Birdwatch Note Rating
2022-12-05 04:47:34 UTC - HELPFUL
Rated by Participant: A72AEBA1BABC022B5E4778CB6421D3E5D73909CD39AEB9591F986AD2EBA4584B
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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