this post was submitted on 29 Jul 2025
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Luigi Mangione
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Just to be clear and without taking sides: Wesley LePatner appears to have been the CEO of the real estate portfolio of rental units. Literally the person most responsible for Blackstone buying up US housing at an alarming rate.
https://www.businessinsider.com/blackstone-real-estate-executive-wesley-lepatner-killed-gunman-345-park-2025-7?op=1
Wait there's a company called "Blackstone" as well as one called "Blackrock", and both buy up real estate?
Also a company called Vanguard. The 3 of them own almost everything
They manage these huge funds. The people who invested in their funds own the stocks in the funds. Though these companies do vote during stockholder meetings on behalf of their clients without the clients inputs. Thus they wield a lot of power over many companies but they don't own it all. If all their clients decide to drop them and liquidate they lose all that power.