The family’s efforts into philanthropy are very recognized all over America. Len Blavatnik, 59, pictured with his wife Emily, has had a wing of the Tate Modern named after him as old rival Lord Browne was about to leave. An investor, businessman, and philanthropist, Leonard Valentinovich Blavatnik has gained his wealth through investments in different companies via his conglomerate company called Access Industries. [13], 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. Mr Blavatniks paid £41million for 15 (pictured here) and 15b Kensington Palace Gardens in 2004, reportedly outbidding Roman Abramovich and Lakshmi Mittal. CANNES, FRANCE - MAY 15: (EXCLUSIVE ACCESS SPECIAL RATES APPLY) Owner of Icon Films Len Blavatnik and his wife Emily Blavatnik attend the Vanity Fair and Gucci Party Honoring Martin Scorsese during the 63rd Annual Cannes Film Festival at the Hotel … [44] Between 2015 and 2017, Blavatnik contributed $3.5 million to Republican Senate Leader Mitch McConnell's super PAC. [56], Moscow State University of Railway Engineering, Pete Buttigieg 2020 presidential campaign, "Sunday Times Rich List 2020: Sir James Dyson named wealthiest person in UK", "Queen's birthday honours: Ukrainian-born museum donor Leonard Blavatnik is made a knight", "Russian-born U.S. billionaire offers to buy Ma'ariv", "The world's 50 Richest Jews: 11-20: Len Blavatnik", "Warner Music Suitor’s Record of Deal-Making", "BP, Russian billionaires, and the Kremlin: a Power Triangle that never was", "C&EN's Global Top 50 Chemical Firms For 2014", LyondellBasell May Seek Chapter 11 Bankruptcy Protection, "Warner Music to be sold in $3.3 billion cash deal", JPMorgan Chase ordered to pay Blavatnik $50 million in damages, "Warner Music Is Sold, Ending a Long Auction", "Access Industries buys Warner Music Group for $3.3bn - Music Business Worldwide", "Len Blavatnik, Danny Cohen's Access Entertainment Backs Bad Wolf (EXCLUSIVE)", "James Packer has sold his stake in Hollywood film company RatPac Entertainment", "Billionaire Blavatnik leads race to buy prized West End theatre", "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", "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", Blavatnik donation of £75 million to Oxford University, "Oxford expands with billionaire's £75m gift", $50 million donation to Harvard from Blavatnik, "Harvard Business School Names First Blavatnik Fellows in Life Science Entrepreneurship - News - Harvard Business School", Harvard Med Gets Record Gift From Blavatnik to Speed Research, 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? Len Blavatnik Getty Images Is billionaire Len Blavatnik ready to buy a movie studio? The Russian-American billionaire Len Blavatnik first made a splash in philanthropy in 2010 when he donated roughly $117.2 million to the University of Oxford to launch the Blavatnik School of Government with the aim of preparing students from all over the world for careers in public service. [30] The gift is one of the largest philanthropic gifts in the university's 900-year history. Warner Music Group owner Len Blavatnik and wife Emily (left) and with singer Katherine Jenkins Specifications. [46], In the Sunday Times Rich List 2015, Blavatnik was listed as the UK's richest person,[47] with a fortune of £16.9 billion. Blavatnik spent $90 million to buy a Gilded Age limestone townhouse at 19 E. 64th St. Blavatnik is a business partner of his 64th Street neighbor, Oleg Deripaska. [54], Blavatnik is also a longtime friend and business partner of Ukrainian-born Russian oligarch Viktor Vekselberg,[9] one of Russia's richest men, who is close to Russian President Vladimir Putin. Len attended Moscow University of Railway Engineering. [13] On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion. [49] The couple have four children, including daughter Laila. [17][18], In 2016, Blavatnik launched Access Entertainment, which bought James Packer's stake in RatPac Entertainment and a 24.9% stake in Bad Wolf in 2017. The Blavatnik Family Foundation actively funds and supports young scientists of America, recognizing their efforts in the field of scientific research in physical, life sciences and engineering. Len Blavatnik. [citation needed], In August 2005, Access Industries bought petrochemicals and plastics manufacturer Basell Polyolefins from Royal Dutch Shell and BASF for $5.7 billion. Access currently owns approximately 14% of LyondellBasell. [16], On May 6, 2011, Warner Music Group announced its sale to Access for US$3.3 billion. However, he did not give directly to the Trump campaign. [22] 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. Very little is known of Blavatnik’s parents. Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. He studied at Columbia University and Harvard Business School. As of 2019, Len Blavatnik was ranked 27th in the Forbes 400 list. The first dean of the school is professor Ngaire Woods. Major GOP donor Len Blavatnik had business ties to a Russian official Evan Agostini/Invision/AP Blavatnik, who owns Warner Media, attending the … He later enrolled at the Columbia University for a masters in computer science and later obtained an MBA degree from Harvard Business … About the Blavatnik Family Foundation. [39] He also donated $1 million to the committee for the inauguration of Donald Trump. Holmes. The Blavatnik Family Foundation is an active supporter of leading educational, scientific, cultural, and charitable institutions in the United States, Europe, and throughout the world. [50][51], He owns a Grade II listed building in Kensington Palace Gardens which is valued at £200 million,[52] as well as a residence in Manhattan valued at more that $250 million. In the early Noughties, the peripatetic mogul bought a Gatsby-esque home next to Kensington Palace and decided to make London his base while maintaining his US citizenship. The world's 50 Richest Jews: 11-20 Ronald Perelman, Carl Icahn, George Kaiser, Joseph Safra, Sheldon Adelson, James Simons, German Khan, Serge Dassault, Len Blavatnik, David and Simon Reuben. The yacht is powered by 2 MTU diesel engines. The Office Adderss of Len Blavatnik is 730 5th Avenue New York, NY 10019 United States. He controls Russia’s largest private bank, Alfa-Bank JSC, and was partners with a major Republican donor, Soviet-born U.S. citizen Len Blavatnik, and … Leonard Blavatnik and wife Emily Appelson Blavatnik at the Grammy Awards on January 28, 2018 in New York City. [48], Blavatnik is married to Emily Appelson Blavatnik. In 2011, he invested in the music industry by buying record-label Warner Music for $3.3 billion. He is very careful to protect the privacy of … Sir Leonard Valentinovich Blavatnik (Ukrainian: Леонід Валентинович Блаватнік, Russian: Леонид Валентинович Блаватник, Leonid Valentinovich Blavatnik; born June 14, 1957) is a British businessman, investor, and philanthropist. [33] In 2018, Harvard Medical School announced a $200 million donation from Blavatnik's foundation to sponsor research, investments in data science, and the creation of subsidized lab space for biotech startups. As of May 2020, Blavatnik was the 4th wealthiest man in the United Kingdom. [12] LyondellBasell stock has increased 103% in value since April 2010. Also a philanthropist, he serves on the boards of several charitable and educational institutions. [14] JPMorgan Chase was ordered to pay $50 million to Blavatnik on August 27, 2013. [5], Blavatnik was born in Odessa, Soviet Ukraine, to a Jewish family. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. [36] In August 2017, political scientist Bo Rothstein resigned from the Blavatnik School of Government out of opposition to Blavatnik's politics. Len Blavatnik is a family man married to Emily Appleson Blavatnik. 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. [4] In 2017, Blavatnik received a knighthood for services to philanthropy. Len Blavatnik with his wife Emily Appelson, at an event in New York in October 2016 marking his donation to Carnegie Hall © Clint Spaulding/WWD/REX/Shutterstock Hence, very little is known about them. ", "Music boss Len Blavatnik named as Britain's richest man", "Filipino housekeeper claims Leonard Blavatnik won't hire her because of her ethnicity - Virginia Lim files discrimination suit in U.S.", "Inside Paris's 25th Annual le Bal des Débutantes", "Elizabeth Starling Louis, Julia McCaw et Laila Blavatnik", " Rich List 2015: Kensington property owner Len Blavatnik top with £13.17 BILLION fortune ", "The Meteoric Rise of Billionaire Len Blavatnik", Kremlin-linked Billionaire, Netanyahu Friend Donated to Trump's Private Legal Fund, The New York Academy of Sciences' Blavatnik Awards for Young Scientists, Economic history of the Russian Federation, The Oligarchs: Wealth and Power in the New Russia, https://en.wikipedia.org/w/index.php?title=Len_Blavatnik&oldid=1009148986, American businesspeople in the coal industry, American businesspeople in the oil industry, American chemical industry businesspeople, American entertainment industry businesspeople, American people of Russian-Jewish descent, American people of Ukrainian-Jewish descent, British businesspeople in the coal industry, British businesspeople in the oil industry, British entertainment industry businesspeople, British people of Ukrainian-Jewish descent, Columbia School of Engineering and Applied Science alumni, Naturalised citizens of the United Kingdom, People with acquired American citizenship, Ukrainian emigrants to the United Kingdom, Pages containing London Gazette template with parameter supp set to y, Articles containing Ukrainian-language text, Articles containing Russian-language text, Articles with unsourced statements from February 2015, Wikipedia articles with PLWABN identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 27 February 2021, at 00:05. Mr. [41], In 2017, after two senior Trump administration officials went on record as being lobbyists for Blavatnik's Access Industries,[42] Blavatnik was mentioned in investigations led by Special Counsel Robert Mueller into Russian donations to the administration. [53], Blavatnik is a friend of Israeli Prime Minister Benjamin Netanyahu. As of this writing, they have donated thousands of dollars to Pete for America, Inc., Buttigieg’s official campaign organization. The Foundation is headed by Len Blavatnik, an American industrialist and philanthropist. Initially, he moved into Russian investments, just after the fall of communism. That Ukrainian-born American billionaire Len Blavatnik, worth an estimated $18.3 billion, according to Forbes, and his wife Emily passed the snooty co-op board at 834 Fifth Ave. [28], Blavatnik sponsors a Colel Chabad 20,000-square-foot (1,900 m2) 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.[29]. He was born in Odessa (Ukraine) in June 1957. As of 2019, Len Blavatnik was ranked 27th in the Forbes 400 list. Previous Next . [3] On July 25, 2020, American business magazine, Forbes listed Blavatnik as the 45th wealthiest person in the world, with an estimated net worth of US$25.9 billion. Blavatnik also has interests in UC Rusal, the world's largest aluminum producer, where he sits on the board. [21], Blavatnik also owns AI Film, the independent film and production company which backed Lee Daniels’ film The Butler and the summer 2015 release Mr. He, along with his family, emigrated to the United States in 1978 and settled there. They were very poor at the time. The yacht Odessa II is a 73-meter luxury yacht built at Nobiskrug. [24], 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,[25] and a member of the academic board at Tel Aviv University. Blavatnik attended Moscow State University of Railway Engineering, however, he couldn't graduate from there because of his family's request for emigration visas. He made his fortune through business via diversified investments in myriad companies through his conglomerate company, Access Industries. Another owner on East 64th Street is Ukrainian-born Len Blavatnick, one of the richest men in the world. 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. They have 4 children. Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. 2016-02-25T14:00:00Z The letter F. An envelope. Warner Music Group owner Len Blavatnik and wife Emily (left) and with singer Katherine Jenkins. He was born in Odessa Ukraine to a Jewish family. They were both academics and the family immigrated from Ukraine to the United States in 1978. Len Blavatnik’s gilded reputation is everywhere, yet relatively little is known about the nature of the man behind it. Access Industries. Which bring her … He is married to Emily. [9] 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. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. Blavatnik became a U.S. citizen in 1984. He started with Russian investments, after the fall of communism. [34], In 2011, Blavatnik donated to both President Barack Obama and his GOP rival, former Massachusetts governor Mitt Romney. Len Blavatnik and his wife Emily Appelson at the Grammy Awards on Jan. 28, 2018. Who is Len Blavatnik? Leonard Blavatnik has two daughters and two sons. Leonard is married to Emily Appelson, who is an American citizen. On March 21, 2013, Rosneft completed its $55 billion acquisition of TNK-BP. Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. [45], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. AAR gained a controlling stake in Russian oil company TNK through privatization auctions, then in 2003 sold a 50% stake to British Petroleum to form TNK-BP, one of Russia's largest oil companies, where Blavatnik served on the board of directors. Blavatnik is a man who likes to entertain at lavish parties, and in the 2014 profile, The New Yorker reported that former Warner Music employees had said Blavatnik wanted "lots of … He is very careful to protect the privacy of his family. He was ranked the Fourth Richest Man in the United Kingdom in the Sunday Times Rich List 2014. Claim: "It turns out that the biggest donor for Mitch McConnell (R: Moscow) is none other than the Russian oligarch that the GOP just lifted sanctions on." If you are looking for Len Blavatnik’s house address, currently we don’t have. Now, Blavatnik and his wife are apparently shifting allegiances. [40], Blavatnik and his American wife, Emily, also donated to Democratic Party candidates Kamala Harris, Chuck Schumer, and Hillary Clinton. [23], Blavatnik has been the owner of DAZN Group since 2014, when Access Industries increased its stake in the company from 42.5% to 77%. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. The yacht has a steel hull and aluminum superstructure. The Ukrainian-born entrepreneur, who sprung $3.3 billion for Warner Music in 2011 , … In 2013, music sensation Bruno Mars was hired to perform at his teenage daughter’s bat mitzvah since she was a huge fan of the singer. [31] 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. He immigrated to the United States in 1978. Leonard Blavatnik was born to father Valentin Blavatnik in Odessa, Soviet Ukraine on June 14, 1957. It indicates the ability to send an email. [6][7] He attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. The Len Blavatnik’s contact details are given as below: Len Blavatnik’s office contact number is 1-212-247-6400. Sources report that the bid was around £40 million. Evan Agostini/Invision/AP The rise of billionaire Len Blavatnik, one of Wall Street’s greatest dealmakers. In addition, he has interests in Tory Burch’s fashion house. 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 and an MBA from Harvard Business School in 1989. Leonard Blavatnik has two daughters and two sons. He was born to a Jewish family. Children of Leonard Blavatnik and Emily Appelson. In the Sunday Times Rich List 2015, Blavatnik was listed as the UK's richest person, with a fortune of £16.9 billion. A summer 2017 commentary for the Dallas Morning News by Ruth May catalogues a bit more of Blavatnik’s political spending habits: Before he could complete his coursework, his family requested for emigration visas, and in 1978 they migrated to the US. He is known as Len Blavatnik in America. Tanza Loudenback. [19][20], 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. [36][37][38] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. [15], In early 2010, Access Industries was reported as one of the handful of bidders for Metro-Goldwyn-Mayer. Access has long-term holdings in Europe and North and South America. Born in Ukraine, raised north of Moscow, Len Blavatnik emigrated to the U.S. in 1978 for school; he studied computer science at Columbia University. Blavatnik also indicated the possibility of increasing his benefaction up to £100 million over time. [43] Since April 2016 Blavatnik contributed $383,000 to the Republican National Committee and $1 million to Trump's inauguration fund. [26], 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[27]), Royal Opera House, National Portrait Gallery and Museum of Modern Art. [36], In 2013 Blavatnik was made chevalier of the French Legion d'Honneur. In 2013, Harvard University announced a $50 million donation from Blavatnik's foundation to sponsor life sciences entrepreneurship at the university[32] and named the first five HBS graduates to receive the Blavatnik Fellowship in Life Science Entrepreneurship. The building, which was finished in summer 2015, was designed by the Swiss architects Herzog & de Meuron. In late June 2019, Blavatnik and his wife Emily each donated $124,250 to the Democratic Congressional Campaign Committee (DCCC). As part of its exit financing, LyondellBasell raised $3.25 billion of first priority debt as well as $2.8 billion through the rights offering jointly underwritten by Access Industries, Apollo Management, and Ares Management. He lives in London with his family. Len Blavatnik: Motor Yacht Odessa II. In 1996 Blavatnik founded the investment company Access Industries. [10] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[11]. The annual award recognizes the accomplishments of outstanding young scientists in life sciences, physical sciences and engineering and provides all finalists with a significant cash prize. He graduated from Columbia Business School in 1993. Educated at Harvard and Columbia, Len first became rich by investing in Russian oil. Len Blavatnik Contact Details. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. According to Forbes, he is the world’s 39th richest person. The resulting company, LyondellBasell Industries then became the world's eighth largest chemical company based on net sales. He joined Access Industries in 1996 in order to handle the organization’s activities in Russia. As of September 2014, Leonard Blavatnik is worth US $21.6 Billion. Photo by Dimitrios Kambouris/Getty Images for NARAS. He further said neither Mnuchin nor his wife, Louise Linton, were aware of Blavatnik’s purchase of the RatPac-Dune stake until it was publicly announced, rendering it unnecessary for … [55] He was knighted by Queen Elizabeth II in the 2017 Birthday Honours for services to philanthropy. [35], Blavatnik, who is closely associated with Vladimir Putin, is one of the largest donors to the US Republican Party, and in 2015–2016 donated a total of $7.35 million to six Republican political candidates, including South Carolina Senator Lindsey Graham, Florida Senator Marco Rubio and Arizona Senator John McCain. Leonard is married to Emily Appelson, who is an American citizen. [8][6], In 1986, Blavatnik founded Access Industries, an international conglomerate company located in New York, of which he is chairman and president. Leonard Blavatnik’s Spouse – Emily Appelson.
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