BlackRock’s billionaire bonanza

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The story "BlackRock’s billionaire bonanza" was covered 2 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times 2w ago

BlackRock’s billionaire bonanza - Financial Times

Quick Summary:

Before the HPS deal, he had been walking a fine line between saying he still loved his job while also assuring investors that he had “no higher priority” than ensuring a smooth succession.

With nine new billionaires due to come on the payroll, BlackRock founder Larry Fink is moving quickly to put them to work.

Last January, the company granted chunky stock option packages to three men it described as “senior leaders who we believe will play critical roles in BlackRock’s future”.