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.