BlackRock, a major investment company based in the US, has reached a stunning milestone: it now manages over $11.48 trillion! This amount is comparable to the total economic output (GDP) of countries like Japan, India, and the UK combined. Over the past year, its value has jumped by nearly $2.4 trillion—which is as much as the GDP of countries like Italy or Brazil. But how does BlackRock make its money? Let’s take a closer look.
A Powerful Force in Finance
BlackRock has often been com...