alex blavatnik net worthalex blavatnik net worth

Len Blavatnik is a Soviet -born British-American businessman, investor, and philanthropist and his current net worth is $19.8 billion. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Access currently owns approximately 21% of LyondellBasell. [10] Blavatniks key role within the group was to act as a connection to western businesses such as British Petroleum. The self-made billionaire's wealth has ballooned in recent years thanks to his privately held . He is also a minority owner in Russia's largest producer of aluminum, United Co. Rusal. [12] He also received the 2017 Samuel Johnson Medal from the school. [29] LyondellBasell stock has increased 103% in value since April 2010. Len Blavatnik, the best (Profession) in the world, is worth $33 billion. Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! He made a fortune selling his stake in Russian oil company TNK-BP for $7 billion in 2013. [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. 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. Or maybe they are the same thing. [10] The college was one of the only high-ranking colleges in Moscow to accept Jewish people, who were then subject to widespread discrimination in the country. ", "Access Industries to Buy Lyondell Chemical", "BP, Russian billionaires, and the Kremlin: a Power Triangle that never was", "A Rocky Road Led to Big Russian Oil Deal", "INTERNATIONAL BUSINESS; Foreign Investors Win Court Order in Russian Oil Case", "Denied Visa, Chief of BP Joint Venture Is Forced to Leave Russia", "Harvard Med Gets Record Gift From Blavatnik to Speed Research", "C&EN's Global Top 50 Chemical Firms For 2014", "LyondellBasell May Seek Chapter 11 Bankruptcy Protection", JPMorgan Chase ordered to pay Blavatnik $50 million in damages, "Len Blavatnik wins $50m in JPMorgan lawsuit", "Warner Music to be sold in $3.3 billion cash deal", "Warner Music Is Sold, Ending a Long Auction", "Access Industries buys Warner Music Group for $3.3bn Music Business Worldwide", "Debt Sinks Warner Earnings, Despite Hits From Bubl and Black Keys", "Deezer takes fight to Spotify with Paris IPO", "Perform Group surges on offer from Access Industries", "Len Blavatnik, Danny Cohen's Access Entertainment Backs Bad Wolf (EXCLUSIVE)", "James Packer has sold his stake in Hollywood film company RatPac Entertainment", "Five suitors in the running for purchase of Time Inc", "Bronfman-backed group walks away from Time Inc", "Billionaire Blavatnik leads race to buy prized West End theatre", "Sir Leonard Blavatnik buys one of London's oldest theatres", "Billionaire Takes Over West End Theater In Record-Breaking Deal", "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", "Len Blavatnik agrees $4.3bn recapitalisation of DAZN", "Len Blavatnik Agrees $4.3 Billion DAZN Recapitalization", "Blavatnik-backed DAZN strike $365m deal with boxer Canelo Alvarez", "DAZN to screen Italian football's top league", "Tycoon's 'Netflix of Sport' Beats Comcast to $3 Billion Deal", "DAZN Tells Leagues It Won't Pay for Games on Hold", "Billionaire Len Blavatnik eyes 400m float", "One of Europe's fastest-growing telecoms companies aims to raise 275m", "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", "Prestigious Blavatnik Awards for Young Scientists in the UK Award 480,000 (~$650,000) to Nine UK-based Scientists", "Sir Leonard Blavatnik's art of giving away a fortune", "Criticism sparks over Russia-linked billionaire Yale donor", Blavatnik donation of 75 million to Oxford University, "Oxford expands with billionaire's 75m gift", "School of Government launched at Oxford University", "Tate Modern names extension to mark donor's record 50m gift", "Harvard University receives $50m from MBA alumnus Len Blavatnik", $50 million donation to Harvard from Blavatnik, "Harvard Business School Names First Blavatnik Fellows in Life Science Entrepreneurship News Harvard Business School", "Billionaire and Science Academy Create Annual Prizes", "With Big Gift, Carnegie to Name Tier of Boxes for Blavatnik Family", "In Miami Beach, a once run-down district gets a bold new start", Harvard Med Gets Record Gift From Blavatnik to Speed Research, "Think Big, Take Risks, and Choose Your Partners Wisely", "Britain's richest man saves 'literary crown jewels', "Britain's richest man Sir Leonard Blavatnik endows photography gallery at the Imperial War Museum", 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? [25] The sale represented the liquidation of the majority of Blavatnik's Russian assets. For full functionality of this site it is necessary to enable JavaScript. In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. [2][3] In 2017, Blavatnik received a knighthood for services to philanthropy. Income Source. , over many years would result in downward sloping post-trade plots. I wonder if Harvard does. [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. He went public with Warner Music in June 2020 for four times the value after purchasing the company for $3.3 billion in 2011. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. As of 2019, Blavatnik was ranked 27th in the Forbes 400 list. Len Blavatnik, who made his first billions in Russia, credits much of his success to his academic parents and to his education. . He's given hundreds of millions to universities mostly in America and England. Acting CFO & Corp. Contr. Sir Leonard Blavatnik has topped the latest Sunday Times Rich List, having seen his fortune swell to 23bn. Prior to business school, Ilana was a . In July 2020, Forbes listed him as the 45th wealthiest person in the world, with a net worth of $25.2 billion. Past performance is a poor indicator of future performance. And what message does it send to citizens of countries troubled by kleptocracy and corruption? Len Blavatnik Net Worth. [84] However, he did not give directly to the Trump campaign. Mr. Blavatnik is also on the board of Clal Industries Ltd., WMG Acquisition Corp. and Warner Music Group Corp. They were very poor at the time. Now hes writing huge checks to the university. We also use third-party cookies that help us analyze and understand how you use this website. If you require advice in relation to any financial matter you should consult an appropriate professional. The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals Louis Dickler [19] In a 2002 interview, Blavatnik told Bloomberg he was even considering creating his own railways. 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. However, they must report all trades to the SEC via a Form 4. https://www.nytimes.com/2018/12/05/opinion/harvard-russian-oligarch-whitewash.html. The BF on the 767 stands for Blavatnik Family. The boxes will carry the Blavatnik name until 2066. Year: 2014. In 2004, Blavatnik acquired a mansion in the downtown of London, Kensington Palace Gardens. You will be charged [78], In 2016, Blavatnik funded a new hall at the Victoria and Albert Museum redevelopment. By clicking Subscribe you agree to our Privacy Policy. The sports streaming service is available in Japan, Germany and Canada. All Rights Reserved. [10] TNK was one of few remaining state-owned oil companies. The Ukranian-born oil and media magnate, who also owns Warner Music, saw his wealth. Cucinelli tops forecast with near 30% sales jump in 2022. Blavatnik's ABF6A LLC sold unit 6A at the 18-story luxury condo building at. [85], Blavatnik holds British and American citizenship. As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. He's among those American business magnates who've $17, 8 Billion as his net worth these days. Using his fortune originally made in Russia, Blavatnik's Access has diversified its holdings into entertainment and music. Sir Leonard Blavatnik (previously 4th) - 23bn (up 7.2bn) . The award reflects the generosity of Len and Alex Blavatnik, longtime board members at the Center. Nothing on this website constitutes, or is meant to constitute, advice of any kind. Born in Ukraine, raised in Moscow, Blavatnik emigrated to the U.S. in 1978 for school. [17], In August 2005, Access Industries bought petrochemicals and plastics manufacturer Basell Polyolefins from Royal Dutch Shell and BASF for $5.7 billion. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. [39] In May 2020, Warner Music announced it would proceed with an initial public offering that valued the company at $13.3 billion. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. 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. [40] The company listed on the Nasdaq stock exchange in June 2020. He did this via his holding company, Access Industries. The billionaire is rumored to be bidding for several studios. $30-40 Billion. Len Blavatnik was born on June 14, 1957 in London, United Kingdom, United States. a net Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. As a Blavatnik Fellow, Ilana will be focusing on M7 Health's product development and go-to-market strategy. $2.5 billion, according to our most recent tally. On Tuesday, the founder, director and sole funder of the Hudson Institutes Kleptocracy Initiative, Charles Davidson, announced that he was leaving his position at the head of the initiative because Hudson had accepted a $50,000 donation for a table at its annual gala from Leonard Blavatnik, a Soviet-born dual British-American citizen who made his money in the rough and tumble of Russias commodities privatizations during the 1990s and now owns, among other properties, Warner Music Group. and This table shows the complete list of insider trades made by Alex Blavatnik as disclosed to the Securities Exchange Commission (SEC). [96] The couple have four children. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. Ukraine-born American investor Leonard Blavatnik came in at No. [18] Blavatnik was a board member of Rusal from 2007 to 2016. His net worth soared in 2020 when the company got regulatory approval to begin trials of its coronavirus vaccine. [100], Blavatnik is a friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump. Leonard Blavatnik has two daughters and two sons. The money will be used to establish the Blavatnik Art, Film and Photography Galleries. This list only includes insiders that have made at least three trades in the last two years. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. Net Worth (2022) $32 Billion. He is the owner of the Odessa II yacht. [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. 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 Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. For this list, we included people and families who are listed as New . [30] In 2013, the New York State Supreme Court ordered JPMorgan Chase to pay Blavatnik $50 million in damages. Of Jewish ancestry, Leonid Valentinovich Blavatnik was born on June 14, 1957 in Odessa, Ukraine. 01/09. 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. [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. Profession. In response, Carnegie Hall renamed its first level of boxes "The Blavatnik Family First Tier". over many years, then we would expect all 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. Boomerang Tube, a Missouri-based company that makes pipes and tubes for oil and natural gas companies, filed for bankruptcy protection on Tuesday in Delaware. of 115,000 shares made by Lincoln E Benet Leonard Blavatnik net worth is 21.1 billion USD Leonard Blavatnik Wiki: Salary, Married, Wedding, Spouse, Family Len Blavatnik is a producer and executive, known for Hacksaw Ridge (2016), The Butler (2013) and Silence (2016). [56] The deal was believed to involve 2.5 billion euros ($3 billion) of payments over its three-season lifespan In the case of (b), the SALE chart trades in their own companies. it is illegal for them to make any Try again later. Previous Year's Net Worth (2020) $30-38 Billion. would show a series of downward sloping curves, indicating negative returns after each sale transaction. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. He has an estimated net worth of $33 billion. [39], In 2012, Access Industries made 100 million investment in Deezer, the music streaming service. [5] Blavatnik made his wealth through the acquisition of these commodities. Fundamental company data provided by Morningstar, updated daily. In addition, Mr. Blavatnik is engaged in numerous philanthropic pursuits and sits on the boards of several educational and charitable institutions. I am a wealthy man. It is illegal for insiders to make trades in their companies based on specific, non-public information. ", Related by financial asset: United Co. RUSAL Plc, Related by financial asset: Block Inc Class A. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. In 2013, music sensation Bruno Mars was hired to perform at his teenage daughters bat mitzvah since she was a huge fan of the singer. He joined Access Industries in 1996 in order to handle the organizations activities in Russia. [70] The gift is one of the largest philanthropic gifts in the university's 900-year history. Hence, very little is known about them. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies. [23] It was the first time that a foreign company was in control of a major producer in Russia's energy heartland. His wealth is mostly derived from his diverse investments in Europe, South and North America as well as Russia. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. A change in price from $10 to $20 would would be 100%, and a change in price of $10 to $5 would be -50%. [7][8][9] Blavatniks parents moved to Yaroslavl, a Russian city north of Moscow, when Blavatnik was a child. Now worth $171 billion, Arnault's wealth eclipsed the Tesla CEO's $164 billion fortune . Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. the post-purchase plots to be upwardly sloping. $ + tax [50] 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. The yacht is a 73.80-meter motor yacht custom-built by Nobiskrug in Rendsburg in 2013. . Earlier today the two sides announced the deal: a $3.3 billion all-cash buyout of the world's third-largest music company, whose artists include Green Day, Metallica and Bruno Mars. Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. [83], In 2011, Blavatnik donated to both President Barack Obama and his GOP rival, former Massachusetts governor Mitt Romney. At the time of the donation, Lord Patten, Chancellor of the University of Oxford, described it as "a once-in-a-century opportunity for Oxford. 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. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. Silicon Valley tycoons dominated the top of the global rankings . We then calculate the average performance of those trades over 3, 6, and 12 months, averaging GuruFocus.com is not operated by a broker or a dealer. I will spend whatever it takes. 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. [82], In February 2022, Blavatnik made a multi-million pound contribution to the Imperial War Museum in London. The Financial Times reported that this would enable the company to target new revenue streams in betting. However, this alone is not enough to draw conclusions. Neither of these charts would suggest insider trading activity. [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. A 1993 graduate of Columbia University, Mr. Blavatnik joined Access in 1996 to manage the Company's growing activities in Russia. Click here to see the complete history of Alex Blavatniks form 4 insider trades. "[21] At the time of the purchase, Blavatnik, a U.S. citizen, was living in New York. Anti-corruption activists are worried", "Russian-born U.S. billionaire offers to buy Ma'ariv", "The world's 50 Richest Jews: 11-20: Len Blavatnik", "Secret Staircases and Gold Everything: A Tour of Russian-Billionaire New York", "From Russian oil to rock'n'roll: the rise of Len Blavatnik", "Len Blavatnik visits Medical School, discusses philanthropy, science", "The Blavatnik Fund for Engineering Innovations in Health", "Warner Music Suitor's Record of Deal-Making", "Warner Music lands $1.9bn share sale for owner Len Blavatnik", "World's Newest Music Mogul: Who is Len Blavatnik? Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. All rights reserved. He is also a minority owner in Russia's largest producer of. 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. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights. Up to this point, AAR had taken $19 billion in dividends from the joint venture. He says there's more to come. This situation would be highly suggestive of an insider that was timing trades In this situation, we would Source: Olen Properties Corp. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. Alex Blavatnik made One of Mr. Blavatniks early investments, United Trading Company, which he owned with Viktor Vekselberg, another oligarch also under American sanctions, brought him censure from the Russian government. The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. On the Ground, Its More Complicated. 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You also have the option to opt-out of these cookies. Likewise, non-cyclical declines Mr. Blavatnik is entitled to spend his money how he pleases. The story: Igor Olenicoff, 72, has . Nearly $150M worth of condos on the market, Miami Beach approves new overlay district for Ocean Terrace, Alex Blavatnik buys at Faena House for $11.6M. This website uses cookies to improve your experience while you navigate through the website. It is mandatory to procure user consent prior to running these cookies on your website. 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. Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. [10] 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 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:. 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 As a Harvard alumna, I find this appalling. [6] Through Access Industries Holdings Blavatnik owns most of Warner Music Group and has stakes in several publicly traded assets. The deal was arranged at the top levels of the Russian government; since 2004, Rosneft has been run by a close ally of Mr. Putin, Igor Sechin, a former deputy prime minister. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. They were both academics and the family immigrated from Ukraine to the United States in 1978. [59], Access Industries purchased the mobile phone technology company Acision from the IT Group Logica for 265 million in 2007. Sources reported that the bid was around 40 million. [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. ", "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 Dbutantes", "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, "Music boss Blavatnik named as Britain's richest man", "Leonard Blavatnik named UK's richest person with 23bn fortune", The New York Academy of Sciences' Blavatnik Awards for Young Scientists, https://en.wikipedia.org/w/index.php?title=Len_Blavatnik&oldid=1133391972, This page was last edited on 13 January 2023, at 15:20. 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. 2. Together, they acquired an empire of recently privatized metals and energy companies, often for outrageously low prices. Already a member? 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. Meanwhile, London-based Dazn aims . Blavatnik was born in Ukraine, emigrated to the . [103], In May 2021, he once again topped the Sunday Times Rich List, having seen his wealth increase by 7.2 billion in the year to a total of 23 billion. [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. What is Len Blavantik's net worth? [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. Net worth: $3.2 billion. [34] On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion. Vekselberg would later go on to found Renova Group[10], 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's School of Engineering and Applied Science in 1981[11] and an MBA from Harvard Business School in 1989. Reflects change since 5 pm ET of prior trading day. Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. [17], In 1997, Blavatnik Access Industries united with Viktor Vekselberg's Renova Corp and Mikhail Fridman's Alfa Group, to form a company AAR (Alfa, Access, Renova). Alex Blavatnik, Brother of Billionaire Len Blavatnik, Pays Nearly $25 Million for MoMA Penthouse. Two years ago the billionaire put up $1.8 billion in a second big chemicals bet. 42 with a net worth of $16.7 billion. [54] The company, which is dependent on subscriptions, saw revenue take a hit when the COVID-19 pandemic brought an abrupt halt to live sports. He is a dual citizen of the U.S. and the U.K. Russian kleptocracy has entered the donor pool of Hudson Institute, he told The New York Post. Blavatnik is precisely what the Kleptocracy Initiative is fighting against the influence of Putins oligarchs on Americas political system and society and the importation of corrupt Russian business practices and values., Sources at the Hudson Institute said that Kleptocracy Initiative would continue, but did not comment on the Blavatnik gift. Alex Blavatnik - Net Worth and Insider Trading Alex Blavatnik Insider Ownership Reports Based on ownership reports from SEC filings, as the reporting owner, Alex Blavatnik owns 1 companies in total, including Warner Music Group Corp (WMG) .

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