Speaking on Jan. 22 at the World Economic Forum in Davos, President Donald Trump’s special envoy Steve Witkoff announced that BlackRock CEO Larry Fink, a notorious financial predator, has just joined Trump’s team to serve as Ukraine’s “prosperity adviser” to raise $800 billion for the country’s reconstruction. Describing Fink as a “best-in-class” prosperity adviser, Witkoff reported that Fink had been good enough to volunteer for the job, the Irish Sun reported.
This isn’t Fink’s first attempt to launch this type of scheme. In 2023, he tried and failed to set up a Ukrainian reconstruction fund seeking investments worth $50-$80 billion, but had to bail out when investors failed to materialize. He finally shut it down permanently last year due to what Bloomberg described as a “lack of interest amid increased uncertainty about Ukraine’s future.” One can hardly say there is more investor certainty in the turbulent world of 2026.