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just looked up larry fink net worth out of curiosity and honestly the numbers are wild. the blackrock ceo is sitting on $1.1 billion according to forbes data from last year, which is insane when you think about it.
so here's where it gets interesting - his annual compensation from blackrock alone is between $20-40 million. in 2022 he pulled in like $32.7 million total, with $23 million just from stock awards. that's basically more than most people make in a lifetime in one year lol. the salary breakdown was $1.5M base + $7.25M bonus + another $725k in other stuff.
what really stood out to me is that his compensation was 212 times what the median blackrock employee makes. 212 times. and his stake in the company? he owns over 414k shares worth around $315 million just from that position alone. larry fink net worth keeps climbing because of how much the guy's actually embedded in blackrock's success.
like when you think about how much wealth concentration there is at the top, this is a perfect example. one person's net worth is over a billion while most people are still figuring out retirement. wild stuff