Last Updated: 26 Sep, 2024 | Views: 2629
Age: 72
Profession: CEO
Other Profession(s): Financier, Political Scientist
Famous For: Chairman and CEO of BlackRock
Higher Education: University of California, Los Angeles (BA, MBA)
About (Profile/Biography):
Laurence Douglas Fink was born on November 2, 1952. Laurence Douglas Fink is a businessman who is worth billions of dollars. A multinational investment management company, BlackRock is headed by him as chairman and CEO. Over US$10 trillion under management makes BlackRock the world's largest money-management firm, giving it considerable influence over the global financial system. Approximately US$1 billion was Fink's net worth according to Forbes Magazine in April 2022.
Larry Fink Career:
• 1976: A New York-based investment bank, First Boston, was where Fink began his career in 1976.
• 1988: As director and CEO of BlackRock, Fink cofounded it under The Blackstone Group in 1988.
• 2006: BlackRock's asset management portfolio was doubled when Fink led the merger with Merrill Lynch Investment Managers in 2006.
• 2009: Barclays Global Investors was purchased by BlackRock in December 2009
• 2016: New York City awarded Fink the ABANA Achievement Award in 2016.
Larry Fink Awards:
• 2007: Golden Plate Award of the American Academy of Achievement
• 2015: Appeal of Conscience Award
• 2015: Americas Society Gold Medal
• 2016: UCLA Medal
• 2019: Financial Innovation Award
Unknown Trivia Facts:
• The World's Most Powerful People list ranked Fink #28 in 2018.
• As in 2008, the Fed turned to Black Rock during the Coronavirus pandemic of 2020 to help purchase distressed securities
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