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One platform for global traditional assets
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CandyDrop
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Just saw that BlackRock's Larry Fink has hit $1.1 billion net worth as of last year. Wild to think about—his annual comp from BlackRock alone is somewhere between $20-40 million. In 2022, he pulled in over $32.7 million total, which is like 212 times what the median employee makes. Not just salary either, we're talking base pay, bonuses, stock awards, the whole package. What's interesting is he's got over 414k BlackRock shares, worth like $315 million just from that position. So basically Larry Fink's wealth is heavily tied up in the company he runs. Makes sense why he's so invested in it, right? The Larry Fink net worth story is pretty much a masterclass in executive compensation.