# Larry Fink

> Larry Fink is the American co-founder, chairman and CEO of BlackRock. After a $100 million loss at First Boston in 1986, he helped establish a firm centered on investment risk and technology in 1988. His career spans the development of Aladdin, the expansion of iShares through the Barclays Global Investors acquisition, public arguments about corporate purpose and climate risk, and a recent push into infrastructure, private credit and investment data.

- **Role:** Chairman and Chief Executive Officer at BlackRock
- **Organizations:** BlackRock, First Boston (former), World Economic Forum, Museum of Modern Art, Aspen Institute, Partnership for New York City
- **From:** Los Angeles, United States
- **Nationality:** American
- **Education:** BA in Political Science, University of California, Los Angeles, MBA in Real Estate, UCLA Anderson School of Management
- **Known for:** Co-founded BlackRock in 1988 and continues to serve as chairman and CEO., Helped build an investment business with Aladdin technology and iShares ETFs., Led BlackRock through its 1999 public listing and major acquisitions including Barclays Global Investors.

## Career timeline

- **1976** — Joined First Boston in New York after completing his MBA.
- **1986** — His First Boston trading department lost $100 million in the second quarter.
- **1988** — Co-founded BlackRock with seven partners, initially focused on fixed income.
- **1999** — BlackRock listed on the New York Stock Exchange.
- **2006** — BlackRock combined with Merrill Lynch Investment Managers.
- **2009** — BlackRock acquired Barclays Global Investors, including iShares.
- **2016** — Delivered a UCLA commencement address on curiosity, failure and humility.
- **2018** — Urged corporate leaders to consider their social purpose and stakeholders.
- **2020** — Argued in his CEO letter that climate risk is investment risk.
- **2024** — BlackRock completed its acquisition of Global Infrastructure Partners.
- **2025** — BlackRock completed acquisitions of Preqin and HPS; Fink became interim co-chair of the World Economic Forum alongside André Hoffmann.
- **2026** — Published an annual letter advocating broader access to long-term investing.

## Achievements

- Co-founded BlackRock in 1988 and continues to serve as chairman and CEO.
- Helped build an investment business with Aladdin technology and iShares ETFs.
- Led BlackRock through its 1999 public listing and major acquisitions including Barclays Global Investors.
- BlackRock reported approximately $15.5 trillion in client assets under management as of September 30, 2026.

## Latest updates

- **2026-10** — On October 14, BlackRock reported approximately $15.5 trillion in assets under management and $205 billion of quarterly net inflows for the third quarter of 2026.
- **2026-03** — Published his annual chairman’s letter, Growing with your country: Thoughts from a long-term optimist.
- **2025-08** — Appointed interim co-chair of the World Economic Forum with André Hoffmann.
- **2025-07** — BlackRock completed its acquisition of HPS Investment Partners on July 1.

## Links

- Website: https://www.blackrock.com/corporate/about-us/who-we-are/leadership/larry-fink
- LinkedIn: https://www.linkedin.com/in/laurencefink

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Profile page: https://yespress.io/larry-fink
Published by YesPress — https://yespress.io
Last updated: 2026-10-21