BlackRock is a publicly traded company owned by its shareholders, with no single person or entity owning it entirely. The largest shareholders are institutional investors. The Vanguard Group is the biggest shareholder with about 8.62% ownership, followed by BlackRock itself owning around 6.47% of its shares. Other major shareholders include State Street Corporation (4.06%), Temasek Holdings (3.28%), Bank of America (3.22%), and Morgan Stanley (3.08%). Larry Fink, the Chairman and CEO, is a significant individual shareholder but owns a very small percentage compared to institutional investors. Larry Fink is a co-founder and key executive of BlackRock, but institutional investors like Vanguard and State Street hold the majority of shares, collectively owning around 75% of BlackRock stock. Insiders, including Fink, own roughly 0.5%.
In summary:
- Largest shareholder: Vanguard Group (~8.62%)
- BlackRock owns some of its shares (~6.47%)
- Other large institutional shareholders: State Street, Temasek Holdings, Bank of America, Morgan Stanley
- Larry Fink is an individual shareholder and CEO with a minor ownership stake.