• SolOrion
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    8 days ago

    Is everyone just blatantly lying then? Because according to a google search, Elon Musk is worth 300+B, and Larry Fink is worth… 1.2B.

    Are you taking the 10 Trillion number from

    Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with US$11.5 trillion in assets under management as of 2024.

    Because “assets under management” and “money that Larry Fink personally has” aren’t the same thing.

    Or is this some conspiracy theory shit?

    • The_Caretaker@lemm.ee
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      8 days ago

      Not a conspiracy or a theory or even a hypothesis. Fink is the founder and CEO of BlackRock which means it’s assets are his assets. BlackRock is a major shareholder in thousands of corporations and wealth management funds BlackRock has 10.5 Trillion dollars worth assets under management. Between BlackRock, Vanguard and State Street they basically own the planet. BlackRock / Fink could buy all of Elon Musk’s assets and burn them 100 times over and still have more than Elon Musk. BlackRock is the principle shareholder in many news organizations and or their parent companies. Fox is the only major network that has, NOT BlackRock, as their biggest shareholder but BlackRock is number 2 at Fox.

      • SolOrion
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        8 days ago

        Fink is the founder and CEO of BlackRock which means it’s assets are his assets.

        It’s a publicly traded company, so no. It’s assets are not his assets.