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Whenever you think of the world's richest people, whose face comes to your mind first? Bill Gates, Jeff Bezos, Elon Musk. I know that most of you must be thinking of these famous entrepreneurs. The one whose single gesture can collapse the entire world's economy. You ca n't believe it, right? And why would you?
Because the powerful man I'm talking about himself wants to keep his identity hidden from the world. This man doesn't want people to know about him. But unfortunately, in this video, I'm going to expose Bhai Saheb's entire story. Yes, the man I'm talking about is Larry Fink, who runs the world's largest company, BlackRock, today.
Many of you may not have even heard of this company. BlackRock is a giant investment management company whose current value, or net worth, is $9.42 trillion. How much $9.42 trillion is this money? You can guess how much they are from this fact that the GDP of our country India is 3.73 trillion dollars.
This single person today has assets three times more than India. Larry has the power to buy any country today except America and China. And let me tell you, when the Covid crisis was going on in the world and the economy of the whole world was shut down, even then BlackRock was earning huge profits.
Now the most curious thing is that what magic has Larry Fink done in this company that it keeps flying in the air like a rocket. Now before knowing the business model of BlackRock, let us know a little about the founder of this company, Larry Fink. Larry Fink was born in Los Angeles, America in 1952.
His father was a small businessman and on the other hand, Larry 's mother was a teacher. But even after this, Larry had no interest in studies, due to which Lahari used to spend most of his time helping his father in the shop. Due to lack of much interest in studies, Lahari earned a degree in political science and then abandoned further studies because Larry was now interested in the stock market.
Without further ado, Larry quickly joined a company called Boston First and quickly became the company's star. This man was so adept at his work that within two years he became the company's MD because Larry had brought a profit of $1 billion to Boston First. Now Larry's name was resounding throughout the company.
Everything was going well. Larry was also about to become the CEO of Boston First, but as they say, friends, in this age of Kaliyuga, happiness does not last long. The faster a person rises, the faster he falls. The same happened with Larry. The company suffered a loss of $80 billion, for which Larry was held responsible.
While Larry had been praised a short time ago, today Larry was facing criticism from company members. Fed up with this, Larry left the company, but this huge failure would make Larry the king of the entire world in the future. Using his failed experience and connections, Larry decided to start over and opened an asset management company with the help of seven people.
Those seven people were Ben Rose, Robert Capitol Novick, Keith Anderson, Susan Wagner, Hugh Frater, and Larry's best friend, Ralph Sabas Costain. Now, Larry's biggest challenge was finding investors, but this issue was also resolved. A company named Blackstone gave Larry credit for an investment of $ million dollars in exchange for 10% shares.
Larry and his team worked day and night and made the business profitable in just a few months. By 1989, his group 's assets had increased to $2.7 billion. Larry's reputation within the company was growing day by day. Seeing the success of his team, Larry made a decision that was going to change the entire fortune of Blackstone.
Fink, along with his team, increased his stake in the company from 40% to 60%. Blackstone Group was left with only 40% shares. Now, Larry Fink had control over the entire BlackRocks company. After gaining majority ownership, Larry changed the name of BlackRocks to BlackRocks, and this powerful company, BlackRocks, was born.
In just five years, BlackRocks' net worth reached $165 billion. Friends, let me tell you, BlackRocks ' power is rising day by day. Even during the 2008 financial crisis, the company made a profit. But the question arises: what strategy does Larry adopt that allows BlackRocks to control the entire world today?
BlackRocks is an investment company that manages the assets of other companies today. It invests in companies whose shares are likely to rise or are rising rapidly. BlackRocks invests in major companies in every country. You can estimate its presence in the world by the fact that it has at least 70 investments in 30 countries.
Officers are appointed and it has a client base in more than 100 countries. It manages everything from pension funds to insurance funds of these countries. If any country needs money, BlackRocks provides money to that country as well. Now, just look at this chart, these are some of the big companies in which it holds stakes, like Apple.in, and there are many companies in which it has invested today.
Now, just as an example, you can understand that whatever things we use on a daily basis, like coal, guts, soap, edible items, mints, Maggi, petrol for the car, BlackRocks has investments in all of them. 10% of the salary you are earning is going to BlackRocks every month. This means that whatever activity you are doing, be it staying in a hotel, visiting a shopping mall, playing games, or buying expensive brand clothes, it has investments everywhere, from Madole to KFC.
Even communist countries like China do not allow foreign companies to enter their country. BlackRocks has dominance there too, which gives you an idea of how powerful the BlackRocks company is. You thought Mukesh Ambani, Adani, Elon Musk, and Bill Gates were the most powerful people in the world, but they do n't even stand a chance against Larry.
So now the question arises: if BlackRocks is such a powerful company, then why doesn't the whole world know about it? I already told you the answer at the beginning of the video. Larry Fink himself doesn't want most people in the world to know about this company. BlackRocks controls 85% of the world's media, such as CBSC's 60%, Fox News' 80%, and Comcast's 50%.
Due to this, it controls the world's media, and without any permission, these channels cannot reveal anything about Larry. If they want, Larry could become more famous than Elon Musk overnight, but he has no interest in fame at all. Now, seeing this situation, I'm reminded of the dialogue from the movie Satyam 2: Power It should be used secretly only, this is the wisdom.
By the way, there are many conspiracies related to the Black Rocks like these are the people of Illuminati Society who want to control the whole world, even making weapons and this company is also behind carrying out many big dangerous tasks. Now I do not know what is the truth, but I definitely know that after watching this video you must have gained a lot of knowledge.
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