Does Blackwater own BlackRock? (2023) (2023)

FAQs

What is BlackRock's net worth in 2023? ›

Interactive chart of historical net worth (market cap) for BlackRock (BLK) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. BlackRock net worth as of June 01, 2023 is $98.48B.

Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 9.0% of shares outstanding. Capital Research and Management Company is the second largest shareholder owning 4.6% of common stock, and State Street Global Advisors, Inc. holds about 4.2% of the company stock.

Larry Fink is the founder, CEO and chairman of powerhouse investment management firm BlackRock, one of the world's largest asset managers. He and seven partners founded BlackRock in 1988. Originally it was part of The Blackstone Group.

BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.

BlackRock is a top shareholder across a wide range of global industries that include oil and gas, technology, retail, big banks, healthcare, weapons manufacturing, and much more. All this makes BlackRock one of the most powerful corporate actors on the planet, whose influence touches every aspect of our daily lives.

BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson to provide institutional clients with asset management services from a risk management perspective.

Vanguard isn't owned by shareholders. It's owned by the people who invest in our funds. Our owners have access to personalized financial advice, high-quality investments, retirement tools, and relevant market insights that help them build a future for those they love. That's the Value of Ownership.

BlackRock and Vanguard AUM is $8.6 & $8.1 trillion, respectively. In total, they both own/invested in 1,600 U.S. companies(Reuters:2022). BlackRock's secret weapon, an advanced trading algorithm called Aladdin(Asset, Liability, Debt and Derivative Investment Network) has been shaping global markets for decades.

Is BlackRock China owned? ›

New York-based BlackRock is the first foreign-owned company allowed by Beijing to operate a wholly-owned business in China's burgeoning mutual fund industry.

Here is a list of the top companies that are stockholders in BlackRock and their stake percentages: The Vanguard Group, Inc. - 8.1%

The top three individual shareholders include Jeff Bezos, Andrew Jassy, and Douglas Herrington. Amazon's top three institutional shareholders are Vanguard, Blackrock, and State Street.

BlackRock is also the sole shareholder and owner of shares in the four largest Australian banks. The company has hands-on everything. The German postal system, Commerzbank, and Deutsche Bank in Germany, followed by Lloyds Bank in the UK, and BlackRock is a stakeholder in all of them.

Alphabet (Google) is owned by its shareholders. The largest ones are Vanguard, which owns a 7.0% share, followed by BlackRock (6.2%), co-founder Larry Page (6.1%), co-founder Sergey Brin (5.7%), and ex-CEO Eric Schmidt (0.6%).

Elon Musk now owns less stock in Tesla, the EV maker he founded, than America's "Big Three" passive-investing funds have, the Financial Times has reported. The combined holdings of the index fund industry's three giants — BlackRock, Vanguard and State Street — make up a 13.58% stake in Tesla, it found.

BlackRock, Inc., holds 3.60% of Walmart shares, worth about $13.6 billion. BlackRock, Inc., is a multinational investment company in New York City. It is the largest asset manager in the world, with about $10 trillion worth of assets as of January 2022.

Why is BlackRock better than Vanguard? ›

Because its investors essentially own the firm, it can provide most of its services at cost. If The Vanguard Group does make a profit, this money is returned to investors as dividends. BlackRock, on the other hand, is a publicly traded entity, so it prioritizes making money for its shareholders.

BlackRock, Inc. is owned by Rockefeller Capital Management L.P. for $76.56 million (NYSE:BLK)

Apple Inc. is a publicly traded company, so no individual or entity owns the company in its entirety. However, the majority stakeholder of the company as of 2023 is The Vanguard Group, which holds 7.6% of all outstanding shares.

The combined holdings of the index fund industry's three giants — BlackRock, Vanguard and State Street — make up a 13.58% stake in Tesla, it found. Vanguard funds own 6.85% of Tesla, adding up to the second-biggest shareholder, while BlackRock and State Street funds have a 3.6% and 3.13% stake, respectively.

BlackRock, the world's largest asset manager, has become Samsung Securities' third-largest shareholder as of the end of February, data showed. According to data from the Financial Supervisory Service, the U.S. investment firm secured a 5.46 percent stake in the Samsung affiliate as of Feb. 28.

Unlike other investment management companies, we don't have shareholders or a private ownership group. Vanguard is the only investment management company owned by its investors*—you and more than 30 million Vanguard investors worldwide.

One of either Blackrock, Vanguard, or State Street is the largest shareholder in 88% of S&P 500 companies. They are the three largest owners of most DOW 30 companies. Overall, institutional investors (which may offer both active and passive funds) own 80% of all stock in the S&P 500.

'Billionaire Stocks': Bill Gates, Berkshire Hathaway (BRK.B)

The natural stock pick held by the world's wealthiest person is Microsoft (NASDAQ:MSFT), the giant tech company Bill Gates co-founded with Paul Allen in 1975. Gates still owns almost 103 million shares of the company worth $15.4 billion.

Together, BlackRock and Vanguard own 18% of Fox, 16% of CBS, 13% of Comast — which owns NBC, MSNBC, CNBC, and the Sky media group, 12% of CNN, and 12% of Disney — which owns a number of subsidiaries.

Who is bigger Fidelity or BlackRock? ›

BlackRock Funds top the list in terms of assets held by a single fund family, followed by other familiar names such as Vanguard, Charles Schwab, State Street Global Advisors, and Fidelity Investments.

Fidelity and Vanguard are two of the largest investment companies in the world. Fidelity boasts 40 million individual investors and $9.9 trillion in assets under management (AUM). Meanwhile, Vanguard has more than 30 million investors and $8.5 trillion in assets under management.

The Bureau analysed BlackRock's holdings over the past eight years in 10 companies that form the mainstay of Russia's economy: Gazprom, Rosneft, Sberbank, VTB, Transneft and Alrosa – which are all part state-owned – as well as Lukoil, Tatneft, Novatek and Nornickel.

BlackRock, Fidelity Lose Out in $1 Trillion China Pension Market.

BlackRock, the world's largest asset manager, has slashed its 88.3 percent stake in Alibaba (9999) in the second quarter, involving 74.03 million shares and cashing out around HK$117 billion.

1 BlackRock derives the majority of its revenue from investment advisory and administrative fees charged to its clients. Among BlackRock's major competitors are The Vanguard Group, State Street Corp. (STT), and T.

The top shareholders of Apple are Arthur Levinson, Tim Cook, Jeff Williams, Vanguard Group Inc., BlackRock Inc. (BLK), and Berkshire Hathaway Inc.

BlackRock has grown from a start-up to a market leader by attracting clients and employees, and by acquiring several other asset management companies. BlackRock's mission is to create a better financial future for our clients, by building the most respected investment and risk manager in the world.

Reports indicate that the BlackRock Fund has a 4.09% stake in Walt Disney, which equates to 74,577,472 shares valued at $6,479,290,767. This stake represents a significant percentage of the common stock of the Walt Disney Company, making it one of the largest institutional shareholders of the company.

The top shareholders of Ford are William Clay Ford, James D. Farley, James P. Hackett, Vanguard Group Inc., BlackRock Inc. (BLK), and Newport Trust Co.

Does BlackRock own Microsoft? ›

BlackRock is the second-largest shareholder of Microsoft, owning 7.1% of its shares. As of December 2022, the market value of BlackRock's stake in Microsoft was $127.6 billion. BlackRock owned 532 million shares in Microsoft and controlled 532 million shareholder votes as of December 2022.

Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 268.36MM shares of Wells Fargo & Co (WFC). This represents 7.0% of the company.

Blackrock is an investment fund managing more than $3.37 quadrillion ran by /s/ Fleming. There are currently 4780 companies in Fleming's portfolio. The largest investments include Apple Inc and Microsoft, together worth $326 trillion.

BlackRock is the largest shareholder of Nestlé, owning 5.0% of its shares. However, because other shareholders hold super-voting shares, BlackRock's voting power is only 5.0%. As of December 2022, the market value of BlackRock's stake in Nestlé was $15.6 billion.

So, who owns Meta (Facebook), and who controls it? The largest shareholders that own Meta (Facebook) are founder Mark Zuckerberg, who owns 13.4% share, and asset managers Vanguard (6.9%), BlackRock (5.8%), and Fidelity (4.7%).

Berkshire Hathaway is the largest shareholder of Coca-Cola, owning 9.2% of its shares. As of December 2022, the market value of Berkshire Hathaway's stake in Coca-Cola was $25.4 billion. Berkshire Hathaway owned 400 million shares in Coca-Cola and controlled 400 million shareholder votes as of December 2022.

BlackRock Inc.'s assets swelled to $9.09 trillion in the first quarter as depositors sought cover following the collapse of several US banks by pouring money into the firm's cash-management funds.

BlackRock is the world's largest asset management firm, with Assets under Management of almost $7.4 trillion (as on 31st December 2019).

American Vanguard net worth as of May 29, 2023 is $0.51B.

Who was the world's richest stock broker? ›

BlackRock's top three holdings are Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), and Amazon (NASDAQ:AMZN). BLK owns $141 billion of AAPL stock, $120.8 billion of MSFT, and $65.8 billion of AMZN.

Conclusion: In almost every major company one can find BlackRock among the top 10 financial investors. With such a massive reach BlackRock is basically the 4th branch of the US government, easily influencing policies and decision making and even lending money to the Central Bank and Federal Reserve in times of crisis.

Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is the current chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management.

Stock Price Forecast

The 16 analysts offering 12-month price forecasts for BlackRock Inc have a median target of 765.00, with a high estimate of 920.00 and a low estimate of 542.00. The median estimate represents a +14.43% increase from the last price of 668.54.

The Automatic Investment Plan (“AIP”) allows you to invest in your BlackRock funds on a periodic basis for a minimum of $50 per fund.

BlackRock Inc. reduced Chief Executive Larry Fink's total compensation to $25.2 million for 2022, a 30% decline from the previous year, according to a regulatory filing.

BlackRock long term debt for the quarter ending March 31, 2023 was $13.134B, a 9.5% decline year-over-year. BlackRock long term debt for 2022 was $12.419B, a 14.51% decline from 2021. BlackRock long term debt for 2021 was $14.527B, a 38.89% decline from 2020.

With $9 trillion in assets under management and ownership of more than 7 percent of shares on the S&P 500, BlackRock voted with shareholders 35 percent of the time, up from 17 percent a year ago. The firm voted against corporate management at 42 percent of shareholder meetings this year, up from 39 percent in 2020.

Vanguard is paid by the funds to provide administration and other services. If Vanguard ever did go bankrupt, the funds would not be affected and would simply hire another firm to provide these services.

Who is the biggest investor in Vanguard? ›

Most Vanguard mutual funds have a $3,000 minimum, but you can invest in any Vanguard Target Retirement Fund or Vanguard STAR® Fund with as little as $1,000.