[Aunche]

17.5% of the S&P 500 is Apple, Amazon, Facebook, Microsoft, and Google. What percentage of the top European companies are that new?

[inopinatus]

New? Microsoft was founded 45 years ago, Apple is 44.

Top? The S&P 500 is riddled with mediocrities and rent-seekers.

17.5%? Five out of five hundred is 1%.

[Aunche]

Microsoft and Apple are still new by European standards. The only newish European megacorp is SAP, which is older than Microsoft and Apple.

17.5% of the market share.

[inopinatus]

Not sure what that number means to you, but see above about why it’s so low; established money protects itself.