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Laurence D. Fink Net Worth

Laurence D. Fink Net Worth

Net Worth: $340 Million

Statistics
  • Source of Wealth BlackRock
  • Birth Place Los Angeles, California, U.S.
  • Marital Status Married (Lori Fink)
  • Full Name Laurence Douglas "Larry" Fink
  • Nationality United States
  • Date of Birth 1952
  • Ethnicity Jewish
  • Occupation Businessman
  • Education University of California, Los Angeles
  • Children 3
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About Laurence D. Fink

American businessman Laurence D. Fink has an estimated net worth of $340 million in 2012. He is the current chief executive officer and chairman of the multinational investment management corporation, BlackRock. Today, BlackRock is considered as the world’s largest money-management firm in terms of assets under its management.

Born in 1952, Laurence D. Fink grew up in a Jewish family. He attended the University of California, Los Angeles (UCLA) where he completed his Political Science degree in 1974. He then attended UCLA Anderson School of Management where he finished his MBA in 1976.

After graduation, he started working for First Boston which is an investment bank based in New York. In 1988, BlackRock was founded under The Blackstone Group and Fink was one of the founders. Eventually, he became the CEO and Director of the company. In 1994, BlackRock separated from Blackstone but Fink retained both his positions in the company. Eventually, he became the company’s Chairman of the Board. In 1999, BlackRock went public.

In addition to BlackRock, Laurence D. Fink also holds stakes in the hedge fund company Enso Capital where his eldest son sits as the chief executive officer. Fink is currently married to Lori, his wife since mid-1970s. The couple has three children together.