BlackRock vs Dell: Founders, CEOs and History
BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner and is led by Larry Fink. Dell was founded in 1984 by Michael S. Dell and is led by Michael S. Dell.
Company facts
Founders
BlackRock
Larry Fink
Fink joined First Boston in 1976 and became one of its youngest managing directors, running a mortgage-bond desk that was highly profitable until a 1986 interest-rate move cost it about $100 million.
Robert S. Kapito
Kapito worked alongside Fink at First Boston and joined him in founding BlackRock in 1988.
Susan Wagner
Wagner ran many of the functions that let a small bond shop grow into a global firm, including strategy, corporate development and operations.
Barbara Novick
For roughly BlackRock's first two decades Novick ran its global client business, winning the institutional mandates that funded the firm's early growth.
Ben Golub
Golub led much of the quantitative work behind BlackRock's risk-first approach, building analytics for mortgage prepayment, interest-rate and credit risk that became central to Aladdin.
Hugh Frater
Frater was one of the mortgage specialists who helped launch BlackRock's fixed income business and held senior roles at the firm before leaving.
Ralph Schlosstein
Schlosstein brought corporate finance and public policy experience to the founding team; before Lehman he worked at the US Treasury and on the White House domestic policy staff during the Carter administration.
Keith Anderson
Anderson ran BlackRock's fixed income investing for two decades, the core of the firm until iShares arrived with the 2009 BGI deal, and sat on its executive committee. In 2008 he left to become Chief Investment Officer of Soros Fund Management.
Dell
Michael S. Dell
Dell Technologies possesses one of the most famous, foundational founding stories in the history of the personal computer revolution, rooted in an aggressive, direct-to-consumer arbitrage strategy executed entirely from a college dorm room.
CEOs and their tenures
BlackRock
- Larry Fink1988–present
Chairman and Chief Executive Officer
Fink co-founded BlackRock in 1988 and has run it for its entire history, taking it from a bond boutique to the world's largest asset manager.
Source - Susan Wagner1988–2012
Co-Founder, Chief Operating Officer and Vice Chairman
Co-founder who led strategy, corporate development and operations, including BlackRock's side of the MLIM merger and the BGI acquisition, before retiring from management in 2012 and joining the board.
Source - Robert S. Kapito2007–present
President
Co-founder who long ran BlackRock's Portfolio Management Group across fixed income, equity, liquidity and alternatives before becoming President in 2007, overseeing day-to-day operations.
Source - Rob Goldstein2014–present
Chief Operating Officer
Named COO in 2014 after running BlackRock's global institutional client business; oversees operations across the firm and sits on the management committee created in 2025.
Source - Martin Small2023–present
Chief Financial Officer
CFO since 2023; leads financial planning and investor reporting and has laid out the 2030 targets for private markets, technology and digital asset revenue on earnings calls.
Source - Adebayo Ogunlesi2024–present
Chairman and CEO, Global Infrastructure Partners
Founder of GIP who joined BlackRock's leadership when the deal closed in October 2024; leads its infrastructure business, including the Aligned Data Centers and AES transactions.
Source
Dell
- Michael S. Dell1984–present
Founder, Chairman, and Chief Executive Officer
Michael Dell's bold, aggressive strategic maneuvers transformed the company from a successful consumer PC manufacturer into a global leader in complex enterprise data center infrastructure and advanced cloud computing.
Source - Kevin Rollins2004–2007
President and Chief Executive Officer
As CEO from 2004 to 2007, he oversaw a period of severe stagnation, losing the company's #1 PC market share position to HP, forcing Michael Dell to return and retake control.
Source - Jeff Clarke2017–present
Vice Chairman and Chief Operating Officer
As Vice Chairman and Co-COO, he is the primary operational architect of Dell's Infrastructure Solutions Group, transforming the company from a PC maker into a massive enterprise IT vendor.
Source - David Kennedy2025–present
Chief Financial Officer
As Chief Legal Officer, he navigated the highly contentious 2013 leveraged buyout that took the company private, and the equally complex 2018 transaction that returned it to the public markets.
Source
Timeline: BlackRock and Dell side by side
1984Dell
PC's Limited Founded
Michael Dell starts PC's Limited from his University of Texas dorm room using a direct-sales PC model.
1988BlackRock
Founded inside the Blackstone Group
Larry Fink and seven partners start Blackstone Financial Management, a bond and risk-management unit backed by a $5 million credit line from the Blackstone Group.
1988Dell
Dell Goes Public
Dell Computer Corporation completes its initial public offering and scales internationally.
1992BlackRock
Renamed BlackRock
The business takes the BlackRock name and ends the year managing about $17 billion in assets.
1994BlackRock
Sold to PNC for $240 million
After a dispute over equity for new hires, Blackstone sells BlackRock to PNC, which becomes its long-term majority owner.
1999BlackRock
NYSE IPO
BlackRock lists on the New York Stock Exchange on October 1, 1999, at $14 per share.
2000BlackRock
BlackRock Solutions launched
BlackRock starts selling its internal risk analytics, later known as Aladdin, and advisory services to other institutions.
2001Dell
Dell Becomes Largest PC Maker
Dell becomes the world's largest PC maker by market share, validating the direct model at global scale.
2006BlackRock
Merger with Merrill Lynch Investment Managers
The MLIM deal adds equity, retail and international businesses and gives Merrill Lynch a stake of nearly half of BlackRock.
2007Dell
Michael Dell Returns as CEO
Michael Dell returned as chief executive in January 2007, replacing Kevin Rollins.
2008BlackRock
Hired to manage crisis assets
The Federal Reserve Bank of New York hires BlackRock to manage the Maiden Lane portfolios taken over from Bear Stearns and AIG.
2009BlackRock
Acquires Barclays Global Investors and iShares
BlackRock closes its purchase of BGI on December 1, 2009, becoming the world's largest asset manager and taking over the iShares ETF business.
2009Dell
Perot Systems Acquired
Dell bought the IT services company Perot Systems in 2009 for about $3.9 billion.
2013Dell
Dell Goes Private
Michael Dell and Silver Lake take Dell private in a leveraged buyout to reposition the company away from public-market pressure.
2016Dell
EMC Acquired
Dell completes the EMC acquisition, creating Dell Technologies and expanding into enterprise storage, infrastructure, and VMware-linked assets.
2018Dell
Dell Returns to Public Markets
Dell Technologies returns to public-market trading through a complex transaction involving its VMware tracking stock.
2020BlackRock
PNC exits its stake
PNC sells its roughly 22% stake in BlackRock, leaving the company without a large controlling shareholder.
2021Dell
VMware Spin-Off
Dell completes the VMware spin-off, simplifying the corporate structure and reducing debt.
2023BlackRock
Moves headquarters to 50 Hudson Yards
BlackRock moves its New York headquarters to the 50 Hudson Yards tower on Manhattan's West Side.
2024BlackRock
iShares Bitcoin Trust launch and GIP deal
BlackRock launches the iShares Bitcoin Trust in January and closes the roughly $12.5 billion purchase of Global Infrastructure Partners on October 1.
2025BlackRock
HPS deal and record inflows
BlackRock completes the HPS Investment Partners and Preqin acquisitions, then ends the year with a record $698 billion of net inflows and $14 trillion in AUM.
2025Dell
PC Brands Simplified
Dell introduces simplified Dell, Dell Pro and Dell Pro Max PC brand tiers at CES 2025.
2026BlackRock
AUM passes $15 trillion
AUM reaches a record $15.3 trillion at June 30, 2026, and a GIP-backed consortium closes the $40 billion acquisition of Aligned Data Centers in July.
2026Dell
Record $113.5B Fiscal Year
Dell reports record fiscal 2026 revenue of $113.5B, $64.1B of AI server orders and a $43B AI backlog.
2026Dell
$95B AI Server Backlog
Q2 fiscal 2027 revenue rises 58% to $47.0B; AI orders hit $60.9B and backlog reaches $95B; full-year guidance raised to about $192B.
Acquisitions
BlackRock
- Preqin2025$3.2B
- HPS Investment Partners2025$12B
- Global Infrastructure Partners (GIP)2024$12.5B
- Aperio Group2021$1.1B
- eFront2019$1.3B
- Barclays Global Investors (BGI) and iShares2009$13.5B
Dell
- EMC Corporation2016$67B
- Quest Software2012$2.4B
- Perot Systems2009$3.9B
- Alienware2006Undisclosed
Questions about BlackRock vs Dell
Who is the CEO of BlackRock, Inc. and Dell Technologies Inc.?
BlackRock, Inc. is led by Larry Fink and Dell Technologies Inc. is led by Michael S. Dell. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was BlackRock, Inc. founded vs Dell Technologies Inc.?
Dell Technologies Inc. was founded in 1984 — 4 years before BlackRock, Inc., which was founded in 1988. Dell Technologies Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger BlackRock, Inc..
How many employees does BlackRock, Inc. have compared to Dell Technologies Inc.?
BlackRock, Inc. employs approximately 24,900 people, while Dell Technologies Inc. employs approximately 97,000. Dell Technologies Inc. has the larger workforce at 97,000 employees, compared to BlackRock, Inc.'s 24,900. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are BlackRock, Inc. and Dell Technologies Inc. headquartered?
Both BlackRock, Inc. and Dell Technologies Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded BlackRock, Inc. and Dell Technologies Inc.?
BlackRock, Inc. was founded by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, Keith Anderson. Dell Technologies Inc. was founded by Michael S. Dell.
Which company has a longer operating history — BlackRock, Inc. or Dell Technologies Inc.?
Dell Technologies Inc. has been operating for approximately 42 years, making it the more established of the two companies. BlackRock, Inc. has been in operation for around 38 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BlackRock vs Dell overview