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Black Rock Financial power Larry thinkink Global influence economic control part one black rock a company in front of which the richest country in the world America also stands at the mercy of help whether it is the 2008 economic crisis or the 2020 covid pandemic Whenever there is a question of America's Prosperity the Black Rock company has come forward as a boon for America and not just America today Black Rock manages funds of more than10 trillion worldwide Larry Fink was born in an ordinary Jewish Family in America whose interest was in finance in the stock market he understood that the power of money is more than political power the one who has money can take the country's leaders and the government in his pocket that's why in 1976 he started working as a security Trader in America's investing firm Austin first in just 8 years he was promoted to the company's MD position at the age of only 21 he had achieved this achievement he had made the company profit of 1 billion in his career today the food we eat the water we drink the medicines we take when we fall sick Black Rock has control over all of those things not only that in the Russian Ukraine war when the economic back of Ukraine was broken zilinski stopped the funds of the entire Ukraine and not just anyone but the Black Rock company directly Larry decided that he would never work again after this he got the support of the founder of Blackstone Company Steve schwarzman Steve understood that Larry could prove to be the one and only for him Steve gave Larry 5 million in 1999 Black Rock launched its first IPO with a price of 14 and he received funding of 900 million within a few months the company managed assets worth 165 billion Larry knew that if he wanted to move forward he would have to get rid of his opponents he started buying his competing companies today Black Rock has more than 89 offices in 38 countries in the world and in more than 100 countries the company's clients are present this company is present on all continents this company is currently managing more than1 trillion in assets friends1 trillion is more than the GDP of every country after the US and China but friends it is not that the Black Rock company achieved such a huge success in such a short time Steve considers it to be the biggest mistake of his life he still regrets it today because if he hadn't sold those shares his value would have been more than 50 billion today Larry didn't make much of a difference because of Steve's separation and he changed the company's name to Black Rock even after Black Rock became Blackstone investors kept their trust Larry knew that if he wanted to move forward he would have to get rid of his opponents he started buying his competing companies in 2006 he first bought Merill Lynch Company and then in 2009 he took over Barkley's Global Investors America which is the richest country in the world because of its government control Black Rock company is controlling the whole world today the economy of all the big countries of the world including America was sinking many companies went bankrupt lots of people lost their jobs but at that time the income of Black Rock company increased by 23% which was a very shocking thing in itself not only that friends to bring America out of the economic crisis at that time for
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