The head of global investment giant BlackRock saw his annual compensation jump to $37.7 million for 2025, according to regulatory documents filed Friday by the company.
Larry Fink’s pay package consisted of a $1.5 million base salary plus a $10.6 million bonus, representing a significant increase from his $30.8 million compensation in 2024. The boost came primarily from an additional $6.5 million in stock awards given to the chief executive.
“We’re entering 2026 with elevated momentum and we’re positioned ahead of significant future opportunities,” Fink said in a letter to investors.
The compensation increase comes after BlackRock faced criticism from shareholder advisory firm Institutional Shareholder Services, which urged investors to reject executive pay packages last year. Despite the opposition recommendation, BlackRock reported that 67% of shareholder votes supported the executive compensation plan.
The investment management firm announced in January that it now oversees a record-breaking $14 trillion in client assets.
BlackRock exceeded Wall Street earnings expectations in the final quarter of 2025, posting net profits of $2.18 billion after excluding certain one-time costs. While the company’s stock gained 4.5% throughout 2025, shares have dropped more than 12% in the current year.
