# Laurence D. Fink

> Laurence D. Fink, known as Larry Fink, co-founded BlackRock with seven partners in 1988 and serves as its chairman and chief executive officer. His career connects mortgage trading, risk analytics, investment management, and a public argument for long-term investment and broader ownership.

- **Role:** Co-founder, Chairman and Chief Executive Officer at BlackRock
- **Organizations:** BlackRock, The First Boston Corporation (former), World Economic Forum, Museum of Modern Art, Aspen Institute, Partnership for New York City, UCLA Anderson Fink Center for Finance & Investments
- **Nationality:** American
- **Education:** BA in Political Science, University of California, Los Angeles, MBA, concentration in Real Estate, UCLA Anderson School of Management
- **Known for:** Co-founded BlackRock in 1988 and continues to lead it as chairman and CEO., Led the firm through its 1999 IPO and expansion into ETFs, technology, infrastructure, and private credit., BlackRock reported $15.5 trillion in client assets as of September 30, 2026.

## Career timeline

- **1976** — Joined First Boston, working in mortgage-backed securities.
- **1986** — His mortgage-trading team lost $100 million.
- **1988** — Co-founded the business that became BlackRock with seven partners.
- **1994** — BlackRock separated from Blackstone.
- **1999** — BlackRock went public and began selling Aladdin.
- **2006** — BlackRock combined with Merrill Lynch Investment Managers.
- **2009** — BlackRock acquired Barclays Global Investors, including iShares.
- **2024** — BlackRock completed the acquisition of Global Infrastructure Partners on October 1.
- **2025** — BlackRock completed Preqin on March 3 and HPS on July 1; Fink became an interim co-chair of the World Economic Forum in August.
- **2026** — Published an investor letter arguing for broader ownership and long-term investment.

## Achievements

- Co-founded BlackRock in 1988 and continues to lead it as chairman and CEO.
- Led the firm through its 1999 IPO and expansion into ETFs, technology, infrastructure, and private credit.
- BlackRock reported $15.5 trillion in client assets as of September 30, 2026.
- Financial News named him CEO of the Decade in 2011, as recorded by UCLA Anderson.

## Latest updates

- **2026-10** — BlackRock’s October 14 earnings release reported $15.5 trillion in AUM at September 30 and $205 billion in quarterly net inflows.
- **2026-07** — Appeared on CNBC Television on July 15 to discuss earnings, markets, AI, and long-term investing.
- **2026-05** — Joined Bruce Flatt and Michael Milken for a conversation at the Milken Institute Global Conference.
- **2026-03** — Published his 2026 Annual Chairman’s Letter to Investors on long-term investment and wider ownership.
- **2026-01** — Participated in Davos as interim co-chair of the World Economic Forum.

## 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/laurence-d-fink
Published by YesPress — https://yespress.io
Last updated: 2026-10-14