A look at BlackRock's history: How did the $11.5 trillion king of asset management come to be?Source: Mansa Finance
Edited by: lenaxin, ChainCatcher
BlackRock's capital tentacles have penetrated more than 3,000 listed companies around the world, from Apple and Xiaomi to BYD and Meituan, and its shareholder list covers core areas such as the Internet, new energy, and consumption. While we use food delivery software or subscribe to funds, the financial giant with $11.5 trillion in assets under management is quietly reimagining the modern economic order.
BlackRock's rise began with the 2008 financial crisis. At that time, Bear Stearns was in a liquidity crisis due to 750,000 derivatives contracts (ABS, MBS, CDO, etc.), and the Federal Reserve urgently commissioned BlackRock to evaluate and dispose of its toxic assets. Founder Larry Fink led the liquidation of Bear Stearns, AIG, Citigroup and other institutions with the Aladdin system (risk analysis algorithm platform), and monitored Fannie Mae
DeepFlowTech·2025-04-17 07:29