alex blavatnik net worth

The familys efforts into philanthropy are very recognized all over America. Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. London-based magnate Sir Leonard Blavatnik tops the UK list with a net worth of 23billion, placing 46th in the global leaderboard. As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. , no insider transaction in Warner Music Group Corp (WMG). Other residents on the street include Israeli and Russian ambassadors. The yacht is a 73.80-meter motor yacht custom-built by Nobiskrug in Rendsburg in 2013. The Blavatniks have given to both political parties in the U.S., from Trump's inaugural committee to Pete Buttigieg's presidential campaign. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Please Allow Javascript and reload this page. A 1993 graduate of Columbia University, Mr. Blavatnik joined Access in 1996 to manage the Company's growing activities in Russia. 13. In 2011, he invested in the music industry by buying record-label Warner Music for $3.3 billion. Likewise, non-cyclical declines a net Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse. In the case of (a), the PURCHASE chart would show Since investing in. That investment is currently worth $5.24 billion in mostly unrealized gains. GuruFocus.com is not operated by a broker or a dealer. Click here to see the complete history of Alex Blavatniks form 4 insider trades. 42 with a net worth of $16.7 billion. 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. a net Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. In 2007, he acquired land in Hollywood worth $625 million. [92] Since April 2016, Blavatnik contributed $383,000 to the Republican National Committee and $1 million to Trump's inauguration fund; he also made a donation to Trump's legal fund. INTERSECT Portfolio Builder / Fund Intersect. 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. Len Blavatnik made billions as a Kremlin insider. For this list, we included people and families who are listed as New . 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. [82], In February 2022, Blavatnik made a multi-million pound contribution to the Imperial War Museum in London. According to the recent analysis of 2022, we have got that the estimated net worth of Len Blavantik is about $21.8 billion. [77] At the time, Blavatnik told the media: "The Nobel's about $1 million, I thought $250,000 was big enough to make it really interesting but not big enough to be scary. [57], In February 2022, Blavatnik agreed a $4.3 billion recapitalisation of DAZN. At the time of the donation, Lord Patten, Chancellor of the University of Oxford, described it as "a once-in-a-century opportunity for Oxford. and [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. 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. Alex Blavatnik is the director of Warner Music Group Corp. Estimated Net Worth in 2021. Net Worth (2022) $32 Billion. Co-CEO Robert Kyncl over many years would result in downward sloping post-trade plots. All Rights Reserved. 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. He is also a minority owner in Russia's largest producer of. "[58], In late 2020, DAZN unveiled a slate of original documentary programming featuring global sporting icons such as Ronaldo and British boxer Anthony Joshua. (if applicable) for The Wall Street Journal. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. [2][3] In 2017, Blavatnik received a knighthood for services to philanthropy. In 2010, Blavatnik sued JPMorgan Chase after losing $100 million by allegedly following Morgan's advice three years earlier to buy mortgage securities with AAA credit ratings. Blavatnik earned nearly $5 billion in dividends from Russian oil companies, and sold 12.5 percent of TNK-BP for $7 billion in 2013. . [29] LyondellBasell stock has increased 103% in value since April 2010. In July 2020, Forbes listed him as the 45th wealthiest person in the world, with a net worth of $25.2 billion. would show a series of downward sloping curves, indicating negative returns after each sale transaction. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. Master of Science, Columbia University; Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Moscow State University. [90], In 2017, after two senior Trump administration officials went on record as being lobbyists for Blavatnik's Access Industries,[91] Blavatnik was mentioned in investigations led by Special Counsel Robert Mueller into Russian donations to the administration. A 1993 graduate of Columbia Business School, Mr. Blavatnik joined Access in 1996 to manage the companys growing activities in Russia. Mr. Blavatnik is also active in Maccabi sports and has competed at several international Maccabi events, including two World Maccabiahs in Israel. [16][17], One of his investments, Sual, later became part of United Company Rusal, the world's largest aluminium producer. Customer Service. Blavatnik's company []. [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. 2015-2023 Fintel Ventures LLC. [25] The sale represented the liquidation of the majority of Blavatnik's Russian assets. His daughter Debra is the cosmetics empire's president and CEO. 01/13. [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. This does not mean [43][44], In 2017, Blatvatnik was named as possible purchaser of the publisher Time Inc. Blavatnik prepared the bid with Edgar "Ed" Bronfman Jr, the former chief executive of Warner Music. At which point, Blavatnik sold $1.9 billion of shares. 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. The majority of Blavatnik's fortune derives from an 73% stake in Warner Music Group, a record label and entertainment conglomerate. 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. Len Blavatnik's tertiary education in Moscow was cut short by emigrating to the USA with his family in 1978. his net worth has been growing significantly in 2021-2022. [78] In 2016, the Blavatnik family foundation made a $25 million gift to Carnegie Hall. The money will be used to establish the Blavatnik Art, Film and Photography Galleries. 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. [95], Blavatnik is married to Emily Appelson Blavatnik. director & CEO Stephen Forbes Cooper The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Former collegiate swimmer at Miami of Ohio Avid Masters swimmer Alex Blavatnik BOARD MEMBER Alex Blavatnik is an Executive Vice President Deputy Chairman of Access Industries, a privately held, New York-based industrial group with long-term holdings worldwide in natural resources and chemicals, media, technologies and real estate. Mr. Blavatnik is entitled to spend his money how he pleases. Alex Blavatnik - Insider Trading Tracker. The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. Len Blavatnik Net Worth. 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. Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. In 2017, Blavatnik received a knighthood for services to philanthropy.. Blavatnik made his initial fortune after the collapse of . For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security [16][5], Blavatnik sponsors a Colel Chabad 20,000-square-foot (1,900m2) food bank and warehouse in Kiryat Malakhi, Israel, which sends monthly food shipments to 5,000 poor families in 25 Israeli cities, and before Jewish holidays to 30,000 families in 73 Israeli cities, towns and villages. [10] At the time, Fridman told the press: "Any business should be sold if you're offered the right price. Now worth $171 billion, Arnault's wealth eclipsed the Tesla CEO's $164 billion fortune . [96] The couple have four children. Lots of rich people made lots more money. Israel's Ha'aretz newspaper calls him "one of the biggest oligarchs to have emerged from the former Soviet Union." [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. [67] Some critics characterize his donations as influence-buying and whitewashing. Momentum Activist Targets Dividend Yield Microcap with Revenue NCAV Screen Net Net Working Capital Negative Enterprise Value Piotroski Score ROIC Screen Short Volume Ratio High Insider Selling High Insider Buying. Len Blavatnik, the best (Profession) in the world, is worth $33 billion. , Blavatnik was born in 1957 in Odessa, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. What lessons does that teach Harvard students? 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I still remember that. The story: Igor Olenicoff, 72, has . Sir Leonard Valentinovich Blavatnik[a] (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. His wealth is mostly derived from his diverse investments in Europe, South and North America as well as Russia. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. We also use third-party cookies that help us analyze and understand how you use this website. 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. Alex Blavatnik Director, Warner Music Group Corp. . He graduated from Columbia Business School in 1993. The stock performance is charted as cumulative percent change in share Acting CFO & Corp. Contr. He also boasts dual citizenship with the US and UK . ", "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? In this situation, we would Though Mr. Blavatnik is not under American sanctions himself, many of his associates are, including Mr. Deripaska. The Wall Street Journal; 06/22/22; The self-made billionaire's wealth has ballooned in recent years thanks to his privately held . On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. Under Review. As of July 2022, the net worth of Len Blavatnik's has grown by an estimated $32 Billion. 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. 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. Universities, Billionaire Takes Over West End Theater In Record-Breaking Deal, Bad Year For Russian Billionaires: Three Fight Over $2 Billion From Oil Deal, Four Seasons Takes Over Management of The Ocean Club on Paradise Island, Billionaire Len Blavatnik's Boomerang Tube Files For Bankruptcy Due To Oil Slide, Billionaire Len Blavatnik's LyondellBasell Investment Looks A Little Less Great After Oil Price Drop, How One Billionaire's Bet On LyondellBasell Turned Into The Greatest Deal In Wall St. History. [65][66] In 2020, The Times newspaper described Blavatnik as "Britain's arts philanthropist-in-chief". Access currently owns approximately 21% of LyondellBasell. Businessman. ", "Opinion | Is Harvard Whitewashing a Russian Oligarch's Fortune? sale "[13], In early 2010, Access Industries was reported as one of a handful of bidders for Metro-Goldwyn-Mayer. [7][8][9] Blavatniks parents moved to Yaroslavl, a Russian city north of Moscow, when Blavatnik was a child. [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. [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. [53], DAZN specialise in buying rights to broadcast sports including football, boxing and Formula 1 motor racing, outside of their domestic markets. Many people know Len Blavatnik as Britain's wealthiest man. Investing in the tech giants Beats and Spotify propelled him to the number one spot. A little later, he bought a chain of five-star hotels in France. At Moscow State University of Railway Engineering, Blavatnik became close friends with Viktor Vekselberg, another Ukrainian Jew. Today, Blavatnik is known in the West for posing with celebrities in his capacity as head of Warner Music Group, and for his profuse philanthropy. He's among those American business magnates who've $17, 8 Billion as his net worth these days. 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. He says there's more to come. 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. The sports streaming service is available in Japan, Germany and Canada. Blavatnik's TNK company obtained Chernogorneft at $180 million, even though the company had produced $1.2 billion worth of oil the year before. The other big shareholder in Rusal is Mr. Deripaskas En+ Group, which controls 48 percent. [39], In 2012, Access Industries made 100 million investment in Deezer, the music streaming service. A change in price from $10 to $20 would would be 100%, and a change in price of $10 to $5 would be -50%. In the case of (b), the SALE chart His donors include Len Blavatnik, Chris Sacca, Eric Schmidt and Meg Whitman. The annual award recognizes the accomplishments of outstanding young scientists in the U.S., the U.K., and Israel in the areas of life sciences, physical sciences and engineering and provides all finalists with a significant cash prize. Blavatnik became a U.S. citizen in 1984. His wealth is estimated at $20 billion (2019). 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). Blavatnik is one of the world's wealthiest people, with a net worth of US$18 billion. [6] Through Access Industries Holdings Blavatnik owns most of Warner Music Group and has stakes in several publicly traded assets. 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 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. [52], DAZN (pronounced "da zone") has been described as the "Netflix of sports". Jeff Yass - Net worth: $30 billion . 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. the post-purchase plots to be upwardly sloping. [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. a net Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. Depart to serve better thy country and thy kind.. [93] Between 2015 and 2017, Blavatnik contributed $3.5 million to Republican Senate Leader Mitch McConnell's super PAC. Non-planned Fundamental company data provided by Morningstar, updated daily. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. It is mandatory to procure user consent prior to running these cookies on your website. He acquired the company for $3.3 billion in 2011, investing. [55], In June 2018, DAZN paid 600 million for domestic screening rights for Italian Serie A football matches in a three-year deal. Owners company: Evraz. It is illegal for insiders to make trades in their companies based on specific, non-public information. The billionaire is rumored to be bidding for several studios. The collection, originally created by Lancashire Industrialists William and Alfred Law, includes Bront family manuscripts, Jane Austen letters, handwritten poems by Robert Burns. He attended Moscow State University of Railway Engineering but did not complete his coursework due to the family's request for emigration visas. Already a member? [41], In 2014, Access acquired Perform Group for 702 million. Russian kleptocracy has entered the donor pool of Hudson Institute, he told The New York Post. [19] In a 2002 interview, Blavatnik told Bloomberg he was even considering creating his own railways. if the insider is timing their trades to profit from insider information. NELSON PELTZ. [68], Blavatnik is also a financial supporter of Yale University, where he funded the Blavatnik Fund for Innovation at Yale, which supports early-stage biotechnology companies, as well as the Blavatnik Fellowship. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. [34] On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion. sale However, this alone is not enough to draw conclusions. Necessary cookies are absolutely essential for the website to function properly. [10] TNK was one of few remaining state-owned oil companies. He is an active philanthropist through his Blavatnik Family Foundation. Alex Blavatnik Director. Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. [39] In May 2020, Warner Music announced it would proceed with an initial public offering that valued the company at $13.3 billion. Fridman, who was highly politically connected, had been a member of Boris Yeltsins inner circle in the mid 1990s.