Blackrock Own The World. This Company Owns the World and its our fault - BlackRock. 82 of all earned money in 2017 went to this 1 somewhat like a massive.
BlackRock lends money to the central bank but its also the advisor. Bloomberg calls BlackRock The fourth branch of government because its the only private agency that closely works with the central banks. Gielen cites data from Bloomberg showing that by 2028 Vanguard and BlackRock are expected to collectively manage 20 trillion-worth of investments.
BlackRock currently manages over 1000 funds worldwide of which over 200 funds are available to private investors in Germany and Austria.
Buoyed by an index fund collection called iShares that it purchased from Barclays BlackRock is the worlds largest asset manager with 63 trillion of other peoples money under its control. BlackRock itself is also owned by shareholders. It also develops the software the central bank uses. Founded by Larry Fink in 1988 BlackRock is the most powerful Wall Street fund in the world with 9 trillion worth of assets under management.