Birdwatch Note Rating
2022-12-05 14:52:22 UTC - HELPFUL
Rated by Participant: 17E746A1FC5185292CC1AAB4350F7A3EFFE915E2A3144A395A8EEE968E57FCBA
Participant Details
Original Note:
Blackrock doesn’t own 100% of these companies. Blackrock does manage other people’s assets, and that means they buy significant portions of those companies shares, but ultimately the shares are owned by the clients. This has been clarified in many occasions, like: https://www.reuters.com/article/factcheck-business-investment/fact-check-video-claiming-blackrock-and-vanguard-own-all-the-biggest-corporations-in-the-world-is-missing-context-idUSL2N2WI1K4
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