He has a net worth of $28.5B. 42 with a net worth of $16.7 billion. 01/09. [39], In December 2020, Blavatnik made a donation of 10 million towards the renovation of the Courtauld Institute of Art. [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. Very little is known of Blavatniks parents. Alex Blavatnik Director. Born on 14th July 1957, he is currently worth about $20.1 billion after purchasing Warner Music Group through his privately industrial group Access Industries in 2011 for $3.3 billion. The majority of Blavatnik's fortune derives from an 73% stake in Warner Music Group, a record label and entertainment conglomerate. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security But opting out of some of these cookies may have an effect on your browsing experience. a net [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. Len Blavatnik, a business tycoon and philanthropist of Ukrainian Jewish descent, was born on June 14, 1957, in Odesa, Soviet Ukraine. Of Jewish ancestry, Leonid Valentinovich Blavatnik was born on June 14, 1957 in Odessa, Ukraine. 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. The Financial Times reported that this would enable the company to target new revenue streams in betting. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. He is a dual citizen of the U.S. and the U.K. [29] LyondellBasell stock has increased 103% in value since April 2010. Born in Ukraine, raised north of Moscow, Len Blavatnik immigrated to the U.S. in 1978 with his family; he studied computer science at Columbia University and received an MBA from Harvard Business School. It is mandatory to procure user consent prior to running these cookies on your website. Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. [60] As of 2018, Access Industries owned 60% of Ice Group, Norway's third largest telecoms company. Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. 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. Blavatnik loaned the project an artwork by Damien Hirst titled "Gone But Not Forgotten". AAR reportedly paid just a quarter of the sum. Please Allow Javascript and reload this page. Acting CFO & Corp. Contr. the post-purchase plots to be upwardly sloping. So, how much is Sir Leonard Valentinovich Blavatnik networth at the age of 64 years old? As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. For this list, we included people and families who are listed as New . Blavatnik was born in Ukraine, emigrated to the United States, and got an MBA from Harvard University before making his investments in the Soviet Union's natural resource industries. . He's among those American business magnates who've $17, 8 Billion as his net worth these days. In 1996, they obtained a coal mine in Kazakhstan. made by the insider in the last three years. The company is based in Atlanta, though it also has New York offices. 2. ELON MUSK. You will be notified in advance of any changes in rate or terms. [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. Mr. Blavatniks biggest deal involved selling his stake in the Russian oil company TNK-BP to Rosneft in March 2013; he and his partners, including Mr. Vekselberg, together made $27.7 billion. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. Len Blavatnik was born on June 14, 1957 in London, United Kingdom, United States. a net The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. He went public with Warner Music in June 2020 for four times the value after purchasing the company for $3.3 billion in 2011. He is known as Len Blavatnik in America. We are having some technical difficulties. sale He has an estimated net worth of $33 billion. [22] In 1999, TNK acquired Sidanco's best assets via bankruptcy proceedings. These cookies will be stored in your browser only with your consent. [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. Net Worth (2022) $32 Billion. 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. Its Not Just Inflation: Avian Flu Will Pump Up Prices Of Thanksgiving Turkeys, Tripledot Simplifies Game Development: No Characters, No Quests, Nothing More Complicated Than Wordle, The Faena Art Gala Kicked Off The Season With Decadence, Glamour And A 250-Pound Tuna, Here Are The Billionaires Backing Joe Bidens Presidential Campaign, As Of September 2019, A Man Of 3 Worlds: The Russian-American Billionaire Giving Millions To U.S. and U.K. Russian TV Touts a Big Victory in Ukraine. It is illegal for insiders to make trades in their companies based on specific, non-public information. in the PURCHASE chart and negative plots on the SALE chart. 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. [19] In a 2002 interview, Blavatnik told Bloomberg he was even considering creating his own railways. Sources reported that the bid was around 40 million. "[13], In early 2010, Access Industries was reported as one of a handful of bidders for Metro-Goldwyn-Mayer. Sir Leonard Blavatnik has topped the latest Sunday Times Rich List, having seen his fortune swell to 23bn. Feedback for the Mock Behavior Analysis Exam is provided by content area, not by question. Sri and Gopi Hinduja and Family Net Worth: 16 Billion Industry: Manufacturing & Finance Image Source Len Blavatnik | Net worth: $30.6 billion - Source of wealth: music, chemicals - Age: 63 - Country/territory: United States | Business entrepreneur Len Blavatnik built his . After getting British citizenship, Blavatnik was knighted by Queen Elizabeth II for his . [19] He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle. [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. What is Len Blavantik's net worth? 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. Or maybe they are the same thing. For his contributions to philanthropy, Blavatnik was knighted in 2017. WSJ News Exclusive Private Properties Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse The roughly 4,600-square-foot apartment at the Jean. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. [100], Blavatnik is a friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump. International School Swimming Competitions - China, Coaching Membership Requirements Checklist, Executive VP Deputy Chairman of Access Industries, Former collegiate swimmer at Miami of Ohio. sale [16][17], One of his investments, Sual, later became part of United Company Rusal, the world's largest aluminium producer. Seats: 23Value: US$ 90 million. The resulting company, LyondellBasell Industries then became the world's eighth largest chemical company based on net sales. 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. However, this alone is not enough to draw conclusions. You may change your billing preferences at any time in the Customer Center or call As a Blavatnik Fellow, Ilana will be focusing on M7 Health's product development and go-to-market strategy. Russian kleptocracy has entered the donor pool of Hudson Institute, he told The New York Post. His portfolio includes over $3.8 billion in art and real estate, as well as a $2 billion share of the DAZN group and a $6.8 billion stake in chemical giant LyondellBasell Industries. During the past 18 months, 18,838,682 shares of Warner Music Group Corp (WMG) were sold and 0 shares were bought by its insiders, resulting in a net Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. This follows on a $50 million gift by the foundation to the university in 2013. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Len Blavatnik, the best (Profession) in the world, is worth $33 billion. 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. [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. 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. Donations include GBP 75 million to the University of Oxford to establish a new school of government. In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. "[58], In late 2020, DAZN unveiled a slate of original documentary programming featuring global sporting icons such as Ronaldo and British boxer Anthony Joshua. Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. 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. Net worth: 20bn 3bn on 2021Source of wealth: Investment, music and mediaRank on the Rich List: 4 3 on 2021Vladimir who? 2023 Forbes Media LLC. Neither of these charts would suggest insider trading activity. Nothing on this website constitutes, or is meant to constitute, advice of any kind. He graduated from Columbia Business School in 1993. His daughter Debra is the cosmetics empire's president and CEO. Nearly $150M worth of condos on the market, Miami Beach approves new overlay district for Ocean Terrace, Alex Blavatnik buys at Faena House for $11.6M. Len & Emily Blavatnik Net worth: Source of wealth: Music, chemicals Contributions: $55,600 ENERGY Gordon & Ann Getty Net worth: $2.1 billion Source of wealth: Getty Oil Contributions:. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. Customer Service. Registration: D-ALEX. Alex Blavatnik Director, Warner Music Group Corp. . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Eric Eisner, Nick Koskoff, Alex Blavatnik. Early life and Education Blavatnik was born in Odesa, Soviet Ukraine, to a Jewish circle of relatives. In 2013, music sensation Bruno Mars was hired to perform at his teenage daughters bat mitzvah since she was a huge fan of the singer. Fintel is a registered trademark. He did this via his holding company, Access Industries. A 1993 graduate of Columbia Business School, Mr. Blavatnik joined Access in 1996 to manage the companys growing activities in Russia. Finally, we average all of the performance metrics to calculate a performance metric for the insider. The Wall Street Journal; 06/22/22; Becoming #44 Billionaires globally and #20 billionaires in USA, he's Len Blavatnik or generally acknowledged as Leonid Valentinovich Blavatnik that was born on June 14, 1957. [12] He also received the 2017 Samuel Johnson Medal from the school. To be clear, Mr. Blavatnik is not accused of any crimes, in the United States or in Russia. 2004-2023 GuruFocus.com, LLC. [105] He was knighted by Queen Elizabeth II in the 2017 Birthday Honours for services to philanthropy. sale [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg's list of the world's richest people, relegating Elon Musk to second place. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. [85], Blavatnik holds British and American citizenship. According to the recent analysis of 2022, we have got that the estimated net worth of Len Blavantik is about $21.8 billion. [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Co-CEO Robert Kyncl Javascript is disabled in your web browser. of 510,165 shares made by Max Lousada nearly $8 billion. He is a frequent participant in National Masters competitions. and His wealth is mostly derived from his diverse investments in Europe, South and North America as well as Russia. The yacht is a 73.80-meter motor yacht custom-built by Nobiskrug in Rendsburg in 2013. Fundamental company data provided by Morningstar, updated daily. Estimated Net Worth in 2021. [47] Blavatniks Access Entertainment finalized its purchase of the Theatre Royal Haymarket in June 2018. [76] At the same time, Blavatnik also announced three $250,000 national prizes, in conjunction with the New York Academy of Sciences, for young scientists restricted to scientists under the age of 42. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. Meanwhile, London-based Dazn aims . NELSON PELTZ. Insiders are officers, directors, or significant investors in a company. UPDATED, May 22, 11:20 p.m.: As part of their plan to build a $220 million mixed-use project along Ocean Miami Beach developer Silvia Coltrane is proposing changes to her North Beach hotel project, including adding condos to the Sandor Scher is looking to bring the magic back to North Beach. 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. Click here to see the complete history of Alex Blavatnik's form 4 insider trades. 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. (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.). 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. Len Blavatnik, 64, says he has no [104], In 2013, Blavatnik was made chevalier of the French Legion d'Honneur. Blavatnik's TNK company obtained Chernogorneft at $180 million, even though the company had produced $1.2 billion worth of oil the year before. Open market or private purchase of non-derivative or derivative security, Open market or private sale of non-derivative or derivative security, Grant, award, or other acquisition of securities from the company (such as an option), Sale or transfer of securities back to the company, Payment of exercise price or tax liability using portion of securities received from the company, Equity swaps and similar hedging transactions, Exercise or conversion of derivative security received from the company (such as an option), A transaction voluntarily reported on Form 4, Other (accompanied by a footnote describing the transaction). Noted, Leonard's primary income source is Business, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including Prior to business school, Ilana was a . You may cancel your subscription at anytime by calling He joined Access Industries in 1996 in order to handle the organizations activities in Russia. This does not mean There are a lot of rewards for established scientists, but I don't think young scientists get enough encouragement and support in a systematic way. Annual Salary. He acquired the company for $3.3 billion in 2011, investing. Up to this point, AAR had taken $19 billion in dividends from the joint venture. Is Harvard Whitewashing a Russian Oligarchs Fortune? 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.
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