BlackRock profits surge as assets under management hit record $15 trillion

The asset manager's revenue growth is fueled by a broader global wealth expansion and persistent equity inflows, reinforcing its dominance in the financial sector.

By Handelsavisen Newsroom · Automated 2026-07-16 16:20 UTC · 1 min read Last updated: 2026-07-16 21:22 UTC

BlackRock has reported a significant jump in profits, driven by its assets under management (AUM) reaching a record $15 trillion.

The milestone underscores the asset manager's continued ability to capture capital flows amid a favorable market environment.

This wealth creation added nearly one million new millionaires to the global population, providing a robust base for asset managers like BlackRock to draw from.

MarketWatch reported the financial results, highlighting the scale of the firm's growth.

The surge in AUM coincides with a broader expansion in global personal wealth.

A recent report from UBS indicated that global personal wealth grew by 10.8% in 2025, the largest annual increase since 2017.

This wealth creation added nearly one million new millionaires to the global population, providing a robust base for asset managers like BlackRock to draw from.