Birdwatch Note Rating
2022-12-05 06:17:11 UTC - HELPFUL
Rated by Participant: 97515CADF65C453D29002ED3B777C2273FE9CC69E7FBC898F63673DBA7092FD0
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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