His net worth soared in 2020 when the company got regulatory approval to begin trials of its coronavirus vaccine. 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. 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. Insiders are officers, directors, or significant investors in a company. Net Worth (2022) $32 Billion. The self-made billionaire's wealth has ballooned in recent years thanks to his privately held . Two years ago the billionaire put up $1.8 billion in a second big chemicals bet. sale Early Life Sir Leonard Blavatnik was born on the 14th of June, 1957, in Soviet Ukraine. [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). London-based magnate Sir Leonard Blavatnik tops the UK list with a net worth of 23billion, placing 46th in the global leaderboard. He joined Access Industries in 1996 in order to handle the organizations activities in Russia. 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. This page provides a comprehensive analysis of the known insider trading history of Alex Blavatnik. It is mandatory to procure user consent prior to running these cookies on your website. 2023 Forbes Media LLC. . You may cancel your subscription at anytime by calling Fundamental company data provided by Morningstar, updated daily. the post-purchase plots to be upwardly sloping. [17][20], Blavatnik and Vekselberg initially obtained a stake in the Irkutsk Aluminum Plant. over many years, then we would expect all Also a philanthropist, he serves on the boards of several charitable and educational institutions. ", "Access Industries to Buy Lyondell Chemical", "BP, Russian billionaires, and the Kremlin: a Power Triangle that never was", "A Rocky Road Led to Big Russian Oil Deal", "INTERNATIONAL BUSINESS; Foreign Investors Win Court Order in Russian Oil Case", "Denied Visa, Chief of BP Joint Venture Is Forced to Leave Russia", "Harvard Med Gets Record Gift From Blavatnik to Speed Research", "C&EN's Global Top 50 Chemical Firms For 2014", "LyondellBasell May Seek Chapter 11 Bankruptcy Protection", JPMorgan Chase ordered to pay Blavatnik $50 million in damages, "Len Blavatnik wins $50m in JPMorgan lawsuit", "Warner Music to be sold in $3.3 billion cash deal", "Warner Music Is Sold, Ending a Long Auction", "Access Industries buys Warner Music Group for $3.3bn Music Business Worldwide", "Debt Sinks Warner Earnings, Despite Hits From Bubl and Black Keys", "Deezer takes fight to Spotify with Paris IPO", "Perform Group surges on offer from Access Industries", "Len Blavatnik, Danny Cohen's Access Entertainment Backs Bad Wolf (EXCLUSIVE)", "James Packer has sold his stake in Hollywood film company RatPac Entertainment", "Five suitors in the running for purchase of Time Inc", "Bronfman-backed group walks away from Time Inc", "Billionaire Blavatnik leads race to buy prized West End theatre", "Sir Leonard Blavatnik buys one of London's oldest theatres", "Billionaire Takes Over West End Theater In Record-Breaking Deal", "Blavatnik owns AI Film, the independent film and production company that's behind acclaimed film Lee Daniels' The Butler and the summer 2015 release Mr. Holmes", "Perform Group to de-list as Access Industries takes over", "Len Blavatnik agrees $4.3bn recapitalisation of DAZN", "Len Blavatnik Agrees $4.3 Billion DAZN Recapitalization", "Blavatnik-backed DAZN strike $365m deal with boxer Canelo Alvarez", "DAZN to screen Italian football's top league", "Tycoon's 'Netflix of Sport' Beats Comcast to $3 Billion Deal", "DAZN Tells Leagues It Won't Pay for Games on Hold", "Billionaire Len Blavatnik eyes 400m float", "One of Europe's fastest-growing telecoms companies aims to raise 275m", "Board of Fellows | Harvard Medical School", Academic Boards and Committees: Harvard University, Cambridge University, Tel Aviv University, "Tate Modern names extension after billionaire Len Blavatnik", "Prestigious Blavatnik Awards for Young Scientists in the UK Award 480,000 (~$650,000) to Nine UK-based Scientists", "Sir Leonard Blavatnik's art of giving away a fortune", "Criticism sparks over Russia-linked billionaire Yale donor", Blavatnik donation of 75 million to Oxford University, "Oxford expands with billionaire's 75m gift", "School of Government launched at Oxford University", "Tate Modern names extension to mark donor's record 50m gift", "Harvard University receives $50m from MBA alumnus Len Blavatnik", $50 million donation to Harvard from Blavatnik, "Harvard Business School Names First Blavatnik Fellows in Life Science Entrepreneurship News Harvard Business School", "Billionaire and Science Academy Create Annual Prizes", "With Big Gift, Carnegie to Name Tier of Boxes for Blavatnik Family", "In Miami Beach, a once run-down district gets a bold new start", Harvard Med Gets Record Gift From Blavatnik to Speed Research, "Think Big, Take Risks, and Choose Your Partners Wisely", "Britain's richest man saves 'literary crown jewels', "Britain's richest man Sir Leonard Blavatnik endows photography gallery at the Imperial War Museum", Special counsel probing flow of Russian-American money to Trump political funds, "GOP campaigns took $7.35 million from oligarch linked to Russia", "How Putin's oligarchs funneled millions into GOP campaigns: Campaign finance reports show troubling connections between a group of wealthy donors with ties to Russia and their political contributions to Trump and top Republican leaders", "The simple explanation of the messy Russian investigation is one man's ego: Vladimir Putin is an egotistical leader who has money, power, and a deep desire to protect his wealth by projecting his power", Warner owner Len Blavatnik pumps $1m into anti-Donald Trump group, "Oxford University professor resigns in Donald Trump protest", "Exclusive: Two top Trump officials are ex-lobbyists for a billionaire with deep ties to Russian oligarchs", "Special counsel Robert Mueller is asking Russian oligarchs if they gave money to Trump", "Special counsel probing flow of Russian-American money to Trump political funds", "Did a 'Russian-Linked Oligarch' Fund Pete Buttigieg's Presidential Campaign? He has an estimated net worth of $33 billion. 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. (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.). a net Billionaire financier Len Blavatnik's bet on [96] The couple have four children. [95], Blavatnik is married to Emily Appelson Blavatnik. 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. Gurus may be added or dropped from the GuruFocus site at any time. 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. 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 The money will be used to establish the Blavatnik Art, Film and Photography Galleries. Blavatnik is worth $20.1 billion, rising to prominence after his privately held industrial group, Access Industries, purchased Warner Music Group for $3.3 billion in 2011. Early life and Education Blavatnik was born in Odesa, Soviet Ukraine, to a Jewish circle of relatives. The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. of 18,213,517 shares made by Ai Entertainment Holdings Llc Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. Len Blavatnik made billions as a Kremlin insider. Blavatnik became a U.S. citizen in 1984. Other residents on the street include Israeli and Russian ambassadors. His daughter Debra is the cosmetics empire's president and CEO. [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. [12] He also received the 2017 Samuel Johnson Medal from the school. Mr. Blavatnik has served as a director since July 20, 2011. to the present day. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. Click here to see the complete history of Alex Blavatniks form 4 insider trades. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. His wealth is estimated at $20 billion (2019). You also have the option to opt-out of these cookies. Cucinelli tops forecast with near 30% sales jump in 2022. 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. Net worth: $3.2 billion. 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 Up to this point, AAR had taken $19 billion in dividends from the joint venture. "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. In July 2020, Forbes listed him as the 45th wealthiest person in the world, with a net worth of $25.2 billion. Their original investment was $8 billion of assets. The billionaire is rumored to be bidding for several studios. And US$ 50 million to Harvard University to sponsor life sciences entrepreneurship at the university. 01/09. [84] However, he did not give directly to the Trump campaign. Blavatnik, 64, delivered an initial $10,000 to Hochul's gubernatorial campaign on Nov. 11, then $59,700 on Jan. 12, the filings show. Hence, very little is known about them. Year: 2014. See the list of most profitable insider traders. There was a lot of excitement on Wall Street when the billionaire Len Blavatnik pocketed nearly $2 billion in cash after Warner Music, the world's third-largest record label, completed its. Customer Service. 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. Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. to their financial advantage. This follows on a $50 million gift by the foundation to the university in 2013. So, how much is Sir Leonard Valentinovich Blavatnik networth at the age of 64 years old? The majority of Blavatnik's fortune derives from an 73% stake in Warner Music Group, a record label and entertainment conglomerate. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. In the case of (a), the PURCHASE chart would show "[72], In 2011, Blavatnik donated more than 50 million to the Tate Modern gallery in London the largest donation in the gallery's history. This category only includes cookies that ensures basic functionalities and security features of the website. Louis Dickler [22] In 1999, TNK acquired Sidanco's best assets via bankruptcy proceedings. ", "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. Leonard Blavatnik net worth is 21.1 billion USD Leonard Blavatnik Wiki: Salary, Married, Wedding, Spouse, Family Len Blavatnik is a producer and executive, known for Hacksaw Ridge (2016), The Butler (2013) and Silence (2016). This does not mean In 2014, Blavatnik bought 13-room two-level apartments in Manhattan for $77.5 million. [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. Len Blavatnik Net Worth, Biography, Wife, Age, Height, Weight, and many more details can be checked from this page.Len Blavatnik is a British-American business magnate and philanthropist of Ukrainian Jewish origin who has a net worth is around 33 billion dollars.Although many experts believe that his wealth is around thirty-five billion dollars, most newspapers believe only the figure of . 2004-2023 GuruFocus.com, LLC. $ + tax Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. To be clear, Mr. Blavatnik is not accused of any crimes, in the United States or in Russia. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. [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. 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. The boxes will carry the Blavatnik name until 2066. "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. I wonder if Harvard does. On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. 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 He says there's more to come. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. He was an early investor in Beats Electronics' streaming platform. [55], In June 2018, DAZN paid 600 million for domestic screening rights for Italian Serie A football matches in a three-year deal. I will spend whatever it takes. 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. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security Primary Income source Business. Currently, he oversees Access's operations out of its . You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. Owner of Warner Music, he donated $25 million to Carnegie Hall . 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. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. [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. All Rights Reserved. Blavatnik's ABF6A LLC sold unit 6A at the 18-story luxury condo building at. Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! no insider transaction in Warner Music Group Corp (WMG). [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. In addition, Mr. Blavatnik is engaged in numerous philanthropic pursuits and sits on the boards of several educational and charitable institutions. Non-planned [6], After the collapse of the Soviet Union, Blavatnik bought up former state assets in Russia that were privatized by the government. [57], In October 2018, DAZN signed the largest commercial deal in history with a single athlete when they paid Mexican boxer Saul "Canelo" Alvarez $365 million for the rights to screen 11 fights. 2. For his contributions to philanthropy, Blavatnik was knighted in 2017. Len Blavatnik recently pledged $200 million to Harvard Medical School. But institutions like the Hudson Institute and Harvard, which at least in principle stand for the ethical pursuit of knowledge, sully themselves by accepting it. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. He went public with Warner Music in June 2020 for four times the value after purchasing the company for $3.3 billion in 2011. These cookies will be stored in your browser only with your consent. [82], In February 2022, Blavatnik made a multi-million pound contribution to the Imperial War Museum in London. Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse. Already a member? Stock quotes provided by InterActive Data.
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