Worlds Largest Investor

In 1988, Larry Fink, along with a group of Wall Street types, formed an investment company called Blackrock. Currently, Blackrock is the world’s biggest investor with $4.1 trillion in directly controlled assets. This amount is almost as much as all private equity and hedge funds put together. It is the single largest shareholder of Citigroup, Bank of America, JP Morgan Chase, Exxon Mobil, Shell, Apple and McDonald’s. It owns a stake in almost every listed company, not just in the United State...