Larry Fink

Larry Fink is the CEO of BlackRock, the world's largest asset manager. He is currently newsworthy due to several interconnected events. Firstly, there's discussion around the World Economic Forum (WEF), where Fink is now an interim co-chief. He's publicly considering moving the WEF's annual meeting from Davos, Switzerland, to locations more representative of the "modern world." This comes amid the resignation of WEF's president and CEO, Børge Brende, following scrutiny over his ties to Jeffrey Epstein. Additionally, Fink and BlackRock are facing criticism for allegedly backsliding on climate change commitments, despite initial pledges to use trillions to combat it. This perceived failure of the financial industry to follow through on environmental promises adds to Fink's current relevance and highlights the challenges of balancing economic interests with climate goals.