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To understand the magnitude of his change, it’s essential to grasp who Larry Fink really is. BlackRock’s influence permeates the fabric of the world's economy. Managing a staggering $13 trillion—more than the combined GDP of nearly every nation besides the United States and China—BlackRock functions as a gravitational force shaping financial markets, policy decisions, and investment flows worldwide.
Fink's firm manages retirement funds for millions, advises central banks, and powers the leading software platform, Aladdin, which underpins much of global financial activity. When he speaks, his words resonate across Wall Street and Washington alike, making his positions highly influential in dictating the trajectory of finance.