Is Apple or BlackRock bigger? (2024)

Is Apple or BlackRock bigger?

As of the latest reports, BlackRock's AUM stands at a staggering $9.5 trillion, a figure that surpasses Apple's market capitalization of approximately $2.5 trillion. To put this into perspective, BlackRock's AUM is equivalent to managing the combined GDPs of Japan, Germany, and the United Kingdom.

How much of Apple is owned by BlackRock?

BlackRock Inc. owned about 1.1 billion shares, which was 6% of the shares issued, according to the document. The third largest holder of Apple stock was Warren Buffett's Berkshire Hathaway Inc., with holdings amounting to approximately 5.73% of Apple's outstanding shares.

Which company is bigger than BlackRock?

As of my last update in September 2021, several companies were bigger than BlackRock, which is one of the world's largest investment management firms. Some of these larger companies include: Vanguard Group: A prominent investment management company with a wide range of funds and ETFs.

Is BlackRock the largest company in the world?

BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $9.42 trillion in assets as of June 30, 2023. Headquartered in New York City, Blackrock has 70 offices in 30 countries, and clients in 100 countries.

Who is as big as BlackRock?

In the passive investing world, three asset managers reign supreme: Vanguard, BlackRock (which operates iShares ETFs) and State Street, which manages the SPDR line of index funds.

Who owns 100% of Apple?

Apple Inc. is a publicly traded company, so no individual or entity owns the company in its entirety. However, the majority stakeholder of the company as of 2023 is The Vanguard Group, which holds 7.6% of all outstanding shares.

Does BlackRock own Apple?

Who owns most stake in Apple? The top shareholders of Apple are Arthur Levinson, Tim Cook, Jeff Williams, Vanguard Group Inc., BlackRock Inc. (BLK), and Berkshire Hathaway Inc.

Who is BlackRock biggest rival?

The main competitors of BlackRock include FS Credit Opportunities (FSCO), Sculptor Capital Management (SCU), Oxford Lane Capital (OXLC), Nuveen Select Tax-Free Income Portfolio (NXP), Western Asset Emerging Markets Debt Fund (EMD), BNY Mellon High Yield Strategies Fund (DHF), Nuveen Select Maturities Municipal Fund ( ...

Is BlackRock a trillion dollar company?

As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 9.4 trillion U.S. dollars.

Who is richer Vanguard or BlackRock?

BlackRock remained the largest firm overall, with $8.59 trillion in total assets globally vs. Vanguard's $7.25 trillion, and has a much larger presence with clients such as government-sponsored retirement plans and sovereign wealth funds.

Why is BlackRock so powerful?

BlackRock has grown from a start-up to a market leader by attracting clients and employees, and by acquiring several other asset management companies. BlackRock's mission is to create a better financial future for our clients, by building the most respected investment and risk manager in the world.

How powerful is BlackRock really?

BlackRock is the world's largest asset management company, not a secretive organization controlling the world. It manages trillions of dollars in assets for individuals and institutions worldwide. While it wields significant influence due to its size and reach, it does not have direct control over global affairs.

Why BlackRock owns the world?

BlackRock and Vanguard significantly influence major media houses globally, essentially choreographing the narratives that reach millions of homes daily. Adding another dimension to their influence, these firms have woven complex networks with political corridors and non-profits.

Who is controlling BlackRock?

Larry Fink, one of the original eight founders of BlackRock, currently holds the positions of CEO and Chairman and is the largest individual shareholder of the company. As of 26 July 2023, he held 450,645 shares of the asset management firm.

Does BlackRock own Amazon?

Just Vanguard 500 Index ETF (VOO) alone owns more than 81 million shares of Amazon.com, says ETF.com. Then comes iShares operator BlackRock (BLK) and SPDR operator State Street Global Advisors. Those two investors own 613.4 million and 332.4 million shares, respectively, of Amazon.com stock.

Who is the guy who owns BlackRock?

Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is the current chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management.

Who invested $150 million in Apple?

In August of 1997, Apple and Microsoft decided to put the past behind them and focus on the future. At that year's Macworld event, Steve Jobs and Bill Gates announced that the two companies had entered into a historic agreement.

Is the CEO of Apple a billionaire?

Apple CEO Tim Cook Pockets $41 Million In Stock Sale—His Biggest Selloff In Years. It's the billionaire's largest sale of his company's stock since August 2021.

Who actually owns Apple?

Apple Inc. is owned by two main institutional investors (Vanguard Group and BlackRock, Inc). At the same time, its major individual shareholders comprise people like Art Levinson, Tim Cook, Bruce Sewell, Al Gore, Johny Sroujli, and others.

Does BlackRock own Disney?

ownership in DIS / The Walt Disney Company. 2023-02-07 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 120,970,214 shares of The Walt Disney Company (US:DIS). This represents 6.6 percent ownership of the company.

Does BlackRock own Tesla?

Tesla's CEO, Elon Musk, owns the most shares of Testla, with roughly 20%. Other big investors are asset management companies Vanguard Group, Blackrock, and State Street Corporation. Musk's younger brother, Kimbal, is one of the individual shareholders who owns a large holding in Tesla.

Does BlackRock own Google?

The top individual insider shareholders of Google are Larry Page, Sergey Brin, and Sundar Pichai, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc. (BLK), T. Rowe Price Associates Inc., and FMR LLC.

Does BlackRock own everything?

BlackRock and Vanguard do not “own” all the biggest corporations in the world. They invest trillions of dollars into leading companies on behalf of their clients, who ultimately own the shares. This article was produced by the Reuters Fact Check team. Read more about our fact-checking work here .

Who is the biggest investor in BlackRock?

What is the BlackRock controversy?

The backstory: BlackRock's bullish outlook on responsible environmental, social and governance investing is being blasted by conservatives as "woke capitalism" and has drawn boycotts from Florida and Texas.