Len Blavatnik Net Worth is$7.5 Billion
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Profession: Businessperson, Entrepreneur, Financier
Date of Birth: Jun 14, 1957
Nicknames: Len Blavatnik
Ethnicity: Jewish people
Country: England, United Kingdom, United States of America, Russia
Len Blavatnik is the founder, chairman and President of Access Industries and has a net worth of $7.5 billion. Len Blavatnik earned his net worth through his business investments in coal, oil, real estate and more, as well as serving on the board of many companies and Universities. He was born in the Soviet Union, Russia.
Len Blavatnik (Russian: ?????? ???????????? ?????????, Leonid Valentinovich Blavatnik) (born June 14, 1957 in Moscow, Russia) is a Russian-American businessman, currently living in New York City, with a home on Kensington Palace Gardens. He has made his fortune through diversified investments, through Access Industries, in Russia, Europe, North and South America.
Born in the Soviet Union, he attended University in Moscow. He emigrated with his family from Russia to the U.S. in 1978, and received a masters in computer science from Columbia University and an MBA degree from Harvard Business School in 1989. In the West, he is known as Len Blavatnik.
In 1986 he founded Access Industries, an international industrial group, of which he is Chairman and President. Access has long-term strategic holdings in Europe, North and South America. Initially, he moved into Russian investments, just after the fall of communism. With a friend from university, Viktor Vekselberg, they formed the Renova investment vehicle, and then the two joined with Mikhail Fridman's Alfa Group to form the AAR venture. To date, Access has diversified its portfolio to include investments in industries such as oil, coal, aluminum, petrochemicals and plastics, telecommunications, media, and real estate.
AAR gained a controlling stake in Russian oil company TNK through privatisation auctions, then in 2003 sold 50% stake to British Petroleum to form TNK-BP, one of Russia's largest oil companies, where Blavatnik serves on the board of directors.
Blavatnik also has interests in UC Rusal, the world's largest aluminum producer, where he sits on the board.
On May 6, 2011, Warner Music Group announced its sale to Access for US$3.3 billion. On July 20, 2011 an Access affiliate acquired Warner Music Group for $3.3 billion.
Mr Blavatnik is also 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 Adviso

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Len Blavatnik Latest News

Know your oligarch: A guide to the Jewish machers in the Russia probe

(The Dallas Morning News has a handy set of interactive charts.) There’s Len Blavatnik, the dual British-American citizen who dumped huge amounts of cash on Republican candidates in the last election cycle, much of it funneled through his myriad ...
Posted: May 22, 2018, 2:40 pm

EIP Pharma flies into a high-risk PhIIb Alzheimer’s study fueled with $20.5M from billionaire Len Blavatnik’s Access Industries

Undeterred by the string of failures plaguing Alzheimer’s drug development, a young startup based in Cambridge, MA has tapped an unconventional source for $20.5 million to advance a repurposed drug in the clinic. The new funds — coming from billionaire ...
Posted: May 16, 2018, 4:00 am

Mount Sinai receives $10M gift to support women's healthcare

New York City-based Mount Sinai Health System received a $10 million gift from Emily and Len Blavatnik, to establish an institute dedicated to women's health research. The donation will create the Blavatnik Family Women's Health Research Institute at the ...
Posted: May 16, 2018, 12:06 pm
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