![]() In December, when Fink’s $13.5 billion acquisition of Barclays Global Investors was finalized, BlackRock, the company he founded 22 years ago, officially became the largest money-management firm in the world. While some-especially those who have known him the longest-snicker privately about how clearly the 57-year-old seems to relish his “transformation” in the last year and a half “into a Wall Street statesman,” its top consigliere, and the leading member of the country’s financial oligarchy, there is nothing but admiration for the vast power of BlackRock. Yet among the men who run Wall Street, it would be hard to find anyone who is not at least a little bit in awe of Larry Fink. But still-just a few months ago-when one of his neighbors, a prominent New York agent, furious that a popular horse path through the Fink estate had been blocked off, was told who owned the property, her response was: “ Who is Larry Fink?” In North Salem, the affluent enclave north of New York City where he and Lori, his wife of 35 years, have a 26-acre farm, he is perhaps slightly better known, if only because a number of Wall Street bankers have estates there. Despite his considerable wealth, he is virtually unknown on the society circuit in Manhattan, where he has an apartment on the Upper East Side, or in Aspen, where he also has a home. But mention his name to most people and they draw a blank. of BlackRock, the giant asset-management firm, is described as possibly the most important man in finance today. In political and business circles-among the men who travel the now well-worn corridor between Washington and Wall Street-Fink, the chairman and C.E.O. The “psychologically astute” Larry Fink, photographed at BlackRock headquarters in February.Ĭonsidering the enormous power he is believed to wield, it’s remarkable how few people have heard of Larry Fink.
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