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19. Larry Fink
Title: Founder and CEO, BlackRock
Country: US
Age: 63
Few have more responsibility for the US’s economic well-being than Fink — CEO of BlackRock — the world’s largest asset-management firm.
After rising to prominence and then flaming out on Wall Street — he wasforced out at investment bank First Boston after losing $100 million on a poor interest-rate bet — he started BlackRock in 1988. It quickly grew into one of the largest money managers in the country.
Fink is well regarded as a master of risk analysis and one of the savviest leaders in finance. His prowess and the company’s state-of-the-art risk-management system (dubbed “Aladdin”) made BlackRock a go-to adviser for sorting out toxic assets during the financial crisis, both to top banks and the US government. Today he’s trusted with overseeing $4.5 trillion in assets, a large chunk of it comprised of the hard-earned dollars from the average US citizen’s pension or retirement account. Fink is a popular and often speculated potential candidate for US Treasury secretary.
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