Len Blavatnik

About Len Blavatnik

Birth Day: June 14, 1957
Birth Place: London, United Kingdom, United States
Birth Sign: Cancer
Residence: London, England, UK
Citizenship: United Kingdom-United States
Education: Moscow State University of Railway Engineering Columbia University (M.S.) Harvard Business School (M.B.A.)
Occupation: Founder of Access Industries
Spouse(s): Emily Appelson
Children: 4
Website: http://www.accessindustries.com

Len Blavatnik Net Worth

Len Blavatnik was bornon June 14, 1957 in London, United Kingdom, United States. Born in Ukraine, raised in Moscow, Blavatnik emigrated to the U.S. in 1978 for school. He made a fortune selling his stake in Russian oil company TNK-BP for $7 billion in 2013. Owner of Warner Music, he donated $25 million to Carnegie Hall in 2016. His Access Industries holds stakes in LyondellBasell, Rocket Internet and fashion label Tory Burch.
Len Blavatnik is a member of Energy

💰 Net worth: $20.3 Billion (Updated at 22 June 2018)

2009 $5 Billion
2010 $7.5 Billion
2011 $9.5 Billion
2012 $12.5 Billion
2013 $17.8 Billion
2014 $21.5 Billion
2015 $17.7 Billion
2016 $18.2 Billion
2017 $20 Billion
2018 $20.48 Billion

Some Len Blavatnik images

Biography/Timeline

1978

Blavatnik was born in Odessa, to a Jewish family. He attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. His family emigrated from the Soviet Union to the United States in 1978, and he received a masters in computer science from Columbia University and an MBA from Harvard Business School in 1989.

1986

In 1986, Blavatnik founded Access Industries, an international conglomerate company located in New York, of which he is chairman and President. Access has long-term holdings in Europe and North and South America. Initially, he moved into Russian Investments, just after the fall of communism. He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle, and then the two joined with Mikhail Fridman's Alfa Group to form the AAR venture. Access has since Diversified its portfolio to include Investments in industries such as oil, entertainment, coal, aluminum, petrochemicals and plastics, telecommunications, media, and real estate.

2007

In August 2005, Access Industries bought petrochemicals and plastics manufacturer Basell Polyolefins from Royal Dutch Shell and BASF for $5.7 billion. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. The resulting company, LyondellBasell Industries then became the world's eighth largest chemical company based on net sales. On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.

2010

In 2010, it was announced that Blavatnik and the Blavatnik Family Foundation would donate £75 million to the University of Oxford to establish a new school of government. The gift is one of the largest philanthropic gifts in the university's 900-year history. Blavatnik also indicated the possibility of increasing his benefaction up to £100 million over time.

2011

On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion.

2012

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. The building, which was finished in summer 2015, was designed by the Swiss Architects Herzog & de Meuron. The first dean of the school is professor Ngaire Woods. In 2013, Harvard University announced a $50 million donation from Blavatnik's foundation to sponsor life sciences entrepreneurship at the university.

2013

In 2010, Blavatnik sued J P Morgan Chase after losing $100 million by allegedly following Morgan's advice three years earlier to buy mortgage securities with AAA credit ratings. J P Morgan Chase was ordered to pay $50 million to Blavatnik on August 27, 2013.

2015

In the Sunday Times Rich List 2015, Blavatnik was listed as the UK's richest person, with a fortune of £16.9 billion. Forbes ranks Blavatnik as the 16th richest in the world as of April 2015.

2017

Blavatnik was knighted in the 2017 Birthday Honours for services to philanthropy.

2018

As of January 2018, Blavatnik was the wealthiest man in Britain, and the 50th wealthiest in the world, with a net worth of US$21.2 billion. In 2017, Blavatnik received a knighthood for services to philanthropy.

2019

Blavatnik also owns AI Film, the independent film and production company which backed Lee Daniels’ film The Butler and the summer 2015 release Mr. Holmes. He was an early investor in Rocket Internet and Beats Music, helped Finance fashion designer Tory Burch, and in 2013 paid $115 million for wireless spectrum in Norway.