Birdwatch Note Rating
2022-12-05 05:05:29 UTC - HELPFUL
Rated by Participant: 83014A99A938546725541DE3C01814B76304A4C140C77E9C4651CF3E70685FA7
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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