Birdwatch Note Rating
2022-12-06 08:37:51 UTC - HELPFUL
Rated by Participant: 8EDAF9A99AFA4A0BFD2B12F50BC409A372634CB4B09C243A4C05FE135C172709
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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