Wooh 🤯, This is interesting one !
• BlackRock Assets Value hits record value of
$ 10.5 Trillion in Q1 2024 , 36% growth in Profits .
• Now they are 1/3 the GDP of United States Of America and they are dominating Investing Markets followed by Van
🗣 The assets under management of BlackRock have reached a historical record of $10.65 trillion. 💼📈
For comparison, the GDP of Germany is $4.7 trillion. 🇩🇪💰
4 replies11 likes
Vaibhav Babruwan Shingde
Stealth • 7m
Wooh 🤯, This is interesting one !
• BlackRock Assets Value hits record value of
$ 10.5 Trillion in Q1 2024 , 36% growth in Profits .
• Now they are 1/3 the GDP of United States Of America and they are dominating Investing Markets followed by Van
BlackRock dominance is wild : see where percent of your money ends up.
BlackRock equity in MAANG-
META : 7.16%
AMAZON : 5.94%
APPLE : 6.5%
NETFLIX : 7.1%
GOOGLE : 7%
This means every 100 rupees paid towards this giants 6 to 7 rupees will end up in
The 3 Streams Of Income
Rental Property:
From renting out property
Royalty Income:
From others using your work
Capital Gains:
When assets increase in value
BLACKROCK'S RISE
1988: BlackRock was founded with a simple but powerful aim: to offer institutional clients asset management with a focus on advanced risk management.
1994: Within just six years, BlackRock had $53 billion in AUM.
1999: The company
Day 6 About Basic Finance and Accounting Concepts Here's Some New Concepts
3. Tangible Assets
Physical assets that have a physical form and can be touched.
Examples: machinery, real estate, vehicles, inventory, and office supplies.
4. Intangibl
Is it possible for an Indian to create a Company like Blackrock, Vanguard, State Street etc. Is it even possible to create a giant like this in today's time.
What are your thoughts on this.
6 replies13 likes
anant
Stealth • 20d
will next president of usa will be indian orgin
0 replies2 likes
financialnews
Stealth • 20d
"Sebi Permits Mutual Funds to Invest in Overseas Funds Holding Indian Securities for Enhanced Transparency"
Sebi Permits Mutual Funds to Invest in Overseas Funds with Limits on Indian Securities Exposure
The Securities and Exchange Board of India (