Larry Fink Net Worth 2024: Age, Bio, Wife, Height & Wiki Insights!
As of 2024, Larry Fink net worth is estimated to be around $1.2 billion.
Larry Fink is the CEO and co-founder of BlackRock, one of the largest investment management firms in the world. Under his leadership, BlackRock has grown significantly, managing trillions in assets for clients globally.
Fink’s influence extends beyond finance; he plays a key role in shaping corporate governance and sustainable investing trends. His vision has transformed how many companies approach environmental and social issues.
Larry Fink Net Worth & Income Sources
As of 2024, Larry Fink’s net worth is about $1.2 billion. This wealth comes mainly from his role at BlackRock, the biggest money management firm in the world.
- BlackRock: Larry Fink is the co-founder, chairman, and CEO of BlackRock. Since starting the company in 1988, he has played a key part in its success. BlackRock now manages over $10.65 trillion in assets.
- Stock Holdings: He owns roughly 343,790 shares of BlackRock Inc., valued at around $346 million as of August 2024.
- Salary and Bonuses: His earnings from BlackRock include significant amounts like $23.6 million in 2010 and up to $36 million in 2021.
These sources highlight how Larry Fink built his wealth through leadership and investment strategies that shaped the financial industry today.
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Larry Fink Biography
| Category | Details |
|---|---|
| Full Name | Laurence Douglas Fink |
| Birth Date | November 2, 1952 |
| Birth Place | Van Nuys, California |
| Family | Born to Frederick Fink and Lila Fink; married to Lori Weider since 1974; three children: Joshua, Rachel, and Hannah |
| Education | BA in Political Science from UCLA (1974), MBA in Real Estate from UCLA Anderson School of Management (1976) |
| Career | Started at First Boston in 1976; co-founded BlackRock in 1988; current Chairman and CEO of BlackRock |
| Notable Achievements | Led the merger with Merrill Lynch Investment Managers in 2006; oversaw the purchase of Barclays Global Investors in 2009 |
Early Life and Career Highlights
Larry Fink, born Laurence Douglas Fink on November 2, 1952, in Van Nuys, California, grew up in a Jewish family.
His father, Frederick Fink, owned a shoe store while his mother, Lila Fink, worked as an English professor.
Larry attended the University of California, Los Angeles (UCLA), where he earned a Bachelor’s degree in Political Science in 1974 and an MBA in Real Estate from the UCLA Anderson School of Management in 1976.
Fink began his career at First Boston Investment Bank in 1976. He became one of the first mortgage-backed security traders there.
Over time, he managed the firm’s bond department and led the Mortgage and Real Estate Products Group.
In 1988, Fink co-founded BlackRock, along with seven colleagues. This company has grown to be one of the largest investment management firms globally. Under his leadership, BlackRock manages over $10.65 trillion in assets as of April 2024.
Key career highlights include:
- Leading the merger with Merrill Lynch Investment Managers in 2006.
- Overseeing the purchase of Barclays Global Investors in 2009.
These milestones illustrate how Larry Fink has significantly shaped both corporate governance and sustainable investing trends within the financial industry.
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Larry Fink Age, Height, Weight, and Physical Appearance
Larry Fink was born on November 2, 1952, making him 71 years old as of 2024. There is no available information on his height or weight, as sources do not provide these details.
Fink’s physical appearance specifics remain undisclosed in public records. However, he is known for his professional demeanor and significant presence in the investment world.
He has been married to his high school sweetheart, Lori Weider, since 1974, and they have three children: Joshua, Rachel, and Hannah.
This family life reflects a stable personal background that complements his extensive career achievements in finance.
Larry Fink Wife and Relationship Status
Larry Fink has been married to his high school sweetheart, Lori Weider, since 1974. Their marriage spans over 49 years. Together, they share three children: Joshua, Rachel, and Hannah.
Lori Weider plays a significant role in Larry’s life. Their long-lasting relationship reflects stability and support throughout his career in finance.
The couple’s commitment to each other contributes to the strong family values they instill in their children.
The Fink family maintains a low public profile despite Larry’s high net worth of approximately $1.2 billion as of April 2024. They focus on personal relationships rather than media attention.
This choice allows them to enjoy their family life while navigating the challenges that come with Larry’s prominent position in the investment management industry.
Personal Life & Family
Larry Fink was born on November 2, 1952, in Van Nuys, California. He grew up in a Jewish family with his parents, Frederick and Lila Fink, and two siblings. His mother taught English at a school, while his father owned a shoe store.
Fink earned a Bachelor of Arts degree in political science from UCLA in 1974, followed by an MBA in real estate from the UCLA Anderson School of Management in 1976.
Fink has been married to his high school sweetheart, Lori Weider, since 1974. They have three children: Joshua, Rachel, and Hannah. Their eldest son, Joshua, previously served as the CEO of Enso Capital, which is now closed.
The Fink family keeps a low profile and focuses on personal relationships rather than media attention. This allows them to enjoy life together while supporting Larry’s successful career.
Overall, Larry Fink’s family background and values contribute to his character and professional journey within the financial industry.
Conclusion
Larry Fink’s net worth reflects his remarkable achievements in the investment management industry.
His leadership at BlackRock has not only driven substantial financial growth but has also set new standards for corporate governance and sustainable investing.
With a keen vision for the future of finance, Fink continues to influence market trends while maintaining a dedicated focus on family values.
Frequently Asked Questions
What is Larry Fink’s net worth as of April 2024?
Larry Fink’s net worth is estimated to be around $1.2 billion.
How much does BlackRock manage under Larry Fink’s leadership?
Under Larry Fink’s leadership, BlackRock manages over $10.65 trillion in assets.
What role has Larry Fink played in corporate governance?
Larry Fink has significantly influenced corporate governance and sustainable investing trends, shaping how companies approach environmental and social issues.
When did Larry Fink co-found BlackRock?
Larry Fink co-founded BlackRock in 1988.
What are some of Larry Fink’s notable career achievements?
Notable achievements include leading the merger with Merrill Lynch Investment Managers in 2006 and overseeing the purchase of Barclays Global Investors in 2009.
How many shares of BlackRock does Larry Fink own?
Larry Fink owns approximately 343,790 shares of BlackRock Inc., valued at around $346 million.
Where does Larry Fink reside?
Larry Fink owns a real estate portfolio worth about $240 million, including properties in New York and Aspen.
What is Larry Fink’s educational background?
Fink graduated with a BA in Political Science from UCLA and earned an MBA in Real Estate from the UCLA Anderson School of Management.
Who is Larry Fink married to?
Larry Fink has been married to Lori Weider since 1974, who was his high school sweetheart.
Does Larry Fink have children?
Yes, he has three children: Joshua, Rachel, and Hannah.
