Global inequality is at an all-time high

Fink's concerns come amid very high global inequality: the richest 10% now own 75% of all wealth, while the poorest half have just 2%, according to the World Inequality Report.
This means most people are left watching a small elite get even richer.

Capitalism needs more 'owners of growth,' Fink warns

He's calling for a "credible plan" so more people benefit from AI, not just those who own or control it.
Fink says capitalism needs more "owners of growth instead of spectators," or risk deepening divides as tech advances.

Who is Larry Fink?

Larry Fink is the CEO of BlackRock; it manages about $14 trillion in assets.
He became interim co-chair at the World Economic Forum and regularly shapes global economic debates with his annual letters and Davos speeches.