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Celebrated Name:
Larry Fink
Real Name/Full Name:
Laurence Douglas Fink
Gender:
Masculine
Age:
68 years old
Date of birth:
Nov. 2, 1952
Place of birth:
Van Nuys, Los Angeles, California, USA
Nationality:
American
Height:
1.70 m
Weight:
68 kilos
Sexual Orientation:
Just
Marital status:
Married
Wife/Spouse (Name):
Lori Fink (m. 1970)
Children:
Yes (Joshua Finch)
date/girlfriend
(Surname):
N / A
Profession:
American financial manager
net worth:
$1.5 billion
Larry Fink is a financial executive from the United States who serves as Chief Executive Officer and Chairman of the multinational investment management company called BlackRock. The company is the largest money management company in the world with over $6 trillion in assets. Fink has been active in his career since the 1970s. He also sits on the board of many other institutes.
You may know Larry Fink very well, but do you know how old and tall he is and what his 2021 net worth is? If you don’t know, we have prepared this article with details of Larry Fink’s Short Biography Wiki, Career, Working Life, Personal Life, Net Worth Today, Age, Height, Weight and more Facts. Well, if you’re ready, let’s get started.
Early Life
Laurence Douglas “Larry” Fink was born on November 12, 1952 in Los Angeles, California. He spent his childhood in Van Nuys, California.
After graduating from high school, Fink went to the University of California at Los Angeles, where he earned his bachelor’s degree in political science in 1974. There he joined the Kappa Beta Phi fraternity. He then went to the Anderson Graduate School of Management at the University of California, Los Angeles for his MBA in Real Estate.
In the m-1970s, Larry Fink married his wife, Lori Fink. They are parents to three children, including Joshua Fink, who is the chief executive officer of hedge fund Enso Capital.
Fink grew up in a Jewish family. He supports the Democratic Party and is the founder of the Lori and Laurence Fink Center for Finance & Investments at UCLA Anderson.
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Age, Height, and Weight
Larry Fink was born on November 2nd, 1952 and is 68 years old today, January 24th, 2021. He is 1.70 m tall and weighs 68 kg.
Career
In 1976, Larry Fink was hired by the investment group First Boston. He later became Head of the Bank’s Fixed Income Department and was instrumental in developing the US mortgage-backed securities market. He was a member of First Boston’s Management Committee. He later became managing director.
He was also co-head of the bank’s taxable fixed income division and formed the financial futures and options division. He was head of First Boston’s Real Estate Products Group.
In 1988, Fink became a co-founder of BlackRock. Soon after, he became CEO and director of the new company. He also serves in many other positions within the Company as Chairman of the Corporate Counsel, Chairman of the Executive and Governance Committee and Chairman of the Board of Directors. In 1999 the company went public.
In 2006 he led the merger of Merrill Lynch Investment Managers. In 2009, the company bought Barclays Global Investors and became the world’s largest money management company. In 2016, the company had 12,000 employees and $5 trillion in assets under management.
Awards & Achievements
Larry Fink is a highly successful financial executive who has been active in his career for over four decades. His greatest career achievement is as Chief Executive Officer and Chairman of BlackRock. He is very busy at his job and we can expect him to achieve even more. In 2016 he received the New York ABANA Achievement Award for his outstanding leadership skills.
Net Worth & Salary of Larry Fink
As of January 2021, Larry Fink’s estimated net worth is more than $1.5 billion. Thanks to his hard work and dedication, he is able to earn this money. Since joining First Boston, he has enjoyed tremendous success in his career. He has held many key positions within the company. He later teamed up with The Blackstone Group to form BlackRock. In addition, Larry Fink serves on the Board of Trustees of New York University and chairs the Committee on Financial Affairs. He is a trustee of the New York Boys and Girls’ Club.
Larry Fink is one of the most successful financial managers in the world. He is an influential person who is also involved in various developments in the community. In 2018, he sent an open letter urging companies to play a role in improving the environment. He also joined a Donald Trump business forum in 2016 and is associated with the Robin Hood Foundation.
Who is Larry Fink married to?
Fink has been married to his wife Lori since 1974 and owns homes in Manhattan, North Salem, New York, and Vail, Colorado. The couple has three children. Joshua, their eldest son, was CEO of Enso Capital, a now defunct hedge fund in which Fink had a stake. Fink is a lifelong supporter of the Democratic Party.
What is the net worth of Larry Fink?
Wall Street’s $6 trillion man Larry Fink is finally worth $1 billion.
When was Larry Fink born?
Who is owner of BlackRock?
How do BlackRock make money?
BlackRock is one of the world’s largest investment management companies by AUM. The company operates as a single business segment. The firm derives most of its revenue from investment advisory and administration fees.
How did BlackRock get so big?
BlackRock has grown from a start-up to a market leader by attracting clients and employees, and by acquiring several other asset management companies.
Who owns Larry Fink?
Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions.
How much is Elon Musk worth?
How much is Jeff Bezos Worth?
Although Bezos lost the title of the richest man on Earth to Elon Musk in 2021, he remains the second-richest person and the only other individual on the planet with a net worth that hovers around $200 billion.
Who is bigger Blackstone or BlackRock?
His firm, BlackRock, is the world’s largest asset manager, with $6trn of assets. It stands for computing power, low fees and scale, and is booming. Mr Schwarzman’s firm, Blackstone, is the largest “alternative” manager, focused on private equity and property, with $387bn of assets.
Where did Larry Fink go to college?
Is BlackRock bigger than Vanguard?
BlackRock manages nearly $10 trillion in investments. Vanguard has $8 trillion, and State Street has $4 trillion. Their combined $22 trillion in managed assets is the equivalent of more than half of the combined value of all shares for companies in the S&P 500 (about $38 trillion).
Does Walmart own BlackRock?
…
Top 10 Owners of Walmart Inc.
| Stockholder | BlackRock Fund Advisors |
|---|---|
| Shares owned | 62,078,410 |
| Total value ($) | 7,985,145,878 |
| Shares bought / sold | -465,727 |
| Total change | -0.74% |
Who founded BlackRock?
What does Larry Fink do?
Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019.
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Larry Fink Net worth, Age: Bio-Wiki, Wife, Kids, Weight 2022
Laurence Douglas Fink Wiki ; Age as in 2022, 68 years old ; Height, 1.70 m ; Height(s) Feet, 5 feet and 6 inches ; Heights in cm, 170 cm ; Weight(s) …
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Larry Fink’s Net Worth, Age, Height, Weight, Wife, Kids, Bio-Wiki
Larry Fink’s Net Worth, Age, Height, Weight, Wife, Ks, Bio-Wiki ; Yes (Joshua Fink) · N/A · American financial executive · $1.5 billion …
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Larry Fink – Wikipedia
Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. … In April 2022, Fink’s net worth was estimated at US$1 billion according …
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Larry Fink
American billionaire and businessman
This article is about the businessman. For the photographer, see Larry Fink (photographer)
Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is the Chairman and CEO of BlackRock, an American multinational investment management company.[2] BlackRock is the largest money management firm in the world with more than $10 trillion in assets under management,[3][4] giving the firm tremendous power over the global financial system.[5] As of April 2022, Fink’s net worth was estimated at $1 billion according to Forbes Magazine.[6] He sits on the boards of the Council on Foreign Relations and the World Economic Forum.[7][8]
Early life and education[edit]
Fink was born on November 2, 1952.[9][10] One of three children, he grew up in a Jewish family[11] in Van Nuys, California, where his mother, Lila (1930–2012), was an English professor and his father, Frederick (1925–2013) owned a shoe store.[4] He earned a BA in Political Science from UCLA in 1974.[10] Fink is also a member of Kappa Beta Phi.[12] He then received an MBA in real estate from UCLA’s Anderson Graduate School of Management in 1976.
Career [edit]
1970 to 2000[edit]
Fink began his career in 1976 at First Boston, a New York-based investment bank,[14] where he was one of the early dealers in mortgage-backed securities and eventually headed the firm’s fixed income division.[15] At First Boston, Fink was a member of the management committee, managing director and co-head of the Taxable Fixed Income division; He also founded the Financial Futures and Options Division and headed the Mortgage and Real Estate Products Group.[16]
Fink contributed up to $1 billion to First Boston’s bottom line. He thrived at the bank until 1986, when his department lost $100 million due to his incorrect interest rate forecasts.[4] The experience influenced his decision to set up a company that would invest client funds while incorporating extensive risk management.[4]
In 1988, Fink co-founded BlackRock under the Blackstone Group umbrella and became its director and CEO. When BlackRock split from Blackstone in 1994, Fink retained his positions, which he continued to hold after BlackRock became more independent in 1998. His other positions with the company have included chairman of the board, chairman of the executive and governing committees, corporate chairman of the council and co-chair of the global customer committee.[4][16] BlackRock went public in 1999.[17]
2000s [edit]
In 2003, Fink helped negotiate the resignation of New York Stock Exchange CEO Richard Grasso, who was widely criticized for his $190 million salary package.[4] In 2006, Fink led the merger with Merrill Lynch Investment Managers, which doubled BlackRock’s wealth management portfolio.[10] That same year, BlackRock’s $5.4 billion purchase of Stuyvesant Town-Peter Cooper Village, a Manhattan condominium complex, became the largest residential real estate deal in US history. When the project defaulted, BlackRock clients lost their money, including the California Pension and Retirement System, which lost approximately $500 million.[4]
The US government hired BlackRock to help clean up after the 2008 financial crisis. Although it is widely believed that BlackRock was the best choice for the cleanup,[18] Fink’s longstanding relationships with senior government officials have prompted questions about possible conflicts of interest regarding non-bid public contracts.[4] BlackRock’s contract allowed Fink to maintain relationships with Obama’s first Treasury Secretary Tim Geithner and other members of the Obama economic recovery team.[19] In 2016, Fink hoped to become Hillary Clinton’s Treasury Secretary herself as part of the federal government.[20] At the same time, Blackrock hired many former executive officers for his firm, including Cheryl Mills, Christopher Meade, Katheryn Rosen, Michael Pyle, Coryann Stefansson, Gary Reeder, and Ken Wilson.[21] This move strengthened BlackRock’s revolving door with the federal government.[21]
In December 2009, BlackRock bought Barclays Global Investors, by which time the company had become the largest wealth management company in the world.[4] Despite his great influence, Fink is little known to the public outside of his regular appearances on CNBC.[4] BlackRock paid Fink $23.6 million in 2010[22] and $36 million in 2021.[23] As of 2016, BlackRock had $5 trillion under management with 12,000 employees in 27 countries.[24][25]
In 2016, Fink received the ABANA Achievement Award in New York City. It recognizes an individual who exemplifies outstanding leadership in banking and finance and promotes positive professional cooperation between the United States and the Middle East and North Africa.[26]
In 2018, Fink was ranked number 28 on the Forbes list of the world’s most powerful people.[27]
During the 2020 coronavirus pandemic, the Fed turned to BlackRock to help them buy distressed securities along the lines of 2008.[28]
Community Participation[ edit ]
Fink is a member of the New York University Board of Trustees, where he holds various chairs, including chairing the Financial Affairs Committee. He is also Co-Chair of the Board of Trustees of NYU Langone Medical Center and Trustee of the Boys and Girls’ Club of New York. Fink is also on the board of directors of the Robin Hood Foundation.[29] Fink founded the Lori and Laurence Fink Center for Finance & Investments at UCLA Anderson in 2009[30] and is currently Chairman of the Board.[31]
In December 2016, Fink joined a business forum put together by then-President-elect Donald Trump to provide strategic and policy advice on business issues.[32]
In his annual 2018 open letter to CEOs, he urged companies to play an active role in improving the environment, working to improve their communities, and increasing the diversity of their workforces.[33] This was taken as evidence of a move by BlackRock, one of the largest public investors, to proactively pursue these goals.[34] In his 2019 open letter, Fink said that companies and their CEOs must step into a leadership vacuum to address social and political issues when governments fail to address those issues.[35]
After the assassination of Jamal Khashoggi in October 2018, Fink declined to attend an investment conference in Saudi Arabia.[36]
In its annual 2020 open letter[37], Fink announced environmental sustainability as a core objective for BlackRock’s future investment decisions.[38] In this letter, he explained how climate will become an engine of the economy, affecting all aspects of the economy. He also announced in a separate letter (to investors) that BlackRock would sever ties with previous investments in thermal coal and other investments that pose a significant environmental risk.[39]
Larry Fink is also a longtime donor and supporter of the New York City Police Foundation: a group that provides financial support to the New York City Police Department. The nonprofit organization Color of Change called on Fink to step down from the NYC Police Foundation following the murder of George Floyd and the nationwide protests that followed.[40][41]
Personal life[edit]
Fink has been married to his wife Lori since 1974 and owns homes in Manhattan, North Salem, New York, and Vail, Colorado. The couple have three children. Joshua, her eldest son, was CEO of Enso Capital, a now-defunct hedge fund[42] in which Fink had an interest.[43] Fink is a lifelong supporter of the Democratic Party.[4]
Public perception[edit]
In his 2018 annual letter to shareholders, Fink stated that other companies should be aware of their impact on society,[44] however anti-war organizations are dissatisfied with Fink’s statement as his company BlackRock is the largest investor in arms manufacturers through its U.S. Aerospace and Defense ETF.[45] In September 2018, an activist from the US non-profit organization Code Pink Fink confronted on stage at the Yahoo Finance All Markets Summit.[46]
climate change[edit]
In December 2021, BlackRock partnered with a Saudi wealth manager to pay Saudi Aramco $15.5 billion to purchase and then lease back pipelines.[47]
However, Fink has been widely vocal about companies taking action on climate change, stating in an open letter in 2022: “Every company and every industry will be transformed by the transition to a net-zero world. The question is, will you lead or will you be led?”[48]
Honors and Recognition[ edit ]
Larry Fink Net Worth, Age, Height, Weight, Wife, Wiki, Family 2022
Larry Fink is Founder, CEO and Chairman of the powerful investment management firm BlackRock, one of the world’s largest wealth managers. He and seven partners founded BlackRock in 1988. It was originally part of the Blackstone Group. BlackRock was spun off from Blackstone in 1994 and went public in 1999. Today, Blackrock has $8.7 trillion in assets under management. Prior to founding BlackRock, Fink was a Managing Director at The First Boston Corporation. You may be interested to learn more about Larry Fink. So in this article we have discussed all information about Larry Fink Net Worth, Wiki, Bio, Career, Height, Weight, Family, Pictures, Affairs, Car, Salary, Age and other details in 2022. Without further ado, let’s learn more about Larry Fink.
Larry Fink’s biography
Larry Fink
Do you want to know the complete bio data of Larry Fink? Larry Fink, also known as Laurence Douglas Fink, is an entrepreneur. He was born on November 02, 1952 in Los Angeles, California, USA. He is 70 years old. See the table below for more information.
Name Larry Fink Nickname Laurence Douglas Fink Gender Male Date of birth November 2, 1952 Age 2022 70 Place of birth Los Angeles, California, USA Country United States Nationality American Height None Weight Weight Occupation Entrepreneur Source of income Money management
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Larry Fink net worth and salary 2022
What is Larry Fink Net Worth? What is Larry Fink’s source of income? We all know that it’s almost impossible to tell a person’s total wealth and how much he or she makes each month. According to various sources, there is an approximate asset value that is a net worth. So what is Larry Fink’s current net worth? As of 2022, Larry Fink’s current net worth is $1.05 billion.
Larry Fink Age and Birthday Info 2022
How old is Larry Fink? In this section we will talk about Larry Fink’s age and birthday related information. Larry Fink is actually 70 years old and his birthday is November 2, 1952. When is Larry Fink’s next birthday? Larry Fink’s next birthday is on November 02, 2022.
Birthday November 02, 1952 Name of the day Sunday Next birthday November 02, 2022 Age 70 years Place of birth Los Angeles, California, USA Country of birth United States
Larry Fink’s height, weight and physical condition
What is Larry Fink’s physical condition? Larry Fink’s physical condition is good. How tall is Larry Fink? Want to know Larry Fink’s height in feet-inches or meters-centimeters? In this section, we have discussed his height and weight, as well as eye and hair colors. Its height is None and its weight is Unknown.
Larry Fink’s Size: None
Larry Fink’s Weight: Unknown
In the table below you can find Larry Fink’s height in meters, centimeters and feet inches and weight in kg and pounds.
Height in centimeters: Not known
In metres: Not known
In feet inches: Unknown Weight in KG: Unknown
In Pounds: Unknown Eye Color Black Hair Color Black (approx.)
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Larry Fink Girlfriend and Marital Status
Do you want to know if Larry Fink is married or single? Who is Larry Fink’s girlfriend? In this section we will talk about Larry Fink’s personal life, life story. Since you are curious about Larry Fink. We added the information below.
Marital status has yet to be updated
Larry Fink Educational Qualifications
Want to know what Larry Fink’s educational credentials are? In this table we have added Larry Fink’s educational information. As we don’t have all the data right now, we’re leaving some fields blank that we’ll be updating soon.
School needs to be updated College needs to be updated University needs to be updated
Larry Fink Facebook Instagram Twitter and YouTube
Visit Larry Fink’s official Facebook, Instagram, Twitter, Wikipedia and YouTube accounts. For those who don’t have an account on a specific platform, we’ve added the platform’s official website link.
Frequently asked questions about Larry Fink
Some FAQs (Frequently Asked Questions) about Larry Fink.
What is Larry Fink Net Worth?
Larry Fink’s net worth is $1.05 billion.
How tall is Larry Fink?
Larry Fink’s height is None.
Where is Larry Fink’s birthplace?
Larry Fink’s birthplace is Los Angeles, California, USA.
What is Larry Fink’s date of birth?
Larry Fink’s birthday is November 2, 1952.
Is Larry Fink married?
Larry Fink’s marital status is: To be updated.
Conclusion
So that is all we have on Larry Fink Net Worth, Bio, Wiki, Biography, Height, Weight, Awards, Facts, Siblings, Awards and other info. We hope you find the information about Larry Fink useful. Do share your thoughts in the comments section.
Disclimer
The information about Larry Fink’s Net worth, Wiki, Bio, Career, Height, Weight, Family, Affairs, Car, Salary, Age and other details are based on Wikipedia, IMDb, Forbes, Instagram and Larry Fink’s Facebook. There may be incorrect or outdated information. If you find this, please let us know by leaving a comment below.
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