Birdwatch Note Rating
2022-12-05 21:40:16 UTC - HELPFUL
Rated by Participant: 1F73C297A64A2F4F3A7E1687188BF5A91871544ED17DBD24888409C9D61D6C42
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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