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BlackRock manages around $13 trillion, more money than the economies of most countries. It holds major stakes in many of the world’s largest companies on behalf of its clients. That gives the firm enormous voting power across corporate America. Its Aladdin technology helps major banks, governments, and institutions understand risk. During financial crises, governments have even turned to BlackRock for advice. It does not literally own all that money or control the world, but very few firms have

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Blackstone is one of the largest investment firms in the world. It manages more than $1.3 trillion for pension funds, governments, insurance companies, and wealthy investors. The firm invests in private equity, real estate, credit, infrastructure, and other private markets. Its real estate business owns or finances thousands of properties around the world. Blackstone also lends money to companies and invests in their debt. In private equity, it buys businesses and works to make them more valuabl