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They own their own asset management company, which last year managed $268bn: https://en.m.wikipedia.org/wiki/Braeburn_Capital https://en.m.wikipedia.org/wiki/Br

by mcintyre1994 8y ago

They own their own asset management company, which last year managed $268bn: https://en.m.wikipedia.org/wiki/Braeburn_Capital https://en.m.wikipedia.org/wiki/Braeburn_Capital Investopedia says the largest hedge fund in the world last year had $122bn under management: https://www.investopedia.com/news/what-are-biggest-hedge-funds-world/ https://www.investopedia.com/news/what-are-biggest-hedge-fun... I'm guessing they exclude Apple because it's private and outside investors can't invest in it, but Apple's is twice as big as the biggest public one.

jjeaff 8y ago
Apple's wealth is staggering, but I take solace in the fact that the wealth is spread out quite a bit with the largest individual shareholder only having around a million shared. The largest institutional shareholders are Berkshire Hathaway and vanguard, which are also owned by lots of investors and have minority stakes. I worry a bit more about large companies with individuals who have outsized control (like Amazon or Facebook).