The Rise of BlackRock: From Origins to Global Influence

This chapter explores the evolution of BlackRock from its inception as an offshoot of Blackstone Financial Management to becoming a financial powerhouse. It delves into pivotal moments such as the 2007-2008 financial crisis, showcasing BlackRock's influential role in shaping economic policies and participating in major financial transactions and bailouts. The narrative also uncovers BlackRock's expansion into political influence and its significant impact on central banks and financial policies post-2019.