Birdwatch Note Rating
2022-12-05 06:17:11 UTC - HELPFUL
Rated by Participant: 75DE5091E62053B99DD7EBEBFF9749047814415565DFD373C77AA987F69444BC
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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