BlackRock, which has offered shares to the public since its 1999 IPO, is mostly owned by institutional investors, including the Vanguard Group, State Street Corp. (STT 0.57%), Bank of America (BAC -0.11%), and Temasek Holdings, a Singapore state-owned conglomerate.
Who are the biggest shareholders of BlackRock? The largest institutional shareholders of BlackRock are Vanguard Group, BlackRock Inc., State Street Corp, Bank of America, and Temasek Holdings. The largest individual shareholders are Susan Wagner, Laurence Fink, Robert Kapito, J. Richard Kushel, and Murry Gerber.
The three largest shareholders of Pfizer, J&J and Merck are Vanguard, SSGA and BlackRock, the multi-trillion dollar funds which make investments on behalf of their clients and keep a cut for their service.
ownership in DIS / The Walt Disney Company. 2024-01-26 - BlackRock, Inc. has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 122,883,021 shares of The Walt Disney Company (US:DIS). This represents 6.7 percent ownership of the company.
Vanguard Group, Blackrock (BLK) and Capital World Investors are among the top institutional shareholders of Tesla, accounting for a combined 15% of its outstanding shares.
Early life and education. Fink was born on November 2, 1952. He grew up as one of three children in a Jewish family in Van Nuys, California.
Rothschild, the renowned global investment bank, has recently placed its faith in BlackRock, the world's largest asset management firm. This strategic partnership between two financial powerhouses signifies a significant development in the financial services industry.
Is BlackRock the richest company in the world? BlackRock is not the richest company in the world. Microsoft (NASDAQ: MSFT) was the largest company by market cap in early 2024 at $3.1 trillion.
Laurence D.
Fink is founder, Chairman and Chief Executive Officer of BlackRock.
(US:AMZN). This represents 6.1 percent ownership of the company. In their previous filing dated 2023-02-06 , BlackRock, Inc. had reported owning 596,106,284 shares, indicating an increase of 5.72 percent.
Company History
BlackRock: Founded in 1988 by eight partners, BlackRock is an American global investment management company. The founding partners include Larry Fink (current CEO), Rob Kapito, Susan Wagner, Ben Golub, Keith Anderson, Barbara Novick, Ralph Schlosstein, and Charlie Hallac.
Fink's Financial Dominance
Larry Fink, leading BlackRock with $7.4 trillion in assets, wields greater financial influence than Elon Musk, playing a pivotal role in shaping global markets and driving economic transformation.
The Black Stone is a sacred stone for Muslims. It was sent down from heaven and placed in the southeastern corner of al-Kaaba al-Musharrafa in ancient times, adjacent to the Yamani corner on the eastern side of al-Kaaba. It marks the beginning and end of the Tawaf (circumambulation).
As expected, BlackRock's top equity holdings include America's most established tech companies: Apple, Microsoft, Amazon, and Google. BlackRock also has large positions in Nvidia and Broadcom, which happen to be America's two largest semiconductor companies.
Musk controls the company and owns a significant stake. It's one of Musk's top investments, with reports estimating that he holds over 40% of its shares. Employees and venture capital investors own the rest of the company's outstanding shares.
Alphabet, a publicly traded entity, owns Google and is accessible for investment through a brokerage. Founders Larry Page and Sergey Brin are among the largest individual shareholders of Alphabet. Institutional investors like Vanguard and BlackRock hold significant shares in Alphabet.
Ozempic, Wegovy creator Novo Nordisk started with a love story, owned by philanthropic foundation. Novo Nordisk, the company behind Ozempic and Wegovy, is now Europe's largest company as global demand for its drugs have soared.