Birdwatch Note Rating
2022-12-05 05:15:30 UTC - HELPFUL
Rated by Participant: E587B5422846502446B9130D8647E4459DD209B1DBCC39A686B88DEDC8EC5367
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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