[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. But he is undoubtedly a Kremlin insider, someone who has made an enormous fortune trading on his political connections to a deeply corrupt circle of oligarchs and a criminal Russian state. $2.5 billion, according to our most recent tally. He did this via his holding company, Access Industries. Len Blavatnik Net Worth. The. [57] Shortly after the outbreak of the pandemic, DAZN was forced to tell European football leagues that it would not pay for games that had been put on hold. Len Blavatnik is a Soviet -born British-American businessman, investor, and philanthropist and his current net worth is $19.8 billion. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security Mr. Blavatnik is entitled to spend his money how he pleases. [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. over many years, then we would expect all (Asked for comment, a Harvard spokeswoman said in a statement: Harvard Medical School is deeply grateful for the generous and transformational commitment from the Blavatnik Family Foundation that will support discovery at HMS propelling the schools mission to transform human health. She also referred me to someone who handles media relations for the foundation.). All Rights Reserved. Mr. Blavatnik is also on the board of Clal Industries Ltd., WMG Acquisition Corp. and Warner Music Group Corp. , [22] In 1999, TNK acquired Sidanco's best assets via bankruptcy proceedings. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. https://www.nytimes.com/2018/12/05/opinion/harvard-russian-oligarch-whitewash.html. As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. . , Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. To be clear, Mr. Blavatnik is not accused of any crimes, in the United States or in Russia. [104], In 2013, Blavatnik was made chevalier of the French Legion d'Honneur. Estimated Net Worth in 2021. 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. 01/13. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. Of Jewish ancestry, Leonid Valentinovich Blavatnik was born on June 14, 1957 in Odessa, Ukraine. Eric Eisner, Nick Koskoff, Alex Blavatnik. Cucinelli tops forecast with near 30% sales jump in 2022. His daughter Debra is the cosmetics empire's president and CEO. I am a wealthy man. 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. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. [19] He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle. Len Blavatnik recently pledged $200 million to Harvard Medical School. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. 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. For full functionality of this site it is necessary to enable JavaScript. made by the insider in the last three years. 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. They were very poor at the time. This website uses cookies to improve your experience while you navigate through the website. [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. On the Ground, Its More Complicated. He's now one of the 20 richest Americans, with a net worth of $38.3 billion. 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. Len Blavatnik, the best (Profession) in the world, is worth $33 billion. 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. Billionaire Len Blavatnik owns 4 private jets: His largest is a Boeing 767 with registration N673BF. In response, Carnegie Hall renamed its first level of boxes "The Blavatnik Family First Tier". Blavatnik is one of the world's wealthiest people, with a net worth of US$18 billion. 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. "[72], In 2011, Blavatnik donated more than 50 million to the Tate Modern gallery in London the largest donation in the gallery's history. In the case of (a), the PURCHASE chart would show As of July 2022, the net worth of Len Blavatnik's has grown by an estimated $32 Billion. The company is based in Atlanta, though it also has New York offices. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. [43][44], In 2017, Blatvatnik was named as possible purchaser of the publisher Time Inc. Blavatnik prepared the bid with Edgar "Ed" Bronfman Jr, the former chief executive of Warner Music. His donors include Len Blavatnik, Chris Sacca, Eric Schmidt and Meg Whitman. Under Review. In 2007, he acquired land in Hollywood worth $625 million. In addition, he has interests in Tory Burchs fashion house. And US$ 50 million to Harvard University to sponsor life sciences entrepreneurship at the university. Blavatnik was born in Ukraine, emigrated to the . But he did succeed in attaching his name to Harvard for generations to come. nearly $8 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. sale [17] TNK then went on an acquisition spree, alighting on the oil company Sidanco, which was part-owned by the U.K. oil giant, British Petroleum. Or maybe they are the same thing. a series of upwardly sloping curves, indicating positive returns after each purchase transaction. [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. [89], Blavatnik and his American wife, Emily, also donated to Democratic Party candidates Kamala Harris, Chuck Schumer, and Hillary Clinton. [6] He refers to himself as a self-made billionaire.[3]. 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 [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. price. 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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. 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. We are having some technical difficulties. Non-planned Alex Blavatnik is known for Long Strange Trip (2017), Between Me and My Mind (2019) and Ballet Now (2018). Alex Blavatnik Director, Warner Music Group Corp. . You may change your billing preferences at any time in the Customer Center or call Mr. Blavatniks glory at Hudson largely lasted just one night. Meanwhile, London-based Dazn aims . [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. [18] Blavatnik was a board member of Rusal from 2007 to 2016. So, how much is Sir Leonard Valentinovich Blavatnik networth at the age of 64 years old? 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. $30-40 Billion. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. International School Swimming Competitions - China, Coaching Membership Requirements Checklist, Executive VP Deputy Chairman of Access Industries, Former collegiate swimmer at Miami of Ohio. 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. of 115,000 shares made by Lincoln E Benet During the past 18 months, 18,838,682 shares of Warner Music Group Corp (WMG) were sold and 0 shares were bought by its insiders, resulting in a net The sports streaming service is available in Japan, Germany and Canada. sale 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. He is also a minority owner in Russia's largest producer of. [99] He also has a residence in Manhattan valued at more than $250 million. a net Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. Please Allow Javascript and reload this page. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. The Blavatniks have given to both political parties in the U.S., from Trump's inaugural committee to Pete Buttigieg's presidential campaign. [34] On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion. Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. [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. Ukraine-born American investor Leonard Blavatnik came in at No. [16][17], One of his investments, Sual, later became part of United Company Rusal, the world's largest aluminium producer. Annual Salary. #ptsBlock_278710 .ptsColFooter .ptsActBtn{display:block;} #ptsBlock_278710 .ptsCol:first-child{padding-left:0;} #wpsm_accordion_1315 .ac_open_cl_icon{background-color:#e8e8e8 !important;color:#008949 !important;float:right !important;padding-top:12px !important;padding-bottom:12px !important;line-height . He made an early fortune from Russian oil company TNK-BP, including billions in dividends paid by the joint venture and the sale of his stake in 2013 for $7 billion. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. Jeff Yass - Net worth: $30 billion . Consider the situation where an insider was doing this. It is illegal for insiders to make trades in their companies based on specific, non-public information. [85] In August 2017, political scientist Bo Rothstein resigned from the Blavatnik School of Government out of opposition to Blavatnik's politics. In 2017, the gallery named their new 266 million extension building the Blavatnik Building. Russian TV Touts a Big Victory in Ukraine. Or God. What is Len Blavantik's net worth? 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. Boomerang Tube, a Missouri-based company that makes pipes and tubes for oil and natural gas companies, filed for bankruptcy protection on Tuesday in Delaware. He made a fortune selling his stake in Russian oil company TNK-BP for $7 billion in 2013. The company also invested in regional electricity generating stations, which they used to supply power to their energy-intensive aluminium businesses. Blavatnik earned nearly $5 billion in dividends from Russian oil companies, and sold 12.5 percent of TNK-BP for $7 billion in 2013. . Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. All rights reserved. Acquired Warner Music Group for $ 3.3 billion renamed its first level boxes! 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