I have created a riddle based on the Borges’ story the cult of the Phoenix. This one symbol is ubiquitous and you likely are familiar with it while not giving it much thought. This symbol is very powerful and I will give you some clues so you may decipher what it is

>this symbol is owned by the world’s most powerful men. This class of men (who share this symbol) is the richest and most powerful in all of history and yet most who own this symbol live in poverty
>this symbol is hated by half of Asians and yet loved by the other half
>This symbol is both loved and hated by those who own it. Some would get rid of it if they could despite it being a symbol of power as stated above. People who want to get rid of this symbol are generally seen negatively.

What am I?