“capitalism has the power to shape society and act as a powerful catalyst for change. But businesses can’t do this alone.”
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Laurence Douglas Fink is an American billionaire businessman. He is a co-founder, chairman, and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management. In April 2024, Fink's net worth was estimated at US$1.2 billion according to Forbes. He is a co-chairman of…
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business · American businessman (born 1952) · politician · manager · economist · financier · also Larry Fink, Laurence Douglas Fink, Laurence D. Fink, Laurence Fink, Fink
Born 2 November 1952 · Q3218882
25 published statements · 0 followers
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Being an optimist, especially in financial markets, have proven to be a good outcome. Being a pessimist out of any one periodic time, you may have good success, but over the long run, I believe in capitalism, that in the long run, it's the best economic model in the world.
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“capitalism has the power to shape society and act as a powerful catalyst for change. But businesses can’t do this alone.”
“Being an optimist, especially in financial markets, have proven to be a good outcome. Being a pessimist out of any one periodic time, you may have good success, but over the long run, I believe in capitalism, that in the long run, it's the best economic model in the world.”
Public attention spiked: 6,208 Wikipedia readers in one day, 3.9× the usual 1,591, with 0 article edits.
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Snopes rated the claim “BlackRock CEO Larry Fink said trillions of dollars of ordinary people's "savings accounts and pension accounts" will be used to fund the construction of new data centers and power infrastructure.” Correct Attribution.
Shown as reported and rated by a fact checker, not as an established fact.
Lead Stories rated the claim “Real photo shows Trump, Musk, Tim Cook, Larry Fink and Jensen Huang eating Panda Express take-out on Air Force One during their flight to China.” AI Image.
Shown as reported and rated by a fact checker, not as an established fact.
Awarded Time 100 (2025).
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Time magazine listed him as one of the world's 100 most influential people
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Career landmark: president (2025).
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“protectionism has returned with force.”
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Lead Stories rated the claim “37 candidates killed Mexico, Larry Fink meets with one candidate” Not Presidency.
Shown as reported and rated by a fact checker, not as an established fact.
“If you look over the course of my career, how the US has improved and other countries have improved, being an optimist, especially in financial markets, have proven to be a good outcome.”
Stated "Every company and every industry will be transformed by the transition to a net-zero world
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Fink was named one of the top US "climate villains" by The Guardian due to BlackRock's profiting from deforestation
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Fink aspired to becoming Hillary Clinton's Treasury Secretary
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Fink received the ABANA Achievement Award in New York City
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That Fink had increased First Boston's assets by about $1 billion
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Fink led the merger with Merrill Lynch Investment Managers, which doubled BlackRock's asset management portfolio
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Bought Finch Farm in North Salem, New York from the actor Stanley Tucci for $3
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Fink helped to negotiate the resignation of the CEO of the New York Stock Exchange, Richard Grasso, who was widely criticized for his $190 million pay package
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Fink retained his positions, becoming chairman in 1998 after BlackRock became independent
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Career landmark: chief executive officer (1988).
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Under the corporate umbrella of The Blackstone Group, Fink co-founded BlackRock and became its director and CEO
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At First Boston, a New York-based investment bank, where he was one of the first mortgage-backed security traders and eventually managed the firm's bond department
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Published “Controlled growth of monodisperse silica spheres in the micron size range” in Journal of Colloid and Interface Science — cited 13,438 times.
Born 1952-11-02.
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