Black Rock Owner Net Worth (Updated 2026).

Larry Fink, the founder and CEO of BlackRock, began his career in the financial industry in the late 1970s. Born into a working-class family in the Bronx, New York, Fink’s passion for finance was ignited at an early age. He earned a Bachelor’s degree in Political Science from the University of California, Los Angeles, and later an MBA from the University of California, Berkeley.

After graduation, Fink started his career at First Boston, a prominent investment bank at the time. He quickly rose through the ranks, demonstrating exceptional talent in fixed-income securities. In 1988, Fink left First Boston to co-found BlackRock, focusing on risk management and fixed-income portfolio management. The company grew steadily, and by the late 1990s, it had become a significant player in the financial industry.

BlackRock Owner’s Current Net Worth (2025)

As of 2025, the latest available information estimates the net worth of BlackRock’s co-founder and former CEO, Larry Fink, to be around $1 billion.

Career

Larry Fink, born in 1952, co-founded BlackRock in 1988. He served as the company’s CEO until 2018, leading it to become the world’s largest asset manager. Prior to BlackRock, Fink worked at First Boston, where he rose to become the head of the taxable fixed income division.

Other Ventures

Beyond BlackRock, Fink has invested in various startups and funds. He is a co-founder of Stone Point Capital, a private equity firm, and has invested in companies like Uber and Airbnb through his personal investment vehicle, Lone Pine Capital.

Assets

Fink’s assets include a significant stake in BlackRock, residential properties in New York and the Hamptons, and an art collection. He also owns a 150-foot yacht, ‘Lady Luck,’ and a private jet.

Annual Income

In 2018, Fink’s last year as BlackRock’s CEO, his total compensation was $25 million, including a base salary of $2.5 million and stock awards valued at $22.5 million. Since then, his annual income has been primarily derived from his stake in BlackRock and other investments.

Frequently Asked Questions about  Black Rock Owner

Frequently Asked Questions: BlackRock Owner Net Worth

1. Who is the owner of BlackRock?

Larry Fink is the founder and CEO of BlackRock, the world’s largest asset manager.

2. When was BlackRock founded?

BlackRock was founded in 1988.

3. What is Larry Fink’s net worth?

Larry Fink’s net worth is estimated to be around $1 billion.

4. How did Larry Fink become the owner of BlackRock?

Larry Fink started BlackRock in 1988 with $10 million in assets from his former employer, Blackstone Group.

5. What is the total assets under management by BlackRock?

As of 2021, BlackRock manages approximately $9.6 trillion in assets.

6. What are some of the notable funds managed by BlackRock?

BlackRock manages several notable funds, including the iShares Core S&P 500 ETF (IVV) and the Vanguard Total Stock Market ETF (VTI).

7. What is Larry Fink’s role at BlackRock?

Larry Fink serves as the CEO and Chairman of BlackRock.

8. How has Larry Fink’s wealth grown over the years?

Larry Fink’s wealth has grown significantly over the years due to his successful leadership of BlackRock and its growth in assets under management.

9. What is Larry Fink’s salary at BlackRock?

Larry Fink’s salary at BlackRock is not publicly disclosed.

10. What are some of the philanthropic efforts of Larry Fink?

Larry Fink and his wife, Lori, have established the Fink Family Foundation, which focuses on supporting education, health, and community development initiatives.