Laurence D. Fink Net Worth (Updated 2026).
Laurence D. Fink, born in 1952, kicked off his career in the finance world at the tender age of 17. He began as a messenger for the First National State Bank in his hometown of Los Angeles, California. This humble beginning set the stage for his relentless work ethic and passion for the industry.
After graduating from the University of California, Los Angeles with a degree in political science, Fink made a bold move to New York City in 1976. He started as an entry-level trainee at the First Boston Corporation, now known as Credit Suisse. It was here that Fink’s meteoric rise began, as he swiftly climbed the ranks, demonstrating an uncanny ability to navigate the complex world of finance.
**Laurence D. Fink’s Current Net Worth (2025)**
As of 2025, Laurence D. Fink’s estimated net worth stands at a staggering $1.5 billion, according to Forbes. This significant figure is a testament to his successful career in the finance industry and his leadership at BlackRock, the world’s largest asset manager.
**Career**
Laurence D. Fink, born in 1952, is an American business executive and the co-founder, chairman, and CEO of BlackRock, the world’s largest investment management corporation. He co-founded BlackRock in 1988 and has since grown the company into a global powerhouse, managing over $9.5 trillion in assets as of 2021. Fink’s career spans over four decades, with his early years spent at First Boston and later as a partner at The Blackstone Group.
**Other Ventures**
Beyond BlackRock, Fink has been involved in various other ventures. He serves on the boards of several prominent companies, including Microsoft and The Council on Foreign Relations. Fink is also known for his philanthropic efforts, having founded the Children’s Aid Society in New York City and serving as a trustee of the Museum of Modern Art.
**Assets**
Laurence D. Fink’s assets are predominantly tied to his stake in BlackRock. As of 2021, he owns approximately 12% of the company’s shares. His real estate holdings include a sprawling 7,000-square-foot penthouse in New York City, valued at around $50 million. Fink also owns a 16-acre estate in the Hamptons, purchased in 2019 for $20 million.
**Annual Income**
As the CEO of BlackRock, Laurence D. Fink’s annual compensation is substantial. In 2020, his total compensation package was valued at $25 million, including a base salary of $2.5 million, a cash bonus of $15 million, and stock awards valued at over $7 million.
Frequently Asked Questions about Laurence D. Fink
**Laurence D. Fink Net Worth FAQs**
1. **What is Laurence D. Fink’s net worth?**
Laurence D. Fink’s net worth is estimated to be around $1.5 billion.
2. **How did Laurence D. Fink make his money?**
Fink made his fortune by co-founding BlackRock, the world’s largest asset manager. He serves as the company’s chairman and CEO.
3. **When was BlackRock founded?**
BlackRock was founded in 1988.
4. **What is Laurence D. Fink’s role at BlackRock?**
Fink is the chairman and CEO of BlackRock. He co-founded the company and has been at its helm since its inception.
5. **What is the total assets under management (AUM) at BlackRock?**
As of 2021, BlackRock manages approximately $9.5 trillion in assets.
6. **What is Laurence D. Fink’s educational background?**
Fink graduated from the University of California, Los Angeles with a Bachelor of Arts degree in political science. He also has a Master of Business Administration degree from the University of California, Los Angeles Anderson School of Management.
7. **Where was Laurence D. Fink born?**
Fink was born in Los Angeles, California.
8. **What is Laurence D. Fink’s political affiliation?**
Fink is a registered Democrat.
9. **What are some of Laurence D. Fink’s philanthropic efforts?**
Fink is known for his philanthropic efforts, including a $10 million donation to the University of California, Los Angeles to establish the Laurence D. Fink Center for Finance at the UCLA Anderson School of Management.
10. **What is Laurence D. Fink’s age?**
Fink was born on November 2, 1952, making him 69 years old.
