Birdwatch Note Rating
2022-12-05 14:40:57 UTC - HELPFUL
Rated by Participant: 377BB5EA35F6ABBC960E6E0B241C122E253993187FAD7B48BF91CC08FFD0485A
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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