- ACK Bungoma to Refund Ruto his Ksh 5M Donation - December 4, 2024
- Is This Sarah Kabu Brandishing a Sharp Knife? Details - December 4, 2024
- Joho Required to Show Cause why he’s Threatening the Country - December 4, 2024
American businessman Larry Fink is the CEO of BlackRock, the world’s largest asset management company, and seems to be the richest man on earth but still unrecognized.
Elon Musk, Jeff Bezos, or Bill Gates are some of the most renowned billionaires across the globe but we also have Larry Fink whose company BlackRock makes him the wealthiest.
Though, yet to feature in any of the billionaire lists, Mr. Fink is the CEO of BlackRock, the world’s largest asset management company, which oversees assets worth USD 7.4 trillion. Larry manages the largest poll of public money.
As of December 2024, BlackRock’s market capitalization stood at ₹12.808 trillion, making it the 102nd most valuable company in the world by market cap.
Asset management firms engage in the mutual fund business where people invest their money. These firms, like BlackRock, invest in companies across the globe. BlackRock’s assets under management have reached a staggering USD 11.5 trillion.