Net Worth & Profile
Len Blavatnik Biography and Net Worth
Sir Leonard Valentinovich Blavatnik is a philanthropist and businessman. He was born in Ukraine but has now gained British citizenship.
Who is Len Blavatnik?
Sir Leonard Valentinovich Blavatnik is a philanthropist and businessman. He was born in Ukraine but has now gained British citizenship.
Bio Data
| Name | Len Blavatnik |
| Gender | Male |
| Date of Birth | Jun 14, 1957 |
| Age | 66 years old |
| Place of Birth | Odessa |
| Profession | Businessperson, Entrepreneur, Financier, Film Producer |
| Nationality | United Kingdom |
| Net worth | $40 Billion |
Biography
Blavatnik was born in 1957 in Odesa, which was part of the Soviet Union at the time. He was born into a Jewish family. When Blavatnik was a child, his parents moved to Yaroslavl, a city in Russia located north of Moscow.
While at Moscow State University of Railway Engineering, Blavatnik became close friends with Viktor Vekselberg, another Ukrainian Jew.
In 1978, Blavatnik’s family left the Soviet Union and moved to the United States. He earned a master’s degree in computer science from Columbia University’s School of Engineering and Applied Science in 1981 and later pursued an MBA from Harvard Business School in 1989.
Career
Jewish-born Blavatnik, who was born in 1957 in Odesa, USSR, later resided in Yaroslavl, Russia. Despite starting his studies at Moscow State University, he was unable to finish because of requests for emigration visas. The Blavatnik family relocated to the US in 1978. In 1981, he received a master’s degree in computer science from Columbia University, and in 1989, he received an MBA from Harvard.
Blavatnik formed Access Industries Holdings in 1986, and he currently holds the positions of chairman and president. The corporation owns sizable investments in Warner Music Group, LyondellBasell, the top manufacturer of polypropylene in the world, as well as other publicly traded assets.
After the fall of the Soviet Union, Blavatnik bought privatized state assets in Russia, primarily in the aluminum industry. Notably, his investment in Sual helped create United Company Rusal, the leading producer of aluminum in the world. He was a board member of Rusal from 2007 to 2016.
Through the Blavatnik Family Foundation, Blavatnik generously supports philanthropic and cultural institutions like the British Museum, Tate Modern, and others.
Net Worth
Forbes estimated his fortune to be $35.4 billion in March 2022, placing him among the 20th to 33rd richest persons in the world. In 2017, he was knighted for his charitable work.
Personal Life and Marital Status
Blavatnik and his wife, Emily Appelson Blavatnik, have four children, and he has close relationships with powerful politicians. Among his buddies are Israeli Prime Minister Benjamin Netanyahu and former President Donald Trump.
He also has a business relationship with Russian businessman Viktor Vekselberg. Blavatnik is a dual citizen of the United Kingdom and the United States. He was awarded the French Legion d’Honneur in 2013. Then, in 2017, Queen Elizabeth II knighted him for his charitable activities in the Birthday Honours.
FAQs
Q: Who is Len Blavatnik?
A: Len Blavatnik is a successful businessman and a generous giver. He was born in Ukraine, but he’s now a British and American citizen.
Q: What businesses is Len Blavatnik in?
A: Len Blavatnik leads Access Industries Holdings, a company he started. They’re into chemicals, music, and more. He’s also put money into LyondellBasell and Warner Music Group.
Q: What does Len Blavatnik do to help others?
A: Len Blavatnik is known for his giving heart through the Blavatnik Family Foundation. He helps places like the British Museum and Tate Modern. He’s even received awards from Queen Elizabeth II and the French Legion d’Honneur for his good deeds.