Len Blavatnik

Born Leonid Valentinovich Blavatnik on the 14th day of June, 1957 in a place called Odessa in Ukraine, Len is an American-Ukrainian businessman with an estimated net worth of $20.1 billion.

A large percentage of Len Blavatnik’s wealth is as a result of his business dealings in oil, coal, real estate and other business sectors, in addition to being a member of boards of several companies and Universities. His net worth was vastly extended through Access Industries, an international production group that is based in New York and it became a long term deliberate in North and South America as well as Europe. He founded Access Industries in 1986.

Len Blavatnik went to school in Moscow’s State University of Railway Engineering and it was until 1978 that Len found his way into the United States of America. Once in America, Len knew what he wanted in life and he immediately enrolled into a masters degree program at Columbia University, where he graduated with a masters degree in computer science. He further progressed with his education process and enrolled at the Harvard Business School where he left in 1989 with an MBA.

Len Blavatnik started his company, Access Industries while still studying for his masters degree. This international company has holdings in Russia, South and North America as well as other parts of Europe. Len’s industry has investments in a number of major industries including oil, coal, aluminum, media, telecommunication, plastic, real estate as well as petrochemicals. Len is now the president of this group as well as the chairman of the board.   

In 2005, Len’s industry bought Basell Polyolefins for an estimated $5.7 billion and in 2007; Basell bought Lyondell Chemical Company to form LyondellBasell Industries, the third largest company in the world dealing with chemicals.

His continued building of his billionaire empire saw this business tycoon come together with Viktor Vekselberg and Mikhail Fridman’s Alfa Group to form AAR. He has also been closely linked with UC Rusal, a company that is considered the largest producer of aluminum across the globe. He is also a member of the board of this company.

In 2013, Len Blavatnik was paid $50 million by JPMorgan Chase after he sued the company in 2010 for losing $100 million after following their advice. In 2011, Len’s Access Industries bought the Warner Music Group for an estimated $3.3 billion. In 2012, Len donated 72 million euros that led to the establishment of the Blavatnik School of Government at the University of Oxford aimed at training special former students. Furthermore, he also donated $50 million to Harvard Business School.

Len Blavatnik has participated in numerous charitable events and as a result, he was named the most charitable being Oxford University has had in its 900 year history.

Outside public life, Len is a family man married to Emily Appelson Blavatnik and the two have four children together.

Interesting Facts about Len Blavatnik

  • Len Blavatnik is a Ukrainian-born American businessman with an MBA from Harvard.
  • A lot of Len’s wealth has come from investments in coal, oil and aluminum.
  • He is the founder of Access Industries.
  • He is known as the most charitable man in Oxford University’s life-long history.
  • He is of a Jewish ancestry.

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)