3 ms·
A rounding error. It’s honestly terrifying how much wealth is concentrated in this one company.
by xyst 3y ago
A rounding error. It’s honestly terrifying how much wealth is concentrated in this one company.
- axpy906 3y agoThis should be the top comment. Don’t forget Vangaurd and State Street too.
- Workaccount2 3y agoVirtually none of that money is in blackrock though. The money is in the companies invested in. Blackrock however does have enormous discretion in which companies get that money. But it's also not exactly opaque, these funds are pretty transparent and overall very bland.
- robotnikman 3y agoIt has the more money than most countries.