BlackRock Triples Larry Fink’s Home Security as Anti-Woke Backlash Accelerates
23rd April 2024
BlackRock chief executive Larry Fink’s efforts to push ‘wokesim’ or environmental, social, and governance policies across corporate America have been in reverse in recent years amid the backlash from Republican lawmakers on Capitol Hill and 19 state attorneys general in conservative states, including Arizona and Texas, who have been fed up with ESG-related policies hurting the economy.
Supposedly, the backlash by anti-woke activists has forced BlackRock to triple Fink’s home security spending. Financial Times says the CEO has become “a target for anti-woke activists and conspiracy theorists.”
According to FT’s numbers, the $10.5 trillion money manager spent $563,513 to “upgrade the home security systems” at Fink’s residences during 2023, on top of $216,837 for bodyguards.