Financial houses BlackRock and The Vanguard Group, two of the world’s “Big Three” asset managers, have profited “enormously” from the COVID-19 pandemic, according to Robert F. Kennedy, Jr.

On the March 23 episode of “RFK Jr. The Defender Podcast,” Kennedy interviewed Michael Nevradakis, Ph.D., a reporter for The Defender, about what Nevradakis uncovered about the far-reaching influence of these two corporations.

In an article he wrote last month for The Defender, Nevradakis exposed BlackRock and Vanguard as two of the top three shareholders in COVID vaccine makers PfizerModerna and Johnson & Johnson.

Kennedy pointed out that BlackRock and Vanguard are the two biggest financial houses in the world. “They control a huge part of the world economy,” Kennedy said.

Combined, BlackRock and Vanguard manage more than $15 trillion in global assets, Nevradakis reported.

In 2020, Bloomberg called BlackRock “the fourth branch of government,” said Nevradakis.

He added:

“There’s this very strange cross-ownership where Vanguard is the biggest shareholder in BlackRock and BlackRock is the biggest shareholder in Vanguard … regardless of how some people may try to spin it, it’s obvious that these two companies are closely linked and their fortunes are closely linked.”1 Million Copies Sold — ‘The Real Anthony Fauci’ — The book that launched a movement. BUY TODAY!

The two firms own many major and influential U.S. companies, including American Express, T-Mobile, Twitter and Disney, as well as Big Food and Big Pharma interests.

Nevradakis and Kennedy discussed the connection between BlackRock or Vanguard ownership and vaccine passports.

“[BlackRock and Vanguard] own companies that are at the speartip of pushing for vaccine passports, and also that stand to profit greatly from making and controlling and orchestrating the vaccine passports,” said Kennedy.

In his article, Nevradakis listed major U.S. employers that, as of Feb. 16, mandated COVID vaccines for their employers, and quantified these companies’ relationships with BlackRock and/or Vanguard.

Most of these companies are owned in large part by one or both of the firms. They include pharmaceutical company Abbvie, grocery store Albertsons, health insurer Anthem, Chevron, Delta Airlines and Cigna, among many others.

The “sinister aspect” of these revelations is the idea that competitive capitalism may be an illusion in the U.S., Kennedy pointed out.

Nevradakis agreed. He said:

“The original idea in theory behind [capitalism] is that of competition. And I think that we’re not seeing that in reality. We have very, very large companies, and those large companies are owned by even larger asset management companies. And then … the two largest ones of all also happen to own each other. So I don’t think there’s any way that that could be spun as a competitive situation.”

Watch the podcast here:

The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views of Children’s Health Defense.