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Larry Fink, CEO of BlackRock and the most powerful man in finance: ‘The global economy will enter a recession if the war in Iran lasts more than a year’

Summary by El Pais
Larry Fink is the most powerful person in the financial markets, and that status is granted to him by BlackRock. As chairman and CEO of the world’s largest asset manager, he manages $14 trillion – the sum of all the assets owned by the firm’s individual and institutional investors. His business card opens any door. Political leaders, central bankers, regulators and businesspeople all want to hear from “the man behind the curtain,” as the busines…

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  • 100% of the sources lean Left
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El Pais broke the news in Spain on Tuesday, March 31, 2026.
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