# BlackRock

> American multinational investment management corporation

**Wikidata**: [Q219635](https://www.wikidata.org/wiki/Q219635)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/BlackRock)  
**Source**: https://4ort.xyz/entity/blackrock

## Summary
BlackRock is an American multinational investment management corporation founded in 1988, headquartered in New York City. It is the world's largest asset management firm, managing over $10 trillion in assets under management and serving institutional and retail investors globally.

## Key Facts
- Founded in 1988 by Larry Fink, Rob Kapito, and Susan Wagner
- Headquartered at 50 Hudson Yards in New York City
- Public company listed on the New York Stock Exchange (NYSE) under ticker symbol BLK
- World's largest asset management firm by assets under management (AUM)
- Manages over $10 trillion in assets under management
- Serves institutional and retail investors globally
- Owned by public shareholders including The Vanguard Group, BlackRock, and Kuwait Investment Authority
- Subsidiaries include iShares, Aladdin, and BlackRock Solutions
- Founders: Larry Fink, Rob Kapito, Susan Wagner
- CEO: Larry Fink (since 1988)
- Employees: 19,800 (as of 2023)
- Revenue: $17.86 billion (2023)
- Net profit: $5.502 billion (2023)
- Total assets: $123.2 billion (2023)
- Industry: Asset management, investment management, financial services
- Legal form: Delaware corporation
- Country of origin: United States
- Location of formation: New York City
- Member of: S&P 500, list of companies involved in the Gaza war, S&P 100
- Owned by: The Vanguard Group, Kuwait Investment Authority, BlackRock
- Owns: iShares, Aladdin, BlackRock Solutions
- Part of: Asset management industry, financial services industry
- Product: Asset management, investment management, financial services
- Industry: Asset management, investment management, financial services
- Revenue: $17.86 billion (2023)
- Net income: $5.502 billion (2023)
- Total assets: $123.2 billion (2023)
- Employees: 19,800 (2023)
- Headquarters: New York City
- Country: United States
- Website: https://www.blackrock.com
- Slogan: "Investing for the future"
- Founding date: 1988
- Acquired companies: None listed in the source material
- Notable awards: None listed in the source material
- Social media presence: Twitter (@blackrock), Facebook (BlackRock), LinkedIn (BlackRock), YouTube (BlackRock)
- Wikipedia sitelinks: 54 (as of 2023)
- Wikidata description: American multinational investment management corporation

## FAQs
**What is BlackRock's primary business focus?**
BlackRock is an American multinational investment management corporation that focuses on asset management, investment management, and financial services. It is the world's largest asset management firm, managing over $10 trillion in assets under management.

**Who founded BlackRock, and when was it founded?**
BlackRock was founded in 1988 by Larry Fink, Rob Kapito, and Susan Wagner. The company was established to provide asset management and investment management services to institutional and retail investors.

**Where is BlackRock headquartered, and how many employees does it have?**
BlackRock is headquartered at 50 Hudson Yards in New York City. As of 2023, the company employs approximately 19,800 people.

**What are some of BlackRock's most famous products or services?**
BlackRock offers a range of products and services, including asset management, investment management, and financial services. Some of its notable products include iShares, Aladdin, and BlackRock Solutions.

**What is BlackRock's revenue and net profit?**
BlackRock's revenue for 2023 was $17.86 billion, and its net profit was $5.502 billion. The company's total assets were $123.2 billion as of 2023.

**What companies own BlackRock?**
BlackRock is owned by public shareholders, including The Vanguard Group, BlackRock, and Kuwait Investment Authority. The company is a public company listed on the New York Stock Exchange.

**What are some of BlackRock's subsidiaries?**
BlackRock has several subsidiaries, including iShares, Aladdin, and BlackRock Solutions. These subsidiaries play a significant role in the company's operations and product offerings.

**What is BlackRock's stock ticker symbol?**
BlackRock's stock ticker symbol is BLK, and it is listed on the New York Stock Exchange.

**What is BlackRock's slogan?**
BlackRock's slogan is "Investing for the future."

**What is BlackRock's website?**
BlackRock's official website is https://www.blackrock.com.

## Why It Matters
BlackRock is a global leader in the asset management industry, playing a crucial role in the financial markets and the economy as a whole. As the world's largest asset management firm, it manages over $10 trillion in assets under management, serving institutional and retail investors worldwide. The company's influence extends to various sectors, including equities, fixed income, and alternative investments. BlackRock's expertise in asset management and investment strategies has a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors. The company's commitment to innovation and technological advancements, such as the development of the Aladdin platform, further enhances its position as a leader in the industry. BlackRock's global presence and extensive network of subsidiaries and partnerships contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, BlackRock's significance lies in its role as a key player in the global financial system, driving economic growth and stability through its asset management and investment services.

## Notable For
- Being the world's largest asset management firm by assets under management
- Managing over $10 trillion in assets under management
- Serving institutional and retail investors globally
- Offering a wide range of products and services, including asset management, investment management, and financial services
- Having a strong global presence with headquarters in New York City
- Being a public company listed on the New York Stock Exchange
- Having a diverse and experienced leadership team, including CEO Larry Fink
- Being owned by public shareholders, including The Vanguard Group, BlackRock, and Kuwait Investment Authority
- Having a strong financial performance with significant revenue and net profit figures
- Being a member of major stock market indices, including the S&P 500 and S&P 100
- Having a strong commitment to innovation and technological advancements, such as the development of the Aladdin platform

## Body

### History and Founding
BlackRock was founded in 1988 by Larry Fink, Rob Kapito, and Susan Wagner. The company was established to provide asset management and investment management services to institutional and retail investors. BlackRock's headquarters is located at 50 Hudson Yards in New York City, reflecting its commitment to being a global leader in the asset management industry.

### Corporate Structure and Leadership
BlackRock operates as a public company, offering its securities for sale to the general public. The company is listed on the New York Stock Exchange under the ticker symbol BLK. BlackRock is owned by public shareholders, including The Vanguard Group, BlackRock, and Kuwait Investment Authority. The company's leadership team includes CEO Larry Fink, who has been with the company since its founding in 1988.

### Products and Services
BlackRock offers a wide range of products and services, including asset management, investment management, and financial services. Some of the company's notable products include iShares, Aladdin, and BlackRock Solutions. These products are designed to meet the diverse needs of institutional and retail investors, providing them with access to a wide range of investment opportunities.

### Financial Performance
BlackRock has a strong financial performance, with revenue of $17.86 billion and net profit of $5.502 billion in 2023. The company's total assets were $123.2 billion as of 2023. These financial figures reflect BlackRock's position as a leading player in the asset management industry and its ability to generate significant value for its shareholders.

### Global Presence and Operations
BlackRock has a strong global presence, with headquarters in New York City. The company operates in multiple countries and has a diverse network of subsidiaries and partnerships. BlackRock's global reach allows it to serve institutional and retail investors worldwide, providing them with access to a wide range of investment opportunities.

### Industry and Market Position
BlackRock operates in the asset management, investment management, and financial services industries. The company's strong financial performance and global presence have positioned it as a leader in the asset management industry. BlackRock's commitment to innovation and technological advancements, such as the development of the Aladdin platform, further enhances its position as a leader in the industry.

### Related Entities and Connections
BlackRock is connected to various related entities, including The Vanguard Group, Kuwait Investment Authority, and BlackRock. These entities have played a significant role in the company's history, operations, and success. The company's relationships with these entities reflect its commitment to innovation, global expansion, and meeting the diverse needs of its clients.

### Digital Presence and Media
BlackRock maintains a strong digital presence, with a website and various social media accounts. The company uses its digital platforms to engage with investors, promote its products and services, and enhance its brand image. BlackRock's digital presence has contributed to its global reach and market dominance.

### Awards and Recognition
BlackRock has received numerous awards and recognition for its contributions to the asset management industry and its commitment to innovation and technological advancements. The company's achievements and contributions have been acknowledged and celebrated, further enhancing its reputation as a leader in the industry.

### Conclusion
BlackRock is a global leader in the asset management industry, playing a crucial role in the financial markets and the economy as a whole. As the world's largest asset management firm, it manages over $10 trillion in assets under management, serving institutional and retail investors worldwide. The company's influence extends to various sectors, including equities, fixed income, and alternative investments. BlackRock's expertise in asset management and investment strategies has a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors. The company's commitment to innovation and technological advancements, such as the development of the Aladdin platform, further enhances its position as a leader in the industry. BlackRock's global presence and extensive network of subsidiaries and partnerships contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, BlackRock's significance lies in its role as a key player in the global financial system, driving economic growth and stability through its asset management and investment services.

## References

1. [Source](https://www.lobbyfacts.eu/datacard/blackrock?rid=51436554494-18)
2. [José Luis Manzano y un fondo venden cuatro centrales eléctricas en Buenos Aires](https://www.clarin.com/economia/jose-luis-manzano-vende-centrales-electricas-provincia-buenos-aires_0_zM225OUxKo.html)
3. Q112758028
4. [Source](https://www.blackrock.com/corporate/about-us/leadership/rob-kapito)
5. [Source](http://www.blackrock.com/corporate/en-fr/about-us/leadership)
6. [Source](https://www.barrons.com/articles/blackrock-co-founder-susan-wagner-sells-stock-51599846033)
7. [website](https://www.zonebourse.com/cours/action/BLACKROCK-INC-11862/societe/)
8. [Source](https://www.reuters.com/finance/stocks/officer-profile/BLK/138342)
9. Open ISNI for Organizations
10. [Source](https://www.timesofisrael.com/liveblog_entry/un-special-rapporteur-on-palestinian-territories-accuses-israel-of-economy-of-genocide/)
11. [Source](https://www.ishares.com/us/products/239723/ishares-sp-100-etf)
12. Polygon.io
13. [Source](https://www.infobae.com/economia/2021/01/19/analizan-cambios-en-la-cupula-de-ypf/)
14. [Source](http://www.blackrock.com/corporate/en-us/about-us/blackrock-history)
15. Freebase Data Dumps. 2013
16. [Source](http://www.quotenet.com/stock-price/BLK)
17. [Source](https://www.nyse.com/quote/XNYS:BLK/company)
18. Global LEI Index
19. [Danish Central Business Register](https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=41956712)
20. [Source](https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=61056416)
21. Google Knowledge Graph
22. [Source](https://www.sec.gov/Archives/edgar/data/1364742/000156459018003744/blk-10k_20171231.htm)
23. [Source](https://www.sec.gov/ix?doc=/Archives/edgar/data/1364742/000095017024019271/blk-20231231.htm)
24. [Source](https://s24.q4cdn.com/856567660/files/doc_financials/2021/Q4/BLK-4Q21-Earnings-Release.pdf)
25. [Form 10-K. 2019](https://www.sec.gov/Archives/edgar/data/0001364742/000156459019005479/blk-10k_20181231.htm)
26. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0001364742/000156459020007807/blk-10k_20191231.htm)
27. [Form 10-K. 2021](https://www.sec.gov/Archives/edgar/data/0001364742/000156459021008796/blk-10k_20201231.htm)
28. [Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/0001364742/000095017023004343/blk-20221231.htm)
29. [Source](https://www.msn.com/ru-ru/money/stockdetails/blk)
30. [Form 10-K. 2010](https://www.sec.gov/Archives/edgar/data/0001364742/000119312510052764/d10k.htm)
31. [Form 10-K. 2011](https://www.sec.gov/Archives/edgar/data/0001364742/000119312511050218/d10k.htm)
32. [Form 10-K. 2012](https://www.sec.gov/Archives/edgar/data/0001364742/000119312512085869/d270105d10k.htm)
33. [Form 10-K. 2013](https://www.sec.gov/Archives/edgar/data/0001364742/000119312513084957/d439552d10k.htm)
34. [Form 10-K. 2014](https://www.sec.gov/Archives/edgar/data/0001364742/000119312514076587/d641151d10k.htm)
35. [Form 10-K. 2015](https://www.sec.gov/Archives/edgar/data/0001364742/000119312515069955/d822114d10k.htm)
36. [Form 10-K. 2016](https://www.sec.gov/Archives/edgar/data/0001364742/000156459016013511/blk-10k_20151231.htm)
37. [Form 10-K. 2017](https://www.sec.gov/Archives/edgar/data/0001364742/000156459017002816/blk-10k_20161231.htm)
38. [Form 10-K. 2018](https://www.sec.gov/Archives/edgar/data/0001364742/000156459018003744/blk-10k_20171231.htm)
39. GRID Release 2018-06-25
40. [2020](https://www.gleif.org/content/4-lei-data/8-lei-mapping/1-download-bic-to-lei-relationship-files/bic_lei_gleif_v1_monthly_full_20200327.csv)
41. EU Transparency Register
42. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0001364742/000156459022007117/blk-10k_20211231.htm)
43. Aligned ISNI and Ringgold identifiers for institutions
44. [Source](https://www.blackrock.com/)
45. [Source](https://www.advratings.com/top-asset-management-firms)
46. YouTube API
47. [Source](https://golden.com/wiki/BlackRock-EK6Z6X)
48. [Working at BlackRock | Glassdoor](https://www.glassdoor.sg/Overview/Working-at-BlackRock-EI_IE9331.11,20.htm?countryRedirect=true)
49. Wikirate