Larry Fink’s Net Worth: Is Larry Fink the World’s Wealthiest Person? What Companies Does Larry Fink Own?

By David D. Ramey On Mar 26, 2022

Laurence Douglas Fink (born November 2, 1952) is an American businessman who is worth a billion dollars. He is the chairman and CEO of BlackRock, a worldwide investment management firm based in the United States.

With more than US$10 trillion in assets under management, BlackRock is the world’s largest money-management corporation, with significant power over the global financial system.

Name	Laurence Douglas Fink
Birth	November 2, 1952
Age	69 years
Genre	American businessman
Relation With	Lori Fink
Net Worth	$1 Billion

He is a member of the powerful Council on Foreign Relations and the World Economic Forum’s boards of directors.

Larry Fink’s Private life!

Fink and his wife, Lori, have been married since the mid-1970s. The pair has houses in Manhattan, New York’s North Salem, and Vail, Colorado.

The couple is the parents of three children. Their eldest son, Joshua, was the CEO of Enso Capital, a now-defunct hedge company in which Fink had a stake.

Fink has been a lifelong Democratic Party supporter.

Larry Fink’s Net Worth!

Fink’s net worth was estimated to be $1 billion as of December 2, 2021.

Mr. Fink holds over 16,365 units of Blackrock stock worth over $405,163,977 and has sold BLK shares worth over $249,022,981 in the last five years.

In addition, as Chairman of the Board and Chief Executive Officer of Blackrock, he earns $24,308,300.

How did Larry Fink Become So Rich?

According to Laurence’s Form 4 filed with the SEC, he has made over 15 trades in Blackrock stock since 2018. On December 2, 2021, he sold 16,365 units of BLK stock valued $15,070,856.

On January 30, 2020, he sold 46,730 units of Blackrock stock valued at approximately $25,081,860, the highest move he’s ever done.

Laurence has traded 14,189 units on average every 41 days since 2017. He still owns at least 589,724 units of Blackrock stock as of December 2, 2021.

Larry Fink’s Achievements & Awards!

Larry Fink has a long and illustrious career as a successful financial executive who has worked in his sector for more than four decades.

His most notable career achievement is his role as Chairman and Chief Executive Officer of BlackRock. He is quite active in his work, and we may expect him to achieve even more success in the future.

In 2016, he received the ABANA Achievement Award in New York for his outstanding leadership.

RELATED TOPICS:-