If we talk about Blackstone meaning, it is also an American Multinational company founded in 1985 by two Lehman Brothers employees, Schwarzman and Peterson. Initially founded as an M&A firm, it expanded into other areas, such as distressed business advisory, private equity, and real estate. Now Blackstone has $881 billion in asset management and is known as the largest private equity firm in the world. Blackstone investment aims to build a successful business with stronger communities and economic growth. However, this company has been criticized due to its connections with firms regarding the deforestation of the Amazon forest. Moreover, this company also has fewer employees as compared to BlackRock, which makes it smaller than that. But BlackRock does not beat it in capitalization, the primary criterion for the strength of a company.