A great long form read in the FT summed up by this quote "Larry was astonishing on the level of details he knew. I don’t like him, but he’s a phenomenal businessman, and he lives for BlackRock,” observes one former senior executive. “When he leaves it will be like when Alex Ferguson left Manchester United . . . It is impossible to overstate how BlackRock’s journey is the journey of a single man.”
Despite some early strife, it has proved phenomenally successful. BlackRock has become the largest asset manager on the planet, investing money for everyone from pensioners to wealthy oligarchs and sovereign wealth funds. Today, it is one of the biggest shareholders in virtually every major company in America — and quite a few internationally as well. It is also one of the biggest lenders to companies and governments around the world. And its technology platform Aladdin provides essential wiring for swaths of the global investment industry.