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$7 trillion could save the world but not in the way you might think

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A billionaire asset fund manager has told global CEO’s to focus on climate change.

The founder, Chairman and CEO of BlackRock, a global asset management company, is Laurence (Larry), Fink.

He founded the company in the 1980s and it went public in the late 1990s. The assets under management have grown to over $7 trillion and its share price has made Fink a billionaire. Their success is based in part on taking a long term view of returns and an investment it is data gathering tools under the name Aladdin.

Image credit: Pixabay

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The Money Show

Bruce Whitfield offers a wrap-up of the day’s business news as well as insight into trends and exper 
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