Larry Fink (2024)

About Larry Fink

  • 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.
  • BlackRock was spun off from Blackstone in 1994 and went public in 1999.
  • Today Blackrock has $8.7 trillion in assets under management.
  • Before starting BlackRock, Fink was a managing director at The First Boston Corporation.

Wealth History

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Personal Stats

Age
71
Source of Wealth
money management, Self Made
Residence
New York, New York
Citizenship
United States
Marital Status
Married
Children
3
Education
Master of Business Administration, Anderson School of Management; Bachelor of Arts/Science, University of California, Los Angeles

More on Forbes

Larry Fink (2024)

FAQs

How much of BlackRock does Larry Fink own? ›

2. Larry Fink – 414,146 – 0.27% Larry Fink, one of the original eight Blackrock owners and founders, currently holds the positions of CEO and Chairman and is the second-largest individual shareholder of the company. As of February 28, 2024, he held 414,146 shares of the asset management firm.

What is BlackRock CEO's salary? ›

Our data indicates that BlackRock, Inc. has a market capitalization of US$116b, and total annual CEO compensation was reported as US$27m for the year to December 2023.

Who are the real owners of BlackRock? ›

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.

How did Larry Fink get rich? ›

He is a co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management. In April 2024, Fink's net worth was estimated at US$1.2 billion according to Forbes.

How much is Larry Fink really worth? ›

How powerful is BlackRock? ›

BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.

Who is the highest paid employee at BlackRock? ›

What is the highest salary at BlackRock? The highest-paying job at BlackRock is a Co-Founder & Chief Executive Officer with a salary of $668,304 per year (estimate). What is the lowest salary at BlackRock? The lowest-paying job at BlackRock is a Lollipop Man with a salary of $42,857 per year (estimate).

What is the net worth of BlackRock? ›

BlackRock Market Cap

BlackRock has a market cap or net worth of $116.19 billion as of May 24, 2024. Its market cap has increased by 15.91% in one year.

How much does an MD at BlackRock earn? ›

The average Managing Director base salary at BlackRock is $307K per year.

Does BlackRock invest in Israel? ›

BlackRock worldwide

We use our experience from around the world to invest in Israel and for our local clients.

Is BlackRock the richest company in the world? ›

Microsoft (NASDAQ: MSFT) was the largest company by market cap in early 2024 at $3.1 trillion. BlackRock clocked in at No. 113 at a $123 billion market cap. Although the investment firm managed $10 trillion in assets, those were client funds, not assets owned by BlackRock.

Is BlackRock a trillion dollar company? ›

BlackRock reported $96 billion of total net inflows, up from $3 billion in the third quarter. “When investors were ready to put money back to work, they did it with BlackRock,” BlackRock Chief Executive Larry Fink said in a statement. BlackRock also ended 2021 with just more than $10 trillion in assets.

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