Highlight the key points!
The five most famous financial groups in the world:
1. Rockefeller Financial Group: Started with oil monopoly, founder John D. Rockefeller made Standard Oil Company almost control the oil market in the United States and even the world through continuous mergers and acquisitions. Later, it extended its tentacles to finance, railways, manufacturing and other fields. In 1974, the total assets ranked first among the top ten financial groups in the United States, and many of the largest oil companies in the United States belong to this financial group.
2. Morgan Financial Group: Formed in the late 19th century and early 20th century, founder J.P. Morgan started with banking business such as investment and credit, and later expanded to financial business and various economic sectors such as steel, railways, and public utilities. He made a fortune in the First World War, and after the war, he infiltrated various sectors of the national economy and had a huge influence in the financial world.
3. Citibank Financial Group: A large financial group in the East that emerged after the war, with First Citibank as the core, expanded to the arms industry and civilian industry, controlled companies such as Boeing and United Aircraft Corporation, and was one of the most active financial groups in external expansion.
4. DuPont Consortium: Founded by the DuPont family, it relied on the chemical industry and the arms industry for development. Its assets increased greatly during World War I, and it participated in the manufacture of atomic bombs after World War II, and its economic strength was further enhanced, but its competitive position declined in the later period.
5. Boston Consortium: It is composed of several wealthy families in the Boston area. It has advantages in emerging technology industries. It has Harvard University, Massachusetts Institute of Technology and other universities to provide talent and technical support. It has outstanding performance in high-tech fields and education investment.
There was a view that Credit Suisse was regarded as the fifth largest consortium in the world, but Credit Suisse was acquired by UBS Group in 2023. There is also a saying that the Rothschild family's Rothschild Consortium is regarded as one of the world's top five consortiums. The family has a long history and mystery, and once had a strong influence in gold pricing, diamond industry, mining and other fields.
