BlackRock’s Blood and Tears-Fueled Rise: How Does Infamous Vulture Fund Make Its Money?

US investment giant BlackRock has hit a new record on assets under management, topping $11.48 trillion in Q3 2024 – equivalent to the nominal GDP of Japan, India and the UK combined, and the valuation growing by nearly $2.4 trillion (the GDP of an Italy or Brazil) since Q3 2023 alone. How does BlackRock make its money? Sputnik explores.