Larry Fink (2024)

FAQs

Is Larry Fink a liberal or conservative? ›

They also have an apartment on the Upper East Side of Manhattan and a house in Aspen, Colorado. Fink is a lifelong supporter of the Democratic Party.

BlackRock Chair Larry Fink said capital markets can help solve a crisis brewing around the ability of Americans to afford retirement as lifespans elongate, and that the government can provide a basic safety net.

BlackRock's CEO took home $26.9m for fiscal year 2023.

He also received a bonus of $7.9m, a base annual salary of $1.5m and 'all other compensation,' which included security and other contributions, of $1m. Overall, the compensation committee assessed the executive to a meets/exceeds standard.

1.2 billion USD (2024)

Larry Fink / Net worth

The group added that BlackRock's CEO, Larry Fink has expressed support for Israel throughout the war and also pointed out his alleged role in suppressing pro-Gaza student protests at Columbia University.

In fact, Bolton and his colleagues discovered that both BlackRock and Vanguard tended to vote to the right of the proxy advisors, 'which suggests that they are both less concerned about environmental and social issues and that they tend to side more with management.

Larry Fink is the founder, CEO and chairman of powerhouse investment management firm BlackRock, one of the world's largest asset managers. He and seven partners founded BlackRock in 1988. Originally it was part of The Blackstone Group.

According to Forbes, Larry Fink's net worth is estimated to be around $1.1 billion as of 2023. How many shares of BlackRock does Larry Fink own? As of the latest available data, Larry Fink owns approximately 414,146 shares of BlackRock, Inc. (BLK), valued at around $316 million.

Tan Hock Eng (Hock E. Tan)

Named the highest paid CEO in the world for 2023, Malaysian-born businessman Tan Hock Eng is the CEO of Broadcom Inc., a role he has held since 2006.

BlackRock invests the funds of its clients (for example, the owners of iShares exchange-traded fund units) in numerous publicly traded companies, some of which compete with each other. Because of the size of BlackRock's funds, the company is among the top shareholders of many companies.

Who is the richest person in BlackRock? ›

Larry Fink is a financial executive and a billionaire known for being the co-founder, chairman, and CEO of BlackRock (NYSE: BLK), the largest investment fund in the world with over $10 trillion in assets under management (AUM).

Bloomberg calls BlackRock “The fourth branch of government”, because it's the only private agency that closely works with the central banks. These firms were right of Federal Reserve which helped in time of 2008 housing crises to clear the mess. BlackRock and Vanguard AUM is $8.6 & $8.1 trillion, respectively.

Hardly. In fact, Fink is one of the world's great capitalists. He cofounded BlackRock in 1988 and has grown it into the world's largest money manager with more than $6 trillion in assets under management.

Our clients' interests come first.

The fiduciary mindset is the bedrock of our identity. It reflects our integrity and the unbiased advice we give our clients. And it's what inspires us to come to work every day and help people build better futures.

BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

Fink is Founder, Chairman and Chief Executive Officer of BlackRock, Inc. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions to help investors build better financial futures.