Robert S. Kapito

Robert Steven Kapito (born February 8, 1957) is an American businessman and investor. He is a co-founder (with Larry Fink and Susan Wagner) and president of the New York City-based investment management firm BlackRock.





== Early life and education ==

Kapito was born in Monticello, New York, into a working-class Jewish family. His father, aunt and two brothers ran a tire and car repair business in Monticello for 50 years, and according to Kapito, "I don't think I ever saw them [his parents] with clean hands". When Kapito was 13, his father had a serious stroke, but continued working in the office. His father died in 1986, and his mother in 1997.

Kapito graduated from Monticello High School in 1975. He attended the State University of New York at Buffalo for two years, before transferring to the Wharton School of the University of Pennsylvania, where he graduated with a bachelor's degree in economics in 1979. He earned an MBA from Harvard Business School in Cambridge, Massachusetts (HBS) in 1983.





== Career ==

Kapito joined First Boston in 1979 after graduating from Penn and started in the Public Finance Department.