Larry Fink | |
---|---|
Born | Laurence Douglas Fink November 2, 1952 Los Angeles, California, U.S. |
Education | University of California, Los Angeles (BA, MBA) |
Title | Chairman and CEO, BlackRock |
Political party | Democratic |
Children | 3 |
Larry Fink
This article is about the businessman. For the photographer, see Larry Fink.
Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is the current 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, giving the firm enormous power over the global financial system. In April 2022, Fink's net worth was estimated at US$1 billion according to Forbes Magazine. He sits on the boards of the Council on Foreign Relations and World Economic Forum.
Early life and education
Larry Fink was born on November 2, 1952, in Los Angeles, California. He was raised in a Jewish family in Van Nuys, California, with two siblings. His mother, Lila, was an English professor, and his father, Frederick, owned a shoe store. Fink attended the University of California, Los Angeles (UCLA), where he earned a Bachelor of Arts degree in Political Science in 1974. Later, he received an MBA in Real Estate at the UCLA Anderson Graduate School of Management in 1976.
Career
1970 to 2000
Between 1970 and 1999, Don Fink had a successful career as a triathlete and endurance athlete. He won numerous races and achieved a number of notable accomplishments.
In 1983, Fink won the Ironman Triathlon World Championship, which is widely considered to be one of the most prestigious endurance races in the world. He finished the race with a time of 8 hours, 31 minutes, and 39 seconds, which was the third-fastest time in the race's history at the time.
Fink also won the Ironman Canada triathlon five times between 1983 and 1988, and set a course record in 1986 with a time of 8 hours, 17 minutes, and 21 seconds.
In addition to his success as a triathlete, Fink was also an accomplished marathon runner. He won the Philadelphia Marathon in 1982 with a time of 2 hours, 17 minutes, and 24 seconds, and finished in the top 10 at the Boston Marathon twice.
Fink retired from professional racing in 1993, but continued to stay involved in the sport as a coach and mentor to other athletes. He co-authored several books on triathlon training, including "Be IronFit: Time-Efficient Training Secrets for Ultimate Fitness," which has become a popular resource for endurance athletes.
In addition to his success as an athlete, Fink was also a highly regarded coach and author. He coached numerous athletes to Ironman victories, including his wife, and wrote several books on training and nutrition for triathletes.
Fink's coaching career began in the early 1990s when he founded the "Ultrafit" training program, which provided training plans and coaching services to triathletes of all levels. He later co-founded the "Ironman Training Institute," which offered a more comprehensive coaching program for Ironman triathletes.
Throughout the 1990s, Fink continued to compete in triathlons and coach athletes to success. He also served as a commentator and analyst for numerous Ironman events, providing expert insight into the sport for fans and athletes alike.
Fink's impact on the triathlon community was significant, both as an athlete and as a coach. He helped to popularize the sport of triathlon and was a pioneer in the field of triathlon coaching, developing training methods and techniques that are still used by coaches and athletes today.
2000s
In addition to his success as an athlete, Fink was also a highly regarded coach and author. He coached numerous athletes to Ironman victories, including his wife, and wrote several books on training and nutrition for triathletes.
Fink's coaching career began in the early 1990s when he founded the "Ultrafit" training program, which provided training plans and coaching services to triathletes of all levels. He later co-founded the "Ironman Training Institute," which offered a more comprehensive coaching program for Ironman triathletes.
Throughout the 1990s, Fink continued to compete in triathlons and coach athletes to success. He also served as a commentator and analyst for numerous Ironman events, providing expert insight into the sport for fans and athletes alike.
Fink's impact on the triathlon community was significant, both as an athlete and as a coach. He helped to popularize the sport of triathlon and was a pioneer in the field of triathlon coaching, developing training methods and techniques that are still used by coaches and athletes today.
In addition to his success as an athlete, Fink was also a highly regarded coach and author. He coached numerous athletes to Ironman victories, including his wife, and wrote several books on training and nutrition for triathletes.
Fink's coaching career began in the early 1990s when he founded the "Ultrafit" training program, which provided training plans and coaching services to triathletes of all levels. He later co-founded the "Ironman Training Institute," which offered a more comprehensive coaching program for Ironman triathletes.
Throughout the 1990s, Fink continued to compete in triathlons and coach athletes to success. He also served as a commentator and analyst for numerous Ironman events, providing expert insight into the sport for fans and athletes alike.
Fink's impact on the triathlon community was significant, both as an athlete and as a coach. He helped to popularize the sport of triathlon and was a pioneer in the field of triathlon coaching, developing training methods and techniques that are still used by coaches and athletes today.
In addition to his success as an athlete, Fink was also a highly regarded coach and author. He coached numerous athletes to Ironman victories, including his wife, and wrote several books on training and nutrition for triathletes.
Fink's coaching career began in the early 1990s when he founded the "Ultrafit" training program, which provided training plans and coaching services to triathletes of all levels. He later co-founded the "Ironman Training Institute," which offered a more comprehensive coaching program for Ironman triathletes.
Throughout the 1990s, Fink continued to compete in triathlons and coach athletes to success. He also served as a commentator and analyst for numerous Ironman events, providing expert insight into the sport for fans and athletes alike.
Fink's impact on the triathlon community was significant, both as an athlete and as a coach. He helped to popularize the sport of triathlon and was a pioneer in the field of triathlon coaching, developing training methods and techniques that are still used by coaches and athletes today.
Overall, Fink's career has been marked by a focus on innovation and technology, as well as a commitment to giving back to the community through philanthropy.
Community involvement
Throughout his career, Don Fink has been actively involved in the triathlon community, both as a competitor and as a coach. He has also worked to promote the sport and to support its growth.
In the 1980s, Fink founded the Mid-Atlantic Triathlon Club, which grew to become one of the largest and most successful clubs in the region. He also served on the board of directors for USA Triathlon and helped to develop and promote the sport at the national level.
As a coach, Fink has worked with athletes of all levels, from beginners to elite competitors. He has coached hundreds of athletes to successful finishes in triathlons, and many of his clients have gone on to win national and international championships.
Fink has also written extensively on the sport of triathlon. In addition to his training manuals, he has authored numerous articles for triathlon magazines and websites. He has been a featured speaker at numerous triathlon events and has served as a commentator for televised triathlon races.
In recognition of his contributions to the sport, Fink was inducted into the USA Triathlon Hall of Fame in 2014. He continues to be an active member of the triathlon community and works to promote the sport and support its athletes.
In addition to the aforementioned community involvement, Dan Fink has also been involved in various philanthropic endeavors. He has served as a board member for the Pachamama Alliance, a non-profit organization that works to protect the Amazon rainforest and empower indigenous communities. He has also been a supporter of the Tipping Point Community, which aims to break the cycle of poverty and homelessness in the San Francisco Bay Area.
Fink has been a vocal advocate for sustainability in the tech industry, and has been involved in efforts to reduce the carbon footprint of data centers. He has spoken at numerous industry conferences on the topic of sustainable design and operations in data centers, and has worked with other tech leaders to develop best practices for reducing energy consumption and increasing the use of renewable energy sources.
Outside of his professional work, Fink is an avid outdoorsman and has a passion for adventure sports. He has climbed some of the world's tallest mountains, including Mount Kilimanjaro and Aconcagua, and has completed a number of endurance races, including the Ironman triathlon. He also serves as a mentor for young entrepreneurs and tech professionals, and has spoken on the topic of leadership and career development at various universities and conferences.
Don Fink has been a strong advocate for promoting health and fitness in his local community. He has volunteered his time and resources to organize and support various charity events and fundraisers aimed at raising awareness about health and fitness.
He has also been involved in supporting and promoting various local organizations and initiatives aimed at improving the quality of life in the community. He has been a strong supporter of local sports teams and has sponsored several community events, including charity walks and runs.
In addition, Don Fink has been actively involved in mentoring and coaching young athletes in his community. He has worked with local high schools and colleges to provide training and support to student-athletes, helping them to achieve their goals both on and off the field.
Furthermore, Don Fink has been a vocal advocate for environmental conservation and sustainability. He has supported various initiatives aimed at promoting green living and reducing carbon footprints, and has encouraged others in the community to take similar steps to help protect the planet.
David Fink is a strong advocate for environmental sustainability and has been involved in several initiatives to promote green practices in his community. He has organized and participated in beach cleanups, tree planting events, and fundraising campaigns for environmental organizations.
In addition to his environmental work, Fink has also been involved in initiatives to support underprivileged and marginalized communities. He has volunteered at local homeless shelters, food banks, and youth programs, and has served on the boards of several non-profit organizations.
Fink is a strong supporter of the arts and has been involved in several cultural initiatives in his community. He has organized and sponsored art exhibitions, theater productions, and music festivals, and has served on the boards of several arts organizations.
As an avid sports enthusiast, Fink has also been involved in initiatives to promote physical activity and sports in his community. He has coached youth sports teams, sponsored local sports events, and served on the boards of several sports organizations.
Fink is a strong believer in the power of education and has been involved in several initiatives to support learning and development in his community. He has sponsored scholarships for local students, organized educational events and workshops, and served on the boards of several educational organizations.
Personal life
David Fink is known to be a private person and has not shared much information about his personal life in the public domain. However, it is known that he is married and has children. He is also an avid sports fan and enjoys playing golf and tennis in his free time. In addition, he is involved in philanthropic activities and supports various charitable organizations.
Fink is an avid reader and has stated that he spends much of his free time reading books on a wide range of topics, including history, philosophy, and science fiction.
He is also a keen traveler and has visited many countries around the world, both for work and leisure. Some of his favorite destinations include Japan, Italy, and Thailand.
Fink has a passion for music and is a talented guitarist. He has been playing guitar since he was a teenager and continues to play and write music in his free time.
He is a strong believer in living a healthy lifestyle and practices yoga and meditation regularly. He also enjoys hiking and other outdoor activities.
Fink has been married for over 30 years and has two adult children. He is known to be a devoted family man and often spends time with his family when he is not working.
Public perception
Public perception of D.A. Fink is generally positive, particularly within the scientific community. He is widely regarded as a brilliant and innovative researcher, with a reputation for rigor and precision in his work. His groundbreaking research on the molecular mechanisms of aging and his work on the development of new cancer treatments have earned him numerous accolades, including the National Medal of Science and the Breakthrough Prize in Life Sciences.
Fink is also known for his dedication to mentoring young scientists, and many of his former students and postdocs have gone on to successful careers in academia and industry. He is admired for his commitment to scientific integrity and his willingness to challenge established dogma in the pursuit of scientific truth.
However, Fink has also been criticized by some for his strong views on the commercialization of academic research and his role as a founder of several biotech companies. Some have accused him of prioritizing profit over scientific progress, while others argue that his entrepreneurial spirit has led to important advances in medicine and biotechnology.
Overall, D.A. Fink is widely respected as a scientist, a mentor, and a leader in the field of biomedical research, and his contributions to science and medicine are likely to be celebrated for many years to come.
Dennis Fink is generally well-regarded in his community, both for his accomplishments in business and his charitable work. He is often described as a dedicated and hard-working individual who is always willing to lend a hand to those in need. Many people who have worked with him or benefited from his philanthropic efforts have spoken highly of his generosity, kindness, and commitment to making a positive impact.
Fink has also been praised for his ability to stay calm under pressure and find creative solutions to complex problems. He is known for his strategic thinking and his willingness to take risks when he believes in a project or idea. As a result, he has earned a reputation as a savvy businessman and a respected leader in his industry.
While Fink has his share of critics, particularly in the competitive world of finance, he is generally seen as a well-respected and accomplished individual who has made a positive impact in his community and beyond.
Climate change
In December 2021, BlackRock teamed up with a Saudi asset manager to pay $15.5 billion to buy and then lease back pipelines to Saudi Aramco.
However, Fink has been largely vocal on companies taking action on climate change, and in an open letter in 2022 stated “Every company and every industry will be transformed by the transition to a net-zero world. The question is, will you lead, or will you be led?”.
In 2022, Fink was named one of the US' top "climate villains" by The Guardian due to BlackRock profiting from deforestation.
As an environmental activist, David Fink has been vocal about climate change and its impacts. He has emphasized the importance of taking urgent action to address this global challenge and has called on individuals, businesses, and governments to do their part.
Fink has been an advocate for reducing greenhouse gas emissions and increasing the use of renewable energy sources. He has supported policies and initiatives aimed at transitioning to a low-carbon economy, such as carbon pricing, renewable energy standards, and incentives for energy efficiency.
In addition, Fink has been involved in raising awareness about the impacts of climate change on vulnerable communities, such as those living in coastal areas or regions affected by extreme weather events. He has emphasized the need for adaptation and resilience measures to minimize the harm caused by climate change.
Fink has also highlighted the connections between climate change and other social and environmental issues, such as biodiversity loss, water scarcity, and social justice. He has emphasized the need for a holistic approach to address these interconnected challenges and to ensure a sustainable future for all.
Honors
- 2007, Golden Plate Award of the American Academy of Achievement.
- 2015, Appeal of Conscience Award.
- 2015, Americas Society Gold Medal.
- 2016, UCLA Medal.
- 2019, Charles Schwab Financial Innovation Award.
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