What are the names of the more famous consortiums in the world? Let me introduce them in detail.

The world's more famous financial groups:

1. Rockefeller Group

One of the top ten financial groups in the United States. It is the largest monopoly group in the United States that is based on the oil monopoly of the Rockefeller family and extends its sphere of influence to all sectors of the national economy through continuous control of financial institutions.

Founder J. D. Rockefeller started his career in oil. He opened an oil refinery in Cleveland in 1863. Based on this plant in 1870, he expanded it to form the Ohio Standard Oil Company, which soon monopolized the U.S. oil industry and used it to The huge profits obtained were invested in the financial industry and manufacturing industry, and the economic strength developed rapidly.

Total assets were only US$6.6 billion in 1935 and increased to US$82.6 billion in 1960, an increase of 11.5 times in 25 years. Subsequently, it continued to achieve great development. In 1974, its total assets increased to US$330.5 billion, surpassing the Morgan Consortium and ranking first among the top ten consortiums in the United States. There are 16 largest oil companies in the United States, 8 of which belong to the Rockefeller consortium.

2. Morgan Group

One of the top ten financial groups in the United States. Formed in the late 19th and early 20th centuries, it was a monopoly capital consortium that dominated the American economy. Founder J. P. Morgan was born in his father J. S. On the basis of Morgan Capital, he co-founded Drexel Morgan Company in 1871 to engage in banking services such as investment and credit.

After the death of the partner in 1894, he operated it as a sole proprietor. In 1895, it was renamed J.P. Morgan Company, and using this company as its base, expanded its power to financial industries and various economic sectors (such as steel, railways, and public utilities, etc.) and began to form a monopoly consortium.

In 1912, the Morgan consortium controlled 13 financial institutions with total assets of US$3.04 billion. Among them, Morgan Company was the strongest and dominated the American financial industry. The financial bosses on Wall Street called Morgan Company As a "banker's banker".

The Morgan consortium made a fortune during World War I. After the war, its strong financial capital penetrated into all sectors of the national economy; in the 1930s, the total assets of large banks and large enterprises controlled by the Morgan consortium Accounting for more than 50% of the eight largest consortiums in the United States at that time.

3. Citibank Group

One of the top ten financial groups in the United States, it is a large eastern financial group that emerged after the war. Although it has a short history, the total assets it controls have surpassed several old consortiums, ranking among the top ten consortiums. The consortium, with First Citibank as its core, relies on its huge funds to expand its power to the arms industry (such as rockets, missiles, and aircraft, etc.) and civilian industries (such as electronics, chemicals, petroleum, and non-ferrous metallurgy, etc.), and controls a large number of Famous big business and big companies. It is also one of the most active consortiums in external expansion.

4. DuPont Consortium

One of the top ten consortiums in the United States, it is a consortium composed of the DuPont family that relied on the chemical industry and the arms industry. The founder is French immigrant E. I. Dupont de Nemours.

He fled to the United States during the French Revolution. In 1802, he founded the DuPont Company in Wilmington, Delaware, to engage in the gunpowder business. After five generations of the DuPont family's management, the DuPont Company finally became... A typical family trust.

During World War I, DuPont's assets increased from US$75 million before the war to US$300 million in 1918; it became one of the largest monopolies at the time. The DuPont consortium was also formed.

In 1935, the total assets of the DuPont consortium increased to US$2.63 billion, ranking sixth among the eight largest consortiums in the United States at that time. During World War II, the DuPont consortium received US$21 billion worth of military orders from the Pentagon. After the war, it participated in the manufacture of atomic bombs, greatly enhancing its economic strength and ranking fifth among the top ten consortiums; but by the 1960s , due to the intensified competition among the consortium, the status of the DuPont consortium declined, retreating to ninth place.

5. Boston Consortium

One of the top ten consortiums in the United States and one of the oldest monopoly consortiums in the United States. It was formed by the Lowell, Lawrence, Adams, and Lodge families in the Boston area who made their fortunes from the slave trade in the 19th century, and the emerging Kennedy family.

At that time, these families invested the huge amounts of funds accumulated from overseas colonial plunder in commercial banks, insurance companies and investment companies, and relied on these financial institutions to provide funds to operate textiles, tanning, and manufacturing. Light textile industries such as shoes, clothing, food and chemicals.

Due to the rapid development of the textile industry, by the beginning of the 20th century, several Boston families who had intermarried with each other for generations formed the Boston Consortium with the First National Bank of Boston as the core.

Reference materials:

Baidu Encyclopedia-Top Ten Financial Groups in the United States