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Who Owns BlackRock? Here’s a List of Top 10 Shareholders

Founded in 1988, BlackRock, Inc., is the world’s largest asset manager, with over $11 trillion in assets under management. As the manager of the iShares group of exchange-traded funds, it is considered one of the Big Three index fund managers. The company's annual revenue crossed $20 billion in 2024, a 14% increase from 2023, demonstrating its constant growth. This makes it a prime company to invest in, and in this article, we’ll explore the top ten shareholders of BlackRock.
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BlackRock Shareholders’ Ownership Structure  

BlackRock was founded to guide people and institutions worldwide with their investments. It offers many different types of financial management services. Since 2012, BlackRock has expanded to over 19,000 employees worldwide.  

 

Since it’s a publicly owned company, all shares are listed on the market, and the company has an independent board of directors in charge of the decision-making process.  



 
Top 5 Institutional Owners  

#1 Vanguard Group 


Part of the Big Three index fund managers, the Vanguard Group operates globally and offers services and investment options to its millions of clients. Vanguard owns 13.31 shares, 8.59% of the total BlackRock shares, valued at $13.39 billion.   

#2 BlackRock Inc.  


The next one on the list is BlackRock itself. They own 6.22% of total shares, around 9.63M, valued at $9.69 billion.  

#3 State Street Corp 


Founded in 1792, this company offers investment and asset management services. It is the second-oldest operating bank in the United States. The company owns 5.98 million BlackRock shares, around 3.86% of the total shares, valued at $6 billion.  

#4 Bank of America Corporation 


As the second-largest bank in the world by market capitalization, this company’s primary financial services revolve around commercial banking, wealth management, and investment banking. They own 5.26 million shares, which is 3.4% of BlackRock’s total shares, valued at $5.29 billion.  

#5 Temasek Holdings  


This global investment company is based in Singapore and has the Singaporean government as its sole shareholder. They own a total of 5.09 million shares, valued at $5.1 billion. 

Top 5 Individual Owners 

#1 Susan Wagner  


Though she retired as co-founder, Wagner remains on the board to this day. Her share of the company is $352.9 million, making her the largest individual shareholder.  

#2 Laurence Fink  


As chairman and executive officer, it’s no surprise that Fink is number two on the list. Not only did he help co-found BlackRock, but he was also on numerous boards. He owns around 0.27% of Blackrock stock, valued at $341.6 million.  

#3 Robert Kapito 


As one of the eight original founders, Kapito is now president and director of the company. Kapito owns around 0.14% of total shares, valued at $179.1 million.  

#4 J. Richard Kushel 


Before his current position as Senior Managing Director, Kushel had many prior positions in the company, including Chief Product Officer. Now, Kushel owns around 0.04% of shares, valued at $55.4 million  

#5 Murry Gerber  


As BlackRock's current Lead Independent Director, Gerber holds shares valued at $35.2 million, which puts him fifth on our list.  

 

As a well-established public corporation, BlackRock has many shareholders trying to take advantage of its capital growth. This makes BlackRock a great long-term buy-and-hold investment.  

BlackRock's strong institutional backing and solid leadership make it a compelling choice for investors. Whether you’re looking to invest in global financial giants or diversify your portfolio with CFDs, TMGM provides the tools and market access to help you make informed trading decisions.

Trade with TMGM today and take advantage of institutional-grade liquidity, competitive spreads, and advanced trading platforms.

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