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BlackRock CEO Larry Fink Sells 7% Stake for $25 Million

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Source: Reuters.com
BlackRock CEO Larry Fink Sells 7% Stake for $25 Million
Photo: Reuters.com
TL;DR Summary

BlackRock CEO Larry Fink sold 7% of his stake in the asset management company, earning around $25 million. The sale was disclosed in a filing with the SEC. Last week, BlackRock reported an 18% drop in Q1 profit, but still beat analysts' estimates as investors continued to invest in its funds. Fink said that market turmoil can present "enormous opportunities" for BlackRock.

Topics:business#asset-management#blackrock#finance#larry-fink#profit#stock-sale
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  1. BlackRock CEO Larry Fink sells 7% of his stake  Reuters.com
  2. Larry Fink sells 7% of his BlackRock stake  MarketWatch
  3. BlackRock CEO Larry Fink Sells $25 Million in Stock  Barron's
  4. BlackRock CEO Larry Fink sells nearly 7% of his stake in asset management company  The Globe and Mail
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