ExxonMobil has a lot of revenue, but mainly because it has a huge number of people producing a huge amount of product for a huge number of people. Despite nearly 300 billion in revenue, ExxonMobil's profits aren't as big as Google's or Microsoft's or even Facebook's. (At under 7%, Exxon's profit margin is half of Starbucks, and one-sixth that of Facebook.)

In many respects, the American oil industry is the antithesis of "the global elite." It creates a product everyone uses, and provides well-paying jobs for people without college degrees. XOM's CEO, Darren Woods, isn't a billionaire Stanford grad. He's a Kansan that got his engineering degree at Texas A&M and worked his way up the ladder at the company. Exxon can't outsource production overseas, or transfer IP to Ireland, etc.