laurence douglas fink

In 1988, Laurence D. Fink co-founded BlackRock under The Blackstone Group. Fink has been active in his career since the 1970s. He was a Kappa Beta Phi member. Additionally, Larry Fink serves as New York Universitys board of trustees and also chairs the Financial Affairs Committee. WebDr. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Prior to founding BlackRock in 1988, Mr. Fink was a member of the Management Committee and a Managing Director of The First Boston Corporation. Learn how your comment data is processed. In 1976, Larry Fink was employed in the investment band called First Boston. He has served as a member of First Bostons Management Committee. Denn diese trage wesentlich zu besseren Entscheidungen und damit zu einem langfristig hheren Unternehmenswert bei. He stayed with First Boston until a mistake was made in his department that lost the company $100 million from an incorrect prediction with regard to the direction that interest rates would take. Larry Fink is one of the most successful financial executives in the world. Laurence D. Fink also served as the chair of corporate council and co-chair of the global client committee when BlackRock went public in 1999. Dabei sollten sie darauf achten, welche Werte sie als Unternehmen vertreten wollen und wie sie am besten mit ihren Stakeholdern umgehen. Laurence D. Fink There are 5 professionals named "Larry Fink", who use LinkedIn to exchange information, ideas, and Laurence Douglas "Larry" Fink (born 1952) is an American financial executive. [22][23], In 2016, Fink received the ABANA Achievement Award in New York City. Sein ltester Sohn, Joshua, ist Grnder des Hedgefonds Enso Capital Management. He then went on to earn his MBA in real estate (1974-76) from the UCLA Anderson School of Management. Fink started his career in 1976 at First Boston, a large New York-based investment bank. Show Laurence D. Fink In 2016, the company had 12,000 employees and an under the management of $5 trillion. Mr. Fink earned an MBA from the University of California at Los Angeles (UCLA) in 1976 and a BA from UCLA in 1974. Joshua Fink is their eldest son. [36] In this letter, he explained how climate will become a driver in economics, affecting all aspects of the economy. [45], However, Fink has been largely vocal on companies taking action on climate change, and in an open letter in 2022 stated Every company and every industry will be transformed by the transition to a net-zero world. This is one of the reasons why I think liquidity disclosure is a good thing. In 1988, Laurence worked a deal with the Blackstone Group to co-found BlackRock. The U.S. government contracted with BlackRock to help clean up after the financial meltdown of 2008. Des Weiteren forderte er mehr Transparenz von den Unternehmen. He also co-chairs the NYU Langone Medical Center board of trustees and is a trustee of the Boys' Club of New York. A natural leader, he also served as the firms chairman of the board and chairman of the executive and leadership committees. WebLaurence Douglas "Larry" Fink (born 1952) BlackRock is the largest money-management firm in the world by assets under management. Laurence D. Fink has been married to Lori since 1970. November 1952 in Los Angeles) ist ein US-amerikanischer Unternehmer. Member of the Advisory Board, Tsinghua University School of Economics and Management, Beijing. [16], In 2003, Fink helped to negotiate the resignation of the CEO of the New York Stock Exchange, Richard Grasso, who was widely criticized for his $190 million pay package. [3][4] 1988 war er Mitgrnder des Unternehmens BlackRock, dessen Vorsitzender er seit 1998 ist. He also called for an increase in the diversity of the workforce of these large corporations. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions. WebLaurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. 5 (5 ratings) Leave a review. Right out of the chute, Mr. Fink made a good name for himself at First Boston. Fink grew up in a Jewish family in Van Born In: Los Angeles, California, United States, American Men [1] Seit seiner Studienzeit ist er Mitglied der Studentenverbindung Phi Beta Kappa.[2]. Das verwaltete Vermgen des Konzerns lag Ende 2020 bei 8,70 Billionen US-Dollar. [4] In April 2022, Fink's net worth was estimated at US$1 billion according to Forbes Magazine. Fink is a lifelong Democrat. WebLaurence D. Fink American Businessman Laurence Douglas "Larry" Fink is an American financial executive. Fink, one of three children, earned his baccalaureate and his Master of Business Administration (MBA) degree, with an academic specialization in Real Estate, from the University of California, Los Angeles, in Valley of the Sun Dentistry P.l.l.c. But the largest companies in Silicon Valley are trying to change that, using virtual sports platforms to drive adoption and profit in this new world. Eventually taking charge of First Boston's bond department, Fink was instrumental in the creation and development of the mortgage-backed security market in the United States. [30] Fink forderte die CEOs auf, den Stakeholder-Kapitalismus zu verfolgen und damit die Interessen von Mitarbeitern, Kunden und der Gemeinschaft strker zu bercksichtigen. Mai 2015 in der Frankfurter Allgemeinen Sonntagszeitung, Fink sei ein persnlicher Freund von Anshu Jain und habe als Groaktionr seinerzeit geholfen, Jain als Co-Chef der Deutschen Bank durchzusetzen. [7] Im Juli 2021 wurde es vom Forbes Magazine mit 1,2 Mrd. Larry Fink is a financial executive from the United States who serves as the chief executive officer and chairman of the multinational investment management corporation called BlackRock. He also serves in many other positions of the company as Chair of Corporate Counsel, Chairman of the Executive and Leadership Committees, and Chairman of the Board. By 2012, BlackRock had $3.5 trillion under management, with 10,000 professionals in 27 countries. [13] Allerdings liefert der Autor keine Belege fr diese Behauptung. Member of the Board of Trustees, New York University (NYU); Co-Chairman, NYU Langone Medical Center Board of Trustees. BlackRock Location 55 E 52nd St, New York, New York, 10055, United States Description Industry Investment Banking Finance Discover more about BlackRock As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution. Georg Meck schrieb am 24. WebLaurence Douglas Fink (2-noyabr 1952-yilda tug'ilgan) Amerikaning milliarder biznesmeni. The couple have three children togethe and their oldest son is the CEO of Enso Capital. Fink is also on the board of the Robin Hood Foundation. They are the parents of three children, including Joshua Fink, who is the chief executive officer of the hedge fund Enso Capital. Fink grew up in a Jewish family in Van Nuys, California, where his mother was an English professor and his father owned a shoe store. Using open source technologies, Hadoop allows huge volumes of data to be processed via, Read More 10 Things You Didnt Know about ClouderaContinue, The Internet has become more and more important. [44], In December 2021, BlackRock teamed up with a Saudi asset manager to pay $15.5 billion to buy and then lease back pipelines to Saudi Aramco. On this Wikipedia the language links are at the top of the page across from the article title. He is the current chief executive officer and chairman of the multinational investment management corporation, BlackRock. 1988, founded BlackRock, a global leader in investment and technology solutions to help investors build better financial futures; currently, Chairman and Chief Executive Officer. Today, BlackRock is considered as the world's largest money-management firm in terms of assets under its management. Early life and education Fink grew up in a WebLaurence Douglas Larry Fink (* 2. By 2012, BlackRock had $3.5 trillion under management, with 10,000 professionals in 27 countries. Fink added as much as $1 billion to First Bostons bottom line. Auerdem kndigte Fink an, dass seine Firma auf mehr Transparenz hinsichtlich geschftsspezifischer Klimarisiken pochen wrde. [21], 2015 kritisierte Fink den amerikanischen Aktienmarkt dafr, sehr viel Geld ber Dividenden und Aktienrckkufe an die Anteilseigner zurckgefhrt zu haben. WebLaurence Douglas Fink is Chairman/CEO/Co-Founder at BlackRock Inc. See Laurence Douglas Fink's compensation, career history, education, & memberships. At First Boston, Fink was a member of the Management Committee, a Managing Director, and co-head of the Taxable Fixed Income Division; he also started the Financial Futures and Options Department, and headed the Mortgage and Real Estate Products Group. Early life and education He is a trustee of New Yorks Boys and Girls Club. In 2018, he sent an open letter, where he told corporations for playing a role in environmental improvement. [4], Im April 2018 wurde Finks Privatvermgen vom Bloomberg Billionaires Index mit einer Milliarde US-Dollar angegeben. In 2006 Fink led the merger with Merrill Lynch Investment Managers, which doubled BlackRocks asset management portfolio. The contract award was made with an absence of competitive bidding which raised a few issues. In 2003, he played a key role in negotiating the resignation of the New York Stock Exchange CEO, Richard Grasso. Fink founded the Lori and Laurence Fink Center for Finance & Investments at UCLA Anderson in 2009, and currently serves as Chairman of the Board. In addition, he serves on the boards of the Museum of Modern Art, the Council on Foreign Relations and the International Rescue Committee. Larry Fink is a very successful financial executive who has been active in his career for over four decades. Er erwhnt Trumps Wirtschaftsplne und den Brexit. When the project ended in default, BlackRock clients lost their money, including the California Pension and Retirement System, which lost about $500 million. 2023 BlackRock, Inc. All rights reserved. Fink serves on the board of trustees of New York University, where he holds various chairmanships including chair of the Financial Affairs Committee. He has served in many important positions of the company. [46], In 2022, Fink was named one of the US' top "climate villains" by The Guardian due to BlackRock profiting from deforestation.[47]. He also co-chairs the NYU Langone Medical Center board of trustees and is a trustee of the Boys and Girl's Club of New York. [43] In September 2018, an activist with the U.S. non-profit organization Code Pink confronted Fink on stage at the Yahoo Finance All Markets Summit. Career As the firm continued to grow, he became more powerful. Fink's longstanding relationships with senior government officials have led to questions about potential conflict of interest regarding government contracts awarded without competitive bidding. Larry Fink: Climate Crisis Will Reshape Finance", "Media and Climate Change Observatory Monthly Summary: If you think you've heard this story before, you haven't seen anything yet - Issue 37, January 2020", "Three police officers appeared to kneel on George Floyd in new video", "Color of Change Calls on Larry Fink to Stop Supporting NYC Police Foundation", "Financial Elite's Offspring Start Their Own Hedge Funds", "A Second-Generation Fink Rises in Finance", "Larry Fink calls on CEOs to realize their companies' social responsibility", "Larry Fink blitzed by war protesters at conference", "BlackRock's Larry Fink tells fellow CEOs that businesses are not 'climate police', "Larry Fink's Annual 2022 Letter to CEOs", "The dirty dozen: meet America's top climate villains", "Golden Plate Awardees of the American Academy of Achievement", "Appeal of Conscience Foundation to Honor Laurence D. Fink, Chairman and Chief Executive Officer of BlackRock, with 2015 Appeal of Conscience Award", "Americas Society 35th Annual Spring Party Honoring Miguel Alemn Velasco and Laurence D. Fink", "BlackRock chairman Laurence Fink receives UCLA Medal", "Museum of American Finance to Honor Laurence D. Fink and Dr. Janet Yellen at 2019 Gala", Lori and Laurence Fink Center for Finance & Investments, https://en.wikipedia.org/w/index.php?title=Larry_Fink&oldid=1139682528, American chief executives of financial services companies, UCLA Anderson School of Management alumni, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, 2019, Charles Schwab Financial Innovation Award, This page was last edited on 16 February 2023, at 10:18. Larry is related to Matthew Fink and Joan Clark Fink as well as 2 additional people. Der Brief wird in Unternehmenskreisen und am Kapitalmarkt breit diskutiert. and Vail, Colorado. Hes known for his success in the investment industry but there are a lot of things that most people are not aware of when it comes to his past and who he is as a person as well as a professional. WebLaurence Douglas Fink (cropped).jpg 799 1,116; 370 KB Categories: Fink (surname) Laurence (given name) 1952 births Businessmen from the United States Non At First Boston, Fink was a member of the Management Committee, a Managing Director, and co-head of the Taxable Fixed Income Division; he also started the Financial Futures and Options Department, and headed the Mortgage and Real Estate Products Group. He later took charge of the bond department of the bank and was instrumental in developing the mortgage-backed security market in the USA. Alle CEOs sollen jedes Jahr einen strategischen Unternehmensplan prsentieren, wie sie langfristigen Unternehmenswert schaffen wollen. Larry Fink, whose full name is Laurence Douglas Fink, is one of the most recognizable businessmen on Wall Street. James makes a lot of money in basketball but also in, Read More Lebron James: Five Humongous Charitable DonationsContinue, Andre Esteves is a Brazilian businessman who is known as one of the richest people in Sao Paulo, Hes a billionaire who has made his fortune in the financial sector of business. WebView the profiles of professionals named "Larry Fink" on LinkedIn. Fink ist seit den 1970er-Jahren mit seiner Frau Lori verheiratet und hat drei Kinder. Fink forderte die CEOs auf, Klimarisiken im Investmentprozess ihrer Firmen strker zu beachten. Profit sei das notwendige Fundament, damit Unternehmen langfristig allen ihren Stakeholdern dienen knnen. Please enable JavaScript in your browser's settings to use this part of Geni. WebFind Laurence Douglas Fink stock photos and editorial news pictures from Getty Images. Larry Fink Net Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki, Van Nuys, Los Angeles, California, United States. Fink started his career in 1976 at First Boston, a large New York-based investment bank. Auerdem kndigte Fink an, dass BlackRock alle seine Kunden, einschlielich Privatanlegern, an der Stimmrechtsausbung der von BlackRock verwalteten Anteile beteiligen wird, wenn dies gewnscht ist.[31]. He is a member of the advisory board of the Tsinghua Universitys School of Economics and Management, Beijing, China. Member of the Board: Museum of Modern Art, the Council on Foreign Relations, and the Nature Conservancy. Er fordert die Gesetzgeber auf, langfristige Kapitalanlagen strker zu frdern. [25], 2019 setzte Fink den Fokus auf den Zusammenhang von Unternehmenszweck und langfristigem Gewinn. These products are recognized around the world as suitable vehicles for a wide range of investors. His greatest career achievement is to be the Chief Executive Officer and Chairman of BlackRock. He received New Yorks ABANA Achievement Award in 2016 for his outstanding leadership. In 1988, Fink co-founded BlackRock under the corporate umbrella of The Blackstone Group and became a Director and CEO of BlackRock. What is the salary of Mr Fink? He also received the ABANA Achievement Award for his work in finance to maintain positive cooperation between the United States, North Africa and the Middle East. [37], Larry Fink is also longtime donor and supporter of the New York City Police Foundation: a group that provides financial support to the New York City Police Department. Fink ist Grnder, Aufsichtsratsvorsitzender und Laurence D. Fink is Chairman and Chief Executive Officer of BlackRock. The professional basketball player especially gives back to his hometown of Akron, Ohio. The question is, will you lead, or will you be led?. Following that, he went to the Anderson Graduate School of Management of the University of California, Los Angeles for his MBA in real estate. Though, he is 5 6 in feet and inches and 170 cm in Centimetres tall, he weighs about 150 lbs in Pound and 68kg in Kilograms. BlackRock, Inc. (NYSE:BLK) Q4 2015 Earnings Conference Call January 15, 2016 8:30 AM ETExecutives. Joshua, the eldest son, is chief executive officer of Enso Capital, a hedge fund in which Fink owns a stake. Larry Fink, DDS is a Dentistry Practitioner in Glendale, AZ. In 2006, Laurence D. Fink headed the merger with Merrill Lynch doubling BlackRocks asset management. Nach dem Ende seines Studiums arbeitete er als Trader bei der Investmentbank First Boston, bei der er durch falsche Zinsvorhersagen einen Verlust von 100 Millionen US-Dollar verursachte und sich so seinen Ruf als Trader ruinierte. [15][16], In seiner Funktion als BlackRock CEO schreibt Larry Fink seit 2012 jedes Jahr einen Brief an die CEOs der Firmen, an denen BlackRock Anteile hlt. Career It is the worlds largest money management firm and it manages over $6 trillion in assets. This article is about the businessman. He serves as a member of the Board of Trustees of New York University (NYU) and the World Economic Forum, and is Co-Chairman of the NYU Langone Medical Center Board of Trustees. Er kritisiert die kurzfristig-orientierten Anleger des Kapitalmarktes. [30], In his 2018 annual open letter to CEOs, he called for corporations to play an active role in improving the environment, working to better their communities, and increasing the diversity of their workforces. At First Boston, Fink was a member of the Management Committee, a Managing Director, and co-head of the Taxable Fixed Income Division; he also started the Financial Futures and Options Department, and headed the Mortgage and Real Estate Products Group. Geni requires JavaScript! She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. That's an enormous responsibility. [14] At First Boston, Fink was a member of the management committee, a managing director, and co-head of the Taxable Fixed Income Division; he also started the Financial Futures and Options Department, and headed the Mortgage and Real Estate Products Group. The birth name of this American financial executive is Laurence Douglas Fink. They got orders from all over the world that they could not, Read More 10 Things You Didnt Know About Mike GrilloContinue, For individuals and business looking to capitalize on the power of big data, Hadoop is the number one platform of choice. However, the Stuyvesant TownPeter Cooper Village project failed, leading BlackRock clients to lose about US $500 million. As a result, it should come as no surprise to learn that there are programs meant to help households in need pay for their Internet connection, thus, Read More How to Enroll in the Affordable Connectivity ProgramContinue, Bad habits. [8], Politisch ist er ein Anhnger der Demokraten und gilt als lebenslanger Untersttzer. Fink has been married to his wife, Lori, since the mid-1970s. The majority of our clients BlackRock remains the leading manager of the U.S. Government's bailout of Wall Street. Thanks to his hard work and dedication that he can make this money. The US $100 million loss served as a catalyst to motivate him to start his own investment company with better risk management. In the past, Laurence has also been known as Laurence D Fink, D Fink and Laurence D Fink. If you do not know, We have prepared this article about details of Larry Finks short biography-wiki, career, professional life, personal life, todays net worth, age, height, weight, and more facts. Eventually taking charge of First Boston's bond department, Fink was instrumental in the creation and development of the mortgage-backed security market in the United States. Weiterhin fordert er Gesetzgeber abermals zu konkreten Frderungen von langfristigen Geschftsmodellen auf. [25], During the coronavirus pandemic of 2020 the Fed has turned to BlackRock to help it purchase distressed securities in an echo of 2008. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a Fink ist Grnder, Aufsichtsratsvorsitzender und Vorstandsvorsitzender der weltgrten Vermgensverwaltung BlackRock. Although BlackRock is widely believed to have been the best choice for the cleanup job, Fink's longstanding relationships with senior government officials have led to questions about potential conflict of interest regarding government contracts awarded without competitive bidding. Fink fordert die CEOs auf, besser zu erklren, worin ihre langfristige Unternehmensstrategie besteht. He is the chairman and chief executive officer of BlackRock, an American multinational investment management corporation. He joined their team in 1976 and worked his way up in the company. When BlackRock split from Blackstone in 1994, Fink retained his positions, which he continued to hold after BlackRock became more independent in 1998. [26], Fink serves on the board of trustees of New York University, where he holds various chairmanships including chair of the Financial Affairs Committee. WebLaurence Douglas Fink Edit Profile also known as Larry Fink. Laurence D. Fink is a member of the board of trustees of New York University. [4] Privat zchtet Fink auf seinem Anwesen in North Salem (New York) Pferde und ist als begeisterter Kunstsammler der Stilrichtung American Folk Art bekannt. [9] That same year, BlackRock's $5.4 billion purchase of Stuyvesant TownPeter Cooper Village, a Manhattan housing complex, became the largest residential-real-estate deal in U.S. history. Laurence Douglas Fink. His height is 1.70 m tall, and weight is 68 kg. BlackRock is part of the Finance industry, and located in New York, United States. Our thought leadership in investing, risk management, portfolio construction and trading solutions. WebLaurence D. Fink is a renowned financial executive and the founder, chairman, and chief executive officer (CEO) of BlackRock Inc'. Fink added as much as $1 billion to First Bostons bottom line. Description He leads a multi-trillion dollar corporation, 4. By 2012, BlackRock had $3.5 trillion under management, with 10,000 professionals in 27 countries. In 1994 BlackRock made a split from Blackstone and as the company grew and became more independent, he held onto his posturing within the leadership of the company. 1974, BA in Political Science, and 1976, MBA in Real Estate, University of California, Los Angeles. Member of the Executive Committee, Partnership for New York City. Named one of the "World's Greatest Leaders" by Fortune; named one of the "World's Best CEOs" for 12 consecutive years, Barrons. Larry Fink has been working as a Chairman & Chief Executive Officer at BlackRock for 35 years. WebLaurence Douglas Fink Age 70s Location New York, NY Monitor View Cell Phone Number View Background Report Phone Numbers Landlines (9) (212) 570-0793 (212) 570-0794 Show 7 More Cell Phones (1) Premium Primary Whitepages Primary Numbers Quickly identify the best number Higher confidence data Available with Premium (201) nay - peek His other positions at the company have included Chairman of the Board, Chairman of the Executive and Leadership Committees, Chair of Corporate Council, and Co-Chair of the Global Client committee. Larry Fink. WebLaurence Douglas Fink Chairman & Chief Executive Officer, BlackRock, Inc. Mr. Laurence D. Fink is a Chairman & Chief Executive Officer at BlackRock Capital Management, Inc., The financial investment firm has become a After graduating with his MBA, Mr. Fink was hired at a large New York based investment bank called First Boston. Early life and education [31] This has been taken as evidence of a move by BlackRock, one of the largest public investors, to proactively enforce these targets. Larry Fink, better known by her family name Laurence Douglas Fink, is a popular American Photographer. Community involvement BlackRock's mission is to help our clients build better financial futures and the firm is trusted to manage more money than any other investment company in the world. Fink is also an advisory board member of the Museum of Modern Art and the Nature Conservancy. Fink was raised in a Jewish family. The corporation is the largest firm in the world in terms of money management, with assets of over $6 trillion. [20], Im Jahr 2013 wurde kein Brief publiziert. Denn diese Risiken knnten den langfristigen Werterhalt des Unternehmens wesentlich gefhrden. WebView Lawrence Fink results in Arizona (AZ) including current phone number, address, relatives, background check report, and property record with Whitepages. [4][6] Er gilt als sparsam und als Liebhaber von Zugfahrten. Dieser wrde zu ethischem Verhalten fhren, sowie einen wichtigen Beitrag zur Unternehmenskultur leisten. Diese Plne sollen von den Verwaltungs- bzw. He also co-chairs the NYU Langone Medical Center board of trustees and is a trustee of the Boys' Club of New York. [22], 2016 stellte Fink erstmals konkrete Forderungen an die CEOs. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. [3] BlackRock's contract allowed Fink to cultivate relationships with Obama's first Treasury Secretary Tim Geithner and additional members of the Obama economic recovery team. [18][19], Im Jahr 2012 stellte Fink BlackRocks Fokus auf langfristige Geschftsmodelle in den Vordergrund. Husband of Private WebLaurence Douglas Fink is the Chairman & CEO at Blackrock. Fink serves on the board of trustees of New York University, where he holds various chairmanships including chair of the Financial Affairs Committee. We checked into the net worth of Mr. Laurence Douglas Fink. He is involved with Boys and Girls Club, New York, offering after-school programs for young people. BlackRock paid Fink $23.6 million in 2010. He soon went on to become the CEO and director of the new company. & Kenneth G. Langone Medical Center. He is the chairman and chief executive officer of BlackRock, an American multinational investment Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! Als langfristiger Anleger sei BlackRock an guten Beziehungen zu den Unternehmen interessiert. BlackRock lends new definition to the term big business and at the helm is executive Laurence Douglas Fink. WebThe Power of Capitalism. EXCHANGE PLACE ONE, 1 Fink started his career in 1976 at First Boston, a large New York-based investment bank. Er studierte Betriebswirtschaftslehre und Politikwissenschaften an der University of California, Los Angeles. [3] Despite his great influence, Fink is not widely known publicly, apart from his regular appearances on CNBC. The couple have three children. American executive Laurence Fink is the current CEO and Chairman of BlackRock, which is an investment management corporation with multinational operations. https://www.thefamouspeople.com/profiles/laurence-d-fink-51727.php. He is responsible for adding $1 billion to their bottom line which was no small feat. Laurence Douglas Larry Fink (* 2. [8][9] He grew up one of three children in a Jewish family[10] in Van Nuys, California, where his mother Lila (1930-2012) was an English professor and his father Frederick (1925-2013) owned a shoe store. He also sits on the board of many other institutes. Laurence D. Fink is the Chairman and CEO of BlackRock and has a net worth of $340 million. WebLaurence D. Fink has earned his net worth as the Head of First Bostons bond department, helped to develop the mortgage backed security market in the U.S., became a partner at the Blackstone private equity firm and became the CEO and chairman of the largest asset management firm in the world, BlackRock. WebAdd a one-line explanation of what this file represents. That same year, BlackRock's $5.4 billion purchase of Stuyvesant TownPeter Cooper Village, a Manhattan housing complex, became the largest residential-real-estate deal in U.S. history. The third result is Larry Edward Fink age 70s in Fort Lauderdale, FL in the Harbor Beach neighborhood. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management, giving the firm enormous he is one of famous Photographer with the age 68 years old group. 1988, founded BlackRock, a global leader in investment and technology His mother was an English professor. Summary []. He also co-chairs the NYU Langone Medical Center board of trustees and is a trustee of the Boys and Girls Club of New York.