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Larry Fink is making a new generation of billionaires richer than him

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
AS LARRY Fink drives BlackRock deeper into private markets, he keeps adding new billionaires to the asset-management giant's roster - and making them all richer than he is in the process. Read more at The Business Times.
The article from The Business Times discusses how Larry Fink, CEO of BlackRock, has significantly influenced the wealth of a new generation of billionaires through his management of the world's largest asset manager. BlackRock, under Fink's leadership, has not only grown to manage over $10 trillion in assets but has also played a pivotal role in shaping financial markets through its investment strategies, including the use of ETFs and its influence on corporate governance. The piece highlights how Fink's strategies have benefited tech moguls and other investors by providing them with tools to grow their wealth, often at a pace that outstrips Fink's own financial gains. It also touches on the broader implications of this wealth concentration, questioning the societal and economic impacts of such financial power being wielded by a select few.

Read the Full Business Times Article at:
[ https://www.businesstimes.com.sg/international/larry-fink-making-new-generation-billionaires-richer-him ]