Birdwatch Note Rating
2022-12-05 07:06:30 UTC - HELPFUL
Rated by Participant: 7EB967637AAFB0CEA879091BFB5757A2652EB11E408E2128BB816776444292BA
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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