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The Old Bay Power Player: Unmasking Larry Fink's $1.1B Empire
Larry Fink, BlackRock's CEO, isn't just another Wall Street suit - he's sitting on a personal fortune of $1.1 billion while pulling strings in the world's largest money machine. Makes you wonder who's really controlling our financial system, doesn't it?
I've watched this guy pocket between $20-40 million ANNUALLY from BlackRock. In 2022 alone, he grabbed $32.7 million - that's a measly $1.5M base salary topped with a $7.25M bonus, $23.25M in stock, and another $725K in "other compensation." Whatever that means.
The AFL-CIO points out Fink makes 212 TIMES what his median employee earns. Talk about inequality! As of February, SEC filings show he owns 414,146 BlackRock shares worth $315.28M at current prices. Must be nice having your wealth compound while everyone else struggles.
Now BlackRock has become the investment firm with the most Bitcoin in the world. Convenient timing, right? First they dismiss crypto for years, then suddenly they're all in once they've positioned themselves perfectly.
Their Digital Assets Director Robert Mitchnick is already broadcasting that sovereign wealth funds, pension funds and endowments will start buying Bitcoin ETFs soon. Classic playbook - get institutional money flowing in after they've secured their position.
Where will Bitcoin go from here? Wherever these financial puppeteers want it to. They've got the capital to move markets at will, and I doubt they're looking out for retail investors like us.
The scariest part? This is just ONE manager of an asset firm that controls trillions. The true scale of BlackRock's influence over markets, governments, and our financial futures is something most people can't even comprehend.