Practice English Speaking&Listening with: 10 Companies That Secretly Control The World

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ten companies that secretly control the world number ten Nestle most of the

products that you buy are owned by surprisingly small number of

monopolistic companies take Nestle for example they own over 8500 different

brands in 80 countries they start off of the kind of brands you'd expect arrow

KitKat Milky Bar etc but then there are some products that you probably never

imagined would be owned by the chocolate giant such as shredded wheat Gerber baby

foods hot pockets and Purina pet food they also an approximately 23% of

cosmetic powerhouse L'Oreal which cell phones huge brands Garnier Maybelline

and The Body Shop and Nestle isn't the only food company whose Reach is greater

than you think Kellogg's owns big brands eggo Pringles

and cheese it Pepsi Co owns Quaker Oatmeal Cheetos and Tropicana and crafts

acquisitions range from Oreos to Vegemite and Cadbury to daringly so how

have Nestle used their massive clouds well as it turns out not always for good

in 2013 the company was accused of depriving locals of water in a small

Pakistani community by repurposing the local well for their bottled water

production company Pure Life number nine Lockheed Martin with global military

expenditures standing at over 1.7 trillion dollars every year it's no

surprise that companies producing and supplying weapons exert a huge amount of

power over world events Lockheed Martin is the world's largest weapons

manufacturer they employ 126 thousand people and rake in 69 point three

billion dollars a year in profit national militaries around the world

rely on Lockheed for example it's the USA's largest government contractor

receiving 10% of the Pentagon's funds they also supply weapons to Germany

India Israel Japan the UK and numerous other countries showing the

wide-reaching extent of their influence over worldwide conflicts however

Lockheed Martin's control has spread beyond even this they spend a great deal

of money on lobbying especially in America investing approximately 10

million dollars a year into this they tend to offer their financial support to

political candidates who advocate higher national defense spending in order to

ensure more investments in their own products clever

number eights quanta Computer Inc Mac versus PC

it's been one of the biggest rivalries of the technological age when buying a

laptop a lot of people have strong loyalties to one or the other

and it's a battle that shows no signs have died down anytime soon but at the

end of the day doesn't really matter max Dells HP Sony's Toshiba x' all these

laptops come from the same manufacturer quanta Computer Inc quanta is a

taiwan-based manufacturer of notebook computers and other electronic hardware

which was founded in 1988 the company has an estimated 31 percent worldwide

market share of notebook computers with approximately 70% of adults in the

Western world owning a laptop this equates to a simply

gigantic reach for quanta it has also grown beyond laptop production and now

has fingers in many technological ties quanta has influence in mobile

communication GPS systems and home entertainment in 2011 they even

collaborated with Facebook as part of the Oakland compute project which aimed

to create more efficient servers storage and data center hardware designs number

seven in bed it's no secret that alcohol plays a big role in society 56 percent

of American adults questioned in a 2015 national survey admitted to drinking in

the past month an estimated eighty eight thousand people die from alcohol-related

causes every year an excessive drinking cost the health services staggering two

hundred and twenty three point five billion dollars a year with such a

variety of temples available you would expect the responsibility for alcohol

consumption to fall into a large number of different companies but there is

actually only one company who has a huge monopoly of the beer industry InBev it

owns 46 percent of the beer markets in America and as a net profit of 3.4

billion dollars a year in fact most of the beers you can buy from a store

belong to the in that beer Empire including Stella Artois Budweiser X and

Corona InBev also have majority states and other huge companies such as grupo

modelo which makes most of the base in Mexico

basically whenever you're treating yourself to a beer or two there's a very

strong likelihood that your money will at some point end up in embarrass pocket

number six Pfizer the industry for painkillers antibiotics and vitamin

supplements is currently booming with experts estimating that the global

farmer market will reach one point one two trillion dollars by 2022

this basically puts a large portion of the world's population under the thumb

of the planets big pharmaceutical companies such as Pfizer

Pfizer is an American is global pharmaceutical corporation

making forty billion dollars in profit every year it's the largest research

based drug maker in the world with less products marketed in more than 150

countries the company therefore has a lot of control over millions of people's

were beings a responsibility that they had a questionably in 2016 the drug

giant was fired over 100 million dollars for illegally hiking up the price of an

anti epilepsy drug by two thousand six hundred percent overnight this directly

affected how much the UK's National Health Service had to pay and strip

fifty thousand people of potentially life-saving medication the production of

prescription drugs is the company's primary source of revenue but Pfizer's

worldwide control doesn't stop there they have behind numerous well-known

healthcare products such as Listerine and sudafed

as well as being a massively influential player in the animal health industry

number five Pierson Pierson is one of the biggest publishers of educational

material in the world despite being based in London 60% of its sales go to

the states and it operates in more than 70 countries the company owns numerous

educational publishing giants for example Penguin Harcourt and prentice

hall its influence over the American education system is so great that

theoretically you could be taking Pierson designed test from kindergarten

through to eighth grade you could study a piece and design curriculum using

Pierce and publish textbooks and be taught by teachers certified by Pearson

tests and with such a monopoly of the education sector Pearson has been able

to hike up prices without anyone really able to stop them over the last few

decades the cost of textbooks has arguably increased more than any other

aspects of education yes even more than college tuition according to The

Huffington Post textbook prices have increased a whopping eight hundred and

twelve percent in the last 30 years allegedly because of the reduced

competition brought about by Pearson's monopoly number four ICBC bankers are

ultimately responsible for stabilizing the economy which ripples through every

aspect of our lives their power influences everything from the big scale

decisions of governments to the prices of individual food items in your weekly

grocery shop if you combine the wealth of the world's

10 largest banks you'd have twenty five point one trillion dollars which would

be enough to fund the entire US government for over seven years the

Industrial and Commercial Bank of China the state-owned Banking Goliath is

undoubtedly the most powerful bank on the planet it has over three trillion

dollars in assets and market value of 215 point six billion

dollars media reign supreme at the top of Forbes as well as biggest public

companies list and the bank's influence isn't limited to China I CBC has a

foothold in every continent except Antarctica employing nearly half a

million people globally and they have also extended their control by turning

other major banks into ICBC subsidiaries for example Turkey's textile bank and

South Africa's Standard Bank number three

Monsanto Monsanto the American giant specializing in agricultural

biotechnology is estimated to be worth a huge sixty five billion dollars Monsanto

has a near total control over the American seed market for example they

trademark nearly 80 percent of the corn grown in the country this may not sound

like the most influential monopoly in the world the corn is actually an

integral ingredient in a surprising number of products corn corn syrup and

corn starch show up in gas glue makeup soap toothpaste aspirin diapers and even

the humble house brick despite its impressively diverse market influence

Monsanto has established a troubling reputation it was described by modern

farmer magazine as the face of corporate evil this is in part due to his

controversial use of GM crops but also largely the result of their ruthless

treatment of competitors in the 90s rumours are most at the company had

produced so-called Terminator seeds designed to sterilize the plots of

anyone who tried to pay to Monsanto seeds gathered from neighboring farms

number two Disney over the years the Walt Disney Company has acquired a few

high-profile media production companies most notably during the purchase of

Marvel Entertainment in 2009 and Lucasfilm in 2012 both of which cost

over four billion dollars more than half of the highest-grossing movies in the

last decade were owned by the company which shows how tight their grip over

the film world is and while Disney a best known for their billion dollar

grossing movies and the world-famous theme parks the mass media giants reach

doesn't stop there Disney also owns or partly owns loads of

other companies they own TV networks ABC ESPN and even the History Channel with

the media playing an incomparable role when it comes to public sentiment and

knowledge Disney's vast empires makes them one of the most powerful companies

in the world number one alphabet Inc unsurprisingly Google regularly tops

Forbes list of the most valuable brands in the world with the reported revenue

of fifty point six billion dollars in 2016 over 40,000

search queries are made on Google every single second and YouTube has a reach of

well over a billion users almost a third of all people on the insects with it's

algorithms determining what we see online and what information we have

access to the control it exerts over our daily lives is arguably unmatched by any

other company but did you know that Google is actually owned by another

lesser-known company relative new kid on the block alphabet Inc alphabet Inc was

founded in 2015 by Larry Page and Sergey Brin the two founders of Google so in a

nutshell Google has spun off from Google and renamed itself alphabet which now in

school the point of alphabet Inc as a new umbrella company is to separate

Google's core internet businesses from some of its more ambitious diverse

projects so the services we all know and love is part of Google YouTube chrome

Android and Google Maps I'm not going to be put at risk by the company's new

ventures such ventures include research gun the X lab which is developing

driverless cars and the Coleco life extension project so that was 10

companies that secretly control the world did you know about the full extent

of these business superpowers already or did any surprise you let us know in the

comments below and if you enjoyed this make sure you check out 10 shocking

secrets about Apple as well and give us a like and subscribe while you're at it

ten shocking secrets about Apple number 10

Apple secret police Apple has a reputation as one of the most secretive

companies in the world but do you know how far the Tetrarch go in order to

protect the privacy of its upcoming projects well allow me to introduce the

worldwide loyalty team animals very own secret police

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