CEO of world's largest asset manager becomes a billionaire
Larry Fink, the Chairman and CEO of the world's largest asset manager BlackRock, has become a billionaire, according to Bloomberg. His holding in BlackRock is valued at $570 million while dividends, stock sales and compensation make up the rest. Fink owns only 0.7% stake in BlackRock and the company's shares have surged more than 3,600% since its listing in 1999.