Birdwatch Note Rating
2022-12-05 05:05:29 UTC - HELPFUL
Rated by Participant: BC706D5F1B01022306EFB384EA9A0FEFB17135040AC08B47315703795C5D1BC8
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
All Note Details