Skip to Content
  • Title
    CEO
  • Company
    BlackRock

In Larry Fink’s 28th year as CEO, the world’s largest money manager surpassed a jaw-dropping milestone: $5 trillion in assets under management, up 10% since 2015. BlackRock’s ETFs now total $1.3 trillion, and that was before the firm made its flagship iShares products even cheaper than Vanguard’s. Those assets give Fink a lot of weight in the market and in politics, where he’s bandied about as a potential Treasury Secretary in a Clinton administration. Fink says he wants the heretofore timid giant to wield some clout: In February he wrote to 500 CEOs urging them to invest for the long term. BlackRock even led its first activist campaign this year, at a Hong Kong financial company. Says Blackstone’s Steve Schwarzman, “Larry is an extraordinary businessperson.”

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access