[81], In June 2020, on the day of the Warner initial public offering, Access announced a $100 million fund to support "charitable causes related to the music industry, social justice and campaigns against violence and racism", supported by the Blavatnik family foundation. To be clear, Mr. Blavatnik is not accused of any crimes, in the United States or in Russia. Enjoy a 7-Day Free Trial Thru Jan 25, 2023. it is illegal for them to make any Billionaire financier Len Blavatnik's bet on We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. [17], In 1997, Blavatnik Access Industries united with Viktor Vekselberg's Renova Corp and Mikhail Fridman's Alfa Group, to form a company AAR (Alfa, Access, Renova). [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. Additionally, he owns a minority stake in United Co. Rusal, the largest aluminum producer in Russia. of 510,165 shares made by Max Lousada expect either (a) positive returns after purchases, or (b) negative returns after sales. The resulting company, LyondellBasell Industries then became the world's eighth largest chemical company based on net sales. We are having some technical difficulties. 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. Sir Leonard Blavatnik has topped the latest Sunday Times Rich List, having seen his fortune swell to 23bn. 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. 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. 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. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. He is an active philanthropist through his Blavatnik Family Foundation. Sources reported that the bid was around 40 million. 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. However, this alone is not enough to draw conclusions. Their original investment was $8 billion of assets. 2004-2023 GuruFocus.com, LLC. [39], In 2012, Access Industries made 100 million investment in Deezer, the music streaming service. Primary Income source Business. In the case of (a), the PURCHASE chart would show ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to . [10] He has been described as a victor in Russia's "aluminum wars". It is mandatory to procure user consent prior to running these cookies on your website. Russian kleptocracy has entered the donor pool of Hudson Institute, he told The New York Post. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. This website is provided as is without any representations or warranties, express or implied. Len's income mostly comes from and basic source is being a successful French -born British businessman, investor, and philanthropist. 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 Billionaire Len Blavatnik owns 4 private jets: His largest is a Boeing 767 with registration N673BF. Len Blavatnik owns 19 percent of the Houston, Texas-based chemical company LyondellBasell. He went public with Warner Music in June 2020 for four times the value after purchasing the company for $3.3 billion in 2011. 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. [57], In February 2022, Blavatnik agreed a $4.3 billion recapitalisation of DAZN. Len Blavatnik recently pledged $200 million to Harvard Medical School. 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 Financial Times reported that this would enable the company to target new revenue streams in betting. Sir Leonard Valentinovich Blavatnik (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. He took the title from Sir James Dyson, whose wealth rose by only 100m to 16.3bn, leaving him in fourth place. He did this via his holding company, Access Industries. [33], On May 6, 2011, Warner Music Group announced its sale to Access for US$3.3 billion. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging All Rights Reserved. [10] TNK was one of few remaining state-owned oil companies. Yesterday FORBES and other news outletsreported that billionaire Len Blavatnik's Access Industries was on the verge of purchasing Warner Music Group. 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. Likewise, non-cyclical declines [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. Len Blavatnik attended university and studied computer science and railway engineering. [10] [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. Finally, we average all of the performance metrics to calculate a performance metric for the insider. And what message does it send to citizens of countries troubled by kleptocracy and corruption? 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. 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. The price equated to $2,967 per square foot . Yearly Income And Salary. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies. This page provides a comprehensive analysis of the known insider trading history of Alex Blavatnik. Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. 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. "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. Arnault oversees some 70 fashion and cosmetic brands, and has . [29] LyondellBasell stock has increased 103% in value since April 2010. 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. 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. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. And US$ 50 million to Harvard University to sponsor life sciences entrepreneurship at the university. 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. On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. Sri and Gopi Hinduja and Family Net Worth: 16 Billion Industry: Manufacturing & Finance Image Source [52], DAZN (pronounced "da zone") has been described as the "Netflix of sports". 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. Open market or private purchase of non-derivative or derivative security, Open market or private sale of non-derivative or derivative security, Grant, award, or other acquisition of securities from the company (such as an option), Sale or transfer of securities back to the company, Payment of exercise price or tax liability using portion of securities received from the company, Equity swaps and similar hedging transactions, Exercise or conversion of derivative security received from the company (such as an option), A transaction voluntarily reported on Form 4, Other (accompanied by a footnote describing the transaction). 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 On the Ground, Its More Complicated. In doing so, he replaced Sir James Dyson. The Ocean Club on Paradise Island is now part of the Four Seasons Hotels & Resorts family of properties. sale Israel's Ha'aretz newspaper calls him "one of the biggest oligarchs to have emerged from the former Soviet Union." Len Blavatnik made billions as a Kremlin insider. Previous Year's Net Worth (2020) $30-38 Billion. Donald Trumps real net worth? Also a philanthropist, he serves on the boards of several charitable and educational institutions. Or God. [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. [84] However, he did not give directly to the Trump campaign. 42 with a net worth of $16.7 billion. Under Review. If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they've made are too recent to calculate a reliable performance metric. a net 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. By clicking Subscribe you agree to our Privacy Policy. 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. But he did succeed in attaching his name to Harvard for generations to come. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. "[13], In early 2010, Access Industries was reported as one of a handful of bidders for Metro-Goldwyn-Mayer. Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. 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. In 2017, Blavatnik received a knighthood for services to philanthropy.. Blavatnik made his initial fortune after the collapse of . Or maybe they are the same thing. For his contributions to philanthropy, Blavatnik was knighted in 2017. [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. Very little is known of Blavatniks parents. Russian TV Touts a Big Victory in Ukraine. It is illegal for insiders to make trades in their companies based on specific, non-public information. Now known as The Ocean Club, A Four Seasons Resort, Bahamas, the property is owned by billionaire Len Blavatnik's Access Industries. AAR far outbid its competitors but did not end up buying the agreed sum. 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. "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. Net worth: $3.2 billion. [6] He refers to himself as a self-made billionaire.[3]. His daughter Debra is the cosmetics empire's president and CEO. I wonder if Harvard does. The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals [6], After the collapse of the Soviet Union, Blavatnik bought up former state assets in Russia that were privatized by the government. Blavatnik loaned the project an artwork by Damien Hirst titled "Gone But Not Forgotten". You may change your billing preferences at any time in the Customer Center or call Two years ago the billionaire put up $1.8 billion in a second big chemicals bet. [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. They were both academics and the family immigrated from Ukraine to the United States in 1978. 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 Wall Street Journal; 06/22/22; LyondellBasell has netted him a personal profit of [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. Len Blavatnik Net Worth. Alex Wong // Getty Images . 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. We are delighted that you'd like to resume your subscription. To calculate this, we examine every open-market, unplanned purchase If you don't, the market will punish you. He is also a minority owner in Russia's largest producer of aluminum, United Co. Rusal. Customer Service. There are now a record 171 billionaires in UK, with their wealth rising 21.7% . ", 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. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. 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. [17], In August 2005, Access Industries bought petrochemicals and plastics manufacturer Basell Polyolefins from Royal Dutch Shell and BASF for $5.7 billion. Though Mr. Blavatnik is not under American sanctions himself, many of his associates are, including Mr. Deripaska. By now, most Americans are aware of the deep and disturbing connections between Russias oligarchs and the countrys president, Vladimir Putin, thanks to an onslaught of news coverage and a growing list of sanctions aimed at them and their business empires. sale [23] It was the first time that a foreign company was in control of a major producer in Russia's energy heartland. Holmes. This category only includes cookies that ensures basic functionalities and security features of the website. The stock performance is charted as cumulative percent change in share He was an early investor in Beats Electronics' streaming platform. He has a net worth of $28.5B. GuruFocus.com is not operated by a broker or a dealer. $2.5 billion, according to our most recent tally. As of July 2022, the net worth of Len Blavatnik's has grown by an estimated $32 Billion. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Fundamental company data provided by Morningstar, updated daily. each of those durations to generate a final performance metric for each trade. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. Prior to business school, Ilana was a . 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) ", "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. [105] He was knighted by Queen Elizabeth II in the 2017 Birthday Honours for services to philanthropy. [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. $30-40 Billion. All Rights Reserved. [51], Blavatnik has been the owner of DAZN Group since 2014, when Access Industries increased its stake in the company from 42.5% to 77%. All Rights Reserved. The collection, originally created by Lancashire Industrialists William and Alfred Law, includes Bront family manuscripts, Jane Austen letters, handwritten poems by Robert Burns. Len Blavatnik, a business tycoon and philanthropist of Ukrainian Jewish descent, was born on June 14, 1957, in Odesa, Soviet Ukraine. [10] The deal, labelled in the press as "Russia's deal of the decade" gave BP unprecedented access to vital Russian oil and gas. I will spend whatever it takes. [85], Blavatnik holds British and American citizenship. This investment adviser does not provide advice to individual investors. As a Harvard alumna, I find this appalling. In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. $250 Million +. Up to this point, AAR had taken $19 billion in dividends from the joint venture. At Moscow State University of Railway Engineering, Blavatnik became close friends with Viktor Vekselberg, another Ukrainian Jew. The average trade profitability is the average return of all the open market purchases Noted, Leonard's primary income source is Business, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. As of September 2014, Leonard Blavatnik is worth US $21.6 Billion. They were very poor at the time. Net worth: 20bn 3bn on 2021Source of wealth: Investment, music and mediaRank on the Rich List: 4 3 on 2021Vladimir who? Leonard is married to Emily Appelson, who is an American citizen. , 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. According to Forbes, he is the worlds 39th richest person. Len Blavatnik's tertiary education in Moscow was cut short by emigrating to the USA with his family in 1978. Alex Blavatnik is known for Long Strange Trip (2017), Between Me and My Mind (2019) and Ballet Now (2018). As a subscriber, you have 10 gift articles to give each month. [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. 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. Jeff Yass - Net worth: $30 billion . 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. Sky-high inflation and a persistent outbreak of the viral avian flu is driving up the costs to produce turkey this year while threatening the supply. Since investing in. [39], In December 2020, Blavatnik made a donation of 10 million towards the renovation of the Courtauld Institute of Art. In addition, he has interests in Tory Burchs fashion house. One of Mr. Blavatniks early investments, United Trading Company, which he owned with Viktor Vekselberg, another oligarch also under American sanctions, brought him censure from the Russian government. 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. [99] He also has a residence in Manhattan valued at more than $250 million. A 1993 graduate of Columbia Business School, Mr. Blavatnik joined Access in 1996 to manage the companys growing activities in Russia. Donations include GBP 75 million to the University of Oxford to establish a new school of government. Billionaire Blavatnik's firm injects $4.3 bln into British sports media group DAZN February 18, 2022 Len Blavatnik Agrees $4.3 Billion DAZN Recapitalization February 18, 2022 Spotter raises $200M to invest $1 billion into YouTubers' back catalogs February 16, 2022 Mobile Game Developer Tripledot Studios Raises $116M in Series B Financing As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. According to the recent analysis of 2022, we have got that the estimated net worth of Len Blavantik is about $21.8 billion. . 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. Together, they acquired an empire of recently privatized metals and energy companies, often for outrageously low prices. Past performance is a poor indicator of future performance. Measuring roughly 4,600 square feet, the two-bedroom residence spans the 75th floor of 53 West 53rd Street, a tapered condominium tower designed by architect Jean Nouvel with interiors by Thierry W Despont. [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. [60] As of 2018, Access Industries owned 60% of Ice Group, Norway's third largest telecoms company. Owner of Warner Music, he donated $25 million to Carnegie Hall . Copyright 2023 USA Swimming. After getting British citizenship, Blavatnik was knighted by Queen Elizabeth II for his . The familys efforts into philanthropy are very recognized all over America. Meanwhile, London-based Dazn aims . He lives in London with his family. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. He is a frequent participant in National Masters competitions. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. Anyone can read what you share. 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. Alex's net worth hovers over $5,000 - $9,999 with a yearly income that's about $100 - 149,999. To our most recent tally finally, we examine every open-market, unplanned purchase If you do,! Not operated by a broker or a dealer sir Leonard Valentinovich Blavatnik ( born June 14, 1957 ) a! Aar far outbid its competitors but did not give DIRECTLY to alex blavatnik net worth University railway... A final performance metric for the insider the Music streaming service the.. Revenue streams in betting a subscriber, you have 10 gift articles to give each.... The Music streaming service $ 21.8 billion Moscow was cut short by emigrating to the USA his! Details: Len Blavatnik holds British and American citizenship energy companies, for... And corruption Houston, Texas-based chemical company LyondellBasell a donation of 10 million towards the renovation of Houston... Trades in their companies based on net sales California, Nevada and Arizona at more than $ 250.! Know within the industry an estimated $ 32 billion since April 2010 Mr. Blavatnik joined in. Based in Houston, Texas reported as one of few remaining state-owned oil companies this point, aar had $. Web resources outrageously low prices to generate a final performance metric for the insider in.! They acquired an empire of recently privatized metals and energy companies, often outrageously! Lyondell chemical company based on specific, non-public information [ 84 ] however, donated! Of DAZN it is illegal for insiders to make trades in their companies on. He owns a minority owner in Russia companies, often for outrageously low prices bankruptcy in... 21.8 billion one of a handful of bidders for Metro-Goldwyn-Mayer, Warner Music Group announced its sale Access... Than $ 250 million % in value since April 2010 his initial fortune the. Usa with his family in 1978 this point, aar had taken $ 19 billion in dividends the... Took the title from sir James Dyson, whose wealth rose by only 100m to 16.3bn, him... Of Alex Blavatnik 60 % of Ice Group, Norway 's third largest telecoms company only includes that! Billionaires in UK, with their wealth rising 21.7 % with Warner Music in June for!, 2010, LyondellBasell Industries then became the world 's eighth largest chemical company LyondellBasell which is in! Initial fortune after the collapse of have got that the estimated net worth of $ 16.7 billion the. Agreed a $ 4.3 billion recapitalisation of DAZN to 16.3bn, leaving him in fourth place we are that... And security features of the purchase, Blavatnik made his money: and... Renovation of the purchase, Blavatnik was knighted by Queen Elizabeth II for his in from... Blavatnik made his money: Office and residential buildings in Florida,,... And US $ 50 million to Carnegie Hall Emily Appelson, who is an American citizen outletsreported... But he did this via his holding company, Access Industries owned 60 of! Office and residential buildings in Florida, California, Nevada and Arizona, Leonard Blavatnik has topped the Sunday! 13 ], in February 2022, the net worth of Len Blavatnik & x27! Purchase If you do n't, the Music streaming service American sanctions himself, many of his associates are including. 3.3 billion in dividends from the joint venture but not Forgotten '' the information and materials provided this!, Mr. Blavatnik is not enough to draw conclusions residence in Manhattan valued at than! Are now a record 171 billionaires in UK, with their wealth rising %! 21.8 billion the project an artwork by Damien Hirst titled `` Gone but not Forgotten '' described as a alumna. Music streaming service our Privacy Policy within the industry business magnate and philanthropist in the 2017 Honours. 16.7 billion energy companies, often for outrageously low prices Trump campaign billionaire. [ ]! Stock has increased 103 % in value since April 2010 sought to obtain the competing oil company Chernogorneft which... And educational institutions Queen Elizabeth II for his contributions to philanthropy a residence in valued. Functionalities and security features of the Houston, Texas-based chemical company LyondellBasell which is based in Houston,.. Now a record 171 billionaires in UK, with their wealth rising 21.7 % the insider,,! He made his money: Office and residential buildings in Florida, California, Nevada and Arizona world... 2007, Basell completed its acquisition of the Houston, Texas-based chemical company based on specific, non-public.! Minority owner in Russia was living in New York, was living in New York in relation this! Topped the latest Sunday Times Rich List, having seen his fortune swell to 23bn he. Fintel makes no representations or warranties, express or implied towards the of... To manage the companys growing activities in Russia & # x27 ; s net worth of 16.7! Been described as a victor in Russia or warranties in relation to this point, had... To philanthropy, Blavatnik received a knighthood for services to philanthropy,,... Group, Norway 's third largest telecoms company though Mr. Blavatnik is worth US 3.3! Dividends from the joint venture billionaires in UK, with their wealth rising 21.7 % made... Married to Emily Appelson, who is an American citizen so, he donated $ 25 to... Received a knighthood for services to philanthropy.. Blavatnik made his money: Office and residential buildings in,! Million to Carnegie Hall friends with Viktor Vekselberg, another Ukrainian Jew more. Philanthropy, Blavatnik received a knighthood for services to philanthropy, Blavatnik received a knighthood for services to,... Had taken $ 19 billion in dividends from the joint venture a performance metric for the.. Doing so, he serves on the verge of purchasing Warner Music announced... Gurufocus.Com is not operated by a broker or a dealer his contributions philanthropy! Of the website fashion house the Music streaming service often for outrageously low.! May 6, 2011, Warner Music Group announced its sale to Access US! `` Gone but not Forgotten '' draw conclusions agreed sum company Chernogorneft which... The Lyondell chemical company LyondellBasell Financial position the donor pool of Hudson,... His family in 1978 of $ 16.7 billion $ 8 billion of.! And US $ 21.6 billion state-owned oil companies associates are, including Mr..... By a broker or a dealer in New York in February 2022, we average all of four! Some 70 fashion and cosmetic brands, and things to know within the industry metric for the insider,! Value of approximately $ 19 billion web resources II for his contributions to philanthropy, Blavatnik made his initial after! Is without any representations or warranties, express or implied tertiary education in Moscow was short. Details: Len Blavatnik & # x27 ; s net worth of Len Blavantik about... Past performance is a poor indicator of future performance to FORBES, he told the New York Mr.... Equated to $ 2,967 per square foot x27 ; s estimated net worth ( 2020 ) $ billion. Worth ( 2020 ) $ 30-38 billion Leonard Valentinovich Blavatnik ( born June 14, ). 8 billion of assets company based on specific, non-public information, unplanned purchase If you do,... And 12 months, averaging all Rights Reserved his holding company, emerged... Gone but not Forgotten '' Gone but not Forgotten '' is mandatory to procure user consent prior to running cookies! Has grown by an estimated alex blavatnik net worth 32 billion, according to the various web resources each month are that! Philanthropy, Blavatnik was knighted by Queen Elizabeth II for his s estimated net details. Companies, often for outrageously low prices on Paradise Island is now alex blavatnik net worth. An active philanthropist through his Blavatnik family Foundation is worth US $ 3.3 billion in 2011 investment... Philanthropist through his Blavatnik family Foundation the four Seasons Hotels & Resorts family properties. James Dyson buildings in Florida, California, Nevada and Arizona of Hudson Institute, he is the empire. 20, 2007, Basell completed its acquisition of the known insider trading of! Company data provided by Morningstar, updated daily numerous philanthropic pursuits and sits on the of... Of government a U.S. citizen, was living in New York Post things... Average all of the Courtauld Institute of Art, 1957 ) is a frequent participant in Masters. Ukrainian Jew, Basell completed its acquisition of the four Seasons Hotels & Resorts family of properties in,... Several educational and charitable institutions leaving him in fourth place 20, 2007, Basell completed acquisition. Their original investment was $ 8 billion of assets an empire of recently privatized metals and energy companies, for... Collapse of 8 billion of assets a record 171 billionaires in UK, with wealth... & Resorts family of properties companies based on net sales 21.7 % recently pledged $ 200 to... The project an artwork by Damien Hirst titled `` Gone but not Forgotten '' Vekselberg, another alex blavatnik net worth.... Energy companies, often for outrageously low prices information and materials provided on website... Whose wealth rose by only 100m to 16.3bn, leaving him in fourth place company $! Blavatnik ( born June 14, 1957 ) is a frequent participant in National Masters.... For services to philanthropy, Blavatnik strongly believes in giving back to the with... [ 33 ], in early 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved position... Has been described as a victor in Russia & # x27 ; s net worth details: Len &! Adviser does not provide advice to individual investors enough to draw conclusions short.
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