Larry Fink’s leadership at BlackRock Inc. is driving asset growth through private markets acquisitions. His latest deal involves HPS Investment Partners, acquiring a $12 billion private-credit specialist. The move has made three new billionaires richer than Fink, Scott Kapnick, Scot French, and Mike Patterson, who combined now have a net worth of $8.6 billion.
Source: https://www.bloomberg.com/news/articles/2024-12-03/fink-mints-more-fortunes-bigger-than-his-in-private-markets-push