BlackRock: The World’s Largest Asset Manager

Introduction

BlackRock, Inc. is an American multinational investment company founded in 1988. It is known for being the world’s largest asset manager, with $13.5 trillion in assets under management as of 2025.

History of BlackRock

Originally starting as an enterprise risk management and fixed income institutional asset manager, BlackRock has grown to become a powerhouse in the financial industry.

Larry Fink and BlackRock

Larry Fink, the CEO of BlackRock, has played a significant role in the company’s success. Under his leadership, BlackRock has become the largest money-management firm in the world.

Recent Controversies

BlackRock has recently been in the news due to allegations of fraud involving Indian-origin CEO Bankim Brahmbhatt. The company is facing a $500 million shock as a result of the alleged loan fraud.

Future Outlook

Despite the controversies, BlackRock continues to be a dominant force in the financial world. With its massive assets under management, the company is poised for continued success in the years to come.