BlackRock, itself is also owned by shareholders. The biggest shareholder is Vanguard. The elite who owns Vanguard apparently do not like being in the spotlight but of course they cannot hide from who is willing to dig. Reports from Oxfam and Bloomberg say that 1% of the world, together owns more money than the other 99%. Even worse, Oxfam says that 82% of all earned money in 2017 went to this 1%. In other words, these two investment companies, Vanguard and BlackRock hold a monopoly in all industries in the world and they, in turn are owned by the richest families in the world, some of whom are royalty and who have been very rich since before the Industrial Revolution. To put this into perspective, BlackRock, an investment firm, has more power than most governments on Earth, and it also controls the Federal Reserve, Wall Street mega- banks like Goldman Sachs and the WEF’s Great Reset, according to F. William Engdahl, a strategic risk consultant and lecturer who holds a degree in politics from Princeton University (2021, Mercola). As of 2021, Vanguard has more than $7.50 trillion in assets under management (AUM), second to BlackRock, Inc ($9.01 trillion AUM). The company is headquartered in Pennsylvania. Vanguard is the largest issuer of mutual funds in the world and the second-largest issuer of exchange-traded funds (ETFs). It has 209 U.S. funds as of 2021. It has one of the largest bond funds in the world as of 2021, the Vanguard Total Bond Market Index. Vanguard prides itself on its stability, transparency, low costs, and risk management. It is a leader in the area of offering passively managed mutual funds and ETFs. Vanguard was founded by John C. Bogle as part of the Wellington Management Company. Bogle earned his degree from Princeton University. The fund grew out of a bad decision Bogle made on a merger. Bogle was removed as the head of the group, but he was still allowed to start a new fund. The main stipulation of allowing Bogle to start the new fund was that it could not be actively managed. Due to this
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