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Chapter 262 - Conglomerates

Duke Stelmane began explaining the five conglomerates that controlled the current global market to Michael.

At the very top spot of the Golden 500 stood the Vanderbilt business, led by none other than the Great Lion, Yze Vanderbilt.

Right beneath them was the Oscorpe Consortium—it was a similarly structured empire like the Vanderbilt business, mostly controlled by a single family and a patriarch at its helm.

Those two conglomerates had their hands in nearly every business imaginable. As long as there was money to be made, chances were high that either of those two conglomerates was involved in it.

Ranked in the third spot was the Hepheasteus Group, renowned for their monopoly over the world's greatest weapons and armors. Their power largely stemmed from owning the world's biggest mine, located on another continent, which allowed them to become the world's leading supplier for anything metallurgical.

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