Full Name | Laurence Douglas Fink |
Nickname | Larry |
Birthday | November 2, 1952 |
Born In | Los Angeles, California |
Height | Information is not publicly available |
Star Sign | Scorpio |
Relationship Status | In a relationship with Lori Fink |
Net Worth | Estimated over $1 billion. |
Age | 72 |
About
Larry Fink is an American financial executive known as the co-founder, chairman, and CEO of BlackRock, the world's largest money-management firm. Born on November 2, 1952, Fink started his career at First Boston, a Wall Street investment bank, before establishing BlackRock in 1988. Under his stewardship, BlackRock has grown to manage over $9 trillion in assets. Known for his corporate leadership and strategic vision, Fink's annual letters to CEOs about corporate responsibility and sustainability have influenced global business trends. He also serves on various boards and committees, contributing his expertise to fields beyond finance.
Associated With
Larry Fink, a renowned figure in finance, is the co-founder and CEO of BlackRock, the world's largest asset management firm. Throughout his extensive career, he has associated with numerous prominent individuals and organizations in the industry. He has actively collaborated with governing bodies like Federal Reserve and the Treasury Department. Despite his position in finance, he's been linked to various media personalities due to his company's substantial holdings in media companies. His relationships, however, are predominantly professional, with figures such as Mark Wiseman, who previously served as BlackRock’s Global Head of Active Equities, Christine Lagarde, the President of the European Central Bank, and others from Goldman Sachs where he started his career. He is an influential voice in finance and has used his platform to advise on issues like climate risk and sustainable investing, showing collaborative efforts with environmental institutions. His significant interactions extend over a vast network of finance, politics, and media industries, signifying his widespread influence.
Career Highlights
- In 1976, Larry Fink started his career as a trader at First Boston, a financial services firm.
- He then became the head of the bond department at First Boston in 1984.
- Larry Fink was named a directorThe creative leader responsible for overseeing the artistic aspects of a film, television production... and subsequently the member of the Management Committee at First Boston in 1986.
- After facing a significant financial setback at First Boston, Fink co-founded BlackRock, a global investment management corporation in 1988.
- Fink helped in steering BlackRock to survive the tech bubble, which burst in 2000.
- In 2004, under Fink's leadership, BlackRock went public.
- Subsequently, in 2006, he steered BlackRock in acquiring Merrill Lynch's investment unit, a major move which expanded the corporation's influence greatly.
- During the financial crisis of 2008, Fink's risk management at BlackRock proved instrumental in ensuring the corporation's survival and growth.
- Larry Fink oversaw the acquisition of Barclays Global Investors, creating the largest money management firm in the world in 2009.
- In 2012, Larry Fink was named as the CEO of the Year by Financial News.
- He was again awarded the CEO of the Year by Financial News in the following year, 2013.
- In 2016, Fink was given the ABANA Achievement Award in recognition of his outstanding accomplishments in the world of finance.
- He joined the board of the Museum of Modern Art in 2017.
- Larry Fink became a part of the Board of Trustees at his alma mater, the University of California, Los Angeles, in 2018.
- In 2020, he was inducted by Barron’s into their inaugural Hall of Fame, which highlights those who have been on their annual Top 100 list for 10 consecutive years.
Notable Awards
- Larry Fink, the CEO and co-founder of BlackRock, does not have any "awards" in the traditional sense of entertainment or literary prizes. However, his accomplishments in the field of finance have been widely recognized. He was named to Forbes' list of The World's Most Powerful People multiple times. He has also been recognized by Institutional Investor's Money Management Hall of Fame and CEO of the Decade by Financial News. Always note that recognitions in the business and finance world don't typically come as "awards," but rather in rankings, hall of fame inductions, and similar distinctions.
FAQs
What Is the Most Popular Larry Fink Movie/TV Show?
Larry Fink is renowned for his work in the field of investment, not in movies or TV shows. He is a co-founder and CEO of BlackRock, one of the largest investment management corporations worldwide. His influence is massive in global finance, yet he does not have any involvement or notable contributions to the film and television industry. Therefore, there are no popular Larry Fink movies or TV Shows to mention.
How Did Larry Fink Get Famous?
Larry Fink is prominent for being the co-founder, chairman, and chief executive officer of BlackRock, the world's largest asset management firm. Founded in 1988, BlackRock manages over $7.4 trillion in assets (as of 2020), making it a major player in global finance. Fink's strategic vision and leadership have been instrumental in growing the company to its current standing, and his influence extends across the global finance and business sectors. His annual letter to CEOs is widely anticipated and influential in the world of business and finance. Larry Fink's fame stems from his enormous success in the field of asset management and his leadership role in one of the world's most important financial institutions.