Laurence D Fink Net Worth is269.7 $Million
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Birth Name: Laurence Douglas Finkhttp://investing.businessweek.com/research/stocks/people/person.asp?personId
Death Date:
Nationality: United States
Known For: Financial risk management
Alma Mater: University of California, Los Angeles , UCLA Anderson School of Management
Occupation: CEO of BlackRock
Laurence Douglas "Larry" Fink (born 1952) is the chairman and chief executive officer of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world.
Larry Fink grew up in a Jewish family[citation needed] in Van Nuys, California, where his mother was an English professor, and his father owned a shoe store. He earned a BA in political science from the University of California, Los Angeles (UCLA) in 1974. He then received an MBA at the UCLA Anderson School of Management (then known as the UCLA Graduate School of Management) in 1976.
Fink started his career in 1976 at First Boston, a large New York-based investment bank. 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. 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.
Fink added as much as $1 billion to First Bostona??s bottom line, and was successful at the bank up until 1986, when his department lost $100 million due to his incorrect prediction about where interest rates were headed. Fink learned from this experience to more fully understand the risks, and he decided to start a company that would not merely invest clients' money, but would provide sophisticated risk management as well.
In 1988, Fink co-founded BlackRock under the corporate umbrella of The Blackstone Group, and became a Director and CEO of BlackRock. When BlackRock split from Blackstone in 1994, Fink retained his positions (as Director and CEO), which he continued to hold after BlackRock became a more independent corporate entity in 1998. His other positions at the company have included Chairman of the Board, Chairman of the Executive and Leaders

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Laurence D Fink Latest News

BlackRock Elevates Executives in Succession Planning Move

BlackRock, the giant investment management firm, announced a series of executive shifts on Sunday aimed at grooming a number of potential successors to its founder and leader, Laurence D. Fink. While Mr. Fink, one of the most influential players on Wall ...
Posted: April 6, 2014, 12:58 pm

Why Wall Street’s Finally Pushing to Add Women on Boards

Twenty-six percent of its senior leaders are women. Chairman and CEO Laurence D. Fink has said he wants gender parity. “More than 50 percent of household wealth is managed by women,” Fink said at the Bloomberg Global Business Forum in September.
Posted: December 6, 2017, 2:00 am

BlackRock Inc. (BLK) Moves Higher on Volume Spike for December 04

Headquartered in New York, NY, BlackRock Inc. has 13,000 employees and is currently under the leadership of CEO Laurence D. Fink. For a complete fundamental analysis analysis of BlackRock Inc., check out Equities.com’s Stock Valuation Analysis report for ...
Posted: December 5, 2017, 4:09 am
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