Birdwatch Note Rating
2022-12-05 14:38:12 UTC - HELPFUL
Rated by Participant: 8DC308A15D6E9CF138FE6D009275C0A06ED689F5A20F92BA48FB81CCF706DCEB
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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