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blackrock is a financial giant its the largest investor on planet earth with over nine trillion dollars in assets thats a pile of cash equal to about one-tenth of a years global economic activity that means the money managers at blackrock have a big say in how the world runs heres ceo larry fink talking to cnbc in 2021 and ive been on your show now probably four times every year at the very least for 22 years as a public company and even longer when we were private talking about retirement blackrock is indeed influential in the u.s it owns at least five percent of most major companies that gives the firm lots of voting power to determine how public businesses operate blackrock rose to the top of the financial system in a short span of time after its ipo in 1999 its stock has increased 7539 percent through december 2020. along the way the company used technology to minimize the risks of investing blackrock as well as the other etf providers have done a great job in bringing a produ
