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

Apple in talks to buy Shazam for $560m

DN Capital, Acacia Capital Partners, and Mexican billionaire Carlos Slim's America Movil, along with Universal Music Group, Sony Music Entertainment and Len Blavatnik's Access Industries (parent of Warner Music Group). Shazam has raised
Posted: December 8, 2017, 7:00 am

“There Is No Stopping Technology”: Bronfman Dishes on His New Media Dynamo

Perhaps in some alternate universe, Edgar Bronfman Jr. would be running Time Inc., the formerly hegemonic magazine colossus that he and fellow investors Len Blavatnik and Ynon Kreiz made a play at before dropping their bid earlier this year. In that world ...
Posted: December 7, 2017, 5:02 pm

Graydon Carter gathers high-profile friends to celebrate new movie

Alex Witchel and Len Blavatnik. (Not there was troubled Fiat heir Lapo Elkann.) The movie airs on Dec. 18. Also this week, we hear that Carter was being thrown a going away party at Balthazar by Condé Nast CEO Bob Sauerberg with guests including top execs ...
Posted: December 6, 2017, 7:09 pm
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