Birdwatch Note Rating
2022-12-06 04:51:55 UTC - HELPFUL
Rated by Participant: 1EAD004DADA9EC622508E680A3C76349EE9E3971F66AC2FDCD63E0AB4B3FAA99
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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