Corporate Power Statistics: 147 Companies Control Everything GloballyOctober 25, 2011 3:15 am
We have spotted some statistics around how a very few percentage of people control the total wealth in the world. Today we spotted this:
“Three systems theorists at the Swiss Federal Institute of Technology in Zurich have taken a database listing 37 million companies and investors worldwide and analyzed all 43,060 transnational corporations and share ownerships linking them. They built a model of who owns what and what their revenues are and mapped the whole edifice of economic power.
They discovered that global corporate control has a distinct bow-tie shape, with a dominant core of 147 firms radiating out from the middle. Each of these 147 own interlocking stakes of one another and together they control 40% of the wealth in the network. A total of 737 control 80% of it all.”
Statistics Source: Forbes