Who owns BlackRock?

• The Vanguard Group, Inc. - 8.1%

• BlackRock Fund Advisors - 4.65%

• SSgA Funds Management, Inc. - 4.30%

• Temasek Holdings Pte Ltd. - 3.36%

Laurence D. Fink is the Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions.

BlackRock was conceived to provide institutional clients with asset management services from a risk management angle. By 1992, Pete Peterson of Blackstone had a stake equating to about 35% of the company, and Stephen A. Schwarzman and Fink were considering selling shares to the public.

The firm adopted the name BlackRock in 1992, and by the end of that year, BlackRock was managing $17 billion in assets. At the end of 1994, BlackRock was managing $53 billion of assets.

In 2021, the company had an annual revenue of $19.17 billion, with 18,400 employees working for BlackRock.