Who is Larry Fink Larry Fink is the CEO of BlackRock. This financial firm is the world's largest asset management company with assets worth more than $11 trillion. BlackRock's assets are less than half of the US GDP of $30 trillion. BlackRock is now starting business in India.
New Delhi. The world's largest asset management company BlackRock has entered the mutual fund business in India. This giant multinational asset management firm will start mutual fund business in collaboration with Jio Financial Services Limited. BlackRock's status can be gauged from the fact that as of January 205, this asset management firm has assets worth $11.6 trillion. This asset of BlackRock is double or triple the GDP of many countries. The GDP of America itself is $30 trillion, that is, BlackRock has assets less than half the GDP of the US. The special thing is that the person who handles this entire asset management business of BlackRock is Larry Fink (Larry Fink Biography), who is the chairman and CEO of this global investment firm. Larry Fink and his asset management firm have investments in companies of many countries of the world, and they have a strong hold on the entire global stock market. However, despite having so much wealth, Larry Fink (BlackRock CEO profile) is not named among the billionaire businessmen of the world.
The reason for this is his asset management business. Actually, the money he has is the public's deposit, which people have invested in BlackRock under mutual funds or other market related schemes. Let us tell you what is asset management business and what is Larry Fink's status in this business.
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