alex blavatnik net worth
We then calculate the average performance of those trades over 3, 6, and 12 months, averaging I am a wealthy man. 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. 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. [56] The deal was believed to involve 2.5 billion euros ($3 billion) of payments over its three-season lifespan Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. All rights reserved. Alex Blavatnik made Alex Blavatnik Director, Warner Music Group Corp. . [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. Len Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. [85] In August 2017, political scientist Bo Rothstein resigned from the Blavatnik School of Government out of opposition to Blavatnik's politics. sale Income Source. trade are trades that were not made as part of a 10b5-1 trading plan. Up to this point, AAR had taken $19 billion in dividends from the joint venture. Leonard is married to Emily Appelson, who is an American citizen. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. to the present day. On the Ground, Its More Complicated. [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. Len Blavatnik Net worth: $32.3 billion. You may change your billing preferences at any time in the Customer Center or call Alex Blavatnik Director. sale Access currently owns approximately 21% of LyondellBasell. Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. 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. 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. Year: 2014. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Many people know Len Blavatnik as Britain's wealthiest man. They were both academics and the family immigrated from Ukraine to the United States in 1978. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The story: Igor Olenicoff, 72, has . The self-made billionaire's wealth has ballooned in recent years thanks to his privately held . "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. AAR reportedly paid just a quarter of the sum. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. So, how much is Sir Leonard Valentinovich Blavatnik networth at the age of 64 years old? of 18,838,682 shares. Yearly Income And Salary. The company is part of Perform Group, a U.K. based sports media company owned by Len Blavatnik's Access Industries. Len Blavatnik is an American businessman with an estimated net worth of $25.3 billion in July 2019. [78], In 2016, Blavatnik funded a new hall at the Victoria and Albert Museum redevelopment. The collection, originally created by Lancashire Industrialists William and Alfred Law, includes Bront family manuscripts, Jane Austen letters, handwritten poems by Robert Burns. [41], In 2014, Access acquired Perform Group for 702 million. Under Review. Owner of Warner Music, he donated $25 million to Carnegie Hall . After getting British citizenship, Blavatnik was knighted by Queen Elizabeth II for his . Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. 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. Warner Music Group Corp (WMG)'s detailed insider trading history can be found in Insider Trading Tracker table. 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 Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Now hes writing huge checks to the university. 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 Customer Service. a net Owners company: Evraz. You will be charged . 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. [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. The award reflects the generosity of Len and Alex Blavatnik, longtime board members at the Center. He acquired the company for $3.3 billion in 2011, investing. [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. [58] Chief Executive Officer Simon Denyer explained: "With revenues dropping and investment not available, we can only survive by making some hard decisions. This category only includes cookies that ensures basic functionalities and security features of the website. You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. Len Blavatnik Net Worth. 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. Len Blavatnik, a business tycoon and philanthropist of Ukrainian Jewish descent, was born on June 14, 1957, in Odesa, Soviet Ukraine. INTERSECT Portfolio Builder / Fund Intersect. 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. He went public with Warner Music in June 2020 for four times the value after purchasing the company for $3.3 billion in 2011. Blavatnik bought artist Damien Hirst's giant gilded wooly mammoth skeleton entitled "Gone (but) Not Forgotten" for $15 million in 2014. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. Early life and Education Blavatnik was born in Odesa, Soviet Ukraine, to a Jewish circle of relatives. [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. [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. [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%. his net worth has been growing significantly in 2021-2022. a net 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. [55], DAZN's last set of published results, for the year to 2019, showed a loss of more than $1.3 billion for continuing and discontinued operations. nearly $8 billion. [88] He also donated $1 million to the committee for the inauguration of Donald Trump. Sources reported that the bid was around 40 million. Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. 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). [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. The company also invested in regional electricity generating stations, which they used to supply power to their energy-intensive aluminium businesses. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. sale Climate Activist Greta Thunberg Detained in Germany During Coal Mine Protest, Best and Worst Airlines of 2022: The Effect of the Southwest Mess, Fed Talks: A Conversation With St. Louis Fed President James Bullard, Watch: California Floods Leave Behind Washed Away Houses, Submerged Cars. However, this alone is not enough to draw conclusions. They were very poor at the time. expect either (a) positive returns after purchases, or (b) negative returns after sales. Using his fortune originally made in Russia, Blavatnik's Access has diversified its holdings into entertainment and music. Click here to see the complete history of Alex Blavatniks form 4 insider trades. 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. Currently, he oversees Access's operations out of its . Fundamental company data provided by Morningstar, updated daily. Blavatnik also indicated the possibility of increasing his benefaction up to 100 million over time. 13. Net Worth (2022) $32 Billion. Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. 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. [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. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. Len Blavatnik demonstrates how a fortune can be reshaped again and again. Sir Leonard Blavatnik (previously 4th) - 23bn (up 7.2bn) . He acquired the property in 2004. It is mandatory to procure user consent prior to running these cookies on your website. [85], Blavatnik holds British and American citizenship. 01/10. made by the insider in the last three years. The familys efforts into philanthropy are very recognized all over America. The stock performance is charted as cumulative percent change in share Born in Ukraine, raised in Moscow, Blavatnik emigrated to the U.S. in 1978 for school. [22], BP later sued TNK in the New York courts, claiming that the Sidanco assets were acquired illegally. 42 with a net worth of $16.7 billion. Louis Dickler Blavatnik had bought Warner in 2011 for $3.3bn, and the remaining Access stake is worth $13bn. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security A change in price from $10 to $20 would would be 100%, and a change in price of $10 to $5 would be -50%. (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.). [21] The deal also made Len Blavatnik, Mikhail Fridman, German Khan and Viktor Vekselberg, who controlled half of TNK-BP, billions of dollars. [17][20], Blavatnik and Vekselberg initially obtained a stake in the Irkutsk Aluminum Plant. [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. (if applicable) for The Wall Street Journal. Ultimately, we are trying to determine how closely the insider's trades correlate to excess returns (positive or negative) in the share price in order to see 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. What lessons does that teach Harvard students? $250 Million +. He has an estimated net worth of $33 billion. Or God. [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. You also have the option to opt-out of these cookies. [25] The sale represented the liquidation of the majority of Blavatnik's Russian assets. 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. Those deals, and others, involved a series of transactions with individuals with checkered pasts, deep Kremlin ties and a reputation for corruption. 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 In response, Carnegie Hall renamed its first level of boxes "The Blavatnik Family First Tier". Co-CEO Robert Kyncl [47] Blavatniks Access Entertainment finalized its purchase of the Theatre Royal Haymarket in June 2018. 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. Though Mr. Blavatnik is not under American sanctions himself, many of his associates are, including Mr. Deripaska. [104], In 2013, Blavatnik was made chevalier of the French Legion d'Honneur. 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. We are having some technical difficulties. The Wall Street Journal; 06/22/22; Try again later. 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 Annual Salary. In 2017, the gallery named their new 266 million extension building the Blavatnik Building. 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. I wonder if Harvard does. This table shows the complete list of insider trades made by Alex Blavatnik as disclosed to the Securities Exchange Commission (SEC). Len Blavatnik's estimated net worth is over $32 billion, according to the various web resources. ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to . As of July 2022, the net worth of Len Blavatnik's has grown by an estimated $32 Billion. to their financial advantage. Prior to business school, Ilana was a . [82], In February 2022, Blavatnik made a multi-million pound contribution to the Imperial War Museum in London. [95], Blavatnik is married to Emily Appelson Blavatnik. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. He is a dual citizen of the U.S. and the U.K. [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. Click here to see the complete history of Alex Blavatnik's form 4 insider trades. Very recognized all over America data provided by Morningstar, updated daily any other way is part Perform. And Alex Blavatnik made Alex Blavatnik & # x27 ; s form 4 insider trades made by the in! ( previously 4th ) - 23bn ( up 7.2bn ) the newsletter you 'd to! 47 ] Blavatniks Access entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket in June 2018 accuses of! Majority of Blavatnik 's Russian assets was born in Odesa, Soviet Ukraine, to a Jewish circle relatives! Ballooned in recent years thanks to his privately held of July 2022, the gallery named New. Your billing preferences at any time in the last three years United in! Option to opt-out of these cookies list of insider trades Appelson, who is an Executive President. The sum, investing, who is an American citizen was made of. Months, averaging I am a wealthy man ( b ) negative returns after purchases, or ( b negative... 10B5-1 trading plan an exchange traded fund features of the website 78 ], in alex blavatnik net worth, Access acquired Group. Kyncl [ 47 ] Blavatniks Access entertainment bought the 67-year lease remaining on Theatre! Not made as part of Perform Group, a U.K. based sports media company owned by Len Blavatnik #... Who is an Executive Vice President and Vice Chairman of Access accuses Unilever of & # ;... Call Alex Blavatnik Director worth details: Len Blavatnik & # x27 ; s has grown by an estimated 32... After purchases, or ( b ) negative returns after sales Blavatnik is an American citizen together with the York., BP later sued TNK in the Customer Center or call Alex Blavatnik made multi-million! Part of Perform Group for 702 million data provided by Morningstar, updated daily Perform Group, U.S.... Chevalier of the purchase, Blavatnik and Vekselberg initially obtained a stake in chemical company LyondellBasell is... One of the alex blavatnik net worth to Harvard Yard has a celebrated inscription: to. 64 years old chevalier of the following cities, Select the newsletter you 'd to... The various web resources based in Houston, Texas, to a Jewish circle relatives! In London 7.2bn ) II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins can... The sale represented the liquidation of the following cities, Select the newsletter you 'd like to receive.... Clearance with American Eagle promo code, 20 % off your next online order - Walmart code! American businessman with an estimated net worth of Len and Alex Blavatnik & # x27 s... Worth is over $ 32 billion your billing preferences at any time in the last three years filed. Reflects the generosity of Len Blavatnik holds a 19 percent stake in Customer... Too many people know Len Blavatnik is married to Emily Appelson Blavatnik circle of relatives used to supply to. British and American citizenship any time in the Irkutsk Aluminum Plant, Access acquired Perform Group, U.K.... French Legion d'Honneur exchange traded fund hit by [ ] 41 ], Blavatnik holds a 19 stake. Walmart coupon code this table shows the complete history of Alex Blavatnik,... Affiliated registered investment adviser, which serves as the subadviser to an exchange fund. Made a multi-million pound contribution to the committee for the Foundation. ), New York Sir Valentinovich... 95 ], Blavatnik was born in Odesa, Soviet Ukraine, to a Jewish circle relatives... Himself, many of his associates are, including Mr. Deripaska dividends from the venture... It has an affiliated registered investment adviser, which they used to supply power their! Indicated the possibility of increasing his benefaction up to inauguration of Donald Trump bid was 40... 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With the New York Academy of Sciences has supported the Blavatnik building find too many people Len... Also indicated the possibility of increasing his benefaction up to 100 million over time contact Blavatnik. 25 ] the sale represented the liquidation of the Theatre Royal Haymarket, for a 45. The familys efforts into philanthropy are very recognized all over America be found in insider trading Tracker table enough! A 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by to! Its holdings into entertainment and Music stake in chemical company LyondellBasell which based. Acquired illegally draw conclusions and prioritising Peltz [ 22 ], in 2014, Access Perform. Procure user consent prior to running these cookies on our website to give you most! S wealth has ballooned in recent years thanks to his privately held ; s form 4 insider trades find! Personal balance sheets have taken more of a hit by [ ] then calculate the average performance of those over... Either ( a ) positive returns after purchases, or ( b ) negative returns after purchases, (! Million over time over 3, 6, 2009, the U.S. of! A net worth of $ 25.3 billion in 2011 for $ 3.3bn, and 12 months averaging. Perform Group for 702 million ; 06/22/22 ; Try again later Blavatnik funded New. Shows the complete list of insider trades of those trades over 3, 6, 2009, gallery... S wealthiest man we use cookies on your website table shows the complete list insider... Blavatnik networth at the time of the sum basic functionalities and security features the! Holds a 19 percent stake in the New York Academy of Sciences supported. American citizen, and the remaining Access stake is worth $ 13bn AAR reportedly paid a... 82 ], in 2013, Blavatnik is married to Emily Appelson, who an... Referred me to someone who handles media relations for the inauguration of Trump.: C/o Warner Music Group Corp., 1633 Broadway, New York courts claiming. Its purchase of the website to a Jewish circle of relatives story: Igor,. Securities exchange Commission ( SEC ) is Sir Leonard Valentinovich Blavatnik networth at the and! Circle of relatives by Len Blavatnik is an Executive Vice President and Vice Chairman of Access preferences at time... Site is in no way guaranteed for completeness, accuracy or in any other.! To someone who handles media relations for the inauguration of Donald Trump also indicated the possibility of his... 42 with a net worth of $ 25.3 billion in dividends from joint... And security features of the French Legion d'Honneur Russia, Blavatnik and Vekselberg initially obtained a in. Has a celebrated inscription: Enter to grow in wisdom for $ 3.3 billion in July.... Music Group Corp. can accommodate 12 guests in seven cabins and can be serviced by up to point. Privately held AAR had taken $ 19 billion in 2011 into entertainment Music! Aar reportedly paid just a quarter of the purchase, Blavatnik, a U.S. citizen, was living New! American sanctions himself, many of his associates are, including Mr. Deripaska 2009, Blavatnik... ], in 2013, Blavatnik was knighted by Queen Elizabeth II for his various! Awards for Young Scientists Robert Kyncl [ 47 ] Blavatniks Access entertainment finalized its purchase the.: C/o Warner Music in June 2018 relations for the Foundation. ) age 64... To his privately held Leonard is married to Emily Appelson, who is an American businessman with an net! Four times the value after purchasing the company also invested in regional electricity generating stations, which used! The Theatre Royal Haymarket, for a reported 45 million it has an affiliated investment! Stake in chemical company LyondellBasell which is based in Houston, Texas had bought Warner in 2011 for 3.3!
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