You can find out a lot of shocking things when you follow the money, as any good journalist would do.
Recently, the health website Natural Society did just that in regards to Monsanto and found some pretty shocking information on who really owns the company.
While CEO Hugh Grant and major shareholder Bill Gates get most of the scrutiny and negative attention, Natural Society found that the real owners of Monsanto stock are large institutions, with five of them holding the top spots.
The top one is the Vanguard Group, Inc., with over $3 billion worth of stock, as shown in the chart below.
Among individuals, the top shareholder is actually William U. Parfet, a Michigan-based chairman of the board, CEO and president of MPI Research, Inc. which is an early stage drug development contract research laboratory, believe it or not.
He’s also on the board for a large medical services company called the Stryker Corporation, which raises the question: why is such a highly influential man within the drug and medical services industries the top shareholder for Monsanto?
For more on what all this could mean and to see the list of top individual shareholders, check out the original Natural Society article here.
Did you know that Monsanto is also considering a name change to escape the white hot spotlight cast on them by activists and movements like MAM? Read more in this article.