Larry Fink's net worth explained: is the BlackRock CEO a billionaire?

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Larry Fink's net worth explained: is the BlackRock CEO a billionaire?

//business-finance.news-articles.net/content/202 .. xplained-is-the-blackrock-ceo-a-billionaire.html

Published in Business and Finance on Friday, January 24th 2025 at 13:01 GMT by MSN

Larry Fink, the CEO of BlackRock, has a net worth estimated at around $1.2 billion as of 2023. His wealth primarily stems from his significant stake in BlackRock, where he holds approximately 0.7% of the company's shares. BlackRock, under Fink's leadership since its inception in 1988, has grown into the world's largest asset manager with over $10 trillion in assets under management. Fink's compensation includes a base salary, bonuses, and stock options, which have significantly contributed to his wealth. Additionally, his strategic vision has not only expanded BlackRock's influence but also his personal fortune through the company's success. Despite controversies surrounding his views on environmental, social, and governance (ESG) investing, Fink's financial acumen and leadership have solidified his status as a billionaire.

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