Larry Fink Bio, Age, Parents, Wife, Children, Net Worth

Larry Fink Bio, Age, Parents, Wife, Children, Net Worth – Laurence Douglas Fink, an American billionaire businessman, currently holds the positions of chairman and CEO at BlackRock, the world’s largest money-management firm with over US$10 trillion in assets under management.

Larry Fink Biography

Born on November 2, 1952, Fink’s net worth was estimated at US$1 billion as of April 2022, according to Forbes Magazine. He is actively involved in various organizations, serving on the boards of the Council on Foreign Relations and the World Economic Forum.

Larry Fink obtained his BA in Political Science from UCLA in 1974 and went on to earn an MBA in Real Estate from the UCLA Anderson Graduate School of Management in 1976. He is a member of Kappa Beta Phi, an exclusive Wall Street fraternity.

While Fink has been vocal about companies addressing climate change and societal impact, he has faced criticism for BlackRock’s investments in weapon manufacturers and profiting from deforestation. However, he has advocated for companies to lead the way in achieving a net-zero world.

Fink is actively involved in philanthropy and serves on the board of trustees for New York University, where he holds various chairmanships. He co-chairs the NYU Langone Medical Center board of trustees, is a trustee of the Boys and Girls Club of New York, and is on the board of the Robin Hood Foundation. In 2009, he founded the Lori and Laurence Fink Center for Finance & Investments at UCLA Anderson.

In his annual open letters, Fink has emphasized the importance of corporations working towards environmental sustainability, community improvement, and workforce diversity. He has also been involved in advising the U.S. government on economic issues and has taken a stance against attending events in Saudi Arabia following the murder of Jamal Khashoggi.

While Fink has faced calls for divestment from certain organizations, such as the NYC Police Foundation, he remains active in philanthropic endeavors and continues to shape BlackRock’s investment decisions with a focus on environmental sustainability.