31 Billionaires Are Loading Up on This Sector

Why are 31 of the world's richest billionaires, like Warren Buffett, Jeff Bezos, the Walton family, and Bill Gates in a frenzy to ditch their stocks? And why are they all converging on ONE unique corner of the market instead?

Rachel Lord Biography and Net Worth

Director of BlackRock

Rachel Lord, Senior Managing Director, is BlackRock’s Chair and Head of Asia Pacific, as well as a member of the Global Executive Committee. She also chairs the APAC Steering and Executive Committees. Ms. Lord oversees all business activities in the region, which includes Australasia, Greater China, India, Japan, Southeast Asia and South Korea.

Before assuming her current role, Ms. Lord served as Head of Europe, Middle East and Africa (EMEA) from September 2017. She led the EMEA business to serve clients across individual markets by bringing to bear a wealth of local expertise and insight. Ms. Lord was previously EMEA Head of iShares and Head of Global Clients, ETF and Index Investments.

Ms. Lord joined BlackRock in November 2013 from Citigroup where she was Global Head of Corporate Equity Derivatives. She joined Citigroup in 2009 after 13 years at Morgan Stanley, where she played a variety of senior roles in the equities and capital markets businesses in EMEA and Asia.

Ms. Lord qualified as a Chartered Accountant in 1990, following which she worked in structured finance for five years before moving into equity derivatives. In 2020, she was named by the Financial News (UK) as one of the 100 most influential women in European Finance for the 10th year running, and was also named as the Asset Management Industry Leader of the Year for 2020.

Ms. Lord graduated in 1987 from the University of Leeds with a BA (Hons) First Class in International History & Politics

What is Rachel Lord's net worth?: The estimated net worth of Rachel Lord is at least $17.72 million as of February 23rd, 2024. Ms. Lord owns 17,004 shares of BlackRock stock worth more than $17,718,168 as of November 18th. This net worth estimate does not reflect any other investments that Ms. Lord may own. Learn More about Rachel Lord's net worth.
How do I contact Rachel Lord?: The corporate mailing address for Ms. Lord and other BlackRock executives is 55 EAST 52ND STREET, NEW YORK NY, 10055. BlackRock can also be reached via phone at (212) 810-5300 and via email at [email protected]. Learn More on Rachel Lord's contact information.
Has Rachel Lord been buying or selling shares of BlackRock?: Rachel Lord has not been actively trading shares of BlackRock during the past quarter. Most recently, Rachel Lord sold 36,059 shares of the business's stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $818.06, for a transaction totalling $29,498,425.54. Following the completion of the sale, the director now directly owns 17,004 shares of the company's stock, valued at $13,910,292.24. Learn More on Rachel Lord's trading history.
Who are BlackRock's active insiders?: BlackRock's insider roster includes Stephen Cohen (Director), Marc Comerchero (Insider), Pamela Daley (Director), Laurence Fink (Chairman & CEO), William Ford (Director), Robert Goldstein (COO), Robert Kapito (President), J. Kushel (Director), Rachel Lord (Director), Mark McCombe (Director), Christopher Meade (General Counsel), Manish Mehta (Director), Gary Shedlin (CFO), Martin Small (CFO), and Mark Wiedman (Director). Learn More on BlackRock's active insiders.
Are insiders buying or selling shares of BlackRock?: In the last year, insiders at the asset manager sold shares 17 times. They sold a total of 233,531 shares worth more than $183,414,374.19. The most recent insider tranaction occured on August, 30th when Director Mark Wiedman sold 12,000 shares worth more than $10,800,000.00. Insiders at BlackRock own 0.9% of the company. Learn More about insider trades at BlackRock.
Information on this page was last updated on 8/30/2024.

Rachel Lord Insider Trading History at BlackRock

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/23/2024	Sell	36,059	$818.06	$29,498,425.54	17,004
11/11/2022	Sell	3,950	$773.41	$3,054,969.50	8,319
4/20/2021	Sell	4,416	$808.00	$3,568,128.00
5/7/2020	Sell	3,000	$499.31	$1,497,930.00
2/13/2019	Sell	3,863	$426.70	$1,648,342.10

Rachel Lord Buying and Selling Activity at BlackRock

BlackRock Company Overview

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

Today's Range

Now: $1,049.97

$1,037.40

$1,053.22

50 Day Range

MA: $969.04

$877.12

$1,053.84

2 Week Range

Now: $1,049.97

$712.11

$1,068.34

Volume

500,304 shs

Average Volume

574,657 shs

Market Capitalization

$162.62 billion

P/E Ratio

25.91

Dividend Yield

1.95%

Beta

1.3

31 Billionaires Are Loading Up on This Sector

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