For new members on this fin market! Just info, to understand who is BlackRock and Larry Fink.
On April 12, BlackRock released its financial release for the first quarter of 2024, reporting a record $10.5 trillion in assets under management.
To give an idea of the scale, the value of BlackRock's assets under management exceeds the GDP of all countries except the US, which is $27 trillion, and China, which is $17 trillion.
The financial giant has a stake in 85% of the world's companies that are traded on the stock market. 🤝
