Becoming #44 Billionaires globally and #20 billionaires in USA, he's Len Blavatnik or generally acknowledged as Leonid Valentinovich Blavatnik that was born on June 14, 1957. The familys efforts into philanthropy are very recognized all over America. Louis Dickler Today, Blavatnik is known in the West for posing with celebrities in his capacity as head of Warner Music Group, and for his profuse philanthropy. Warner Music Group Corp (WMG) . At the time of the donation, Lord Patten, Chancellor of the University of Oxford, described it as "a once-in-a-century opportunity for Oxford. Investor Peltz, corporate doctor, pushes Disney to take bitter pill. Russian kleptocracy has entered the donor pool of Hudson Institute, he told The New York Post. and Now hes writing huge checks to the university. Billionaire Len Blavatnik, who initially made his massive fortune on Russian energy and aluminum deals, got out of his big oil holding last year when Rosneft bought TNK-BP for $55 billion. [10] At the time, Fridman told the press: "Any business should be sold if you're offered the right price. [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. Blavatnik is worth $20.1 billion, rising to prominence after his privately held industrial group, Access Industries, purchased Warner Music Group for $3.3 billion in 2011. Len Blavatnik's net worth is valued at $37 billion After the collapse of the Soviet Union, Blavatnik bought up former state assets in Russia that were privatized by the government. 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. Billionaire Len Blavatnik Pledges $30M To Fund Young Scientists And Keep Innovation In The U.S. Len Blavatnik's LyondellBasell Trade Is Becoming Legendary, Billionaire Len Blavatnik Buys Warner Music Group For $3.3 Billion, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. For full functionality of this site it is necessary to enable JavaScript. Mr. Blavatnik is also active in Maccabi sports and has competed at several international Maccabi events, including two World Maccabiahs in Israel. However, this alone is not enough to draw conclusions. He is a dual citizen of the U.S. and the U.K. [84], Blavatnik, who is closely associated with Russian oligarchs such as Viktor Vekselberg and Oleg Deripaska, is one of the largest donors to the US Republican Party, and in 20152016 donated a total of $7.35 million to six Republican political candidates, including South Carolina Senator Lindsey Graham, Florida Senator Marco Rubio and Arizona Senator John McCain. Len Blavatnik Net Worth, Biography, Wife, Age, Height, Weight, and many more details can be checked from this page.Len Blavatnik is a British-American business magnate and philanthropist of Ukrainian Jewish origin who has a net worth is around 33 billion dollars.Although many experts believe that his wealth is around thirty-five billion dollars, most newspapers believe only the figure of . Blavatnik was born in Ukraine, emigrated to the United States, and got an MBA from Harvard University before making his investments in the Soviet Union's natural resource industries. [54], In May 2018, DAZN signed an eight year, $1 billion deal with Eddie Hearn's Matchroom Boxing to stream fights on a new U.S. subscription service. over many years, then we would expect all This investment adviser does not provide advice to individual investors. [35][36] Though WMG was the World's third largest record company[37] and considered a "trophy asset", it was also laden down with debt[38] and struggling to find an answer to online music piracy. and He is very careful to protect the privacy of his family. [55], In June 2018, DAZN paid 600 million for domestic screening rights for Italian Serie A football matches in a three-year deal. to their financial advantage. the post-purchase plots to be upwardly sloping. To be clear, Mr. Blavatnik is not accused of any crimes, in the United States or in Russia. Fridman, who was highly politically connected, had been a member of Boris Yeltsins inner circle in the mid 1990s. In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. Monthly Income And Salary. Accepting gifts especially naming gifts from people with dubious sources of funds or close ties to despotic regimes encourages the view that dirty money can be cleansed by charity. Finally, we average all of the performance metrics to calculate a performance metric for the insider. Acting CFO & Corp. Contr. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. Access currently owns approximately 21% of LyondellBasell. , Anti-corruption activists are worried", "Russian-born U.S. billionaire offers to buy Ma'ariv", "The world's 50 Richest Jews: 11-20: Len Blavatnik", "Secret Staircases and Gold Everything: A Tour of Russian-Billionaire New York", "From Russian oil to rock'n'roll: the rise of Len Blavatnik", "Len Blavatnik visits Medical School, discusses philanthropy, science", "The Blavatnik Fund for Engineering Innovations in Health", "Warner Music Suitor's Record of Deal-Making", "Warner Music lands $1.9bn share sale for owner Len Blavatnik", "World's Newest Music Mogul: Who is Len Blavatnik? His family name adorns institutions in the U.S . But opting out of some of these cookies may have an effect on your browsing experience. The collection, originally created by Lancashire Industrialists William and Alfred Law, includes Bront family manuscripts, Jane Austen letters, handwritten poems by Robert Burns. [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. Check Background Get Contact Info This Is Me - Edit Reputation & Background View All Public Private Court, Arrest, Lawsuits, Bankruptcy Records & Sex Offender Status Check all background information that MyLife has gathered. [10] The deal, labelled in the press as "Russia's deal of the decade" gave BP unprecedented access to vital Russian oil and gas. He is the owner of the Odessa II yacht. Annual Salary. All Rights Reserved. See the list of most profitable insider traders. He says there's more to come. [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. He made a fortune selling his stake in Russian oil company TNK-BP for $7 billion in 2013. Mr. Blavatnik is also on the board of Clal Industries Ltd., WMG Acquisition Corp. and Warner Music Group Corp. [104], In 2013, Blavatnik was made chevalier of the French Legion d'Honneur. of 18,213,517 shares made by Ai Entertainment Holdings Llc , We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. [46], In April 2018, it was reported that Blavatnik was a front runner in the bidding to purchase Britain's third oldest theatre, the Theatre Royal Haymarket. 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. Two years ago the billionaire put up $1.8 billion in a second big chemicals bet. This follows on a $50 million gift by the foundation to the university in 2013. [61], Blavatnik is a member of the Global Advisory Board of the Centre for International Business and Management at Cambridge University, a member of the board of Dean's Advisors at the Harvard Business School, a member of the Harvard Medical School Board of Fellows,[62] and a member of the academic board at Tel Aviv University. [92] Since April 2016, Blavatnik contributed $383,000 to the Republican National Committee and $1 million to Trump's inauguration fund; he also made a donation to Trump's legal fund. On the Ground, Its More Complicated. Profession. As a Blavatnik Fellow, Ilana will be focusing on M7 Health's product development and go-to-market strategy. 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. [33], On May 6, 2011, Warner Music Group announced its sale to Access for US$3.3 billion. [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. Leonard Blavatnik has two daughters and two sons. [76] At the same time, Blavatnik also announced three $250,000 national prizes, in conjunction with the New York Academy of Sciences, for young scientists restricted to scientists under the age of 42. The money will be used to establish the Blavatnik Art, Film and Photography Galleries. Already a member? $2.5 billion, according to our most recent tally. (if applicable) for The Wall Street Journal. Mr. Blavatniks biggest deal involved selling his stake in the Russian oil company TNK-BP to Rosneft in March 2013; he and his partners, including Mr. Vekselberg, together made $27.7 billion. Mr. Blavatnik who, with a net worth of over $20 billion, is the richest man in Britain and the 29th-richest in America cut his teeth in the brutal aluminum wars in 1990s Russia alongside Oleg Deripaska and Roman Abramovich, who has estimated that every three days someone in the business was murdered. The Blavatnik Family Foundation actively funds and supports young scientists of America, recognizing their efforts in the field of scientific research in physical, life sciences and engineering. The price equated to $2,967 per square foot . 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. He joined Access Industries in 1996 in order to handle the organizations activities in Russia. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. Mr. Blavatniks glory at Hudson largely lasted just one night. [69], In 2010, it was announced that Blavatnik and the Blavatnik Family Foundation would donate 75 million to the University of Oxford to establish a new school of government. Blavatnik's TNK company obtained Chernogorneft at $180 million, even though the company had produced $1.2 billion worth of oil the year before. Their original investment was $8 billion of assets. Hence, very little is known about them. Alex Blavatnik Age : 57 Public asset : 19,981,500 USD Linked companies : Warner Music Group Corp. Summary Presently, Alex Blavatnik is Vice Chairman & Executive Vice President at Access Industries LLC. "[77], In 2014, Blavatnik became a trustee of Carnegie Hall in New York City. [78], In 2016, Blavatnik funded a new hall at the Victoria and Albert Museum redevelopment. The 1999 lawsuit was resolved in 2003 when British Petroleum acquired TNK, for $8 billion, forming TNK-BP, one of the largest oil companies in Russia. It is mandatory to procure user consent prior to running these cookies on your website. 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. Previous Year's Net Worth (2020) $30-38 Billion. Estimated Net Worth in 2021. The Financial Times reported that this would enable the company to target new revenue streams in betting. Yet a surprising number of respected American institutions dont seem to get it, including two that I am connected with: the Hudson Institute and Harvard. 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. Len Blavatnik's tertiary education in Moscow was cut short by emigrating to the USA with his family in 1978. Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. 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. You will be charged Born in Ukraine, raised in Moscow, Blavatnik emigrated to the U.S. in 1978 for school. Israel's Ha'aretz newspaper calls him "one of the biggest oligarchs to have emerged from the former Soviet Union." [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. Income Source. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. [63], Blavatnik, the Blavatnik Family Foundation and Access companies have supported many cultural and philanthropic institutions over the past 15 years, including serving as the primary benefactors for numerous major art and cultural exhibitions, including the British Museum, Tate Modern (which named a new wing the "Blavatnik Building" in 2017[64]), Royal Opera House, National Portrait Gallery, the Courtauld, and Museum of Modern Art. Blavatnik's ABF6A LLC sold unit 6A at the 18-story luxury condo building at. Silicon Valley tycoons dominated the top of the global rankings . Is Harvard Whitewashing a Russian Oligarchs Fortune? A change in price from $10 to $20 would would be 100%, and a change in price of $10 to $5 would be -50%. Blavatnik was born in 1957 in Odessa, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. Noted, Leonard's primary income source is Business, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. Arnault oversees some 70 fashion and cosmetic brands, and has . Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. We also use third-party cookies that help us analyze and understand how you use this website. Through the Blavatnik Award for Young Scientists, billionaire Len Blavatnik is looking to inject crucial capital to support younger scientists take innovative approaches to solve pressing problems, spur innovation, and inspire younger generations. 2. [54] The company, which is dependent on subscriptions, saw revenue take a hit when the COVID-19 pandemic brought an abrupt halt to live sports. Len Blavatnik Net Worth. [57], In February 2022, Blavatnik agreed a $4.3 billion recapitalisation of DAZN. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. His investment firm Access Industries holds stakes in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor. 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. In summary, during the past 3 months, insiders sold 35,000 shares of Warner Music Group Corp (WMG) in total and bought 0 shares, with a net Also a philanthropist, he serves on the boards of several charitable and educational institutions. An investor, businessman, and philanthropist, Leonard Valentinovich Blavatnik has gained his wealth through investments in different companies via his conglomerate company called Access Industries. [45] In March 2017, Bronfman and Blavatnik walked away from the deal, citing valuation issues. It is illegal for insiders to make trades in their companies based on specific, non-public information. The seller was the buildings developer, a partnership between Hines and Pontiac Land. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. The Disney Executive Who Made $119,505 a Day, Surveillance Program on Money Transfers Raises Privacy Concerns, Greta Thunberg Released After German Police Detained Her at Coal Mine Protest, Opinion: Water Is a Terrible Thing for California to Waste, Opinion: Biden Gives a Boost to Schoolyard Bullies, Opinion: Big News About a Smaller Chinese Population, Opinion: The Government Debt Threat Keeps Mounting. After getting British citizenship, Blavatnik was knighted by Queen Elizabeth II for his . Blavatnik loaned the project an artwork by Damien Hirst titled "Gone But Not Forgotten". 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. NELSON PELTZ. 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. He graduated from Columbia Business School in 1993. [67], In December 2021, Blavatnik donated half of the 15 million required to prevent the sale and dispersal of the Honresfield Library on the open market. Climate Activist Greta Thunberg Detained in Germany During Coal Mine Protest, Best and Worst Airlines of 2022: The Effect of the Southwest Mess, Fed Talks: A Conversation With St. Louis Fed President James Bullard, Watch: California Floods Leave Behind Washed Away Houses, Submerged Cars. expect either (a) positive returns after purchases, or (b) negative returns after sales. Enjoy a 7-Day Free Trial Thru Jan 25, 2023. We are having some technical difficulties. After purchasing Warner Music in 2011 for $3.3 billion, he took the company public in June 2020 at quadruple the value. $250 Million +. He has an estimated net worth of $33 billion. . Neither of these charts would suggest insider trading activity. This website is provided as is without any representations or warranties, express or implied. Meanwhile, London-based Dazn aims . of 115,000 shares made by Lincoln E Benet [15] Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. [48][49], Blavatnik also owns AI Film, the independent film and production company that backed Lee Daniels film The Butler and the summer 2015 release Mr. [25] The sale represented the liquidation of the majority of Blavatnik's Russian assets. . Born in Odessa he went to Moscow State University of Railway Engineering, but didn't finish his coursework because of the family's request for emigration visas. He's given hundreds of millions to universities mostly in America and England. [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. That investment is currently worth $5.24 billion in mostly unrealized gains. Blavatnik was born in Ukraine, emigrated to the . [57], In October 2018, DAZN signed the largest commercial deal in history with a single athlete when they paid Mexican boxer Saul "Canelo" Alvarez $365 million for the rights to screen 11 fights. Alex Blavatnik, brother of billionaire Len Blavatnik, has purchased a penthouse adjacent to New York Citys Museum of Modern Art for nearly $25 million, records show. ABF6A LLC, managed by Alex Blavatnik, sold the 4,381-square-foot Unit 6-A, with four bedrooms and 6.5 bathrooms, to Judith Licht and Leonard Licht. Investing in the tech giants Beats and Spotify propelled him to the number one spot. The Ukranian-born oil and media magnate, who also owns Warner Music, saw his wealth. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. All Rights Reserved. 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. He eventually got into the steel business and he became one of the richest engineers in the world with a net worth of $25.7 billion. Seats: 23Value: US$ 90 million. WSJ News Exclusive Private Properties Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse The roughly 4,600-square-foot apartment at the Jean. Together, they acquired an empire of recently privatized metals and energy companies, often for outrageously low prices. In 2004 the pair had to give up ownership of United Trading after the Russian government charged it with anti-competitive actions; they sold their shares to three other Kremlin-linked investors, Dmitri Pyatkin, Aleksandr Fraiman and Igor Annensky. His wealth is estimated at $20 billion (2019). In addition, he has interests in Tory Burchs fashion house. Cucinelli tops forecast with near 30% sales jump in 2022. UPDATED, May 22, 11:20 p.m.: As part of their plan to build a $220 million mixed-use project along Ocean Miami Beach developer Silvia Coltrane is proposing changes to her North Beach hotel project, including adding condos to the Sandor Scher is looking to bring the magic back to North Beach. In this situation, we would Alex Wong // Getty Images #39. Its Not Just Inflation: Avian Flu Will Pump Up Prices Of Thanksgiving Turkeys, Tripledot Simplifies Game Development: No Characters, No Quests, Nothing More Complicated Than Wordle, The Faena Art Gala Kicked Off The Season With Decadence, Glamour And A 250-Pound Tuna, Here Are The Billionaires Backing Joe Bidens Presidential Campaign, As Of September 2019, A Man Of 3 Worlds: The Russian-American Billionaire Giving Millions To U.S. and U.K. In 2014, Blavatnik bought 13-room two-level apartments in Manhattan for $77.5 million. A 1993 graduate of Columbia Business School, Mr. Blavatnik joined Access in 1996 to manage the companys growing activities in Russia. The annual award recognizes the accomplishments of outstanding young scientists in the U.S., the U.K., and Israel in the areas of life sciences, physical sciences and engineering and provides all finalists with a significant cash prize. Lots of rich people made lots more money. [69], In the Sunday Times Rich List 2015, Blavatnik was listed as the UK's richest person,[102] with a fortune of 16.9 billion. 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. I am a wealthy man. 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 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 part of its exit financing, LyondellBasell raised $3.25 billion of first priority debt as well as $2.8 billion through the rights offering jointly underwritten by Access Industries, Apollo Management, and Ares Management. Ann Marlowe is a writer and consultant who specializes in investigating corruption. Dmitry Yakubovskiy 's net worth is estimated at SFR 600 million or US$ 750 . BRUNELLO CUCINELLI. This table shows the complete list of insider trades made by Alex Blavatnik as disclosed to the Securities Exchange Commission (SEC). [84] However, he did not give directly to the Trump campaign. He also boasts dual citizenship with the US and UK . (Disclosure: I am a visiting fellow at Hudson, but it is an honorary position, and I have neither received money from the institute nor performed work for it.). Len Blavatnik, 64, says he has no They were both academics and the family immigrated from Ukraine to the United States in 1978. The self-made billionaire's wealth has ballooned in recent years thanks to his privately held . The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals The aluminum giant Rusal, where he is a major shareholder, is facing direct sanctions due to go into effect soon; Rosneft, an energy company owned by the Russian government where he also made millions, expects the ax to fall shortly. If you require advice in relation to any financial matter you should consult an appropriate professional. [16][5], Blavatnik sponsors a Colel Chabad 20,000-square-foot (1,900m2) food bank and warehouse in Kiryat Malakhi, Israel, which sends monthly food shipments to 5,000 poor families in 25 Israeli cities, and before Jewish holidays to 30,000 families in 73 Israeli cities, towns and villages. AAR reportedly paid just a quarter of the sum. [68], Blavatnik is also a financial supporter of Yale University, where he funded the Blavatnik Fund for Innovation at Yale, which supports early-stage biotechnology companies, as well as the Blavatnik Fellowship. Blavatnik had bought Warner in 2011 for $3.3bn, and the remaining Access stake is worth $13bn. Sir Leonard Blavatnik (previously 4th) - 23bn (up 7.2bn) . As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. Blavatnik who, with a net worth of over $20 billion, is the richest man in Britain and the 29th-richest in America cut his teeth in the brutal aluminum wars in 1990s Russia alongside Oleg. [56] The deal was believed to involve 2.5 billion euros ($3 billion) of payments over its three-season lifespan The SEC filings indicate Alex Blavatnik has reported holdings or trades in the following companies: The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Alex Blavatnik. his net worth has been growing significantly in 2021-2022. This website uses cookies to improve your experience while you navigate through the website. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. [17] Tyumen Oil was auctioned off with criteria that exactly matched AAR. [52], DAZN (pronounced "da zone") has been described as the "Netflix of sports". [55], DAZN's last set of published results, for the year to 2019, showed a loss of more than $1.3 billion for continuing and discontinued operations. a series of upwardly sloping curves, indicating positive returns after each purchase transaction. [29] LyondellBasell stock has increased 103% in value since April 2010. , However, they must report all trades to the SEC via a Form 4. Len's income mostly comes from and basic source is being a successful French -born British businessman, investor, and philanthropist. Vekselberg would later go on to found Renova Group[10], His family emigrated from the Soviet Union to the United States of America in 1978, and he received a master's degree in computer science from Columbia University's School of Engineering and Applied Science in 1981[11] and an MBA from Harvard Business School in 1989. [70] The gift is one of the largest philanthropic gifts in the university's 900-year history. He's among those American business magnates who've $17, 8 Billion as his net worth these days. Alex Blavatnik is known for Long Strange Trip (2017), Between Me and My Mind (2019) and Ballet Now (2018). [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. Blavatnik also indicated the possibility of increasing his benefaction up to 100 million over time. Add or change photo on IMDbPro Add to list Awards 1 nomination Known for Long Strange Trip 8.2 Producer 2017 Between Me and My Mind 7.6 Producer 2019 Ballet Now 7.3 Producer 2018 For the Love of Spock 7.6 Producer 2016 Credits Edit Producer6 Alex Wong // Getty Images . All rights reserved. Yearly Income And Salary. Donald Trumps real net worth? Please Allow Javascript and reload this page. Feedback for the Mock Behavior Analysis Exam is provided by content area, not by question. 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. [83], In 2011, Blavatnik donated to both President Barack Obama and his GOP rival, former Massachusetts governor Mitt Romney. 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. Blavatnik is one of the world's wealthiest people, with a net worth of US$18 billion. Momentum Activist Targets Dividend Yield Microcap with Revenue NCAV Screen Net Net Working Capital Negative Enterprise Value Piotroski Score ROIC Screen Short Volume Ratio High Insider Selling High Insider Buying. And US$ 50 million to Harvard University to sponsor life sciences entrepreneurship at the university. Necessary cookies are absolutely essential for the website to function properly. Len Blavatnik, who made his first billions in Russia, credits much of his success to his academic parents and to his education. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. 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. [2][3] In 2017, Blavatnik received a knighthood for services to philanthropy. The other big shareholder in Rusal is Mr. Deripaskas En+ Group, which controls 48 percent. Len Blavatnik, the best (Profession) in the world, is worth $33 billion. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. Blavatnik has been a producer on several Broadway shows including "The Front Page" and "Sunset Boulevard. According to the recent analysis of 2022, we have got that the estimated net worth of Len Blavantik is about $21.8 billion. And what message does it send to citizens of countries troubled by kleptocracy and corruption? He's now one of the 20 richest Americans, with a net worth of $38.3 billion. [67] Some critics characterize his donations as influence-buying and whitewashing. This situation would be highly suggestive of an insider that was timing trades [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. Fintel is a registered trademark. You also have the option to opt-out of these cookies. On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. Len Blavatnik Yacht. The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. GuruFocus.com is not operated by a broker or a dealer. His daughter Debra is the cosmetics empire's president and CEO. Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. a net As of July 2022, the net worth of Len Blavatnik's has grown by an estimated $32 Billion. 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. This list only includes insiders that have made at least three trades in the last two years. [41], In 2014, Access acquired Perform Group for 702 million. 01/13. Len Blavatnik owns 19 percent of the Houston, Texas-based chemical company LyondellBasell. In the case of (b), the SALE chart trades in their own companies. Born in Ukraine, raised north of Moscow, Len Blavatnik immigrated to the U.S. in 1978 with his family; he studied computer science at Columbia University and received an MBA from Harvard Business School. Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. I still remember that. His net worth soared in 2020 when the company got regulatory approval to begin trials of its coronavirus vaccine. [73], In 2016, Blavatnik supported the $1.2 billion regeneration of rundown section of Miami's South Beach area into a centre for arts and culture. Businessman. He has a net worth of $28.5B. Fundamental company data provided by Morningstar, updated daily. As of 2019, Blavatnik was ranked 27th in the Forbes 400 list. ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to . Alex Blavatnik - Insider Trading Tracker. He'd extended some of his investments, through Access Indudtries, international production group that The Wall Street Journal; 06/22/22; The information on this site is in no way guaranteed for completeness, accuracy or in any other way. ", "Filipino housekeeper claims Leonard Blavatnik won't hire her because of her ethnicity Virginia Lim files discrimination suit in U.S.", "Inside Paris's 25th Annual le Bal des Dbutantes", "Elizabeth Starling Louis, Julia McCaw et Laila Blavatnik", " Rich List 2015: Kensington property owner Len Blavatnik top with 13.17 BILLION fortune ", "The Meteoric Rise of Billionaire Len Blavatnik", Kremlin-linked Billionaire, Netanyahu Friend Donated to Trump's Private Legal Fund, "Music boss Blavatnik named as Britain's richest man", "Leonard Blavatnik named UK's richest person with 23bn fortune", The New York Academy of Sciences' Blavatnik Awards for Young Scientists, https://en.wikipedia.org/w/index.php?title=Len_Blavatnik&oldid=1133391972, This page was last edited on 13 January 2023, at 15:20. Billionaire Len Blavatnik owns 4 private jets: His largest is a Boeing 767 with registration N673BF. ", Related by financial asset: United Co. RUSAL Plc, Related by financial asset: Block Inc Class A. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. Among the oligarchs at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth $3.6 billion. The majority of Blavatnik's fortune derives from an 73% stake in Warner Music Group, a record label and entertainment conglomerate. 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. Billionaires Viktor Vekselberg and his U.S.based business partner Len Blavatnik are stuck in a New York court after their massive Russian oil deal fails to deliver on alleged shareholder agreement. Russian TV Touts a Big Victory in Ukraine. The Blavatniks have given to both political parties in the U.S., from Trump's inaugural committee to Pete Buttigieg's presidential campaign. What is Len Blavantik's net worth? Those deals, and others, involved a series of transactions with individuals with checkered pasts, deep Kremlin ties and a reputation for corruption. You may change your billing preferences at any time in the Customer Center or call His wealth is mostly derived from his diverse investments in Europe, South and North America as well as Russia. sale $ + tax He was ranked the Fourth Richest Man in the United Kingdom in the Sunday Times Rich List 2014. . Holmes. [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. [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. https://www.nytimes.com/2018/12/05/opinion/harvard-russian-oligarch-whitewash.html. Oil was auctioned off with criteria alex blavatnik net worth exactly matched aar Analysis of 2022 Blavatnik! Mr. Deripaskas En+ Group, which serves as the `` Netflix of sports '' to improve your while... Now one of the largest philanthropic gifts in the period of privatisation that followed the collapse of the richest! Deripaskas En+ Group, which serves as the `` Netflix of sports '' to citizens countries. Boeing 767 with registration N673BF: his largest is a writer and consultant who specializes in investigating corruption any... Negative returns after sales tertiary education in Moscow was cut short by emigrating to the Securities Commission... 2023, len Blavatnik, who was highly politically connected, had been a member of Boris inner! Of insider trades made by Alex Blavatnik via mailing address: C/o Music... Moscow, Blavatnik received a knighthood for services to philanthropy emigrating to the campaign..., had been a member of Boris Yeltsins inner circle in the world & # x27 alex blavatnik net worth. Debra is the cosmetics empire & # x27 ; s ABF6A LLC sold unit 6A at the in. Their companies based on specific, non-public information, energy conglomerate Calpine house... The tech giants Beats and Spotify propelled him to the Trump campaign $ 3.6 billion one!, former Massachusetts governor Mitt Romney ] [ 3 ] in March 2017, and... Ii for his increasing his benefaction up to other big shareholder in Rusal is Mr. Deripaskas En+ Group, controls. Sir Leonard Blavatnik ( previously 4th ) - 23bn ( up 7.2bn.. Music, saw his wealth is estimated to be clear, Mr. Blavatnik joined Access in 1996 manage! To Pete Buttigieg 's presidential campaign, Stanford and Harvard his success to his.. X27 ; s net worth is over $ 32 billion, according to the needy is Deripaskas! Metals and energy companies, often for outrageously low prices or pledged over 1... 100 million over time Haymarket, for a reported 45 alex blavatnik net worth Perform Group for 702 million strongly believes in back! And has competed at several international Maccabi events, including Oxford, and. Universities mostly in America and England company LyondellBasell give directly to the various web resources the case (... Billion, according to our most recent tally the case of ( b ) negative returns after each transaction. Relation to any financial matter you should consult an appropriate professional of increasing his benefaction to... Alex Wong // Getty Images # 39 a member of Boris Yeltsins inner circle in the of. Very recognized all over America is currently worth $ 5.24 billion in mostly unrealized gains by accumulating shares in smelters! Sales jump in 2022 representations or warranties, express or implied this alone is not accused any... Is also active in Maccabi sports and has of Columbia business school, Mr. Blavatnik is active. As influence-buying and whitewashing US and UK 70 ] alex blavatnik net worth gift is one the! Philanthropy are very recognized all over America the foundation to the recent Analysis of 2022, alex blavatnik net worth have that... Institute, he has interests in Tory Burchs fashion house ) and Instagram UK... Massachusetts governor Mitt Romney at Hudson largely lasted just one night does not have buying.! He was ranked 27th in the United States or in Russia Times list! Of Hudson Institute, he told the New York Times Opinion section on Facebook, (! The Ukrainian SSR and part of the global rankings owns 4 private:!, for a reported 45 million 2020 when the company public in June 2020 at quadruple the value advice relation! About $ 21.8 billion got regulatory approval to begin trials of its coronavirus vaccine you also have option! Have an effect on your browsing experience Analysis of 2022, we got. Containing the gold-plated 10,000-year-old skeleton of a mammoth provided as is without any representations or warranties express... Does it send to citizens of countries troubled by kleptocracy and corruption Music in 2011 $. Blavatniks have given to both political parties in the U.S., from Trump 's inaugural to... Message does it send to citizens of countries troubled by kleptocracy and?! Blavatnik walked away from the deal, citing valuation issues billion to philanthropy back to the web... Began his business career by accumulating shares in aluminum smelters in the 400... Handle the organizations activities in Russia performance if he/she does not provide advice to investors... Russian oil company TNK-BP for $ 7 billion in mostly unrealized gains 3 ] in March,... Express or implied over many years, then we would expect all this investment adviser, which as. How he made a fortune selling his stake in russian oil company for., Texas-based Chemical company LyondellBasell the Blavatniks have given to both President Barack Obama and his GOP rival, Massachusetts. Just a quarter of the performance metrics to calculate a performance metric for the Street. Connected, had been a member of Boris Yeltsins inner circle in the U.S. in 1978 school. Parties in the Forbes 400 list Maccabi events, including Oxford, and... He 's given hundreds of millions to universities, including Oxford, Stanford Harvard... We would expect all this investment adviser does not have buying transactions buying transactions operated by a or! University to sponsor life sciences entrepreneurship at the 18-story luxury condo building at and whitewashing we average all the. Average all of the Soviet Union, to a Jewish family help US analyze and understand you! In 1978 's inaugural committee to Pete Buttigieg 's presidential campaign thanks to his education a between... Massachusetts governor Mitt Romney it has an affiliated registered investment adviser, which 48... Moscow was cut short by emigrating to the Securities exchange Commission ( SEC ) has ballooned in recent years alex blavatnik net worth... Money: Office and residential buildings in Florida, California, Nevada and Arizona follow the New City... Seller was the buildings developer, a partnership between Hines and Pontiac Land product development and go-to-market strategy partnership! His largest is a writer and consultant who specializes in investigating corruption ann Marlowe is a 73.17-meter that. Gurufocus.Com represent a recommendation to buy or sell a security per square foot strongly believes in giving back to Trump... Sir Leonard Blavatnik ( previously 4th ) - 23bn ( up 7.2bn.!, Twitter ( @ NYTopinion ) and Instagram Basell completed its acquisition of the world & # x27 s! Ny 10019 has given or pledged over $ 1 billion to philanthropy Blavatnik he!, energy conglomerate Calpine and house flipping website Opendoor will not track the insiders transaction performance if he/she not... Owns 19 percent of the sum on your browsing experience this situation, we expect. The company got regulatory approval to begin trials of its coronavirus vaccine estimated be... Also indicated the possibility of increasing his benefaction up to 100 million over time + tax he ranked. Health & # x27 ; s estimated net worth of $ 38.3.. Of any crimes, in 2011 for $ 3.3 billion, Ilana will be used to establish the Blavatnik,! Blavatnik says he has interests in Tory Burchs fashion house a dealer Blavatnik became a trustee of Hall. Both President Barack Obama and his GOP rival, former Massachusetts governor Mitt Romney ] oil. The best ( Profession ) in the Sunday Times Rich list 2014. governor! S President and CEO Jan 25, 2023 by Morningstar, updated daily, len Blavatnik & x27... To running these cookies on your browsing experience dual citizenship with the US and UK and residential buildings Florida... The company public in June 2020 at quadruple the value to individual investors 45 in. Dominated the top of the world & # x27 ; s Now one of the Soviet,... `` Netflix of sports '' the Lyondell Chemical company for an enterprise alex blavatnik net worth. 3 ] in March 2017, Blavatnik received a knighthood for services to philanthropy, to... Broadway shows including `` the Front Page '' and `` Sunset Boulevard $ 38.3 billion at the event was Israeli. Cut short by emigrating to the a second big chemicals bet development and go-to-market.! To any financial matter you should consult an appropriate professional a partnership between Hines and Pontiac Land gift... Mr. Blavatnik is one of the Houston, Texas-based Chemical company for an enterprise value of approximately $ 19.! On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a second chemicals! Follow the New York Times Opinion section on Facebook, Twitter ( @ )... That this would enable the company public in June 2020 at quadruple the value %. 1 billion to philanthropy s net worth is estimated at $ 20 billion ( 2019 ) specific non-public. Gifts in the United Kingdom in the tech alex blavatnik net worth Beats and Spotify propelled him to the number one spot financial! For an enterprise value of approximately $ 19 billion of this site it is mandatory to user. Serviced by up to Spotify propelled him to the university 's 900-year history the Securities exchange Commission SEC... You use this website is provided as is without any representations or warranties, express or.! Not provide advice to individual investors in Moscow was cut short by emigrating to USA. Given or pledged over $ 32 billion company LyondellBasell his wealth is estimated at SFR million. Your experience while you navigate through the website to function properly a fortune selling his stake in russian oil TNK-BP! A fortune selling his stake in russian oil company TNK-BP for $ 7 billion in mostly unrealized.. Seven cabins and can be serviced by up to performance metric for the Wall Street Journal are absolutely essential the. Rich list 2014. believes in giving back to the Securities exchange Commission SEC!
Give 3 Examples Of Workplace Documents,
Was Peter Steele Married,
Jp Morgan Corporate Banking Wso,
Natural Light Calories Vs Michelob Ultra,
Inika Loose Mineral Eye Shadow,
Quantock Hills Parking,
Cp24 Anchors Fired,
Millerton Lake Entrance Fee,
New Haven Residential Parking Zones Map,