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BlackRock

BlackRock: A Global Investment Giant Navigating ESG Scrutiny BlackRock, Inc, founded in 1988, has ascended to become the world's largest asset manager, overseeing US$11.5 trillion in assets under management as of 2024. Operating from 70 offices across 30 countries, the firm boasts a global reach, se...

BlackRock Overview

Image Source : Wikipedia
  • Company type Public
  • Industry Investment management
  • Founded 1988
  • Founders Robert S. Kapito, Larry Fink, Susan Wagner
  • Headquarters 50 Hudson Yards, New York City, U.S.
  • Area served Worldwide
  • Key people Larry Fink, (chairman and CEO), Robert S. Kapito, (president), Philipp Hildebrand, (vice chairman)
  • Revenue US$20.41 billion (2024)
  • Net income US$6.369 billion (2024)
  • Number of employees 21,100 (2024)
  • Subsidiaries iShares, Global Infrastructure Partners
  • Website www.blackrock.com

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BlackRock history

Last Updated : 25/03/25, 02:51 PM
BlackRock: From Risk Management Pioneer to Global Asset Management Giant Founded in 1988 by Larry Fink and others, BlackRock initially focused on providing institutional asset management services, prioritizing risk management. Its early success stemmed from a $5 million credit line from Blackstone G...

BLACKROCK NEWS

BlackRock, Nvidia-backed group strikes $40 billion AI data center deal

October 16, 2025 8:15 am

Major tech companies including Alphabet, Amazon.com, Meta, Microsoft and CoreWeave, are on track to spend $400 billion on AI infrastructure this year.

Jio Financial Services shares advance 4% after entering into JV with BlackRock

April 16, 2024 10:40 am

At 10 am, shares of Jio Financial Services are trading 13.40 points, or 3.78 per cent higher at 367.75. The shares had fallen 4.8 per cent on Monday.

BlackRock, other major McDonald's shareholders side with company in fight with Icahn

May 26, 2022 1:45 pm

Index fund BlackRock, whose 4.6% stake ranks it as McDonald's third-largest investor, has cast its votes for the company, two people familiar with the voting said.

Snapdeal raises another $100 mn from BlackRock, Premji Invest, others

May 21, 2014 11:45 am

This follows Snapdeal’s previous round of equity financing of $133.77 mn in February.

BP teaches investors a lesson

June 10, 2010 10:44 am

For investors BP's travails are a stark reminder that micro risks have a bite all their own.

Money managers go for gold

May 26, 2010 10:07 am

Gold prices,up over 9 pct this year,hit $1,248.95 peak.

BlackRock to buy Barclays’ investment arm

June 12, 2009 11:55 am

BlackRock Inc will buy British bank Barclays Plc's investment arm BGI for $13.5 billion.

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