Birdwatch Note Rating
2022-12-05 06:29:46 UTC - HELPFUL
Rated by Participant: B633C548578A36FAE1AA30EB97C1655FAD1AF3A3AF2605E7352EAA5E51AB61CD
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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