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Just read that Larry Fink's salary at BlackRock is between $20 million and $40 million a year — crazy, right? In 2022 alone, he raked in over $32.7 million, including $23 million in stock options. That’s not even the full story.
The shocking part is the ratio: his salary was 212 times higher than the average employee’s salary. And that’s just his direct income. His BlackRock stock holdings were worth over $315 million as of February 2024. Larry Fink’s salary is actually just a small part of his wealth.
According to Forbes, he had a net worth of $1.1 billion in early 2024. When you look at it that way, his annual salary is almost negligible compared to his stock holdings. Wild how wealth concentration works among CEOs, huh?