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[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Do Blackrock and Vanguard really own all of these companies, or do their investors? Their investors are people who give their monies to money managers/investment managers at Blackrock and Vanguard.

BlackRock currently boasts more than $20 trillion in investments

BlackRock is not a 20 trillion dollar company. Apple is valued at 2.4 trillion. BalckRock is not the biggest company in the US, by revenue or market cap.

https://companiesmarketcap.com/usa/largest-companies-in-the-usa-by-market-cap/