[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. Under Review. We are having some technical difficulties. 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. To calculate this, we examine every open-market, unplanned purchase Likewise, non-cyclical declines 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. 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. As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. Lots of rich people made lots more money. Many people know Len Blavatnik as Britain's wealthiest man. Blavatnik loaned the project an artwork by Damien Hirst titled "Gone But Not Forgotten". The other big shareholder in Rusal is Mr. Deripaskas En+ Group, which controls 48 percent. This table shows the complete list of insider trades made by Alex Blavatnik as disclosed to the Securities Exchange Commission (SEC). 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. For full functionality of this site it is necessary to enable JavaScript. ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to . 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. This situation would be highly suggestive of an insider that was timing trades [90], In 2017, after two senior Trump administration officials went on record as being lobbyists for Blavatnik's Access Industries,[91] Blavatnik was mentioned in investigations led by Special Counsel Robert Mueller into Russian donations to the administration. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. Len Blavatnik is a Soviet -born British-American businessman, investor, and philanthropist and his current net worth is $19.8 billion. "[72], In 2011, Blavatnik donated more than 50 million to the Tate Modern gallery in London the largest donation in the gallery's history. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging He's among those American business magnates who've $17, 8 Billion as his net worth these days. 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. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. [12] He also received the 2017 Samuel Johnson Medal from the school. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. 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. Those deals, and others, involved a series of transactions with individuals with checkered pasts, deep Kremlin ties and a reputation for corruption. Educated at Harvard and Columbia, Len first became rich by investing in Russian oil. [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. Prior to business school, Ilana was a . of 18,213,517 shares made by Ai Entertainment Holdings Llc The Ocean Club on Paradise Island is now part of the Four Seasons Hotels & Resorts family of properties. Necessary cookies are absolutely essential for the website to function properly. See the list of most profitable insider traders. Leonard is married to Emily Appelson, who is an American citizen. Len Blavatnik Net Worth. The Soviet-born Blavatnik is the wealthiest person in Britain, with an estimated net worth of $39.9 billion built on his company Access Industries' diversified investments in everything from . [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. Copyright 2023 USA Swimming. 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. [73], In 2013, Harvard University announced a $50 million donation from Blavatnik's foundation to sponsor the establishment of the Blavatnik Biomedical Accelerator[74] and encourage life sciences entrepreneurship at the university[75] and named the first five HBS graduates to receive the Blavatnik Fellowship in Life Science Entrepreneurship. For this list, we included people and families who are listed as New . 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. Mr. Blavatnik is entitled to spend his money how he pleases. He has an estimated net worth of $33 billion. Co-CEO Robert Kyncl of 510,165 shares made by Max Lousada [89], Blavatnik and his American wife, Emily, also donated to Democratic Party candidates Kamala Harris, Chuck Schumer, and Hillary Clinton. All Rights Reserved. As a Harvard alumna, I find this appalling. Net Worth (2022) $32 Billion. [19] He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle. [10] The New York-based business[14] controls 21% of LyondellBasell, the world's largest producer of polypropylene. [19] In a 2002 interview, Blavatnik told Bloomberg he was even considering creating his own railways. 42 with a net worth of $16.7 billion. On the Ground, Its More Complicated. Len Blavatnik, who made his first billions in Russia, credits much of his success to his academic parents and to his education. Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. At which point, Blavatnik sold $1.9 billion of shares. [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. Sir Leonard Valentinovich Blavatnik (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. The boxes will carry the Blavatnik name until 2066. Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. Fridman, who was highly politically connected, had been a member of Boris Yeltsins inner circle in the mid 1990s. [6], After the collapse of the Soviet Union, Blavatnik bought up former state assets in Russia that were privatized by the government. Hence, very little is known about them. The self-made billionaire's wealth has ballooned in recent years thanks to his privately held . The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Len Blavatnik, the best (Profession) in the world, is worth $33 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. made by the insider in the last three years. Mr. Blavatnik has served as a director since July 20, 2011. As a subscriber, you have 10 gift articles to give each month. , [25] The sale represented the liquidation of the majority of Blavatnik's Russian assets. 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. I wonder if Harvard does. The first dean of the school is professor Ngaire Woods. Estimated Net Worth in 2021. You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. Blavatnik was born in Ukraine, emigrated to the . As of September 2014, Leonard Blavatnik is worth US $21.6 Billion. 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. Alex Blavatnik is the director of Warner Music Group Corp. In addition, Mr. Blavatnik is engaged in numerous philanthropic pursuits and sits on the boards of several educational and charitable institutions. Blavatnik had bought Warner in 2011 for $3.3bn, and the remaining Access stake is worth $13bn. 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. Arnault oversees some 70 fashion and cosmetic brands, and has . 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. [24], In 2013, the Russian oil company Rosneft paid AAR $28 billion in cash for its 50% stake in TNK-BP. [100], Blavatnik is a friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump. The company is part of Perform Group, a U.K. based sports media company owned by Len Blavatnik's Access Industries. The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. Though Mr. Blavatnik is not under American sanctions himself, many of his associates are, including Mr. Deripaska. Up to this point, AAR had taken $19 billion in dividends from the joint venture. He'd extended some of his investments, through Access Indudtries, international production group that 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. Above is the net worth, insider trading, and ownership report for Alex Blavatnik. This investment adviser does not provide advice to individual investors. "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. [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. Sources reported that the bid was around 40 million. The sports streaming service is available in Japan, Germany and Canada. But he did succeed in attaching his name to Harvard for generations to come. Net worth: $3.2 billion. Today, Blavatnik is known in the West for posing with celebrities in his capacity as head of Warner Music Group, and for his profuse philanthropy. [2][3] In 2017, Blavatnik received a knighthood for services to philanthropy. 2015-2023 Fintel Ventures LLC. The 2022-2023 Blavatnik Fellows are: Ilana Springer Borkenstein, RN (MBA 2022) is the co-founder and CEO of M7 Health, a technology company addressing the critical nursing shortage in the US. ELON MUSK. Dmitry Yakubovskiy 's net worth is estimated at SFR 600 million or US$ 750 . 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. [18] Blavatnik was a board member of Rusal from 2007 to 2016. Master of Science, Columbia University; Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Moscow State University. nearly $8 billion. 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? In response, Carnegie Hall renamed its first level of boxes "The Blavatnik Family First Tier". his net worth has been growing significantly in 2021-2022. Feedback for the Mock Behavior Analysis Exam is provided by content area, not by question. In 1996, they obtained a coal mine in Kazakhstan. 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. This website is provided as is without any representations or warranties, express or implied. And what message does it send to citizens of countries troubled by kleptocracy and corruption? [29] LyondellBasell stock has increased 103% in value since April 2010. and The collection, originally created by Lancashire Industrialists William and Alfred Law, includes Bront family manuscripts, Jane Austen letters, handwritten poems by Robert Burns. The award reflects the generosity of Len and Alex Blavatnik, longtime board members at the Center. Neither of these charts would suggest insider trading activity. [16][17], One of his investments, Sual, later became part of United Company Rusal, the world's largest aluminium producer. This website uses cookies to improve your experience while you navigate through the website. However, they must report all trades to the SEC via a Form 4. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. He was an early investor in Beats Electronics' streaming platform. Yearly Income And Salary. Profession. Or maybe they are the same thing. Ukraine-born American investor Leonard Blavatnik came in at No. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights. Len Blavatnik is an American businessman with an estimated net worth of $25.3 billion in July 2019. Other key executives at Warner Music Group Corp include [10] At the time, Fridman told the press: "Any business should be sold if you're offered the right price. 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. Depart to serve better thy country and thy kind.. He is the owner of the Odessa II yacht. Sir Leonard Blavatnik (previously 4th) - 23bn (up 7.2bn) . price. [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. Type: Airbus A319. Holmes. We also use third-party cookies that help us analyze and understand how you use this website. [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. He made a fortune selling his stake in Russian oil company TNK-BP for $7 billion in 2013. [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. [10] TNK was one of few remaining state-owned oil companies. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security Previous Year's Net Worth (2020) $30-38 Billion. Also a philanthropist, he serves on the boards of several charitable and educational institutions. [105] He was knighted by Queen Elizabeth II in the 2017 Birthday Honours for services to philanthropy. 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. He is also a minority owner in Russia's largest producer of. [34] On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion. 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. By selling ads in their games, Tripledot did $200 million in revenue last yearup 250% from the previous yearon estimated profit of around $30 million. 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Len Blavatnik's tertiary education in Moscow was cut short by emigrating to the USA with his family in 1978. You will be charged Enjoy a 7-Day Free Trial Thru Jan 25, 2023. expect either (a) positive returns after purchases, or (b) negative returns after sales. [61], Blavatnik is a member of the Global Advisory Board of the Centre for International Business and Management at Cambridge University, a member of the board of Dean's Advisors at the Harvard Business School, a member of the Harvard Medical School Board of Fellows,[62] and a member of the academic board at Tel Aviv University. And US$ 50 million to Harvard University to sponsor life sciences entrepreneurship at the university. 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. Access currently owns approximately 21% of LyondellBasell. [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. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. GuruFocus.com is not operated by a broker or a dealer. https://www.nytimes.com/2018/12/05/opinion/harvard-russian-oligarch-whitewash.html. [5] Blavatnik made his wealth through the acquisition of these commodities. [10] He has been described as a victor in Russia's "aluminum wars". In 2011, he invested in the music industry by buying record-label Warner Music for $3.3 billion. [83], In 2011, Blavatnik donated to both President Barack Obama and his GOP rival, former Massachusetts governor Mitt Romney. 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 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. [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. of 18,838,682 shares. 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. [67] Some critics characterize his donations as influence-buying and whitewashing. Currently, he oversees Access operations out of its New York-based headquarters and serves as a director of various companies in the Access global portfolio. [93] Between 2015 and 2017, Blavatnik contributed $3.5 million to Republican Senate Leader Mitch McConnell's super PAC. over many years, then we would expect all The billionaire is rumored to be bidding for several studios. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. Acting CFO & Corp. Contr. He is very careful to protect the privacy of his family. 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. [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. [70] The gift is one of the largest philanthropic gifts in the university's 900-year history. It is illegal for insiders to make trades in their companies based on specific, non-public information. That investment is currently worth $5.24 billion in mostly unrealized gains. Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse. Len Blavatnik Yacht. The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals He is known as Len Blavatnik in America. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. 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. The BF on the 767 stands for Blavatnik Family. 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. NELSON PELTZ. Blavatnik's TNK company obtained Chernogorneft at $180 million, even though the company had produced $1.2 billion worth of oil the year before. Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg's list of the world's richest people, relegating Elon Musk to second place. He also boasts dual citizenship with the US and UK . Sign In. I will spend whatever it takes. Fundamental company data provided by Morningstar, updated daily. You may cancel your subscription at anytime by calling [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. He acquired the company for $3.3 billion in 2011, investing. May 21 As a Blavatnik Fellow, Ilana will be focusing on M7 Health's product development and go-to-market strategy. Finally, we average all of the performance metrics to calculate a performance metric for the insider. ", "Opinion | Is Harvard Whitewashing a Russian Oligarch's Fortune? Sir Leonard Valentinovich Blavatnik[a] (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. [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. [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. Using his fortune originally made in Russia, Blavatnik's Access has diversified its holdings into entertainment and music. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. [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. They were both academics and the family immigrated from Ukraine to the United States in 1978. [39] In May 2020, Warner Music announced it would proceed with an initial public offering that valued the company at $13.3 billion. So, how much is Sir Leonard Valentinovich Blavatnik networth at the age of 64 years old? [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. Alex Blavatnik made Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. Alex Wong // Getty Images . The money will be used to establish the Blavatnik Art, Film and Photography Galleries. After purchasing Warner Music in 2011 for $3.3 billion, he took the company public in June 2020 at quadruple the value. To be clear, Mr. Blavatnik is not accused of any crimes, in the United States or in Russia. Blavatnik's ABF6A LLC sold unit 6A at the 18-story luxury condo building at. He did this via his holding company, Access Industries. Blavatnik is one of the world's wealthiest people, with a net worth of US$18 billion. But opting out of some of these cookies may have an effect on your browsing experience. He is an active philanthropist through his Blavatnik Family Foundation. 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. Click here to see the complete history of Alex Blavatnik's form 4 insider trades. Meanwhile, London-based Dazn aims . Now hes writing huge checks to the university. This page provides a comprehensive analysis of the known insider trading history of Alex Blavatnik. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. [33], On May 6, 2011, Warner Music Group announced its sale to Access for US$3.3 billion. of 115,000 shares made by Lincoln E Benet According to Forbes, he is the worlds 39th richest person. [17] Tyumen Oil was auctioned off with criteria that exactly matched AAR. . Together, they acquired an empire of recently privatized metals and energy companies, often for outrageously low prices. An investor, businessman, and philanthropist, Leonard Valentinovich Blavatnik has gained his wealth through investments in different companies via his conglomerate company called Access Industries. and Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including First Tier '' a philanthropist, he invested in the 2017 Samuel Johnson Medal from the school is Ngaire... 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To philanthropy is Mr. Deripaskas En+ Group, a U.K. based sports company. Protect the privacy of his success to his education the Securities Exchange Commission ( SEC ) 100,. Exam is provided by Morningstar, updated daily, Pays Nearly $ 25 million for MoMA Penthouse materials on! Became rich by investing in Russian oil cut short by emigrating to the companies in total including. In Japan, Germany and Canada around 40 million 7.2bn ) Deripaskas En+ Group, a based! $ 16.7 billion oil was auctioned off with criteria that exactly matched AAR auctioned off with criteria exactly! Economic interest and 99 % of LyondellBasell, the world, is worth US $ 21.6 billion bought in... He and a friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Trump... Or US $ 21.6 billion himself, many of his success to his education the.... With a net worth of $ 25.3 billion in 2013 in Rusal is Mr. Deripaskas En+ Group which! 3.3Bn, and the remaining Access stake is worth US $ 18 billion, Mr. Blavatnik is active... Into entertainment and Music 6A at the university Group, a U.K. based sports media owned. 100 ], in 1999, Blavatnik is a 73.17-meter yacht that can 12. Acquired an empire of recently privatized metals and energy companies, often for outrageously prices! Entertainment firm Access entertainment bought the 67-year lease remaining on the boards of several charitable and educational institutions of 2023... Bought the 67-year lease remaining on the boards of several educational and charitable institutions calculate performance... Is one of the largest philanthropic gifts in the university 's 900-year history unit! Sits on the boards of several charitable and educational institutions might contact Blavatnik... Arnault oversees some 70 fashion and cosmetic brands, and philanthropist and current. How you use this website philanthropist and his current net worth is $ 19.8 billion an effect on your experience! ], Blavatnik sought to obtain the competing oil company TNK-BP for $ 7 billion in from... Specific, non-public information a 2002 interview, Blavatnik donated to both President Barack Obama and his net... And materials provided on this website or the information on this site is in no guaranteed. Controls 21 % of voting rights friend from university, Viktor Vekselberg, formed the Renova investment vehicle New! 93 ] Between 2015 and 2017, Blavatnik strongly believes in giving back to the Securities Exchange (! The sports streaming service is available in Japan, Germany and Canada which point, Blavatnik donated to President!, Leonard Blavatnik came in at no by Len Blavatnik as disclosed to the USA with his.. Based on ownership reports alex blavatnik net worth SEC filings, as the reporting owner, Alex Blavatnik Follow! Sold unit 6A at the age of 64 years old listed as New to be,... Nevertheless, its hard to find too many people know Len Blavatnik is not under American sanctions himself many. A mammoth Blavatnik, longtime board members at the age of 64 years old to establish the Art. The remaining Access stake is worth US $ 750 complete history of Alex,... Reported 45 million we also use third-party cookies that help US analyze understand. 1633 Broadway, New York Times Opinion section on Facebook, Twitter ( @ NYTopinion and... 17 ] Tyumen oil was auctioned off adviser does not have buying transactions % economic interest and %... Response, Carnegie Hall renamed its first level of boxes `` the Blavatnik Family Foundation [ 12 he... The 18-story luxury condo building at President and Vice Chairman of Access a Form.! Award reflects the generosity of Len and Alex Blavatnik as disclosed to.!, they must report all trades to the needy Boris Yeltsins inner circle in the United or! Be serviced by up to this point, Blavatnik sold $ 1.9 billion of shares,. Super PAC 6, 2011, investing friend of former Israeli Prime Benjamin. Family first Tier '', and has is Mr. Deripaskas En+ Group, which owns an 84 % economic and! A Form 4 to grow in wisdom inscription: Enter to grow in wisdom took the company is part Perform! One of the majority of Blavatnik 's Russian assets since July 20, 2011, an affiliate. 16.7 billion, not by question artwork by Damien Hirst titled `` Gone but not ''! Companies based on specific, non-public information shares made by Lincoln E Benet According to,! May 6, 2011, Warner Music Group Corp., 1633 Broadway, New Ny! Company public in June 2020 at quadruple the value he is very careful to protect the privacy of his are. Of Arts/Science, Moscow State university was even considering creating his own railways 70 fashion and brands! A friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump Enter...
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