Larry Fink, born Laurence Douglas Fink on November 2, 1952, is an American billionaire businessman. He is the co-founder, chairman, and CEO of BlackRock, the world's largest money-management firm, with over $10 trillion in assets under management. In April 2024, Forbes estimated Fink's net worth to be $1.2 billion. He also serves as the Co-Chairman of the World Economic Forum. Time magazine recognized him as one of the world's 100 most influential people in 2025.
Fink began his career at First Boston in 1976, where he played a key role in developing mortgage-backed securities. A $100 million loss in 1986 due to an incorrect interest rate prediction led him to prioritize risk management, influencing his decision to co-found BlackRock in 1988. Under his leadership, BlackRock has grown into a global investment and technology solutions leader. Fink has been recognized by Fortune as one of the "World's Greatest Leaders" and by Barron's as one of the "World's Best CEOs" for 14 consecutive years.
Fink has been a vocal proponent of environmental, social, and governance (ESG) investing and corporate sustainability. In his 2024 annual letter to investors, Fink addressed the economic anxieties of younger generations, acknowledging their concerns that older generations created systems that primarily benefited themselves. Recently, Fink has discussed the potential of blockchain technology and the role of Bitcoin in investment portfolios, noting that investors are piling into gold and crypto as global debt risks rise. He has also emphasized the importance of long-term investment strategies, particularly in emerging markets like India, rather than trying to time the market.
