Billionaire Len Blavatnik Pledges $30M To Fund Young Scientists And Keep Innovation In The U.S. Len Blavatnik's LyondellBasell Trade Is Becoming Legendary, Billionaire Len Blavatnik Buys Warner Music Group For $3.3 Billion, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Also a philanthropist, he serves on the boards of several charitable and educational institutions. [95], Blavatnik is married to Emily Appelson Blavatnik. As of January 2023, Len Blavatnik's net worth is estimated to be roughly $32 Billion. These cookies do not store any personal information. [6] He refers to himself as a self-made billionaire.[3]. . "This extraordinary contribution from the Blavatnik Family Foundation provides key support for the Center in what may prove to be the most pivotal time in our 20-year history," said Peter Baldwin, Chairman of the Board of Directors. Len Blavatnik's tertiary education in Moscow was cut short by emigrating to the USA with his family in 1978. On December 20, 2007, Basell completed its acquisition of the Lyondell Chemical Company for an enterprise value of approximately $19 billion. Blavatnik has been a producer on several Broadway shows including "The Front Page" and "Sunset Boulevard. His portfolio includes over $3.8 billion in art and real estate, as well as a $2 billion share of the DAZN group and a $6.8 billion stake in chemical giant LyondellBasell Industries. He joined Access Industries in 1996 in order to handle the organizations activities in Russia. You might contact Alex Blavatnik via mailing address: C/o Warner Music Group Corp., 1633 Broadway, New York Ny 10019. We are delighted that you'd like to resume your subscription. The Blavatnik Family Foundation actively funds and supports young scientists of America, recognizing their efforts in the field of scientific research in physical, life sciences and engineering. 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. As a Blavatnik Fellow, Ilana will be focusing on M7 Health's product development and go-to-market strategy. Nothing on this website constitutes, or is meant to constitute, advice of any kind. The Ukranian-born oil and media magnate, who also owns Warner Music, saw his wealth. After getting British citizenship, Blavatnik was knighted by Queen Elizabeth II for his . Ukraine-born American investor Leonard Blavatnik came in at No. Of Jewish ancestry, Leonid Valentinovich Blavatnik was born on June 14, 1957 in Odessa, Ukraine. 01/09. The renowned inventor has been named on the rich list for a couple of years now, but he emerged as the wealthiest person in the United Kingdom for the first time in 2020 with a net worth estimated at 16.20 million. [67], In December 2021, Blavatnik donated half of the 15 million required to prevent the sale and dispersal of the Honresfield Library on the open market. [57] Shortly after the outbreak of the pandemic, DAZN was forced to tell European football leagues that it would not pay for games that had been put on hold. LyondellBasell has netted him a personal profit of [5] He owns most of Warner Music Group and has stakes in several publicly traded assets via his privately held U.S. company Access Industries Holdings. each of those durations to generate a final performance metric for each trade. [52], DAZN (pronounced "da zone") has been described as the "Netflix of sports". The first dean of the school is professor Ngaire Woods. He is also a minority owner in Russia's largest producer of. [39] In May 2020, Warner Music announced it would proceed with an initial public offering that valued the company at $13.3 billion. The Soviet-born Blavatnik is the wealthiest person in Britain, with an estimated net worth of $39.9 billion built on his company Access Industries' diversified investments in everything from . [67] Some critics characterize his donations as influence-buying and whitewashing. [105] He was knighted by Queen Elizabeth II in the 2017 Birthday Honours for services to philanthropy. Currently, he oversees Access's operations out of its . Enjoy a 7-Day Free Trial Thru Jan 25, 2023. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. [19] He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle. But institutions like the Hudson Institute and Harvard, which at least in principle stand for the ethical pursuit of knowledge, sully themselves by accepting it. Since 2007, the Blavatnik Family Foundation together with the New York Academy of Sciences has supported the Blavatnik Awards for Young Scientists. 2004-2023 GuruFocus.com, LLC. This category only includes cookies that ensures basic functionalities and security features of the website. Or God. Sir Leonard Valentinovich Blavatnik (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. nearly $8 billion. Insiders are officers, directors, or significant investors in a company. In the case of (a), the PURCHASE chart would show Feedback for the Mock Behavior Analysis Exam is provided by content area, not by question. Alex Blavatnik Director, Warner Music Group Corp. . [17][20], Blavatnik and Vekselberg initially obtained a stake in the Irkutsk Aluminum Plant. Apart from being a business tycoon, Blavatnik strongly believes in giving back to the needy. 01/10. Sign In. On the Ground, Its More Complicated. You will be notified in advance of any changes in rate or terms. Len Blavatnik is a Soviet -born British-American businessman, investor, and philanthropist and his current net worth is $19.8 billion. At Moscow State University of Railway Engineering, Blavatnik became close friends with Viktor Vekselberg, another Ukrainian Jew. Nevertheless, its hard to find too many people whose personal balance sheets have taken more of a hit by []. would show a series of downward sloping curves, indicating negative returns after each sale transaction. Other key executives at Warner Music Group Corp include By now, most Americans are aware of the deep and disturbing connections between Russias oligarchs and the countrys president, Vladimir Putin, thanks to an onslaught of news coverage and a growing list of sanctions aimed at them and their business empires. to the present day. The 2022-2023 Blavatnik Fellows are: Ilana Springer Borkenstein, RN (MBA 2022) is the co-founder and CEO of M7 Health, a technology company addressing the critical nursing shortage in the US. [81], In June 2020, on the day of the Warner initial public offering, Access announced a $100 million fund to support "charitable causes related to the music industry, social justice and campaigns against violence and racism", supported by the Blavatnik family foundation. In 2017, Blavatnik received a knighthood for services to philanthropy.. Blavatnik made his initial fortune after the collapse of . ELON MUSK. Len Blavatnik's net worth is valued at $37 billion After the collapse of the Soviet Union, Blavatnik bought up former state assets in Russia that were privatized by the government. He is also the Executive Vice President and Vice Chairman of Access Industries, along with being a director of WMG Acquisition Corp. For his contributions to philanthropy, Blavatnik was knighted in 2017. By selling ads in their games, Tripledot did $200 million in revenue last yearup 250% from the previous yearon estimated profit of around $30 million. of 510,165 shares made by Max Lousada But he is undoubtedly a Kremlin insider, someone who has made an enormous fortune trading on his political connections to a deeply corrupt circle of oligarchs and a criminal Russian state. [34] On July 20, 2011, an Access affiliate acquired Warner Music Group for $3.3 billion. The average trade profitability is the average return of all the open market purchases The majority of Blavatnik's fortune derives from an 73% stake in Warner Music Group, a record label and entertainment conglomerate. There was a lot of excitement on Wall Street when the billionaire Len Blavatnik pocketed nearly $2 billion in cash after Warner Music, the world's third-largest record label, completed its. See the list of most profitable insider traders. NELSON PELTZ. AAR reportedly paid just a quarter of the sum. Seats: 23Value: US$ 90 million. [94], Blavatnik donated $5,200 to the Pete Buttigieg 2020 presidential campaign and $5,600 to the Joe Biden 2020 presidential campaign. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Access currently owns approximately 21% of LyondellBasell. The same year, the Russian billionaire Mikhail Blavatnik sued JPMorgan Chase after losing $100 million after following Morgan's advice three years earlier to buy mortgage securities with AAA credit ratings. Registration: D-ALEX. If you require advice in relation to any financial matter you should consult an appropriate professional. You may cancel your subscription at anytime by calling [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. Consider the situation where an insider was doing this. Eric Eisner, Nick Koskoff, Alex Blavatnik. Alex Blavatnik - Insider Trading Tracker. Over the past 18 months, It is mandatory to procure user consent prior to running these cookies on your website. Net worth: $3.2 billion. Sky-high inflation and a persistent outbreak of the viral avian flu is driving up the costs to produce turkey this year while threatening the supply. 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. over many years, then we would expect all However, this alone is not enough to draw conclusions. 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? Leonard Blavatnik has two daughters and two sons. You may change your billing preferences at any time in the Customer Center or call [99] He also has a residence in Manhattan valued at more than $250 million. [43][44], In 2017, Blatvatnik was named as possible purchaser of the publisher Time Inc. Blavatnik prepared the bid with Edgar "Ed" Bronfman Jr, the former chief executive of Warner Music. The award reflects the generosity of Len and Alex Blavatnik, longtime board members at the Center. Billionaire financier Len Blavatnik's bet on Early life and Education Blavatnik was born in Odesa, Soviet Ukraine, to a Jewish circle of relatives. Currently, he oversees Access operations out of its New York-based headquarters and serves as a director of various companies in the Access global portfolio. sale Russian kleptocracy has entered the donor pool of Hudson Institute, he told The New York Post. Len Blavatnik, the Ukrainian-born and Russian-raised billionaire businessman with a net worth of $17.9 billion, says he has given away $500 million to charity so far, mostly to world-renowned . He acquired the property in 2004. Fundamental company data provided by Morningstar, updated daily. The company also invested in regional electricity generating stations, which they used to supply power to their energy-intensive aluminium businesses. The Ocean Club on Paradise Island is now part of the Four Seasons Hotels & Resorts family of properties. [100], Blavatnik is a friend of former Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump. Len Blavatnik Net Worth. In addition, Mr. Blavatnik is engaged in numerous philanthropic pursuits and sits on the boards of several educational and charitable institutions. [17] TNK then went on an acquisition spree, alighting on the oil company Sidanco, which was part-owned by the U.K. oil giant, British Petroleum. He is a dual citizen of the U.S. and the U.K. I wonder if Harvard does. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Len Blavatnik | Net worth: $30.6 billion - Source of wealth: music, chemicals - Age: 63 - Country/territory: United States | Business entrepreneur Len Blavatnik built his . and [92] Since April 2016, Blavatnik contributed $383,000 to the Republican National Committee and $1 million to Trump's inauguration fund; he also made a donation to Trump's legal fund. Type: Airbus A319. If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they've made are too recent to calculate a reliable performance metric. Noted, Leonard's primary income source is Business, Currently, We don't have enough information about Cars, Monthly/Yearly Salary, etc. Customer Service. , In 2017, the gallery named their new 266 million extension building the Blavatnik Building. There are a lot of rewards for established scientists, but I don't think young scientists get enough encouragement and support in a systematic way. This follows on a $50 million gift by the foundation to the university in 2013. a series of upwardly sloping curves, indicating positive returns after each purchase transaction. Income Source. 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) . 42 with a net worth of $16.7 billion. The stock performance is charted as cumulative percent change in share Meanwhile, London-based Dazn aims . 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 Blavatniks entertainment firm Access Entertainment bought the 67-year lease remaining on the Theatre Royal Haymarket, for a reported 45 million. All Rights Reserved. That investment is currently worth $5.24 billion in mostly unrealized gains. [17], In August 2005, Access Industries bought petrochemicals and plastics manufacturer Basell Polyolefins from Royal Dutch Shell and BASF for $5.7 billion. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Their original investment was $8 billion of assets. He is an active philanthropist through his Blavatnik Family Foundation. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security Try again later. Above is the net worth, insider trading, and ownership report for Alex Blavatnik. The billionaire is rumored to be bidding for several studios. What lessons does that teach Harvard students? A 1993 graduate of Columbia Business School, Mr. Blavatnik joined Access in 1996 to manage the companys growing activities in Russia. [27] On January 6, 2009, the U.S. operations of LyondellBasell Industries filed for bankruptcy.[28]. 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. Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. But he did succeed in attaching his name to Harvard for generations to come. In 2004, Blavatnik acquired a mansion in the downtown of London, Kensington Palace Gardens. Len's income mostly comes from and basic source is being a successful French -born British businessman, investor, and philanthropist. If, for example, the share price of the company was in a non-cyclical climb Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. It is illegal for insiders to make trades in their companies based on specific, non-public information. Cucinelli tops forecast with near 30% sales jump in 2022. [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. to their financial advantage. In 2014, Blavatnik bought 13-room two-level apartments in Manhattan for $77.5 million. Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz. expect either (a) positive returns after purchases, or (b) negative returns after sales. For this list, we included people and families who are listed as New . He attended Moscow State University of Railway Engineering but did not complete his coursework due to the family's request for emigration visas. This table shows the complete list of insider trades made by Alex Blavatnik as disclosed to the Securities Exchange Commission (SEC). Very little is known of Blavatniks parents. 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. ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to . Measuring roughly 4,600 square feet, the two-bedroom residence spans the 75th floor of 53 West 53rd Street, a tapered condominium tower designed by architect Jean Nouvel with interiors by Thierry W Despont. Alex Wong // Getty Images . 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. [24], In 2013, the Russian oil company Rosneft paid AAR $28 billion in cash for its 50% stake in TNK-BP. Israel's Ha'aretz newspaper calls him "one of the biggest oligarchs to have emerged from the former Soviet Union." (Disclosure: I am a visiting fellow at Hudson, but it is an honorary position, and I have neither received money from the institute nor performed work for it.). [96] The couple have four children. All Rights Reserved. [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. On Nov. 8, Harvard Medical School announced that the Blavatnik Family Foundation had pledged $200 million to the institution, creating the Blavatnik Institute and Blavatnik Harvard Life Lab. Blavatnik, 64, delivered an initial $10,000 to Hochul's gubernatorial campaign on Nov. 11, then $59,700 on Jan. 12, the filings show. 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 money will be used to establish the Blavatnik Art, Film and Photography Galleries. Owners company: Evraz. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights. Businessman. I still remember that. This website uses cookies to improve your experience while you navigate through the website. Len Blavatnik, 64, says he has no [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. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. Blavatnik says he has given or pledged over $1 billion to philanthropy, mostly to universities, including Oxford, Stanford and Harvard. 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. Len Blavatnik Net worth: $32.3 billion. Reflects change since 5 pm ET of prior trading day. Holmes. All rights reserved. Sir Leonard Valentinovich Blavatnik[a] (born June 14, 1957) is a Ukraine-born American-British business magnate and philanthropist. . Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. 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. Blavatnik was born in 1957 in Odessa, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. His investment firm Access Industries holds stakes in chemicals firm LyondellBasell, energy conglomerate Calpine and house flipping website Opendoor. This page provides a comprehensive analysis of the known insider trading history of Alex Blavatnik. In 2011, he invested in the music industry by buying record-label Warner Music for $3.3 billion. You also have the option to opt-out of these cookies. This does not mean [56] The deal was believed to involve 2.5 billion euros ($3 billion) of payments over its three-season lifespan In 1996, Mr. Blavatnik and Mr. Vekselberg helped found SUAL, a large aluminum producer; through it, they own over a quarter of Rusal. his net worth has been growing significantly in 2021-2022. 01/13. [31][32], At the time, Blavatnik told the New York Times: "The small guy can't get anywhere with suits like this. 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. Jeff Yass - Net worth: $30 billion . Those deals, and others, involved a series of transactions with individuals with checkered pasts, deep Kremlin ties and a reputation for corruption. [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. He was ranked the Fourth Richest Man in the United Kingdom in the Sunday Times Rich List 2014. of 35,000 shares. Mr. Blavatnik is also on the board of Clal Industries Ltd., WMG Acquisition Corp. and Warner Music Group Corp. (if applicable) for The Wall Street Journal. Donations include GBP 75 million to the University of Oxford to establish a new school of government. As of July 2022, the net worth of Len Blavatnik's has grown by an estimated $32 Billion. Mr. Blavatnik is an Executive Vice President and Vice Chairman of Access. Lots of rich people made lots more money. The story: Igor Olenicoff, 72, has . director & CEO Stephen Forbes Cooper Forbes ranks Blavatnik as the 59th richest in the world as of November 2019. The sports streaming service is available in Japan, Germany and Canada. $2.5 billion, according to our most recent tally. Alex Blavatnik is known for Long Strange Trip (2017), Between Me and My Mind (2019) and Ballet Now (2018). Len Blavatnik Net Worth, Biography, Wife, Age, Height, Weight, and many more details can be checked from this page.Len Blavatnik is a British-American business magnate and philanthropist of Ukrainian Jewish origin who has a net worth is around 33 billion dollars.Although many experts believe that his wealth is around thirty-five billion dollars, most newspapers believe only the figure of . Alex Blavatnik Age : 57 Public asset : 19,981,500 USD Linked companies : Warner Music Group Corp. Summary Presently, Alex Blavatnik is Vice Chairman & Executive Vice President at Access Industries LLC. Many people know Len Blavatnik as Britain's wealthiest man. [6] Through Access Industries Holdings Blavatnik owns most of Warner Music Group and has stakes in several publicly traded assets. Up to this point, AAR had taken $19 billion in dividends from the joint venture. $30-40 Billion. If you don't, the market will punish you. Blavatnik earned nearly $5 billion in dividends from Russian oil companies, and sold 12.5 percent of TNK-BP for $7 billion in 2013. . It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Former collegiate swimmer at Miami of Ohio Avid Masters swimmer Alex Blavatnik BOARD MEMBER 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. 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. [104], In 2013, Blavatnik was made chevalier of the French Legion d'Honneur. over many years would result in downward sloping post-trade plots. 2023 Forbes Media LLC. Two years ago the billionaire put up $1.8 billion in a second big chemicals bet. [45] In March 2017, Bronfman and Blavatnik walked away from the deal, citing valuation issues. [35][36] Though WMG was the World's third largest record company[37] and considered a "trophy asset", it was also laden down with debt[38] and struggling to find an answer to online music piracy. His donors include Len Blavatnik, Chris Sacca, Eric Schmidt and Meg Whitman. Alex Blavatnik, as he is known in United States, has been serving as the director of the Warner Music Group Corporation since 2011. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. [10] He has been described as a victor in Russia's "aluminum wars". His net worth soared in 2020 when the company got regulatory approval to begin trials of its coronavirus vaccine. [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). He made a fortune selling his stake in Russian oil company TNK-BP for $7 billion in 2013. Len Blavatnik Net Worth. Open market or private purchase of non-derivative or derivative security, Open market or private sale of non-derivative or derivative security, Grant, award, or other acquisition of securities from the company (such as an option), Sale or transfer of securities back to the company, Payment of exercise price or tax liability using portion of securities received from the company, Equity swaps and similar hedging transactions, Exercise or conversion of derivative security received from the company (such as an option), A transaction voluntarily reported on Form 4, Other (accompanied by a footnote describing the transaction). [10] The deal, labelled in the press as "Russia's deal of the decade" gave BP unprecedented access to vital Russian oil and gas. One of the gates to Harvard Yard has a celebrated inscription: Enter to grow in wisdom. After a contentious campaign to upzone part To make way for their ambitious redevelopment project on a 2.2-acre slice of North Beach, Alex Blavatnik and Sandor Alex Blavatnik, brother of energy billionaire Len Blavatnik, just sold his condo at Faena House for $13 million. Alex Blavatnik made [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. [53], DAZN specialise in buying rights to broadcast sports including football, boxing and Formula 1 motor racing, outside of their domestic markets. Among the oligarchs at the event was Kazakh Israeli billionaire Alexander Mashkevitch, net worth $3.6 billion. . , Fridman, who was highly politically connected, had been a member of Boris Yeltsins inner circle in the mid 1990s. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. [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. [30] In 2013, the New York State Supreme Court ordered JPMorgan Chase to pay Blavatnik $50 million in damages. Yet a surprising number of respected American institutions dont seem to get it, including two that I am connected with: the Hudson Institute and Harvard. "[77], In 2014, Blavatnik became a trustee of Carnegie Hall in New York City. He acquired the company for $3.3 billion in 2011, investing. Blavatnik's TNK company obtained Chernogorneft at $180 million, even though the company had produced $1.2 billion worth of oil the year before.
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