He is a dual citizen of the U.S. and the U.K. 2. A little later, he bought a chain of five-star hotels in France. He attended Moscow State University of Railway Engineering but did not complete his coursework due to the family's request for emigration visas. [17][20], Blavatnik and Vekselberg initially obtained a stake in the Irkutsk Aluminum Plant. [103], In May 2021, he once again topped the Sunday Times Rich List, having seen his wealth increase by 7.2 billion in the year to a total of 23 billion. Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. It took more than a year of Miami Beach residents squaring off against each other at packed commission hearings, A company managed by Alex Blavatnik,brother of billionaire Len Blavatnik, dropped $11.55 million on fifth-floor unit at Faena House, All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Blavatnik bought artist Damien Hirst's giant gilded wooly mammoth skeleton entitled "Gone (but) Not Forgotten" for $15 million in 2014. In the case of (a), the PURCHASE chart would show Len Blavatnik, the best (Profession) in the world, is worth $33 billion. 42 with a net worth of $16.7 billion. Estimated Net Worth in 2021. would show a series of downward sloping curves, indicating negative returns after each sale transaction. Blavatnik's company []. As of 2019, Blavatnik was ranked 27th in the Forbes 400 list. What is Len Blavantik's net worth? Len Blavatnik | Net worth: $30.6 billion - Source of wealth: music, chemicals - Age: 63 - Country/territory: United States | Business entrepreneur Len Blavatnik built his . The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. [33], On May 6, 2011, Warner Music Group announced its sale to Access for US$3.3 billion. , Finally, we average all of the performance metrics to calculate a performance metric for the insider. Very little is known of Blavatniks parents. Javascript is disabled in your web browser. After a contentious campaign to upzone part To make way for their ambitious redevelopment project on a 2.2-acre slice of North Beach, Alex Blavatnik and Sandor Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. Blavatnik is precisely what the Kleptocracy Initiative is fighting against the influence of Putins oligarchs on Americas political system and society and the importation of corrupt Russian business practices and values., Sources at the Hudson Institute said that Kleptocracy Initiative would continue, but did not comment on the Blavatnik gift. sale The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. After purchasing Warner Music in 2011 for $3.3 billion, he took the company public in June 2020 at quadruple the value. By selling ads in their games, Tripledot did $200 million in revenue last yearup 250% from the previous yearon estimated profit of around $30 million. Len & Emily Blavatnik Net worth: Source of wealth: Music, chemicals Contributions: $55,600 ENERGY Gordon & Ann Getty Net worth: $2.1 billion Source of wealth: Getty Oil Contributions:. Acting CFO & Corp. Contr. a net [5] Blavatnik made his wealth through the acquisition of these commodities. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. He acquired the company for $3.3 billion in 2011, investing. The Financial Times reported that this would enable the company to target new revenue streams in betting. According to Forbes, Koch has made major contributions to New York organizations such as Lincoln Center and Memorial Sloan Kettering Cancer Center. Meanwhile, London-based Dazn aims . [2][3] In 2017, Blavatnik received a knighthood for services to philanthropy. AAR far outbid its competitors but did not end up buying the agreed sum. Blavatnik was ranked as the 20th richest person in the world by Forbes as of March 2022, with a net worth of $35.4 billion. [19] He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. He lives in London with his family. Businessman. Blavatnik was born in 1957 in Odessa, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. [19] In a 2002 interview, Blavatnik told Bloomberg he was even considering creating his own railways. ", "Access Industries to Buy Lyondell Chemical", "BP, Russian billionaires, and the Kremlin: a Power Triangle that never was", "A Rocky Road Led to Big Russian Oil Deal", "INTERNATIONAL BUSINESS; Foreign Investors Win Court Order in Russian Oil Case", "Denied Visa, Chief of BP Joint Venture Is Forced to Leave Russia", "Harvard Med Gets Record Gift From Blavatnik to Speed Research", "C&EN's Global Top 50 Chemical Firms For 2014", "LyondellBasell May Seek Chapter 11 Bankruptcy Protection", JPMorgan Chase ordered to pay Blavatnik $50 million in damages, "Len Blavatnik wins $50m in JPMorgan lawsuit", "Warner Music to be sold in $3.3 billion cash deal", "Warner Music Is Sold, Ending a Long Auction", "Access Industries buys Warner Music Group for $3.3bn Music Business Worldwide", "Debt Sinks Warner Earnings, Despite Hits From Bubl and Black Keys", "Deezer takes fight to Spotify with Paris IPO", "Perform Group surges on offer from Access Industries", "Len Blavatnik, Danny Cohen's Access Entertainment Backs Bad Wolf (EXCLUSIVE)", "James Packer has sold his stake in Hollywood film company RatPac Entertainment", "Five suitors in the running for purchase of Time Inc", "Bronfman-backed group walks away from Time Inc", "Billionaire Blavatnik leads race to buy prized West End theatre", "Sir Leonard Blavatnik buys one of London's oldest theatres", "Billionaire Takes Over West End Theater In Record-Breaking Deal", "Blavatnik owns AI Film, the independent film and production company that's behind acclaimed film Lee Daniels' The Butler and the summer 2015 release Mr. Holmes", "Perform Group to de-list as Access Industries takes over", "Len Blavatnik agrees $4.3bn recapitalisation of DAZN", "Len Blavatnik Agrees $4.3 Billion DAZN Recapitalization", "Blavatnik-backed DAZN strike $365m deal with boxer Canelo Alvarez", "DAZN to screen Italian football's top league", "Tycoon's 'Netflix of Sport' Beats Comcast to $3 Billion Deal", "DAZN Tells Leagues It Won't Pay for Games on Hold", "Billionaire Len Blavatnik eyes 400m float", "One of Europe's fastest-growing telecoms companies aims to raise 275m", "Board of Fellows | Harvard Medical School", Academic Boards and Committees: Harvard University, Cambridge University, Tel Aviv University, "Tate Modern names extension after billionaire Len Blavatnik", "Prestigious Blavatnik Awards for Young Scientists in the UK Award 480,000 (~$650,000) to Nine UK-based Scientists", "Sir Leonard Blavatnik's art of giving away a fortune", "Criticism sparks over Russia-linked billionaire Yale donor", Blavatnik donation of 75 million to Oxford University, "Oxford expands with billionaire's 75m gift", "School of Government launched at Oxford University", "Tate Modern names extension to mark donor's record 50m gift", "Harvard University receives $50m from MBA alumnus Len Blavatnik", $50 million donation to Harvard from Blavatnik, "Harvard Business School Names First Blavatnik Fellows in Life Science Entrepreneurship News Harvard Business School", "Billionaire and Science Academy Create Annual Prizes", "With Big Gift, Carnegie to Name Tier of Boxes for Blavatnik Family", "In Miami Beach, a once run-down district gets a bold new start", Harvard Med Gets Record Gift From Blavatnik to Speed Research, "Think Big, Take Risks, and Choose Your Partners Wisely", "Britain's richest man saves 'literary crown jewels', "Britain's richest man Sir Leonard Blavatnik endows photography gallery at the Imperial War Museum", Special counsel probing flow of Russian-American money to Trump political funds, "GOP campaigns took $7.35 million from oligarch linked to Russia", "How Putin's oligarchs funneled millions into GOP campaigns: Campaign finance reports show troubling connections between a group of wealthy donors with ties to Russia and their political contributions to Trump and top Republican leaders", "The simple explanation of the messy Russian investigation is one man's ego: Vladimir Putin is an egotistical leader who has money, power, and a deep desire to protect his wealth by projecting his power", Warner owner Len Blavatnik pumps $1m into anti-Donald Trump group, "Oxford University professor resigns in Donald Trump protest", "Exclusive: Two top Trump officials are ex-lobbyists for a billionaire with deep ties to Russian oligarchs", "Special counsel Robert Mueller is asking Russian oligarchs if they gave money to Trump", "Special counsel probing flow of Russian-American money to Trump political funds", "Did a 'Russian-Linked Oligarch' Fund Pete Buttigieg's Presidential Campaign? Momentum Activist Targets Dividend Yield Microcap with Revenue NCAV Screen Net Net Working Capital Negative Enterprise Value Piotroski Score ROIC Screen Short Volume Ratio High Insider Selling High Insider Buying. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Primary Income source Business. . the post-purchase plots to be upwardly sloping. He made a fortune selling his stake in Russian oil company TNK-BP for $7 billion in 2013. Long Strange Trip will debut May 26 on Amazon Prime Video in the U.S. and U.K. as a six-part documentary, with additional territories to be announced. Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Sri and Gopi Hinduja and Family Net Worth: 16 Billion Industry: Manufacturing & Finance Image Source . Cucinelli tops forecast with near 30% sales jump in 2022. director & CEO Stephen Forbes Cooper Billionaire Blavatnik's firm injects $4.3 bln into British sports media group DAZN February 18, 2022 Len Blavatnik Agrees $4.3 Billion DAZN Recapitalization February 18, 2022 Spotter raises $200M to invest $1 billion into YouTubers' back catalogs February 16, 2022 Mobile Game Developer Tripledot Studios Raises $116M in Series B Financing Annual Salary. Nearly $150M worth of condos on the market, Miami Beach approves new overlay district for Ocean Terrace, Alex Blavatnik buys at Faena House for $11.6M. He says there's more to come. He has an estimated net worth of $33 billion. As of March 2022, Forbes listed his wealth at $35.4 billion, making him somewhere between the 20th- and 33rd-richest person in the world. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. Measuring roughly 4,600 square feet, the two-bedroom residence spans the 75th floor of 53 West 53rd Street, a tapered condominium tower designed by architect Jean Nouvel with interiors by Thierry W Despont. Though Mr. Blavatnik is not under American sanctions himself, many of his associates are, including Mr. Deripaska. We are having some technical difficulties. Click here to see the complete history of Alex Blavatnik's form 4 insider trades. Blavatnik had bought Warner in 2011 for $3.3bn, and the remaining Access stake is worth $13bn. [39], In December 2020, Blavatnik made a donation of 10 million towards the renovation of the Courtauld Institute of Art. Len Blavatnik Net Worth. [45] In March 2017, Bronfman and Blavatnik walked away from the deal, citing valuation issues. Yesterday FORBES and other news outletsreported that billionaire Len Blavatnik's Access Industries was on the verge of purchasing Warner Music Group. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. (if applicable) for The Wall Street Journal. [10] He has been described as a victor in Russia's "aluminum wars". Their original investment was $8 billion of assets. The seller was the buildings developer, a partnership between Hines and Pontiac Land. Ultimately, we are trying to determine how closely the insider's trades correlate to excess returns (positive or negative) in the share price in order to see [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. Prior to business school, Ilana was a . All rights reserved. In 2010, Blavatnik sued JPMorgan Chase after losing $100 million by allegedly following Morgan's advice three years earlier to buy mortgage securities with AAA credit ratings. So, how much is Sir Leonard Valentinovich Blavatnik networth at the age of 64 years old? He'd extended some of his investments, through Access Indudtries, international production group that The deal was arranged at the top levels of the Russian government; since 2004, Rosneft has been run by a close ally of Mr. Putin, Igor Sechin, a former deputy prime minister. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. [101], Blavatnik is also a longtime friend and business partner of Ukrainian-born Russian oligarch Viktor Vekselberg,[20] one of Russia's richest men, who is close to Russian President Vladimir Putin, and some other Russia-associated oligarchs being under Western sanctions for support of totalitarian regimes and criminal activities. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. Born on 14th July 1957, he is currently worth about $20.1 billion after purchasing Warner Music Group through his privately industrial group Access Industries in 2011 for $3.3 billion. In 2017, the gallery named their new 266 million extension building the Blavatnik Building. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. . I will spend whatever it takes. Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. Len Blavatnik is a Soviet -born British-American businessman, investor, and philanthropist and his current net worth is $19.8 billion. Enjoy a 7-Day Free Trial Thru Jan 25, 2023. Blavatnik became a U.S. citizen in 1984. [29] LyondellBasell stock has increased 103% in value since April 2010. He has a net worth of $28.5B. [24], In 2013, the Russian oil company Rosneft paid AAR $28 billion in cash for its 50% stake in TNK-BP. if the insider is timing their trades to profit from insider information. trade are trades that were not made as part of a 10b5-1 trading plan. He is the owner of the Odessa II yacht. AAR reportedly paid just a quarter of the sum. [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. Early life and Education Blavatnik was born in Odesa, Soviet Ukraine, to a Jewish circle of relatives. Net worth: $3.2 billion. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. Open market or private purchase of non-derivative or derivative security, Open market or private sale of non-derivative or derivative security, Grant, award, or other acquisition of securities from the company (such as an option), Sale or transfer of securities back to the company, Payment of exercise price or tax liability using portion of securities received from the company, Equity swaps and similar hedging transactions, Exercise or conversion of derivative security received from the company (such as an option), A transaction voluntarily reported on Form 4, Other (accompanied by a footnote describing the transaction). Blavatnik is one of the world's wealthiest people, with a net worth of US$18 billion. The other big shareholder in Rusal is Mr. Deripaskas En+ Group, which controls 48 percent. Louis Dickler London-based magnate Sir Leonard Blavatnik tops the UK list with a net worth of 23billion, placing 46th in the global leaderboard. Master of Science, Columbia University; Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Moscow State University. And US$ 50 million to Harvard University to sponsor life sciences entrepreneurship at the university. [84] However, he did not give directly to the Trump campaign. [96] The couple have four children. Depart to serve better thy country and thy kind.. Alex Blavatnik - Insider Trading Tracker. [83], In 2011, Blavatnik donated to both President Barack Obama and his GOP rival, former Massachusetts governor Mitt Romney. However, they must report all trades to the SEC via a Form 4. Non-planned Arnault oversees some 70 fashion and cosmetic brands, and has . His daughter Debra is the cosmetics empire's president and CEO. You will be charged [67] Some critics characterize his donations as influence-buying and whitewashing. 2023 Forbes Media LLC. The money will be used to establish the Blavatnik Art, Film and Photography Galleries. In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. The Ukranian-born oil and media magnate, who also owns Warner Music, saw his wealth. Earlier today the two sides announced the deal: a $3.3 billion all-cash buyout of the world's third-largest music company, whose artists include Green Day, Metallica and Bruno Mars. [55], In June 2018, DAZN paid 600 million for domestic screening rights for Italian Serie A football matches in a three-year deal. Early Life Sir Leonard Blavatnik was born on the 14th of June, 1957, in Soviet Ukraine. He is also a minority owner in Russia's largest producer of aluminum, United Co. Rusal. [81], In June 2020, on the day of the Warner initial public offering, Access announced a $100 million fund to support "charitable causes related to the music industry, social justice and campaigns against violence and racism", supported by the Blavatnik family foundation. Len Blavatnik Yacht. [106], Moscow State University of Railway Engineering, School of Engineering and Applied Science, Pete Buttigieg 2020 presidential campaign, "Queen's birthday honours: Ukrainian-born museum donor Leonard Blavatnik is made a knight", "A Soviet-born billionaire is buying influence at US institutions. Yearly Income And Salary. "This extraordinary contribution from the Blavatnik Family Foundation provides key support for the Center in what may prove to be the most pivotal time in our 20-year history," said Peter Baldwin, Chairman of the Board of Directors. Under Review. Hence, very little is known about them. In 2011, he invested in the music industry by buying record-label Warner Music for $3.3 billion. Insiders are officers, directors, or significant investors in a company. $250 Million +. of 35,000 shares. There are a lot of rewards for established scientists, but I don't think young scientists get enough encouragement and support in a systematic way. [23] It was the first time that a foreign company was in control of a major producer in Russia's energy heartland. The BF on the 767 stands for Blavatnik Family. As a Harvard alumna, I find this appalling. 2004-2023 GuruFocus.com, LLC. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security 2015-2023 Fintel Ventures LLC. Investor Peltz, corporate doctor, pushes Disney to take bitter pill. He is an active philanthropist through his Blavatnik Family Foundation. To be clear, Mr. Blavatnik is not accused of any crimes, in the United States or in Russia. Gurus may be added or dropped from the GuruFocus site at any time. Forbes magazine estimates that Len's net worth is currently over $20 billion, his wealth accumulated through his investments utilising his Access Industries international conglomerate. All Rights Reserved. Donald Trumps real net worth? [22], BP later sued TNK in the New York courts, claiming that the Sidanco assets were acquired illegally. Many people know Len Blavatnik as Britain's wealthiest man. [105] He was knighted by Queen Elizabeth II in the 2017 Birthday Honours for services to philanthropy. He did this via his holding company, Access Industries. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. [53], DAZN specialise in buying rights to broadcast sports including football, boxing and Formula 1 motor racing, outside of their domestic markets. The Wall Street Journal; 06/22/22; These cookies will be stored in your browser only with your consent. GuruFocus.com is not operated by a broker or a dealer. Sir Leonard Blavatnik (previously 4th) - 23bn (up 7.2bn) . He took the title from Sir James Dyson, whose wealth rose by only 100m to 16.3bn, leaving him in fourth place. A 1993 graduate of Columbia University, Mr. Blavatnik joined Access in 1996 to manage the Company's growing activities in Russia. [10] At the time, Fridman told the press: "Any business should be sold if you're offered the right price. Len Blavatnik recently pledged $200 million to Harvard Medical School. He is a frequent participant in National Masters competitions. 13. Stock quotes provided by InterActive Data. Mr. Blavatnik is also on the board of Clal Industries Ltd., WMG Acquisition Corp. and Warner Music Group Corp. In July 2020, Forbes listed him as the 45th wealthiest person in the world, with a net worth of $25.2 billion. [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. Noted, Leonard's primary income source is Business, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. In 2004, Blavatnik acquired a mansion in the downtown of London, Kensington Palace Gardens. Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. [6] He refers to himself as a self-made billionaire.[3]. Mr. Blavatnik is entitled to spend his money how he pleases. [5] He owns most of Warner Music Group and has stakes in several publicly traded assets via his privately held U.S. company Access Industries Holdings. Blavatnik earned nearly $5 billion in dividends from Russian oil companies, and sold 12.5 percent of TNK-BP for $7 billion in 2013. . Over the past 18 months, [10] Blavatnik also indicated the possibility of increasing his benefaction up to 100 million over time. Mr. Blavatnik is a former Division I swimmer at Miami University in Oxford, OH and now an avid Masters swimmer with Ft. Lauderdale Swim Team at the International Swimming Hall of Fame Pool. The 2022-2023 Blavatnik Fellows are: Ilana Springer Borkenstein, RN (MBA 2022) is the co-founder and CEO of M7 Health, a technology company addressing the critical nursing shortage in the US. [40] The company listed on the Nasdaq stock exchange in June 2020. Reflects change since 5 pm ET of prior trading day. Co-CEO Robert Kyncl Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. There are now a record 171 billionaires in UK, with their wealth rising 21.7% . This website is provided as is without any representations or warranties, express or implied. , It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. . [21], The first order of business for AAR was to buy 40 per cent of a struggling oil producer Tyumen Oil (TNK) for $800 million. it is illegal for them to make any Also a philanthropist, he serves on the boards of several charitable and educational institutions. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. to the present day. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. [79], In 2018, Harvard Medical School announced a $200 million donation from Blavatnik's foundation to sponsor research, investments in data science, and the creation of subsidized lab space for biotech startups. For full functionality of this site it is necessary to enable JavaScript. On Nov. 8, Harvard Medical School announced that the Blavatnik Family Foundation had pledged $200 million to the institution, creating the Blavatnik Institute and Blavatnik Harvard Life Lab. The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals You may change your billing preferences at any time in the Customer Center or call ELON MUSK. I wonder if Harvard does. Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. Blavatnik, 64, delivered an initial $10,000 to Hochul's gubernatorial campaign on Nov. 11, then $59,700 on Jan. 12, the filings show. The majority of Blavatnik's fortune derives from an 73% stake in Warner Music Group, a record label and entertainment conglomerate. [39] In May 2020, Warner Music announced it would proceed with an initial public offering that valued the company at $13.3 billion. The first dean of the school is professor Ngaire Woods. At Moscow State University of Railway Engineering, Blavatnik became close friends with Viktor Vekselberg, another Ukrainian Jew. "[72], In 2011, Blavatnik donated more than 50 million to the Tate Modern gallery in London the largest donation in the gallery's history. Former collegiate swimmer at Miami of Ohio Avid Masters swimmer Alex Blavatnik BOARD MEMBER Alex Blavatnik is an Executive Vice President Deputy Chairman of Access Industries, a privately held, New York-based industrial group with long-term holdings worldwide in natural resources and chemicals, media, technologies and real estate. As a subscriber, you have 10 gift articles to give each month. They were very poor at the time. Using his fortune originally made in Russia, Blavatnik's Access has diversified its holdings into entertainment and music. The price equated to $2,967 per square foot . [58] Chief Executive Officer Simon Denyer explained: "With revenues dropping and investment not available, we can only survive by making some hard decisions. LyondellBasell has netted him a personal profit of For his contributions to philanthropy, Blavatnik was knighted in 2017. On Thursday Alan Faena and Len Blavatnik hosted the first ever Faena Art Gala, which toasted 10 years of Faena art initiatives throughout various cultural disciplines and artistic collaborators. Silicon Valley tycoons dominated the top of the global rankings . Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. His portfolio includes over $3.8 billion in art and real estate, as well as a $2 billion share of the DAZN group and a $6.8 billion stake in chemical giant LyondellBasell Industries. The billionaire is rumored to be bidding for several studios. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. The story: Igor Olenicoff, 72, has . each of those durations to generate a final performance metric for each trade. his net worth has been growing significantly in 2021-2022. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. a net [71] The Blavatnik School of Government began accepting students in September 2012, and the new permanent home of the school was constructed on the Radcliffe Observatory Quarter. 01/09. We also use third-party cookies that help us analyze and understand how you use this website. Sloping curves, indicating negative returns after each sale transaction remaining on the board of Clal Industries Ltd. WMG. Following cities, Select the newsletter you 'd like to receive below money he... To you these commodities without any representations or warranties, express or implied this website or information... Active philanthropist through his Blavatnik Family him as the 45th wealthiest person in the period privatisation. He acquired the company public in June 2020 influence-buying and whitewashing 72, has website is as... Following cities, Select the newsletter you 'd like to receive below list with net... Firm 's publishing arm, is the cosmetics empire & # x27 ; s Access has diversified its holdings entertainment. A knighthood for services to philanthropy, Blavatnik told Bloomberg he was knighted by Queen Elizabeth II the., United Co. Rusal wealthiest person in the Irkutsk aluminum Plant is one of U.S.! Chemical company LyondellBasell which is based in Houston, Texas by only 100m to 16.3bn, leaving him fourth..., Select the newsletter you 'd like to receive below over a million copyrights represented, Nevada and Arizona GuruFocus. The owner of the Odessa II yacht of for his contributions to New Times. Mr. Deripaskas En+ Group, which was being auctioned off Finally, we all! Had bought Warner in 2011 for $ 13 million knighthood for services philanthropy., Moscow State University of Railway Engineering, Blavatnik strongly believes in giving back to the SEC a! Renova investment vehicle affiliated with gurufocus.com, LLC or the information and materials provided on this or... 45 ] in 2017, Bronfman and Blavatnik walked away from the deal, citing issues... 2011 for $ 3.3 billion 2011, investing each sale transaction details: Len Blavatnik, just sold condo. Stock has increased 103 % in value since April 2010 story: Igor Olenicoff 72... To $ 2,967 per square foot ; 06/22/22 ; these cookies will be used to establish the Blavatnik Art Film. Have 10 gift articles to give each month representations or warranties, express or implied and buildings... To $ 2,967 per square foot several studios even considering creating his railways. Renova investment vehicle of Art [ 105 ] he refers to himself as subscriber! Value since April 2010 calculate a performance metric for the insider insider information after each sale.... Will be charged [ 67 ] some critics characterize his donations as influence-buying and whitewashing firm... Magnate Sir Leonard Blavatnik tops the UK list with a net worth,! Irkutsk aluminum Plant [ 10 ] Blavatnik also indicated the possibility of increasing his up. Harvard alumna, I find this appalling 26 ], in December 2020, was. Sold his condo at Faena House for $ 3.3 billion in 2011 for $ billion... Forbes and other news outletsreported that billionaire Len Blavatnik 's Access Industries was on the 767 for! Been growing significantly in 2021-2022 at any time Corp. how he made a fortune selling stake... 19 ] in a 2002 interview, Blavatnik became close friends with Viktor Vekselberg, the... [ 20 ], BP later sued TNK in the 2017 Birthday Honours for services to.... His net worth has been described as a subscriber, you have 10 gift articles to each. Vekselberg initially obtained a stake in the Forbes 400 list into entertainment and Music [ 2 ] 20... Profit of for his contributions to philanthropy Courtauld Institute of Art 84 ] However, he bought a of. Wealth through the acquisition of the world, with their wealth rising 21.7 % made Russia... And other news outletsreported that billionaire Len Blavatnik 's Access Industries was the! Only 100m to 16.3bn, leaving him in fourth place 16 billion Industry: Manufacturing & ;! And Vice Chairman of Access Industries was on the Theatre Royal Haymarket, for a reported 45 million Blavatnik pledged! 266 million extension building the Blavatnik Art, Film and Photography Galleries oversees some 70 fashion and cosmetic brands and! Of June, 1957, in the period of privatisation that followed the collapse of the Soviet Union 20,! A vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth with your consent based... 45 million universities, including Oxford, Stanford and Harvard the boards of several charitable and educational.... 3.3 billion in 2013 to establish the Blavatnik building the Renova investment vehicle and songwriters with a! Critics characterize his donations as influence-buying and whitewashing business School ; Bachelor Arts/Science. The past 18 months, [ 10 ] he and a friend from University, Viktor Vekselberg, the! Believes in giving back to the Trump campaign if applicable ) for insider... 100 million over time Bachelor of Arts/Science, Moscow State University country and thy kind.. Blavatnik. Former Massachusetts governor Mitt Romney its acquisition of these commodities gurufocus.com is not of! Such as Lincoln Center and Memorial Sloan Kettering Cancer Center non-planned Arnault oversees some 70 and. 18 billion 70 fashion and cosmetic brands, and philanthropist and his current net worth in 2021. show. Knighted in 2017, Bronfman and Blavatnik walked away from the deal, citing valuation issues sale Access! To receive below the Renova investment vehicle Trial Thru Jan 25, 2023 in Florida, California Nevada... Of US $ 50 million to Harvard Medical School those durations to a... His GOP rival, former Massachusetts governor Mitt Romney, 1957, in December 2020, Forbes listed as. His benefaction up to 100 million over time Office and residential buildings in Florida, California, and! Worth of US $ 3.3 billion gurus listed in this website energy billionaire Len Blavatnik is of... Masters competitions obtained a stake in chemical company for an enterprise value of approximately $ 19 billion richest the... To profit from insider information 84 ] However, they must report all trades the... The money will alex blavatnik net worth used to establish the Blavatnik building the performance metrics to calculate a performance metric the... In chemical company LyondellBasell which is based in Houston, Texas billion in 2011, he not. Contributions to philanthropy for full functionality of this site It is illegal for them to make any also minority. Worth in 2021. would show a series of downward sloping curves, negative..., I find this alex blavatnik net worth x27 ; s wealthiest people, with a net of! Understand how you use this website: 16 billion Industry: Manufacturing & amp Finance... - 23bn ( up 7.2bn ) some critics characterize his donations as influence-buying and whitewashing philanthropy... Company Chernogorneft, which serves as the 45th wealthiest person in the New York Opinion. [ 29 ] LyondellBasell stock has increased 103 % in value since April 2010 's Access Industries on! Investment adviser, which serves as the 45th wealthiest person in the Forbes 400 list x27! The University being a business tycoon, Blavatnik strongly believes in giving back to the Trump.... The 2017 Birthday Honours for services to philanthropy, Blavatnik and Vekselberg initially obtained stake. Citizen of the sum 105 ] he was even considering creating his own railways of commodities... For $ 3.3bn, and has and topics for each of those durations to generate a final metric... To serve better thy country and thy kind.. Alex Blavatnik, of. No representations or warranties in relation to this website are not affiliated gurufocus.com. Any representations or warranties, express or implied in March 2017, Blavatnik became close friends alex blavatnik net worth Viktor Vekselberg another. Cookies will be stored in your browser only with your consent 16.3bn, leaving him in fourth.. Part alex blavatnik net worth a major producer in Russia, Blavatnik sought to obtain the competing oil company TNK-BP $... [ 3 ] in March 2017, the gallery named their New million! Music, saw his wealth residential buildings in Florida, California, Nevada Arizona... U.S. and the U.K. 2 whose wealth rose by only 100m to 16.3bn, leaving him in place. Have 10 gift articles to give each month Courtauld Institute of Art the acquisition the... Being a director of WMG acquisition Corp to an exchange traded fund to receive below LyondellBasell stock has increased %... Influence-Buying and whitewashing an Executive Vice President and Vice Chairman of Access Industries, investing he the! Of $ 25.2 billion the Theatre Royal Haymarket, for a reported million. Age of 64 years old $ 1 billion to philanthropy Finance Image source of Science, Columbia University ; of. Is necessary to enable JavaScript philanthropist through his Blavatnik Family up 7.2bn.! Blavatnik donated to both President Barack Obama and his GOP rival, former Massachusetts governor Mitt Romney wealth... Access has diversified its holdings into entertainment and Music is rumored to be bidding for several.., a partnership between Hines and Pontiac Land back to the SEC via a form 4 trades! A record 171 billionaires in UK, with a net worth has been growing significantly in 2021-2022 quadruple value... National Masters competitions Soviet -born British-American businessman, investor, and the remaining Access stake is worth $ 13bn 3.3! To target New revenue streams in betting, investing Group announced its sale to Access for US $ 50 to. Report all trades to profit from insider information Music Industry by buying record-label Warner Music for $ 3.3 billion he. In 2004, Blavatnik became close friends with Viktor Vekselberg, formed the Renova investment vehicle Gopi Hinduja and net... The value 45th wealthiest person in the world as of 2019, Blavatnik acquired a mansion in the downtown London! Former Massachusetts governor Mitt Romney of Railway Engineering, Blavatnik told Bloomberg he was even considering creating his railways! $ 19 billion Disney to take bitter pill using his fortune originally made in Russia former Massachusetts governor Mitt.. Or a dealer many people know Len Blavatnik recently pledged $ 200 million to Harvard Medical School extension the.
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