", 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. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. He is also a minority owner in Russia's largest producer of. 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. After getting British citizenship, Blavatnik was knighted by Queen Elizabeth II for his . In addition, Mr. Blavatnik is engaged in numerous philanthropic pursuits and sits on the boards of several educational and charitable institutions. Warner Music Group Corp (WMG) Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! price. "[72], In 2011, Blavatnik donated more than 50 million to the Tate Modern gallery in London the largest donation in the gallery's history. Len Blavatnik Net worth: $32.3 billion. A 1993 graduate of Columbia Business School, Mr. Blavatnik joined Access in 1996 to manage the companys growing activities in Russia. 2. What is Len Blavantik's net worth? Is Harvard Whitewashing a Russian Oligarchs Fortune? [104], In 2013, Blavatnik was made chevalier of the French Legion d'Honneur. He is the owner of the Odessa II yacht. To calculate this, we examine every open-market, unplanned purchase Len Blavatnik, 64, says he has no 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 doing so, he replaced Sir James Dyson. This situation would be highly suggestive of an insider that was timing trades 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. Eric Eisner, Nick Koskoff, Alex Blavatnik. A little later, he bought a chain of five-star hotels in France. These cookies do not store any personal information. He's now one of the 20 richest Americans, with a net worth of $38.3 billion. The BF on the 767 stands for Blavatnik Family. This investment adviser does not provide advice to individual investors. Under Review. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. Or God. 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. Or maybe they are the same thing. He joined Access Industries in 1996 in order to handle the organizations activities in Russia. . Mr. Blavatnik is also active in Maccabi sports and has competed at several international Maccabi events, including two World Maccabiahs in Israel. Please Allow Javascript and reload this page. [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. [10] The college was one of the only high-ranking colleges in Moscow to accept Jewish people, who were then subject to widespread discrimination in the country. All Rights Reserved. For full functionality of this site it is necessary to enable JavaScript. over many years would result in downward sloping post-trade plots. Russian TV Touts a Big Victory in Ukraine. But he did succeed in attaching his name to Harvard for generations to come. In 2017, Blavatnik received a knighthood for services to philanthropy.. Blavatnik made his initial fortune after the collapse of . Estimated Net Worth in 2021. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. [88] He also donated $1 million to the committee for the inauguration of Donald Trump. Sir Leonard Blavatnik has topped the latest Sunday Times Rich List, having seen his fortune swell to 23bn. Two years ago the billionaire put up $1.8 billion in a second big chemicals bet. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. Len Blavatnik made billions as a Kremlin insider. Nothing on this website constitutes, or is meant to constitute, advice of any kind. , REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. 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. In response, Carnegie Hall renamed its first level of boxes "The Blavatnik Family First Tier". [77] At the time, Blavatnik told the media: "The Nobel's about $1 million, I thought $250,000 was big enough to make it really interesting but not big enough to be scary. [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. Acting CFO & Corp. Contr. "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging Alex Wong // Getty Images . trade are trades that were not made as part of a 10b5-1 trading plan. . He is a dual citizen of the U.S. and the U.K. Businessman. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. The majority of Blavatnik's fortune derives from an 73% stake in Warner Music Group, a record label and entertainment conglomerate. His family name adorns institutions in the U.S . Up to this point, AAR had taken $19 billion in dividends from the joint venture. [82], In February 2022, Blavatnik made a multi-million pound contribution to the Imperial War Museum in London. Of Jewish ancestry, Leonid Valentinovich Blavatnik was born on June 14, 1957 in Odessa, Ukraine. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. #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 . All Rights Reserved. Access currently owns approximately 21% of LyondellBasell. [96] The couple have four children. 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 [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. sale expect either (a) positive returns after purchases, or (b) negative returns after sales. [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. By clicking Subscribe you agree to our Privacy Policy. On Tuesday, the founder, director and sole funder of the Hudson Institutes Kleptocracy Initiative, Charles Davidson, announced that he was leaving his position at the head of the initiative because Hudson had accepted a $50,000 donation for a table at its annual gala from Leonard Blavatnik, a Soviet-born dual British-American citizen who made his money in the rough and tumble of Russias commodities privatizations during the 1990s and now owns, among other properties, Warner Music Group. 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. [53], DAZN specialise in buying rights to broadcast sports including football, boxing and Formula 1 motor racing, outside of their domestic markets. We are having some technical difficulties. However, this alone is not enough to draw conclusions. Len Blavatnik is a Soviet -born British-American businessman, investor, and philanthropist and his current net worth is $19.8 billion. Type: Airbus A319. 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. Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including They were both academics and the family immigrated from Ukraine to the United States in 1978. 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. Billionaire Len Blavatnik owns 4 private jets: His largest is a Boeing 767 with registration N673BF. According to the recent analysis of 2022, we have got that the estimated net worth of Len Blavantik is about $21.8 billion. His daughter Debra is the cosmetics empire's president and CEO. 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. [24], In 2013, the Russian oil company Rosneft paid AAR $28 billion in cash for its 50% stake in TNK-BP. 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. Blavatnik was born in 1957 in Odessa, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. Year: 2014. [6] Through Access Industries Holdings Blavatnik owns most of Warner Music Group and has stakes in several publicly traded assets. of 18,838,682 shares. Yearly Income And Salary. the post-purchase plots to be upwardly sloping. Alex's net worth hovers over $5,000 - $9,999 with a yearly income that's about $100 - 149,999. [33], On May 6, 2011, Warner Music Group announced its sale to Access for US$3.3 billion. 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