The American Companies That Aren’t Actually American Anymore

The Chrysler Building

The Chrysler Building was constructed in 1930 and has been an iconic building in New York City. The Chrysler Building is known for its Art Deco-styled architecture and has been featured in several movies over the years. Americans have always owned the amazing skyscraper until the Abu Dhabi Investment Council decided to purchase a majority of the ownership in 2008 for $800 million.

The Abu Dhabi Investment Council ended up selling the ownership to an Austrian company named SIGNA for $150 million. The Abu Dhabi Investment Council lost a lot of money and was glad to get it off their hands.