the global wealth valued in $100 trillion.<ref>{{News citation|newspaper=Jacobin|title=With $10 Trillion in Assets, BlackRock Has Set a New Benchmark for Corporate Power|date=2022-03-22|url=https://www.jacobinmag.com/2022/03/index-funds-blackrock-vanguard-stocks-ownership-democracy-concentration}}</ref> | '''The Vanguard Group, Inc.''' is a [[United States of America|Statesian]] imperialist company founded in 1975 which is among the largest shareholders of several different US companies. It manages more than $7 trillion in assets worldwide.<ref>{{News citation|newspaper=Financial Times|title=Vanguard’s assets hit record $7tn|date=2021-01-13|url=https://www.ft.com/content/3b80cd1d-8913-4019-b6aa-b6f6ddb155a5}}</ref> Together with [[BlackRock, Inc.|BlackRock]] and [[State Street Corporation]], they own more than $20 trillion in assets worldwide, which is about one fifth of the global wealth valued in $100 trillion.<ref>{{News citation|newspaper=Jacobin|title=With $10 Trillion in Assets, BlackRock Has Set a New Benchmark for Corporate Power|date=2022-03-22|url=https://www.jacobinmag.com/2022/03/index-funds-blackrock-vanguard-stocks-ownership-democracy-concentration}}</ref> | ||
== References == | == References == | ||
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Latest revision as of 18:38, 23 October 2024
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The Vanguard Group, Inc. is a Statesian imperialist company founded in 1975 which is among the largest shareholders of several different US companies. It manages more than $7 trillion in assets worldwide.[1] Together with BlackRock and State Street Corporation, they own more than $20 trillion in assets worldwide, which is about one fifth of the global wealth valued in $100 trillion.[2]
References[edit | edit source]
- ↑ "Vanguard’s assets hit record $7tn" (2021-01-13). Financial Times.
- ↑ "With $10 Trillion in Assets, BlackRock Has Set a New Benchmark for Corporate Power" (2022-03-22). Jacobin.