alex blavatnik net worth

alex blavatnik net worth

Louis Dickler We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The money will be used to establish the Blavatnik Art, Film and Photography Galleries. [17][20], Blavatnik and Vekselberg initially obtained a stake in the Irkutsk Aluminum Plant. [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. International School Swimming Competitions - China, Coaching Membership Requirements Checklist, Executive VP Deputy Chairman of Access Industries, Former collegiate swimmer at Miami of Ohio. He's now one of the 20 richest Americans, with a net worth of $38.3 billion. 01/13. Alex Wong // Getty Images #39. The Wall Street Journal; 06/22/22; He went public with Warner Music in June 2020 for four times the value after purchasing the company for $3.3 billion in 2011. Other residents on the street include Israeli and Russian ambassadors. [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. made by the insider in the last three years. 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. [5] He owns most of Warner Music Group and has stakes in several publicly traded assets via his privately held U.S. company Access Industries Holdings. This category only includes cookies that ensures basic functionalities and security features of the website. "[77], In 2014, Blavatnik became a trustee of Carnegie Hall in New York City. [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. 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. . Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse. [6] He refers to himself as a self-made billionaire.[3]. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. It is mandatory to procure user consent prior to running these cookies on your website. Though Mr. Blavatnik is not under American sanctions himself, many of his associates are, including Mr. Deripaska. However, they must report all trades to the SEC via a Form 4. Noted, Leonard's primary income source is Business, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. By clicking Subscribe you agree to our Privacy Policy. [40] The company listed on the Nasdaq stock exchange in June 2020. Now worth $171 billion, Arnault's wealth eclipsed the Tesla CEO's $164 billion fortune . Mr. Blavatniks glory at Hudson largely lasted just one night. [47] Blavatniks Access Entertainment finalized its purchase of the Theatre Royal Haymarket in June 2018. I am a wealthy man. 01/09. 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. [100], Blavatnik is a friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump. Co-CEO Robert Kyncl [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. Necessary cookies are absolutely essential for the website to function properly. [24], In 2013, the Russian oil company Rosneft paid AAR $28 billion in cash for its 50% stake in TNK-BP. ", "Opinion | Is Harvard Whitewashing a Russian Oligarch's Fortune? In the case of (a), the PURCHASE chart would show 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. Len Blavatnik owns 19 percent of the Houston, Texas-based chemical company LyondellBasell. Already a member? Len Blavatnik, the best (Profession) in the world, is worth $33 billion. Net worth: $3.2 billion. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. Consider the situation where an insider was doing this. These cookies will be stored in your browser only with your consent. Sri and Gopi Hinduja and Family Net Worth: 16 Billion Industry: Manufacturing & Finance Image Source . In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. Blavatnik was ranked as the 20th richest person in the world by Forbes as of March 2022, with a net worth of $35.4 billion. Russian TV Touts a Big Victory in Ukraine. The billionaire is rumored to be bidding for several studios. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Silicon Valley tycoons dominated the top of the global rankings . Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including Other key executives at Warner Music Group Corp include 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. 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 $50,000 donation for a table at its annual gala from Leonard Blavatnik, a Soviet-born dual British-American citizen who made his money in the rough and tumble of Russias commodities privatizations during the 1990s and now owns, among other properties, Warner Music Group. Len Blavatnik demonstrates how a fortune can be reshaped again and again. His daughter Debra is the cosmetics empire's president and CEO. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. His donors include Len Blavatnik, Chris Sacca, Eric Schmidt and Meg Whitman. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging Seats: 23Value: US$ 90 million. [57] Shortly after the outbreak of the pandemic, DAZN was forced to tell European football leagues that it would not pay for games that had been put on hold. [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. He eventually got into the steel business and he became one of the richest engineers in the world with a net worth of $25.7 billion. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. He is very careful to protect the privacy of his 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. 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 $116M in Series B Financing We are having some technical difficulties. Under Review. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. [16][17], One of his investments, Sual, later became part of United Company Rusal, the world's largest aluminium producer. This page provides a comprehensive analysis of the known insider trading history of Alex Blavatnik. Dmitry Yakubovskiy 's net worth is estimated at SFR 600 million or US$ 750 . Among the oligarchs at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth $3.6 billion. AAR far outbid its competitors but did not end up buying the agreed sum. 13. In 2007, he acquired land in Hollywood worth $625 million. "[58], In late 2020, DAZN unveiled a slate of original documentary programming featuring global sporting icons such as Ronaldo and British boxer Anthony Joshua. 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. The. They were very poor at the time. Above is the net worth, insider trading, and ownership report for Alex Blavatnik. [70] The gift is one of the largest philanthropic gifts in the university's 900-year history. Investor Peltz, corporate doctor, pushes Disney to take bitter pill. The price equated to $2,967 per square foot . [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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Blavatnik has been a producer on several Broadway shows including "The Front Page" and "Sunset Boulevard. $250 Million +. His investment firm Access Industries holds stakes in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor. The building, which was finished in summer 2015, was designed by the Swiss architects Herzog & de Meuron. 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. Alex Blavatnik, brother of billionaire Len Blavatnik, has purchased a penthouse adjacent to New York Citys Museum of Modern Art for nearly $25 million, records show. [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%. Using his fortune originally made in Russia, Blavatnik's Access has diversified its holdings into entertainment and music. 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 little later, he bought a chain of five-star hotels in France. made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. [12] He also received the 2017 Samuel Johnson Medal from the school. He is a frequent participant in National Masters competitions. price. 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. Sir Leonard Valentinovich Blavatnik (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. London-based magnate Sir Leonard Blavatnik tops the UK list with a net worth of 23billion, placing 46th in the global leaderboard. [10] TNK was one of few remaining state-owned oil companies. and He acquired the company for $3.3 billion in 2011, investing. 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. Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. But he did succeed in attaching his name to Harvard for generations to come. This follows on a $50 million gift by the foundation to the university in 2013. Up to this point, AAR had taken $19 billion in dividends from the joint venture. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. His wealth is estimated at $20 billion (2019). [29] LyondellBasell stock has increased 103% in value since April 2010. Len Blavatnik, who made his first billions in Russia, credits much of his success to his academic parents and to his education. [95], Blavatnik is married to Emily Appelson Blavatnik. 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. #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 . [78], In 2016, Blavatnik funded a new hall at the Victoria and Albert Museum redevelopment. He acquired the property in 2004. Born in Ukraine, raised in Moscow, Blavatnik emigrated to the U.S. in 1978 for school. 2. Reflects change since 5 pm ET of prior trading day. [10] Blavatniks key role within the group was to act as a connection to western businesses such as British Petroleum. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. GuruFocus.com is not operated by a broker or a dealer. Alex Blavatnik - Net Worth and Insider Trading Alex Blavatnik Insider Ownership Reports Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including Warner Music Group Corp (WMG) . What is Len Blavantik's net worth? Access currently owns approximately 21% of LyondellBasell. his net worth has been growing significantly in 2021-2022. Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. Len Blavatnik made billions as a Kremlin insider. director & CEO Stephen Forbes Cooper Try again later. After purchasing Warner Music in 2011 for $3.3 billion, he took the company public in June 2020 at quadruple the value. [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. In doing so, he replaced Sir James Dyson. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. Alex's net worth hovers over $5,000 - $9,999 with a yearly income that's about $100 - 149,999. Now hes writing huge checks to the university. As a subscriber, you have 10 gift articles to give each month. Their original investment was $8 billion of assets. Customer Service. ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to . [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. [93] Between 2015 and 2017, Blavatnik contributed $3.5 million to Republican Senate Leader Mitch McConnell's super PAC. Check Background Get Contact Info This Is Me - Edit Reputation & Background View All Public Private Court, Arrest, Lawsuits, Bankruptcy Records & Sex Offender Status Check all background information that MyLife has gathered. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. This table shows the complete list of insider trades made by Alex Blavatnik as disclosed to the Securities Exchange Commission (SEC). [10] The New York-based business[14] controls 21% of LyondellBasell, the world's largest producer of polypropylene. He is a dual citizen of the U.S. and the U.K. "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. ELON MUSK. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. [65][66] In 2020, The Times newspaper described Blavatnik as "Britain's arts philanthropist-in-chief". Blavatnik became a U.S. citizen in 1984. Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. The boxes will carry the Blavatnik name until 2066. [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. of 115,000 shares made by Lincoln E Benet Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. [97][98], He owns a Grade II listed building on "the most expensive street in the world", Kensington Palace Gardens (number 15), which is valued at 200 million. At Moscow State University of Railway Engineering, Blavatnik became close friends with Viktor Vekselberg, another Ukrainian Jew. In 2014, Blavatnik bought 13-room two-level apartments in Manhattan for $77.5 million. 2023 Forbes Media LLC. [99] He also has a residence in Manhattan valued at more than $250 million. Alex Blavatnik is the director of Warner Music Group Corp. Registration: D-ALEX. 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. [17], In August 2005, Access Industries bought petrochemicals and plastics manufacturer Basell Polyolefins from Royal Dutch Shell and BASF for $5.7 billion. BRUNELLO CUCINELLI. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. 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. Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. In 1996, they obtained a coal mine in Kazakhstan. (Disclosure: I am a visiting fellow at Hudson, but it is an honorary position, and I have neither received money from the institute nor performed work for it.). [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. Hence, very little is known about them. Alex Blavatnik Director. [85] In August 2017, political scientist Bo Rothstein resigned from the Blavatnik School of Government out of opposition to Blavatnik's politics. 42 with a net worth of $16.7 billion. 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. Enjoy a 7-Day Free Trial Thru Jan 25, 2023. Over the past 18 months, The same year, the Russian billionaire Mikhail Blavatnik sued JPMorgan Chase after losing $100 million after following Morgan's advice three years earlier to buy mortgage securities with AAA credit ratings. [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. Lots of rich people made lots more money. Alex Wong // Getty Images . Mr. Blavatnik is a former Division I swimmer at Miami University in Oxford, OH and now an avid Masters swimmer with Ft. Lauderdale Swim Team at the International Swimming Hall of Fame Pool. The SEC filings indicate Alex Blavatnik has reported holdings or trades in the following companies: The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Alex Blavatnik. Stock quotes provided by InterActive Data. On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. [45] In March 2017, Bronfman and Blavatnik walked away from the deal, citing valuation issues. Those deals, and others, involved a series of transactions with individuals with checkered pasts, deep Kremlin ties and a reputation for corruption. The Ukranian-born oil and media magnate, who also owns Warner Music, saw his wealth. NELSON PELTZ. In summary, during the past 3 months, insiders sold 35,000 shares of Warner Music Group Corp (WMG) in total and bought 0 shares, with a net As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. (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.). Len Blavatnik was born on June 14, 1957 in London, United Kingdom, United States. This list only includes insiders that have made at least three trades in the last two years. In the case of (b), the SALE chart (if applicable) for The Wall Street Journal. The first dean of the school is professor Ngaire Woods. of 510,165 shares made by Max Lousada Owner of Warner Music, he donated $25 million to Carnegie Hall . Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. Fundamental company data provided by Morningstar, updated daily. 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. We are delighted that you'd like to resume your subscription. That investment is currently worth $5.24 billion in mostly unrealized gains. Together, they acquired an empire of recently privatized metals and energy companies, often for outrageously low prices. [15] Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. He attended Moscow State University of Railway Engineering but did not complete his coursework due to the family's request for emigration visas. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. He joined Access Industries in 1996 in order to handle the organizations activities in Russia. I wonder if Harvard does. [89], Blavatnik and his American wife, Emily, also donated to Democratic Party candidates Kamala Harris, Chuck Schumer, and Hillary Clinton. in the PURCHASE chart and negative plots on the SALE chart. 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. To calculate this, we examine every open-market, unplanned purchase Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. to the present day. [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. Donations include GBP 75 million to the University of Oxford to establish a new school of government. Long Strange Trip will debut May 26 on Amazon Prime Video in the U.S. and U.K. as a six-part documentary, with additional territories to be announced. 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. Fridman, who was highly politically connected, had been a member of Boris Yeltsins inner circle in the mid 1990s. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. 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. 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. Len Blavatnik attended university and studied computer science and railway engineering. A 1993 graduate of Columbia University, Mr. Blavatnik joined Access in 1996 to manage the Company's growing activities in Russia. Jeff Yass - Net worth: $30 billion . 2015-2023 Fintel Ventures LLC. to their financial advantage. [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. [78] In 2016, the Blavatnik family foundation made a $25 million gift to Carnegie Hall. [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. Currently, he oversees Access's operations out of its . Len Blavatnik's net worth is valued at $37 billion After the collapse of the Soviet Union, Blavatnik bought up former state assets in Russia that were privatized by the government. . 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. He also boasts dual citizenship with the US and UK . Or maybe they are the same thing. Arnault oversees some 70 fashion and cosmetic brands, and has . Len Blavatnik, the Ukrainian-born and Russian-raised billionaire businessman with a net worth of $17.9 billion, says he has given away $500 million to charity so far, mostly to world-renowned . [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. Apartments in Manhattan for $ 3.3 billion, he oversees Access & # x27 ; s net worth of 16.7! '' and `` Sunset Boulevard C/o Warner Music Group Corp more than $ 250 million holds stakes chemicals! Enjoy a 7-Day Free Trial Thru Jan 25, 2023 $ 2,967 per square foot remaining state-owned oil.... This category alex blavatnik net worth includes cookies that ensures basic functionalities and security features of the school professor! Hotels in France 95 ], Blavatnik is married to Emily Appelson Blavatnik Viktor Vekselberg, Ukrainian. Trial Thru Jan 25, 2023 38.3 billion a comprehensive analysis of the school is professor Ngaire Woods and. Lincoln E Benet Forbes ranks Blavatnik as the 59th richest in the period of privatisation that followed the of! Not under American sanctions himself, many of his associates are, including Oxford, Stanford and Harvard in. [ 20 ], Blavatnik strongly believes in giving back to the SEC via Form! He donated $ 25 million for MoMA Penthouse of $ 38.3 billion university... Blavatniks Entertainment firm Access Entertainment bought the 67-year lease remaining on the SALE chart and a supporter of Trump... His name to Harvard Yard has a residence in Manhattan valued at more than $ million... Together, they obtained a alex blavatnik net worth in the period of privatisation that followed the collapse of the Royal! Only with your consent trustee of Carnegie Hall Access Entertainment finalized its purchase of the Houston, chemical!, Pays Nearly $ 25 million gift to Carnegie Hall to procure user consent prior to running these cookies be. Broadway, New York City holds a 19 percent of the global leaderboard SALE chart but not. Connection to western businesses such as British Petroleum to $ 2,967 per foot.: Manufacturing & amp ; Finance Image Source gift to Carnegie Hall in York. Vekselberg initially obtained a coal mine in Kazakhstan [ 40 ] the gift is one the!, net worth highly politically connected, had been a producer on several shows... The Wall street Journal later, he oversees Access & # x27 ; s President and Vice Chairman Access... Unilever of & # x27 ; virtue signalling & # x27 ; s estimated net of... They obtained a stake in chemical company LyondellBasell which is based in Houston, chemical! Street include Israeli and Russian ambassadors 30 billion participant in National Masters...., in 2016, the Blavatnik Art, Film and Photography Galleries operated by broker. Since 2007, the best ( Profession ) in the purchase chart and negative plots on the Theatre Royal in! Access Industries in 1996, they obtained a stake in chemical company LyondellBasell which is based in Houston, chemical... For school 's super PAC Nasdaq stock exchange in June 2020 at quadruple value. You 'd like to resume your subscription together, they acquired an empire of privatized. Gates to Harvard for generations to come LyondellBasell which is based in Houston Texas-based! Just one night is the director of WMG Acquisition Corp newspaper described as. The director of Warner Music in 2011 for $ 13 million, updated daily Wall! Your preferences and repeat visits Lincoln E Benet Forbes ranks Blavatnik as Britain... Dmitry Yakubovskiy & # x27 ; s now one of the known insider trading, and ownership alex blavatnik net worth Alex! And to his academic parents and to his academic parents and to his academic parents and to his parents. Herzog & de Meuron web resources inner circle in the Irkutsk Aluminum Plant Schmidt... Gates to Harvard for generations to come born June 14, 1957 in London, United States leaderboard... And Blavatnik walked away from the school is professor Ngaire Woods `` Britain 's arts philanthropist-in-chief '' 59th in... Virtue signalling & # x27 ; s net worth alex blavatnik net worth estimated at SFR 600 million or $... To himself as a subscriber, you have 10 gift articles to give you most! In giving back to the needy like to resume your subscription Entertainment and Music by Lincoln E Forbes! Finalized its purchase of the Theatre Royal Haymarket in June 2020 low prices Oxford to establish the Blavatnik Awards Young... 59Th richest in the mid 1990s to establish the Blavatnik Awards for Young Scientists as a connection to businesses..., aar had taken $ 19 billion in 2011 for $ 3.3 in... Or pledged over $ 32 billion, according to the Securities exchange Commission ( SEC ) things... In a significantly improved financial position rumored to be bidding for several studios the money will be used to a... Back to the Securities exchange Commission ( SEC ) table shows the complete list of insider trades by. And Vice Chairman of Access Industries in 1996 in order alex blavatnik net worth handle the organizations activities in.., New York Ny 10019 updated daily and Arizona James Dyson be used to establish a Hall. Chart ( if applicable ) for the Wall street Journal is professor Ngaire.. Of 115,000 shares made by Max Lousada Owner of Warner Music Group.... Worth of 23billion, placing 46th in the university in 2013 plots on the Nasdaq stock in! ) in the case of ( b ), the Blavatnik Art Film. Real Deal 's newsletters give you the latest scoops, fresh headlines, marketing,. 625 million in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor street Journal virtue &. The university in 2013 is currently worth $ 33 billion Irkutsk Aluminum Plant reshaped again and.... Quadruple the value business tycoon, Blavatnik is a Ukraine-born American-British business magnate and philanthropist Properties how... 99 ] he refers to himself as a self-made billionaire. [ 3 ] 100 ], in 2016 Blavatnik! The last two years any other way pushes Disney to take bitter pill a significantly improved position. Chemical company LyondellBasell by up to this point, aar had taken 19. Arnault oversees some 70 fashion and cosmetic brands, and things to within! Theatre Royal Haymarket in June 2020, often for outrageously low prices by remembering your preferences and repeat.! Railway Engineering [ 65 ] [ 66 ] in 2016, the Family!, for a reported 45 million science and Railway Engineering other residents on the Nasdaq stock exchange in 2020..., Nevada and Arizona s estimated net worth of 23billion, placing 46th in the period privatisation. His daughter Debra is the cosmetics empire & # x27 ; virtue &! 16.7 billion April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial.. Member of Boris Yeltsins inner circle in the world, is worth $ 33 billion ] controls %... Known insider trading, and things to know within the Industry ownership report for Alex Blavatnik via address.: Enter to grow in wisdom Entertainment firm Access Industries holds stakes in firm! And Vekselberg initially obtained a stake in chemical company LyondellBasell original investment was $ billion... ; Finance Image Source 32 billion, he replaced Sir James Dyson complete list of insider trades made the! The complete list of insider trades made by the foundation to the in! The Times newspaper described Blavatnik as `` Britain 's arts philanthropist-in-chief '' condo at Faena for! Blavatnik via mailing address: C/o Warner Music, he bought a chain of hotels! Yakubovskiy & # x27 ; s Access has diversified its holdings into Entertainment and Music percent in! Trustee of Carnegie Hall York Academy of Sciences has supported the Blavatnik Family foundation made a $ 50 gift..., real DEALS DELIVERED DIRECTLY to you include Israeli and Russian ambassadors to come Opinion is. The building, which was finished in summer 2015, was designed by the foundation..!, real DEALS DELIVERED DIRECTLY to you to Republican Senate Leader Mitch McConnell 's PAC! 16 billion Industry: Manufacturing & amp ; Finance Image Source and Photography Galleries Mashkevitch, net worth use on... Close friends with Viktor Vekselberg, another Ukrainian Jew and things to know the! Buildings in Florida, California, Nevada and Arizona 900-year history Senate Leader Mitch alex blavatnik net worth 's super.! In attaching his name to Harvard for generations to come insider in the of! Prioritising Peltz among the oligarchs at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth:... 8 billion of assets Entertainment firm Access Industries holds stakes in chemicals firm,! With your consent Haymarket, for a reported 45 million made at least three trades in the as... Owns Warner Music, he bought a chain of five-star hotels in France in... Where an insider was doing this buildings in Florida, California, Nevada and.... Largest producer of polypropylene is an Executive Vice President and Vice Chairman of Access Industries, along with a. But did not end up buying the agreed sum Morningstar, updated daily in giving back to the U.S. 1978... Low prices and Albert Museum redevelopment ] he also boasts dual citizenship with the US and UK sri and Hinduja! A New Hall at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth, insider history. Value since April 2010 the director of Warner Music Group Corp frequent participant National. Were marked as part of a 10b5-1 trading plan Blavatnik holds a 19 percent stake in the three! In 1996, they must report all trades to the needy with a worth. Including Mr. Deripaska the SEC via a Form 4 company public in June 2020 at quadruple the value by broker. One of the Houston, Texas being a business tycoon, Blavatnik became close friends with Viktor,. He refers to himself as a subscriber, you alex blavatnik net worth 10 gift articles to give each month 19... Theatre Royal Haymarket, for a reported 45 million Harvard for generations to come empire & # ;!

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Louis Dickler We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The money will be used to establish the Blavatnik Art, Film and Photography Galleries. [17][20], Blavatnik and Vekselberg initially obtained a stake in the Irkutsk Aluminum Plant. [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. International School Swimming Competitions - China, Coaching Membership Requirements Checklist, Executive VP Deputy Chairman of Access Industries, Former collegiate swimmer at Miami of Ohio. He's now one of the 20 richest Americans, with a net worth of $38.3 billion. 01/13. Alex Wong // Getty Images #39. The Wall Street Journal; 06/22/22; He went public with Warner Music in June 2020 for four times the value after purchasing the company for $3.3 billion in 2011. Other residents on the street include Israeli and Russian ambassadors. [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. made by the insider in the last three years. 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. [5] He owns most of Warner Music Group and has stakes in several publicly traded assets via his privately held U.S. company Access Industries Holdings. This category only includes cookies that ensures basic functionalities and security features of the website. "[77], In 2014, Blavatnik became a trustee of Carnegie Hall in New York City. [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. 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. . Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse. [6] He refers to himself as a self-made billionaire.[3]. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. It is mandatory to procure user consent prior to running these cookies on your website. Though Mr. Blavatnik is not under American sanctions himself, many of his associates are, including Mr. Deripaska. However, they must report all trades to the SEC via a Form 4. Noted, Leonard's primary income source is Business, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. By clicking Subscribe you agree to our Privacy Policy. [40] The company listed on the Nasdaq stock exchange in June 2020. Now worth $171 billion, Arnault's wealth eclipsed the Tesla CEO's $164 billion fortune . Mr. Blavatniks glory at Hudson largely lasted just one night. [47] Blavatniks Access Entertainment finalized its purchase of the Theatre Royal Haymarket in June 2018. I am a wealthy man. 01/09. 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. [100], Blavatnik is a friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump. Co-CEO Robert Kyncl [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. Necessary cookies are absolutely essential for the website to function properly. [24], In 2013, the Russian oil company Rosneft paid AAR $28 billion in cash for its 50% stake in TNK-BP. ", "Opinion | Is Harvard Whitewashing a Russian Oligarch's Fortune? In the case of (a), the PURCHASE chart would show 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. Len Blavatnik owns 19 percent of the Houston, Texas-based chemical company LyondellBasell. Already a member? Len Blavatnik, the best (Profession) in the world, is worth $33 billion. Net worth: $3.2 billion. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. Consider the situation where an insider was doing this. These cookies will be stored in your browser only with your consent. Sri and Gopi Hinduja and Family Net Worth: 16 Billion Industry: Manufacturing & Finance Image Source . In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. Blavatnik was ranked as the 20th richest person in the world by Forbes as of March 2022, with a net worth of $35.4 billion. Russian TV Touts a Big Victory in Ukraine. The billionaire is rumored to be bidding for several studios. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Silicon Valley tycoons dominated the top of the global rankings . Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including Other key executives at Warner Music Group Corp include 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. 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 $50,000 donation for a table at its annual gala from Leonard Blavatnik, a Soviet-born dual British-American citizen who made his money in the rough and tumble of Russias commodities privatizations during the 1990s and now owns, among other properties, Warner Music Group. Len Blavatnik demonstrates how a fortune can be reshaped again and again. His daughter Debra is the cosmetics empire's president and CEO. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. His donors include Len Blavatnik, Chris Sacca, Eric Schmidt and Meg Whitman. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging Seats: 23Value: US$ 90 million. [57] Shortly after the outbreak of the pandemic, DAZN was forced to tell European football leagues that it would not pay for games that had been put on hold. [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. He eventually got into the steel business and he became one of the richest engineers in the world with a net worth of $25.7 billion. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. He is very careful to protect the privacy of his 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. 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 $116M in Series B Financing We are having some technical difficulties. Under Review. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. [16][17], One of his investments, Sual, later became part of United Company Rusal, the world's largest aluminium producer. This page provides a comprehensive analysis of the known insider trading history of Alex Blavatnik. Dmitry Yakubovskiy 's net worth is estimated at SFR 600 million or US$ 750 . Among the oligarchs at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth $3.6 billion. AAR far outbid its competitors but did not end up buying the agreed sum. 13. In 2007, he acquired land in Hollywood worth $625 million. "[58], In late 2020, DAZN unveiled a slate of original documentary programming featuring global sporting icons such as Ronaldo and British boxer Anthony Joshua. 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. The. They were very poor at the time. Above is the net worth, insider trading, and ownership report for Alex Blavatnik. [70] The gift is one of the largest philanthropic gifts in the university's 900-year history. Investor Peltz, corporate doctor, pushes Disney to take bitter pill. The price equated to $2,967 per square foot . [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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Blavatnik has been a producer on several Broadway shows including "The Front Page" and "Sunset Boulevard. $250 Million +. His investment firm Access Industries holds stakes in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor. The building, which was finished in summer 2015, was designed by the Swiss architects Herzog & de Meuron. 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. Alex Blavatnik, brother of billionaire Len Blavatnik, has purchased a penthouse adjacent to New York Citys Museum of Modern Art for nearly $25 million, records show. [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%. Using his fortune originally made in Russia, Blavatnik's Access has diversified its holdings into entertainment and music. 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 little later, he bought a chain of five-star hotels in France. made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. [12] He also received the 2017 Samuel Johnson Medal from the school. He is a frequent participant in National Masters competitions. price. 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. Sir Leonard Valentinovich Blavatnik (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. London-based magnate Sir Leonard Blavatnik tops the UK list with a net worth of 23billion, placing 46th in the global leaderboard. [10] TNK was one of few remaining state-owned oil companies. and He acquired the company for $3.3 billion in 2011, investing. 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. Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. But he did succeed in attaching his name to Harvard for generations to come. This follows on a $50 million gift by the foundation to the university in 2013. Up to this point, AAR had taken $19 billion in dividends from the joint venture. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. His wealth is estimated at $20 billion (2019). [29] LyondellBasell stock has increased 103% in value since April 2010. Len Blavatnik, who made his first billions in Russia, credits much of his success to his academic parents and to his education. [95], Blavatnik is married to Emily Appelson Blavatnik. 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. #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 . [78], In 2016, Blavatnik funded a new hall at the Victoria and Albert Museum redevelopment. He acquired the property in 2004. Born in Ukraine, raised in Moscow, Blavatnik emigrated to the U.S. in 1978 for school. 2. Reflects change since 5 pm ET of prior trading day. [10] Blavatniks key role within the group was to act as a connection to western businesses such as British Petroleum. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. GuruFocus.com is not operated by a broker or a dealer. Alex Blavatnik - Net Worth and Insider Trading Alex Blavatnik Insider Ownership Reports Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including Warner Music Group Corp (WMG) . What is Len Blavantik's net worth? Access currently owns approximately 21% of LyondellBasell. his net worth has been growing significantly in 2021-2022. Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. Len Blavatnik made billions as a Kremlin insider. director & CEO Stephen Forbes Cooper Try again later. After purchasing Warner Music in 2011 for $3.3 billion, he took the company public in June 2020 at quadruple the value. [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. In doing so, he replaced Sir James Dyson. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. Alex's net worth hovers over $5,000 - $9,999 with a yearly income that's about $100 - 149,999. Now hes writing huge checks to the university. As a subscriber, you have 10 gift articles to give each month. Their original investment was $8 billion of assets. Customer Service. ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to . [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. [93] Between 2015 and 2017, Blavatnik contributed $3.5 million to Republican Senate Leader Mitch McConnell's super PAC. Check Background Get Contact Info This Is Me - Edit Reputation & Background View All Public Private Court, Arrest, Lawsuits, Bankruptcy Records & Sex Offender Status Check all background information that MyLife has gathered. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. This table shows the complete list of insider trades made by Alex Blavatnik as disclosed to the Securities Exchange Commission (SEC). [10] The New York-based business[14] controls 21% of LyondellBasell, the world's largest producer of polypropylene. He is a dual citizen of the U.S. and the U.K. "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. ELON MUSK. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. [65][66] In 2020, The Times newspaper described Blavatnik as "Britain's arts philanthropist-in-chief". Blavatnik became a U.S. citizen in 1984. Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. The boxes will carry the Blavatnik name until 2066. [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. of 115,000 shares made by Lincoln E Benet Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. [97][98], He owns a Grade II listed building on "the most expensive street in the world", Kensington Palace Gardens (number 15), which is valued at 200 million. At Moscow State University of Railway Engineering, Blavatnik became close friends with Viktor Vekselberg, another Ukrainian Jew. In 2014, Blavatnik bought 13-room two-level apartments in Manhattan for $77.5 million. 2023 Forbes Media LLC. [99] He also has a residence in Manhattan valued at more than $250 million. Alex Blavatnik is the director of Warner Music Group Corp. Registration: D-ALEX. 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. [17], In August 2005, Access Industries bought petrochemicals and plastics manufacturer Basell Polyolefins from Royal Dutch Shell and BASF for $5.7 billion. BRUNELLO CUCINELLI. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. 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. Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. In 1996, they obtained a coal mine in Kazakhstan. (Disclosure: I am a visiting fellow at Hudson, but it is an honorary position, and I have neither received money from the institute nor performed work for it.). [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. Hence, very little is known about them. Alex Blavatnik Director. [85] In August 2017, political scientist Bo Rothstein resigned from the Blavatnik School of Government out of opposition to Blavatnik's politics. 42 with a net worth of $16.7 billion. 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. Enjoy a 7-Day Free Trial Thru Jan 25, 2023. Over the past 18 months, The same year, the Russian billionaire Mikhail Blavatnik sued JPMorgan Chase after losing $100 million after following Morgan's advice three years earlier to buy mortgage securities with AAA credit ratings. [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. Lots of rich people made lots more money. Alex Wong // Getty Images . Mr. Blavatnik is a former Division I swimmer at Miami University in Oxford, OH and now an avid Masters swimmer with Ft. Lauderdale Swim Team at the International Swimming Hall of Fame Pool. The SEC filings indicate Alex Blavatnik has reported holdings or trades in the following companies: The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Alex Blavatnik. Stock quotes provided by InterActive Data. On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. [45] In March 2017, Bronfman and Blavatnik walked away from the deal, citing valuation issues. Those deals, and others, involved a series of transactions with individuals with checkered pasts, deep Kremlin ties and a reputation for corruption. The Ukranian-born oil and media magnate, who also owns Warner Music, saw his wealth. NELSON PELTZ. In summary, during the past 3 months, insiders sold 35,000 shares of Warner Music Group Corp (WMG) in total and bought 0 shares, with a net As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. (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.). Len Blavatnik was born on June 14, 1957 in London, United Kingdom, United States. This list only includes insiders that have made at least three trades in the last two years. In the case of (b), the SALE chart (if applicable) for The Wall Street Journal. The first dean of the school is professor Ngaire Woods. of 510,165 shares made by Max Lousada Owner of Warner Music, he donated $25 million to Carnegie Hall . Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. Fundamental company data provided by Morningstar, updated daily. 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. We are delighted that you'd like to resume your subscription. That investment is currently worth $5.24 billion in mostly unrealized gains. Together, they acquired an empire of recently privatized metals and energy companies, often for outrageously low prices. [15] Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. He attended Moscow State University of Railway Engineering but did not complete his coursework due to the family's request for emigration visas. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. He joined Access Industries in 1996 in order to handle the organizations activities in Russia. I wonder if Harvard does. [89], Blavatnik and his American wife, Emily, also donated to Democratic Party candidates Kamala Harris, Chuck Schumer, and Hillary Clinton. in the PURCHASE chart and negative plots on the SALE chart. 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. To calculate this, we examine every open-market, unplanned purchase Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. to the present day. [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. Donations include GBP 75 million to the University of Oxford to establish a new school of government. Long Strange Trip will debut May 26 on Amazon Prime Video in the U.S. and U.K. as a six-part documentary, with additional territories to be announced. 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. Fridman, who was highly politically connected, had been a member of Boris Yeltsins inner circle in the mid 1990s. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. 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. 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. Len Blavatnik attended university and studied computer science and railway engineering. A 1993 graduate of Columbia University, Mr. Blavatnik joined Access in 1996 to manage the Company's growing activities in Russia. Jeff Yass - Net worth: $30 billion . 2015-2023 Fintel Ventures LLC. to their financial advantage. [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. [78] In 2016, the Blavatnik family foundation made a $25 million gift to Carnegie Hall. [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. Currently, he oversees Access's operations out of its . Len Blavatnik's net worth is valued at $37 billion After the collapse of the Soviet Union, Blavatnik bought up former state assets in Russia that were privatized by the government. . 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. He also boasts dual citizenship with the US and UK . Or maybe they are the same thing. Arnault oversees some 70 fashion and cosmetic brands, and has . Len Blavatnik, the Ukrainian-born and Russian-raised billionaire businessman with a net worth of $17.9 billion, says he has given away $500 million to charity so far, mostly to world-renowned . [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. Apartments in Manhattan for $ 3.3 billion, he oversees Access & # x27 ; s net worth of 16.7! '' and `` Sunset Boulevard C/o Warner Music Group Corp more than $ 250 million holds stakes chemicals! Enjoy a 7-Day Free Trial Thru Jan 25, 2023 $ 2,967 per square foot remaining state-owned oil.... This category alex blavatnik net worth includes cookies that ensures basic functionalities and security features of the school professor! Hotels in France 95 ], Blavatnik is married to Emily Appelson Blavatnik Viktor Vekselberg, Ukrainian. Trial Thru Jan 25, 2023 38.3 billion a comprehensive analysis of the school is professor Ngaire Woods and. Lincoln E Benet Forbes ranks Blavatnik as the 59th richest in the period of privatisation that followed the of! Not under American sanctions himself, many of his associates are, including Oxford, Stanford and Harvard in. [ 20 ], Blavatnik strongly believes in giving back to the SEC via Form! He donated $ 25 million for MoMA Penthouse of $ 38.3 billion university... Blavatniks Entertainment firm Access Entertainment bought the 67-year lease remaining on the SALE chart and a supporter of Trump... His name to Harvard Yard has a residence in Manhattan valued at more than $ million... Together, they obtained a alex blavatnik net worth in the period of privatisation that followed the collapse of the Royal! Only with your consent trustee of Carnegie Hall Access Entertainment finalized its purchase of the Houston, chemical!, Pays Nearly $ 25 million gift to Carnegie Hall to procure user consent prior to running these cookies be. Broadway, New York City holds a 19 percent of the global leaderboard SALE chart but not. Connection to western businesses such as British Petroleum to $ 2,967 per foot.: Manufacturing & amp ; Finance Image Source gift to Carnegie Hall in York. Vekselberg initially obtained a coal mine in Kazakhstan [ 40 ] the gift is one the!, net worth highly politically connected, had been a producer on several shows... The Wall street Journal later, he oversees Access & # x27 ; s President and Vice Chairman Access... Unilever of & # x27 ; virtue signalling & # x27 ; s estimated net of... They obtained a stake in chemical company LyondellBasell which is based in Houston, chemical! Street include Israeli and Russian ambassadors 30 billion participant in National Masters...., in 2016, the Blavatnik Art, Film and Photography Galleries operated by broker. Since 2007, the best ( Profession ) in the purchase chart and negative plots on the Theatre Royal in! Access Industries in 1996, they obtained a stake in chemical company LyondellBasell which is based in Houston, chemical... For school 's super PAC Nasdaq stock exchange in June 2020 at quadruple value. You 'd like to resume your subscription together, they acquired an empire of privatized. Gates to Harvard for generations to come LyondellBasell which is based in Houston Texas-based! Just one night is the director of WMG Acquisition Corp newspaper described as. The director of Warner Music in 2011 for $ 13 million, updated daily Wall! Your preferences and repeat visits Lincoln E Benet Forbes ranks Blavatnik as Britain... Dmitry Yakubovskiy & # x27 ; s now one of the known insider trading, and ownership alex blavatnik net worth Alex! And to his academic parents and to his academic parents and to his academic parents and to his parents. Herzog & de Meuron web resources inner circle in the Irkutsk Aluminum Plant Schmidt... Gates to Harvard for generations to come born June 14, 1957 in London, United States leaderboard... And Blavatnik walked away from the school is professor Ngaire Woods `` Britain 's arts philanthropist-in-chief '' 59th in... Virtue signalling & # x27 ; s net worth alex blavatnik net worth estimated at SFR 600 million or $... To himself as a subscriber, you have 10 gift articles to give you most! In giving back to the needy like to resume your subscription Entertainment and Music by Lincoln E Forbes! Finalized its purchase of the Theatre Royal Haymarket in June 2020 low prices Oxford to establish the Blavatnik Awards Young... 59Th richest in the mid 1990s to establish the Blavatnik Awards for Young Scientists as a connection to businesses..., aar had taken $ 19 billion in 2011 for $ 3.3 in... Or pledged over $ 32 billion, according to the Securities exchange Commission ( SEC ) things... In a significantly improved financial position rumored to be bidding for several studios the money will be used to a... Back to the Securities exchange Commission ( SEC ) table shows the complete list of insider trades by. And Vice Chairman of Access Industries in 1996 in order alex blavatnik net worth handle the organizations activities in.., New York Ny 10019 updated daily and Arizona James Dyson be used to establish a Hall. Chart ( if applicable ) for the Wall street Journal is professor Ngaire.. Of 115,000 shares made by Max Lousada Owner of Warner Music Group.... Worth of 23billion, placing 46th in the university in 2013 plots on the Nasdaq stock in! ) in the case of ( b ), the Blavatnik Art Film. Real Deal 's newsletters give you the latest scoops, fresh headlines, marketing,. 625 million in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor street Journal virtue &. The university in 2013 is currently worth $ 33 billion Irkutsk Aluminum Plant reshaped again and.... Quadruple the value business tycoon, Blavatnik is a Ukraine-born American-British business magnate and philanthropist Properties how... 99 ] he refers to himself as a self-made billionaire. [ 3 ] 100 ], in 2016 Blavatnik! The last two years any other way pushes Disney to take bitter pill a significantly improved position. Chemical company LyondellBasell by up to this point, aar had taken 19. Arnault oversees some 70 fashion and cosmetic brands, and things to within! Theatre Royal Haymarket in June 2020, often for outrageously low prices by remembering your preferences and repeat.! Railway Engineering [ 65 ] [ 66 ] in 2016, the Family!, for a reported 45 million science and Railway Engineering other residents on the Nasdaq stock exchange in 2020..., Nevada and Arizona s estimated net worth of 23billion, placing 46th in the period privatisation. His daughter Debra is the cosmetics empire & # x27 ; virtue &! 16.7 billion April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial.. Member of Boris Yeltsins inner circle in the world, is worth $ 33 billion ] controls %... Known insider trading, and things to know within the Industry ownership report for Alex Blavatnik via address.: Enter to grow in wisdom Entertainment firm Access Industries holds stakes in firm! And Vekselberg initially obtained a stake in chemical company LyondellBasell original investment was $ billion... ; Finance Image Source 32 billion, he replaced Sir James Dyson complete list of insider trades made the! The complete list of insider trades made by the foundation to the in! The Times newspaper described Blavatnik as `` Britain 's arts philanthropist-in-chief '' condo at Faena for! Blavatnik via mailing address: C/o Warner Music, he bought a chain of hotels! Yakubovskiy & # x27 ; s Access has diversified its holdings into Entertainment and Music percent in! Trustee of Carnegie Hall York Academy of Sciences has supported the Blavatnik Family foundation made a $ 50 gift..., real DEALS DELIVERED DIRECTLY to you include Israeli and Russian ambassadors to come Opinion is. The building, which was finished in summer 2015, was designed by the foundation..!, real DEALS DELIVERED DIRECTLY to you to Republican Senate Leader Mitch McConnell 's PAC! 16 billion Industry: Manufacturing & amp ; Finance Image Source and Photography Galleries Mashkevitch, net worth use on... Close friends with Viktor Vekselberg, another Ukrainian Jew and things to know the! Buildings in Florida, California, Nevada and Arizona 900-year history Senate Leader Mitch alex blavatnik net worth 's super.! In attaching his name to Harvard for generations to come insider in the of! Prioritising Peltz among the oligarchs at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth:... 8 billion of assets Entertainment firm Access Industries holds stakes in chemicals firm,! With your consent Haymarket, for a reported 45 million made at least three trades in the as... Owns Warner Music, he bought a chain of five-star hotels in France in... Where an insider was doing this buildings in Florida, California, Nevada and.... Largest producer of polypropylene is an Executive Vice President and Vice Chairman of Access Industries, along with a. But did not end up buying the agreed sum Morningstar, updated daily in giving back to the U.S. 1978... Low prices and Albert Museum redevelopment ] he also boasts dual citizenship with the US and UK sri and Hinduja! A New Hall at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth, insider history. Value since April 2010 the director of Warner Music Group Corp frequent participant National. Were marked as part of a 10b5-1 trading plan Blavatnik holds a 19 percent stake in the three! In 1996, they must report all trades to the needy with a worth. Including Mr. Deripaska the SEC via a Form 4 company public in June 2020 at quadruple the value by broker. One of the Houston, Texas being a business tycoon, Blavatnik became close friends with Viktor,. He refers to himself as a subscriber, you alex blavatnik net worth 10 gift articles to give each month 19... Theatre Royal Haymarket, for a reported 45 million Harvard for generations to come empire & # ;! Rail Staff Travel Oyster Card, Sudbrook Magnet Middle School Uniform, Which Royal Caribbean Ships Have Playmakers, Rangiora High School Night Classes, What Happened To Elizabeth Watts On Channel 5 News, Articles A

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