Core Insights - BlackRock, a major player in the financial industry, has assets comparable to the GDP of both the US and China, and has significant influence over well-known tech giants like Apple, Microsoft, and Tencent [1][3] - The company's rise is attributed to its founder Larry Fink, who transitioned from a political ambition to a successful finance career, notably inventing mortgage-backed securities (MBS) in the 1980s, which transformed banking practices [2][3] - Following the 2008 financial crisis, BlackRock capitalized on the situation, managing to expand its assets significantly while other financial institutions faltered [3][5] Company Overview - BlackRock's assets under management surged to $27 trillion, making it the largest asset management firm globally [3] - The firm has become a preferred partner for governments, managing substantial pension funds and collaborating with royal families [5] - BlackRock developed the Aladdin system, a powerful risk management tool utilized by various financial institutions and tech companies, enhancing its market insight and predictive capabilities [5][11] Recent Developments - During the COVID-19 pandemic, the US government directly entrusted $45 billion to BlackRock, which subsequently received $4 trillion in rescue funds from the Federal Reserve, doubling its asset management to $10 trillion [7] - In 2023, BlackRock signed a controversial deal with Ukraine, providing financial support in exchange for strategic resources if the country is unable to repay [9] - The firm has been strategically increasing its investments in key sectors, such as real estate and energy, particularly in the aftermath of disasters like the Hawaii wildfires [11] Influence and Power - BlackRock, along with Vanguard and State Street, controls over $20 trillion in assets, with significant stakes in 80% of S&P 500 companies and 44% of US-listed firms [13] - The company's influence extends beyond finance, as it has absorbed numerous former government officials, allowing it to impact national policies [11][15] - The perception of BlackRock as a "nation within a nation" highlights its ability to profit from crises and leverage its capital and data for further expansion [15]
美国贝莱德太霸道!俄乌冲突没结束就抢乌能源,连皇室资产也要管