Don’t Be Fooled By These Companies, They Were Not Owned By Americans Anymore

Published on 10/27/2021
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The Waldorf Astoria Hotel

The Waldorf Astoria Hotel is an excellent choice for premium accommodations. It is not only a New York institution but also an important element of American history. The hotel is managed by Hilton Worldwide, however, it was purchased for $1.95 billion by Anbang Insurance Group in 2014. It is the most expensive hotel in history because of its ridiculous pricing. The Chinese corporation made significant changes to the hotel, including converting a portion of the rooms into condos. The insurance corporation is also looking to buy more American companies. Starwood Resorts was one of the properties it had been considering.

The Waldorf Astoria Hotel

The Waldorf Astoria Hotel

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Tesla

Elon Musk, dubbed “the brains behind Tesla,” has a 21.7 percent interest in the California-based corporation and is its main shareholder. Other than him, the corporation has a large number of stockholders, including Tencent Holdings Ltd. It turns out that the Chinese corporation is interested in a variety of topics, not only music. Tencent is also the world’s largest video gaming firm and one of the largest social media companies. It even has a $95.8 billion net profit in 2019. Whatever they’re doing, it’s obvious that they’re doing it correctly! We are confident that it will continue to expand in the future.

Tesla

Tesla

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