Laurence D.  Fink net worth and biography

Laurence Fink Biography and Net Worth

CEO of BlackRock

Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions. BlackRock’s mission is to help investors build better financial futures and the firm is trusted to manage more money than any other investment company in the world. Mr. Fink has been named one of the "World's Greatest Leaders" by Fortune, and Barron's has named him one of the "World's Best CEOs" for 14 consecutive years.

Prior to founding BlackRock in 1988, Mr. Fink was a member of the Management Committee and a Managing Director of The First Boston Corporation.

He serves as a member of the Board of Trustees of New York University (NYU) and the World Economic Forum, and is Co-Chairman of the NYU Langone Medical Center Board of Trustees. In addition, he serves on the boards of the Museum of Modern Art, the Council on Foreign Relations and the International Rescue Committee. He also serves on the Advisory Board of the Tsinghua University School of Economics and Management in Beijing and on the Executive Committee of the Partnership for New York City.

Mr. Fink earned an MBA with a concentration in real estate from the University of California at Los Angeles (UCLA) in 1976 and a BA in political science from UCLA in 1974.

What is Laurence D. Fink's net worth?

The estimated net worth of Laurence D. Fink is at least $318.30 million as of May 20th, 2024. Mr. Fink owns 383,168 shares of BlackRock stock worth more than $318,297,658 as of July 20th. This net worth evaluation does not reflect any other investments that Mr. Fink may own. Additionally, Mr. Fink receives an annual salary of $10,490,000.00 as CEO at BlackRock. Learn More about Laurence D. Fink's net worth.

How old is Laurence D. Fink?

Mr. Fink is currently 72 years old. There are 5 older executives and no younger executives at BlackRock. Learn More on Laurence D. Fink's age.

What is Laurence D. Fink's salary?

As the CEO of BlackRock, Inc., Mr. Fink earns $10,490,000.00 per year. Learn More on Laurence D. Fink's salary.

How do I contact Laurence D. Fink?

The corporate mailing address for Mr. Fink and other BlackRock executives is 55 EAST 52ND STREET, NEW YORK NY, 10055. BlackRock can also be reached via phone at (212) 810-5300 and via email at [email protected]. Learn More on Laurence D. Fink's contact information.

Has Laurence D. Fink been buying or selling shares of BlackRock?

Laurence D. Fink has not been actively trading shares of BlackRock during the last ninety days. Most recently, Laurence Fink sold 30,978 shares of the business's stock in a transaction on Monday, May 20th. The shares were sold at an average price of $807.29, for a transaction totalling $25,008,229.62. Following the completion of the sale, the chief executive officer now directly owns 383,168 shares of the company's stock, valued at $309,327,694.72. Learn More on Laurence D. Fink's trading history.

Who are BlackRock's active insiders?

BlackRock's insider roster includes Stephen Cohen (Director), Marc Comerchero (Insider), Laurence Fink (CEO), William Ford (Director), Robert Goldstein (COO), Robert Kapito (President), J. Kushel (Director), Rachel Lord (Director), Mark McCombe (Director), Christopher Meade (General Counsel), Manish Mehta (Director), Gary Shedlin (CFO), Martin Small (CFO), and Mark Wiedman (Director). Learn More on BlackRock's active insiders.

Are insiders buying or selling shares of BlackRock?

In the last year, insiders at the asset manager sold shares 14 times. They sold a total of 203,074 shares worth more than $151,577,286.81. The most recent insider tranaction occured on July, 16th when Director Mark Wiedman sold 27,000 shares worth more than $22,529,340.00. Insiders at BlackRock own 0.9% of the company. Learn More about insider trades at BlackRock.

Information on this page was last updated on 7/16/2024.

Laurence D. Fink Insider Trading History at BlackRock

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/20/2024Sell30,978$807.29$25,008,229.62383,168View SEC Filing Icon  
2/28/2024Sell30,978$809.92$25,089,701.76414,146View SEC Filing Icon  
11/6/2023Sell15,385$652.03$10,031,481.55435,260View SEC Filing Icon  
7/26/2023Sell20,200$742.04$14,989,208.00464,125View SEC Filing Icon  
4/18/2023Sell35,799$694.50$24,862,405.50484,325View SEC Filing Icon  
11/22/2022Sell40,960$732.25$29,992,960.00508,211View SEC Filing Icon  
11/8/2022Sell14,600$685.58$10,009,468.00549,171View SEC Filing Icon  
8/3/2022Sell44,500$684.61$30,465,145.00563,771View SEC Filing Icon  
12/2/2021Sell16,365$920.92$15,070,855.80View SEC Filing Icon  
10/25/2021Sell22,247$925.68$20,593,602.96View SEC Filing Icon  
5/6/2021Sell31,668$865.89$27,421,004.52View SEC Filing Icon  
2/2/2021Sell27,400$728.77$19,968,298.00View SEC Filing Icon  
1/26/2021Sell2,800$730.97$2,046,716.00View SEC Filing Icon  
7/21/2020Sell41,706$580.29$24,201,574.74View SEC Filing Icon  
2/14/2020Sell44,300$565.35$25,045,005.00View SEC Filing Icon  
1/30/2020Sell46,730$536.74$25,081,860.20View SEC Filing Icon  
10/24/2019Sell100$457.02$45,702.00View SEC Filing Icon  
4/30/2019Sell31,250$481.79$15,055,937.50View SEC Filing Icon  
2/11/2019Sell44,000$412.75$18,161,000.00View SEC Filing Icon  
1/31/2019Sell9,048$412.75$3,734,562.00View SEC Filing Icon  
1/25/2019Sell5,120$412.76$2,113,331.201,047,039View SEC Filing Icon  
1/22/2019Sell30,832$418.32$12,897,642.24View SEC Filing Icon  
1/18/2019Sell25,102$418.89$10,514,976.78View SEC Filing Icon  
7/18/2018Sell19,800$507.67$10,051,866.001,098,328View SEC Filing Icon  
3/1/2016Sell37,600$321.79$12,099,304.001,146,131View SEC Filing Icon  
11/5/2015Sell42,800$357.56$15,303,568.001,204,130View SEC Filing Icon  
7/23/2015Sell102,722$350.44$35,997,897.68View SEC Filing Icon  
5/30/2013Sell52,616$285.08$14,999,769.28View SEC Filing Icon  
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Laurence D. Fink Buying and Selling Activity at BlackRock

This chart shows Laurence Fink's buying and selling at BlackRock by year and by quarter.

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BlackRock Company Overview

BlackRock logo
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
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Today's Range

Now: $830.70
Low: $825.06
High: $833.67

50 Day Range

MA: $792.28
Low: $756.64
High: $843.94

2 Week Range

Now: $830.70
Low: $596.18
High: $851.88

Volume

1,036,152 shs

Average Volume

552,916 shs

Market Capitalization

$123.44 billion

P/E Ratio

21.11

Dividend Yield

2.46%

Beta

1.32