Larry Fink

Laurence D. Fink is the co-founder, chairman, and chief executive officer of BlackRock, Inc., a leading global asset management firm. Fink and seven partners established BlackRock, which has grown into a prominent provider of investment management, risk management, and technology solutions for institutional and individual investors. With more than $14 trillion in assets under management, BlackRock holds stakes in thousands of companies through mutual funds, exchange-traded funds, and portfolios managed for institutional clients.

Fink's career in finance began at First Boston, where he became one of the first mortgage-backed securities traders on Wall Street. During his tenure, he contributed to the development of mortgage-backed securities and other securitization products, which have played a significant role in expanding access to credit and home ownership. A major trading loss at First Boston underscored for Fink the importance of comprehensive risk management, shaping his approach to investment strategy and leading to the founding of BlackRock. Initially part of The Blackstone Group, BlackRock became independent and later went public.

Under Fink's leadership, BlackRock has achieved key milestones, including its initial public offering, transformative acquisitions, and the expansion of iShares into a dominant global ETF platform. The firm has also become a major provider of financial infrastructure and risk management services to governments and central banks. Fink has been instrumental in advancing risk analytics and fixed-income securitization, and he led the development of BlackRock's Aladdin technology platform, a widely used risk management system in the investment industry. Technology remains central to BlackRock's global strategy, with Aladdin at the core of its operations. The acquisition of Preqin expanded BlackRock's capabilities in public and private markets data and workflow solutions.

Fink is recognized as an influential figure in global finance and public policy. He publishes an annual letter to business leaders and BlackRock's portfolio companies, addressing issues such as capital management, climate change, and long-term investing. His "Chairman's Letter" has highlighted topics including the democratization of investing and the importance of retirement systems and modernized markets. Fink serves as co-chair of the Board of Trustees of the World Economic Forum and co-chair of NYU Langone Medical Center. He also serves on the boards of The Museum of Modern Art, the Council on Foreign Relations, and Robin Hood.

Fink has been recognized by Fortune and Barron's for his leadership in the finance industry. His career reflects a focus on resilience, risk management, long-term thinking, and the evolution of global capitalism.