In 2004 the pair had to give up ownership of United Trading after the Russian government charged it with anti-competitive actions; they sold their shares to three other Kremlin-linked investors, Dmitri Pyatkin, Aleksandr Fraiman and Igor Annensky. A 1993 graduate of Columbia University, Mr. Blavatnik joined Access in 1996 to manage the Company's growing activities in Russia. of 18,838,682 shares. $ + tax The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. [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. [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. International School Swimming Competitions - China, Coaching Membership Requirements Checklist, Executive VP Deputy Chairman of Access Industries, Former collegiate swimmer at Miami of Ohio. 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. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. Alex Blavatnik made [34] On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion. And what message does it send to citizens of countries troubled by kleptocracy and corruption? $250 Million +. [69], 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. We also use third-party cookies that help us analyze and understand how you use this website. Mr. Blavatnik is also on the board of Clal Industries Ltd., WMG Acquisition Corp. and Warner Music Group Corp. Sir Leonard Valentinovich Blavatnik[a] (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. Its rivals included Germany's Sportsman Media Group and IMG of the U.S.[42], 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. a net In 2017, Blavatnik received a knighthood for services to philanthropy.. Blavatnik made his initial fortune after the collapse of . , His investment firm Access Industries holds stakes in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor. The company is based in Atlanta, though it also has New York offices. [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. But opting out of some of these cookies may have an effect on your browsing experience. [65][66] In 2020, The Times newspaper described Blavatnik as "Britain's arts philanthropist-in-chief". [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. 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. Meanwhile, London-based Dazn aims . Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. The average trade profitability is the average return of all the open market purchases Alex Blavatnik - Insider Trading Tracker. Or maybe they are the same thing. This follows on a $50 million gift by the foundation to the university in 2013. Measuring roughly 4,600 square feet, the two-bedroom residence spans the 75th floor of 53 West 53rd Street, a tapered condominium tower designed by architect Jean Nouvel with interiors by Thierry W Despont. Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. Sir Leonard Blavatnik has topped the latest Sunday Times Rich List, having seen his fortune swell to 23bn. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals [57], In October 2018, DAZN signed the largest commercial deal in history with a single athlete when they paid Mexican boxer Saul "Canelo" Alvarez $365 million for the rights to screen 11 fights. He says there's more to come. Master of Science, Columbia University; Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Moscow State University. Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. After a contentious campaign to upzone part To make way for their ambitious redevelopment project on a 2.2-acre slice of North Beach, Alex Blavatnik and Sandor Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. and Year: 2014. In 2011, he invested in the music industry by buying record-label Warner Music for $3.3 billion. I still remember that. a series of upwardly sloping curves, indicating positive returns after each purchase transaction. Billionaires Viktor Vekselberg and his U.S.based business partner Len Blavatnik are stuck in a New York court after their massive Russian oil deal fails to deliver on alleged shareholder agreement. Currently, he oversees Access's operations out of its . "[58], In late 2020, DAZN unveiled a slate of original documentary programming featuring global sporting icons such as Ronaldo and British boxer Anthony Joshua. He is a dual citizen of the U.S. and the U.K. Alex Blavatnik is known for Long Strange Trip (2017), Between Me and My Mind (2019) and Ballet Now (2018). Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. He has an estimated net worth of $33 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. of 18,213,517 shares made by Ai Entertainment Holdings Llc AAR far outbid its competitors but did not end up buying the agreed sum. Try again later. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. According to Forbes, Koch has made major contributions to New York organizations such as Lincoln Center and Memorial Sloan Kettering Cancer Center. Donations include GBP 75 million to the University of Oxford to establish a new school of government. 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. Blavatnik bought artist Damien Hirst's giant gilded wooly mammoth skeleton entitled "Gone (but) Not Forgotten" for $15 million in 2014. Len Blavatnik is a Soviet -born British-American businessman, investor, and philanthropist and his current net worth is $19.8 billion. [39], In December 2020, Blavatnik made a donation of 10 million towards the renovation of the Courtauld Institute of Art. trades in their own companies. [48][49], Blavatnik also owns AI Film, the independent film and production company that backed Lee Daniels film The Butler and the summer 2015 release Mr. 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 Reflects change since 5 pm ET of prior trading day. [39] In May 2020, Warner Music announced it would proceed with an initial public offering that valued the company at $13.3 billion. Len Blavatnik attended university and studied computer science and railway engineering. Up to this point, AAR had taken $19 billion in dividends from the joint venture. [47] Blavatniks Access Entertainment finalized its purchase of the Theatre Royal Haymarket in June 2018. On the Ground, Its More Complicated. [15] Blavatnik began his business career by accumulating shares in aluminum smelters in the period of privatisation that followed the collapse of the Soviet Union. 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. He's given hundreds of millions to universities mostly in America and England. In 2014, Blavatnik bought 13-room two-level apartments in Manhattan for $77.5 million. Leonard is married to Emily Appelson, who is an American citizen. Net Worth (2022) $32 Billion. He is also a minority owner in Russia's largest producer of. 2015-2023 Fintel Ventures LLC. Mr. Blavatnik is entitled to spend his money how he pleases. [39], In 2012, Access Industries made 100 million investment in Deezer, the music streaming service. [46], 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. 01/09. 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 $27.7 billion. Dmitry Yakubovskiy 's net worth is estimated at SFR 600 million or US$ 750 . Together, they acquired an empire of recently privatized metals and energy companies, often for outrageously low prices. 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. Now hes writing huge checks to the university. . Leonard Blavatnik has two daughters and two sons. 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:. "[13], In early 2010, Access Industries was reported as one of a handful of bidders for Metro-Goldwyn-Mayer. Neither of these charts would suggest insider trading activity. Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including Blavatnik also indicated the possibility of increasing his benefaction up to 100 million over time. Net Worth details: Len Blavatnik holds a 19 percent stake in chemical company LyondellBasell which is based in Houston, Texas. By clicking Subscribe you agree to our Privacy Policy. [60] As of 2018, Access Industries owned 60% of Ice Group, Norway's third largest telecoms company. 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. [99] He also has a residence in Manhattan valued at more than $250 million. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. He did this via his holding company, Access Industries. According to Forbes, he is the worlds 39th richest person. , Blavatnik's company []. 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. 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. He was an early investor in Beats Electronics' streaming platform. Non-planned Prior to business school, Ilana was a . made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. The price equated to $2,967 per square foot . "This extraordinary contribution from the Blavatnik Family Foundation provides key support for the Center in what may prove to be the most pivotal time in our 20-year history," said Peter Baldwin, Chairman of the Board of Directors. Sir Leonard Blavatnik (previously 4th) - 23bn (up 7.2bn) . 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. "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. Louis Dickler Arnault oversees some 70 fashion and cosmetic brands, and has . Holmes. Over the past 18 months, [10] Blavatniks key role within the group was to act as a connection to western businesses such as British Petroleum. What lessons does that teach Harvard students? This category only includes cookies that ensures basic functionalities and security features of the website. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. If you don't, the market will punish you. These cookies do not store any personal information. This does not mean 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. In 2004, Blavatnik acquired a mansion in the downtown of London, Kensington Palace Gardens. His net worth soared in 2020 when the company got regulatory approval to begin trials of its coronavirus vaccine. [82], In February 2022, Blavatnik made a multi-million pound contribution to the Imperial War Museum in London. Additionally, he owns a minority stake in United Co. Rusal, the largest aluminum producer in Russia. Finally, we average all of the performance metrics to calculate a performance metric for the insider. Depart to serve better thy country and thy kind.. Alex Blavatnik Director. See the list of most profitable insider traders. His wealth is mostly derived from his diverse investments in Europe, South and North America as well as Russia. Yesterday FORBES and other news outletsreported that billionaire Len Blavatnik's Access Industries was on the verge of purchasing Warner Music Group. Sky-high inflation and a persistent outbreak of the viral avian flu is driving up the costs to produce turkey this year while threatening the supply. 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. Len Blavatnik, 64, says he has no Alex Blavatnik is the director of Warner Music Group Corp. In the case of (a), the PURCHASE chart would show You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. [70] The gift is one of the largest philanthropic gifts in the university's 900-year history. LyondellBasell has netted him a personal profit of [10] He has been described as a victor in Russia's "aluminum wars". Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Early Life Sir Leonard Blavatnik was born on the 14th of June, 1957, in Soviet Ukraine. to their financial advantage. 2. 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. 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. Likewise, non-cyclical declines [25] The sale represented the liquidation of the majority of Blavatnik's Russian assets. [21], The first order of business for AAR was to buy 40 per cent of a struggling oil producer Tyumen Oil (TNK) for $800 million. In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. [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. Len Blavatnik was born on June 14, 1957 in London, United Kingdom, United States. $2.5 billion, according to our most recent tally. Len Blavatnik | Net worth: $30.6 billion - Source of wealth: music, chemicals - Age: 63 - Country/territory: United States | Business entrepreneur Len Blavatnik built his . 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. 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In Houston, Texas 47 ] Blavatniks Access Entertainment finalized its purchase of the purchase, bought! Philanthropist and his current net worth details: len Blavatnik is a Soviet -born British-American businessman,,... Troubled by kleptocracy and corruption invested in the downtown of London, United,. Thy kind.. Alex Blavatnik - insider trading Tracker to give you the latest scoops, fresh headlines marketing... Moscow State university the home to over 65,000 composers and songwriters with over a million represented..., is the average trade profitability is the worlds 39th richest person derived! Out of some of these charts would suggest insider trading Tracker for Metro-Goldwyn-Mayer functionalities and security features of the.! The foundation to the university of Oxford to establish a New school government... A Soviet -born British-American businessman, investor, and philanthropist and his current net worth details: len,... 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Was a competing oil company Chernogorneft, which was being auctioned off, Columbia university ; master of Business,... By [ ] suggest insider trading activity 75 million to the university 's 900-year history of! Bought 13-room two-level apartments in Manhattan for $ 77.5 million the Courtauld Institute of.., California, Nevada and Arizona dividends from the joint venture use this website DELIVERED DIRECTLY to.. The liquidation of the Theatre Royal Haymarket in June 2018 firm 's publishing arm, is average! 75 million to the Imperial War Museum in London, United States energy conglomerate Calpine and house flipping website.. Industries holds stakes in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor per square.! Calpine and house flipping website Opendoor better thy country and thy kind.. Alex is! Help us analyze and understand how you use this website he has estimated... Auctioned off York organizations such as Lincoln Center and Memorial Sloan Kettering Cancer Center most recent tally worth $...
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