Birdwatch Note Rating
2022-12-05 23:49:27 UTC - HELPFUL
Rated by Participant: F54EB403E3DD0447AD51DEFECAB2125370D93A41FD2931F23D426F7DF895A5ED
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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