As of 2025, Larry Fink’s net worth is estimated at around $1.2 billion.
Larry Fink is a notable figure in finance as the CEO and co-founder of BlackRock, which manages trillions of assets worldwide.
He played a crucial role in shaping modern asset management practices through his leadership and vision.
His commitment to responsible investing has greatly influenced how companies approach sustainability today.
Larry Fink Wiki Biography
| Attribute | Details |
|---|---|
| Full Name | Laurence Douglas Fink |
| Date of Birth | November 2, 1952 |
| Place of Birth | Van Nuys, California, USA |
| Education | B.A. in Political Science from UCLA; M.B.A. from New York University’s Stern School of Business |
| Occupation | CEO and Co-Founder of BlackRock |
| Net Worth | Approximately $1.2 billion |
| Years Active | 1988 – Present |
| Major Company | BlackRock Inc. |
| Key Contributions | Advocated for sustainable investing; emphasized corporate social responsibility |
Larry Fink Net Worth and Income Sources
Larry Fink’s net worth is estimated at $1.2 billion as of January 2025. This wealth comes from several key sources.
Equity Holdings in BlackRock
Larry Fink is the largest individual shareholder of BlackRock, which is the world’s biggest asset management firm.
He owns about 414,146 shares of BlackRock, valued at over $315 million. This significant ownership represents a major part of his overall wealth.
Compensation as CEO
Fink’s role as CEO also plays a big part in his income. For the fiscal year 2023, he received a total compensation package worth $26,939,474. This amount includes:
- $1,500,000 salary
- $7,900,000 bonus
- $16,449,974 in stock awards
- $1,089,500 from other forms of compensation
In previous years like 2022, Fink earned around $36 million, which also included a salary and bonuses.
These figures show how Larry Fink’s leadership and investment choices contributed to his impressive net worth and financial success in the finance industry.
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Early Life and Family Background
Larry Fink was born on November 2, 1952, in Van Nuys, California. He grew up in a traditional Jewish family.
His father, Frederick Fink, owned a shoe store while his mother, Lila Fink, worked as an English professor at California State University’s Northridge campus.
Family
- Larry’s family placed great importance on education and hard work.
- They encouraged curiosity and perseverance from a young age.
Upbringing
- Larry experienced an upbringing focused on values such as diligence and learning.
- His parents created a supportive environment that fostered his interests.
- Larry attended the University of California, Los Angeles (UCLA).
- He earned a Bachelor of Arts degree in political science in 1974.
- Later, he pursued an MBA with a focus on real estate at the UCLA Anderson School of Management, completing it in 1976.
Education and Career
Larry Fink earned a Bachelor of Arts degree in Political Science from the University of California, Los Angeles (UCLA) in 1974. Later, he received an MBA.
While some sources state he got his MBA from the UCLA Anderson School of Management, it is confirmed that he completed his MBA at the Wharton School of the University of Pennsylvania.
In 1976, Larry Fink began his career in finance at First Boston, a New York-based investment bank. He worked there for several years before co-founding BlackRock in 1988.
Under his leadership, BlackRock grew to be the largest asset management firm globally, managing trillions in assets and focusing on sustainable investing and social responsibility.
Rise to Fame
Larry Fink started his career on Wall Street in the 1970s at First Boston. He worked in the real estate department and later managed a division for mortgage-backed securities.
This area was not well-known back then, but Fink played an important role in its growth. He competed with other firms like Salomon Brothers.
In the late 1980s, Fink faced a major challenge when his department lost $100 million because of a mistake with interest rates.
This setback led to his departure from First Boston in 1988. However, he quickly bounced back by co-founding BlackRock with Robert Kapito, who also worked at First Boston.
Since starting BlackRock, Larry Fink has guided it into becoming one of the largest asset management firms globally.
Today, BlackRock manages trillions of dollars in assets and is known for its focus on sustainable investing and corporate responsibility.
Larry Fink Age, Weight, and Height
Larry Fink is 71 years old as of 2024. He was born on November 2, 1952.
There is no public information about his weight. However, he stands at a height of 5 feet 6 inches (1.70 meters).
Larry Fink Wife and Relationship
Larry Fink has been married to Lori Fink since 1974. Their long-lasting relationship reflects stability and support in both personal and professional aspects of life.
Together, they have raised their family while balancing Larry’s demanding career as the CEO of BlackRock.
The couple keeps a low profile, often avoiding media attention. They share common interests that strengthen their bond, focusing on family values and philanthropy.
This partnership plays an essential role in Larry’s success, allowing him to lead one of the largest asset management firms globally while maintaining a strong family foundation.
Social Media Profiles
| Platform | Profile Link |
|---|---|
| @LarryFink | |
| Larry Fink | |
| Not Available | |
| Not Available |
Conclusion
Larry Fink’s impressive net worth of $1.2 billion reflects not just his financial success but also his significant impact on the asset management industry.
As the leader of BlackRock, he has championed sustainable investing and corporate responsibility, reshaping how businesses approach these critical issues.
His journey from humble beginnings to becoming a key figure in finance illustrates the power of perseverance and innovation.
With a strong family foundation supporting him, Fink continues to influence economic trends while engaging with a broader audience through social media platforms.
His legacy is one of leadership and commitment to making finance more responsible and impactful for future generations.
Frequently Asked Questions
Who is Larry Fink?
Larry Fink is the CEO and co-founder of BlackRock, the world’s largest asset management firm. He has been instrumental in transforming BlackRock since its inception in 1988, leading it to manage trillions in assets.
What is Larry Fink’s net worth?
As of January 2025, Larry Fink’s net worth is estimated at $1.2 billion, primarily stemming from his role as the largest individual shareholder of BlackRock and his substantial compensation as CEO.
What are Larry Fink’s contributions to sustainable investing?
Fink advocates for sustainable investing and corporate social responsibility. Under his leadership, BlackRock emphasizes these principles in investment strategies, influencing industry practices and encouraging companies to prioritize sustainability.
Where did Larry Fink grow up?
Larry Fink was raised in Van Nuys, California, in a traditional Jewish family. His father owned a shoe store while his mother was an English professor, instilling values of education and hard work.
What educational background does Larry Fink have?
Fink earned a Bachelor of Arts degree in political science from UCLA in 1974 and an MBA from Wharton School at the University of Pennsylvania in 1976.
How did Larry Fink start his career?
He began his finance career at First Boston investment bank, where he worked on mortgage-backed securities before co-founding BlackRock after facing significant setbacks during the late 1980s.
What is Larry Fink’s age?
As of 2024, Larry Fink is 71 years old; he was born on November 2, 1952.
Is there information about Larry Fink’s personal life?
Yes! He has been married to Lori Fink since 1974. They maintain a low profile and focus on family values while balancing their lives amidst his demanding career at BlackRock.
How does Larry Fink engage with the public online?
Fink shares insights on finance through social media platforms like Twitter and LinkedIn. He discusses economic trends and sustainable investing while connecting with followers interested in finance-related topics.
