BlackRock: assets under management 2024 | Statista (2024)

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BlackRock: assets under management 2024 | Statista? ›

The world's largest asset manager gathered almost $140bn of new money during the first half of 2024. BlackRock, the world's largest asset manager, pulled in more than $80bn of new money during the second quarter, helping the New York-based firm increase overall assets under management to a fresh record of $10.6tn.

BlackRock has a market cap or net worth of $131.20 billion as of September 13, 2024. Its market cap has increased by 26.29% in one year.

As of the first quarter of 2024, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10.5 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM as of 2022.

BlackRock Inc. hauled in $51 billion of client cash to its long-term investment funds in the second quarter, pushing the world's largest money manager to a record $10.6 trillion of assets.

The company reported a record $10.65 trillion in AUM, $1.22 trillion more than a year earlier and $0.18 trillion more than in the previous quarter. The fund recorded the strongest net inflows in the ETF segment, with total inflows of $83.14 billion.

He is a co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management. In April 2024, Fink's net worth was estimated at US$1.2 billion according to Forbes.

But what does BlackRock own besides BLK stock? Blackrock's investment in its BLK shares represents only a tiny fraction (0.2%) of the company's holdings. As of Q1 2024, the top five Blackrock holdings included Microsoft (5.3%), Apple (4.2%), Nvidia (3.8%), Amazon (2.7%), and Meta Platforms (1.8%).

Total assets on the balance sheet as of June 2024 : ₹10.513 T. According to BlackRock's latest financial reports the company's total assets are ₹10.513 T. A company's total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Why did BlackRock lose 1.7 trillion? ›

In the first half of this year, BlackRock jettisoned $1.7 trillion. While the firm quickly sought to pin the blame on 2022's market carnage, there's more to the picture—and it doesn't bode well for investors. Bloomberg is tracking the coronavirus pandemic and the progress of global vaccination efforts.

Cash on Hand as of June 2024 : $12.17 B

According to BlackRock's latest financial reports the company has $12.17 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

BlackRock is the world's largest asset manager, with US$8.59 trillion in assets under management as of December 31, 2022. This means that BlackRock owns or manages a significant share of many companies, including some of the biggest and most influential ones in various sectors and industries.

BlackRock has approximately 26K employees as of August 2024. These team members are located across 6 continents, including North AmericaEuropeAsia.

📈 The Rise of BlackRock: The World's Largest Asset Manager

From managing $53 billion in assets in 1994, BlackRock has seen its assets under management (AUM) surge to an astounding $10,646 billion by June 2024. This remarkable growth represents a compounded annual growth rate (CAGR) of 20%.

BlackRock net worth as of September 12, 2024 is $130.92B.

BlackRock. Highlights: 5.2% 10-year expected nominal return for U.S. large-cap equities; 9.9% for European equities; 9.1% for emerging-markets equities; 5.0% for U.S. aggregate bonds (as of September 2023). All return assumptions are nominal (non-inflation-adjusted).