The Biggest Companies that You've Never Heard Of

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The Ones You've Heard Of

If someone asked you what the biggest, richest company is, what would you say? Chances are, you'd probably say Amazon, Apple, Google, Microsoft, or something along those lines. So which one is technically the richest? On most lists, Apple usually comes out on top for being worth the most. Currently Apple's networth is over 3 trillion (More than the GDP of France). But is that the straight up answer? Not really.

Companies from the Past

While companies today are bound by limitations such as human rights and the inability to form monopolies, companies in the past didn't have this problem. Some of the richest companies from the past were the:

-    The Dutch East India Company

-    The British East India Company

-    Standard Oil (Rockefeller's Company)

-    The Mississippi Company

-    The South Sea Company

Most of you have probably heard of the British and Dutch East India companies as well as Standard Oil, but I decided to include them as well.

The South Sea company was almost like a pre-modern Ponzi Scheme. Pretty much, they were selling more stocks than they actually had. They dealt in massive amounts of bribery, and took advantage of the British national debt. In the end, they accumulated about 4 trillion, before collapsing and completely ruining thousands of people who had invested.

The Mississippi Company was created by John Law, and worked closely with the French Government. It used sold shares in the company for paper money, he generated enough money to dominate the French trade. It created whats known as a economic bubble. Pretty much when a company generates massive amounts of money but then loses almost all of it soon after. At it's height, it was worth 6.5 trillion dollars. For comparison, Japan and Germany's annual GDP's aren't even 5 trillion.

Standard Oil - John D. Rockefeller took control over the United State's oil trade and formed a monopoly over it. At it's height, it was worth over 1 trillion dollars.

The British East India Company - This behemoth of a company controlled all of India at its height. It formed a monopoly over trade, and at it's height, it had twice as many soldiers as the actual British Army. Eventually it was disbanded and the British Government took control.

The Dutch East India Company - Often overshadowed by the British East India Company, the Dutch East India Company managed to accumulate 7.6 trillion dollars in today's money at its height. It's monopoly over Indonesia and other areas allowed it to grow massively.

Modern Companies Most People Don't Know

These are modern day companies that just aren't as well known as other companies.

Saudi Aramco - Originally a American Oil Company, the Saudi Arabian government took control of it in 1988. Currently, Saudi Aramco's market cap is valued at 2.145 trillion US dollars. Ranking it above both Amazon and Alphabet Inc. (Google). 3rd overall.

Nvidia - Nvidia's market cap is currently 1.156 trillion US dollars, ranking above companies like Tesla and Walmart, but still far below companies like Google and Microsoft. Centered in the USA, they specialize in technology.

The Hidden Giants?

While you are probably thinking that Apple, and the Dutch East India Company were rich (if you actually read the article and didn't just skip all the way down to the bottom) but these companies will blow them out of the water.

Blackrock and Vanguard Inc. both control trillions of dollars in assets. While technically these assets are controlled by the corporations and people that invest in them, both can heavily influence the global markets.

Blackrock currently manages about 9.4 trillion dollars worth of assets. They currently are massive shareholders in Disney, Amazon, Google, and many other major companies.

Vanguard currently manages about 7.7 trillion dollars worth of assets. They are massive shareholders in many major companies similar to Blackrock, and they own large shares of Disney, Amazon, Google, and too many others too list.

Pretty straightforward, right? You think you've gotten the gist of the article? It gets a lot more complicated than that though. State Street Inc. is the 4th largest controller of assets after Blackrock, Vanguard, and Fidelity. Vanguard owns 11.94% of State Street, and Blackrock owns 5.24%. Additionally, Vanguard owns about 10.58% of the multi-international conglomerate company Berkshire Hathway and Blackrock owns about 5.81% of it. To add a even bigger twist to this whole confusing situation, Vanguard actually owns 8.23% of Blackrock and Blackrock owns 13.32% of Vanguard.

Rough Diagram of the Major Companies they have shares in.

Its even more confusing when you consider that they own shares of companies that own dozens of other companies. Disney for example owns Marvel, Lucasfilm, Disney World, Disney+, Pixar, etc.

Map of all the companies Disney Owns

So lets take Avengers Endgame for this example. It generated about 2.798 billion dollars. It was produced by the Marvel franchise, which was bought out by Disney. Still simple. State Street invested in Disney, and Blackrock invested in State Street. Charles Schwab Investment Management invested in Blackrock, which by extension invested in State Street and Disney. But lets not forget that Vanguard has invested in all of these companies, by the chain of investments and independently. And most importantly, State Street, Vanguard, and Blackrock all invested in each other.

I could have made this chain much longer and more complex, but I think you all get what I'm trying to show.

Final Words

So what's the big takeaway from all of this? That big conglomerates (investment companies) rule the world behind the scenes, secretly manipulating the entire human race? Probably (JK).

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Level 43
Dec 11, 2023
Sorry about the confusing blog, not my finest moment.
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Level 83
Dec 11, 2023
The stock market makes so little sense when you put it this way.

Companies A and B are worth $100 each. Company C, an investment firm, buys $25 worth of stock in each company -- now Companies A and B are still worth $100 each, albeit partly owned by C, but Company C can also go value its holdings at $50 and someone can invest in them against that money.

$250 worth of stock available on the market for $200 worth of actual economic productivity.

I must be wrong about this somewhere, someone more versed in economics please tell me why this scenario wouldn't work (I have to believe it wouldn't!)

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Level 43
Dec 11, 2023
Isn’t it a endless cycle if both companies invested in each other? Say company A made 100$, but company B owns 10% of them. Then Company B makes 10$, but company A also owns 10% of company B, so they made a dollar from Company B’s 10$. It just goes on and on in a endless cycle.
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Level 43
Dec 11, 2023
I honestly don't really know, my brain really hurt from just trying to write this.
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Level 59
Feb 27, 2024
well only 200$ of stock is really available to buy, as if company c sold their stock, their value would go down. So 75, 75, 50 is on market
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Level 50
Dec 13, 2023
Your blogs are all very interesting ideas. Keep it up! I always like new bloggers on this site!
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Level 63
Dec 14, 2023
Wow. Quizbyquiz, this one was great! I had actually heard of Blackrock and Aramco, but not some of the others
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Level 50
Dec 20, 2023
You said you were considering deleting this. I don't know why, but I think you should keep it. It's a great read.
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Level 43
Dec 21, 2023
I don't know, I sort of made it in about an hour and 1/2 without really looking over it because I was bored with studying. Now that I've re-read it over again I think I'm going to keep it.
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Level 73
Dec 30, 2023
This was really interesting! Didn't know about the "hidden giants".