Birdwatch Note Rating
2022-12-05 11:35:13 UTC - HELPFUL
Rated by Participant: 7AE24C59AD3B0B71FD3FE3CE46C8A04697C65C7CF13BF4BB531EACEEB0C25896
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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