Blavatnik was born in 1957 in Odessa, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. The work comprises a vitrine containing the gold-plated 10,000-year-old skeleton of a mammoth. Vekelsberg went on to found Renova Group. Theres some interesting opportunities in terms of coming in and helping a development partner actually get their project vertical, said Sonnenborn. [10] The New York-based business[14] controls 21% of LyondellBasell, the world's largest producer of polypropylene. Mr. Blavatnik is also an associate of the worldwide Advisory Board of the Centre for worldwide enterprise and management at Cambridge University, a member of the board of Deans Advisors at the Harvard business faculty, and a member of the educational board at Tel Aviv University. Blavatnik also indicated the possibility of increasing his benefaction up to 100 million over time. Blavatniks Faena House condo hit the market in 2018 for $15.5 million. [10] The deal, labelled in the press as "Russia's deal of the decade" gave BP unprecedented access to vital Russian oil and gas. At which point, Blavatnik sold $1.9 billion of shares. The collection, originally created by Lancashire Industrialists William and Alfred Law, includes Bront family manuscripts, Jane Austen letters, handwritten poems by Robert Burns. With a friend Viktor Vekselberg, who formed the Renova investment automobile, the two joined with Mikhail Friedmans Alfa organization to begin the AAR venture. The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance titans like. Furthermore, he owns a mansion in Greenwich, Connecticut (near New York City). All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, Law doesnt have teeth: Bill targets HOA fraud, lax oversight, Roblox subleases larger headquarters in San Mateo, Chicago weighs LaSalles $1.2B office-to-resi pitches. [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. Farm Heroes Saga, the #4 Game on iTunes. A newly-renovated mansion in London's most expensive street could be worth an incredible 200million, estate agents say. Move over, Meadow Lane, theres another slice of the Hamptons oceanfront vying for the title of Billionaires Lane-or in this case road. Len Blavatniks office contact number is 1-212-247-6400. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Blavatnik met another Ukrainian Jew, Viktor Vekselberg, at Moscow State University of Railway Engineering. The estate closest to the Royal family's residence belongs to the Russian-British billionaire and owner of the Warner Music Group, Leonard Blavatnik. [22], BP later sued TNK in the New York courts, claiming that the Sidanco assets were acquired illegally. [88] He also donated $1 million to the committee for the inauguration of Donald Trump. [55], In June 2018, DAZN paid 600 million for domestic screening rights for Italian Serie A football matches in a three-year deal. A string of seaside communities on eastern Long Island's South Fork, The Hamptons is known for long stretches of beach, hidden 18th-century-style estates and high-end restaurants and boutiques. [6] He refers to himself as a self-made billionaire.[3]. $234,900. On April 30, 2010, emerged from bankruptcy 11 bankruptcy protection in a significantly stepped forward financial position. 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. Blavatnik has the most impressive and extensive New York real-estate holdings of the billionaires: five properties on the Upper East Side as well as a compound on Dune Road in Bridgehampton, into. The offered rooms are a combination of garden, seaside and pool suites, as well the private villa, Villa Rose Pierre. The buyer was e-commerce retailer Michael Rubin. The company has interests in Warner Media Group, Calpine . However, sources also tell Gimme that Blavatniks wife, Emily, was devastated to learn it had sold, as she would have bought the house as a buffer or to be part of a compound for her family had she known it was on the market. Their original investment was $8 billion of assets. To start with, he moved into Russian investments simply after the autumn of communalism. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Fridman, who was highly politically connected, had been a member of Boris Yeltsins inner circle in the mid 1990s. He has all of Parlophone and other EMI assets that were put up for sale by Universal after theyd taken over the company. $110,000. The Warner Music Group owner has a 25-metre swimming pool, divided between indoor and outdoor sections, which property experts said is probably unique in central London. The lawsuit is ongoing. Basell completed its acquisition of Lyondell Chemical Company on December 20, 2007, for an enterprise value of approximately $19 billion. Required fields are marked *. 'I havent heard a particular number, but if you price it out per square foot 200 million is about where other super-premium pro-perty prices would suggest itd be.'. It is part of a 15-acre estate which includes the original pergola, swimming pool and gazebo, as well as an artesian well, fishpond, annual and perennial gardens and nature trails, award-winning restaurant and pub. 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? It partnered with Steve Witkoff to acquire the nearly complete condo-and-hotel development, designed by Bjarke Ingels for $900 million. The mansion also has a 25-meter indoor and outdoor swimming pool. He acquired the property in 2004. ", "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? Or God. [100], Blavatnik is a friend of Israeli Prime Minister Benjamin Netanyahu and a supporter of Donald Trump. He flew down for a day with a young woman wearing a monster-sized diamond ring. Blavatnik is one of the worlds wealthiest people, with a net worth of US$18 billion. 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. [65][66] In 2020, The Times newspaper described Blavatnik as "Britain's arts philanthropist-in-chief". As a part of its go-out financing, LyondellBasell raised $three.Twenty-five billion of first precedence debt in addition to $2.8 billion through the rights offering together underwritten via getting admission to Industries, Apollo management, and Ares management. In May 2021, he topped the Sunday Times Rich List once more, having increased his wealth by 7.2 billion in a year to a total of 23 billion. A spokesperson told Bloomberg earlier this year that less than 1 percent of Accesss assets are in any way connected to Russia. Blavatnik was named the richest person in the United Kingdom in the Sunday Times Rich List 2015, with a fortune of 16.9 billion. On 6th January 2009, the U.S. operations of Industries filed for bankruptcy. In 2007, the Blavatnik family basis supported the Blavatnik Awards for younger scientists and the New York Academy of Sciences. [10] He has been described as a victor in Russia's "aluminum wars". After studying computer science at Columbia University in New York and attending Harvard Business School, he made an early fortune buying and selling apartments in Manhattan. [68], Blavatnik is also a financial supporter of Yale University, where he funded the Blavatnik Fund for Innovation at Yale, which supports early-stage biotechnology companies, as well as the Blavatnik Fellowship. The new owners brought in Faena to operate the hotel, replacing Six Senses, resumed construction and relaunched sales. He was mentioned in Special Counsel Robert Muellers investigation into Russian donations to the Trump administration in 2017, after two senior Trump administration officials went on record as lobbyists for his Access Industries. Founded by Ukrainian-born billionaire Len Blavatnik, the companys war chest and comfort with hairy deals have meant its had a busy year. They include billionaire developer (and next door neighbor) Len Blavatnik, who's spent the past four years building out a massive contemporary compound with a guest house, pool and tennis. He paid 41million for 15 and 15b Kensington Palace Gardens in 2004, reportedly outbidding Roman Abramovich and Lakshmi Mittal. The four-bedroom, five-and-a-half-bathroom condo spans 4,730 square feet and sold for $2,431 per square foot. [10] Blavatnik attended Moscow State University of Railway Engineering, but did not complete his coursework due to the family's request for emigration visas. [12] He also received the 2017 Samuel Johnson Medal from the school. See pricing and listing details of Eaton Rapids real estate for sale. So does condo developer Ziel Feldman, founder and chairman of HFZ Capital, who recently built a hulking contemporary megamansion on Dune Road, according to property records. Blavatnik is an established buddy and enterprise accomplice of Ukrainian-born Russian oligarch Viktor Vekselberg, one of Russias wealthiest guys, who is near Russian President Vladimir Putin, and a few different Russia-related oligarchs being underneath Western sanctions for the aid of totalitarian regimes and criminal sports. KELLER WILLIAMS REALTY LANSING-EAST. Recognized globally for his philanthropic commitments, Len was knighted by . But they didnt know it was for sale.. He was born in 1957 in Odesa, Ukraine. In Brooklyn, Access partnered with Miki Naftali on a condo and rental project in Williamsburg on a site with complex zoning and environmental issues that recently scored $385 million in construction financing. [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. The consent submitted will only be used for data processing originating from this website. In L.A. it partnered with Jeff Klein, a minority partner in the iconic Sunset Hotel, to buy out the majority partners stake in the property in 2017. ', Eclipsed: The Candy Brothers' 6,000-per-sq-ft apartment block One Hyde Park in Knightsbridge, On sale: This house in St James's has apparently gone on the market with an asking price of 250million. Fanny Haim Decorators designed both units, according to the listings. Oren Alexander of Douglas Elliman represented the buyer and seller. 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Minerals titan backing some of New York and Miami's splashiest projects, From left: Jonah Sonnenborn, Len Blavatnik and Steve Witkoff along with a rendering of the luxury condo project on Manhattan's High Line (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and DBOX). Currently, Access owns approximately 14% of LyondellBasell. Everything that I think of with them is complicated, said Mechanic. AAR far outbid its competitors but did not end up buying the agreed sum. 'Hes doing it to a phenomenal standard. The address does come with a storied past. Billionaires Vlad Doronin and Len Blavatnik secured a $242.4 million construction loan from Bank OZK for the oceanfront Aman Miami Beach development, bringing the total financing to more than. [104], In 2013, Blavatnik was made chevalier of the French Legion d'Honneur. The resulting company, LyondellBasell Industries then became the world's eighth largest chemical company based on net sales. Theres some interesting opportunities in terms of coming in and helping a development partner actually get their project vertical. Blavatnik made his fortune in Russias aluminum wars and today has a net worth of about $37 billion, according to Bloomberg. At least one creditor had tried to stop the sale, but failed. [51], Blavatnik has been the owner of DAZN Group since 2014, when Access Industries increased its stake in the company from 42.5% to 77%. The 1999 lawsuit was resolved in 2003 when British Petroleum acquired TNK, for $8 billion, forming TNK-BP, one of the largest oil companies in Russia. [63], Blavatnik, the Blavatnik Family Foundation and Access companies have supported many cultural and philanthropic institutions over the past 15 years, including serving as the primary benefactors for numerous major art and cultural exhibitions, including the British Museum, Tate Modern (which named a new wing the "Blavatnik Building" in 2017[64]), Royal Opera House, National Portrait Gallery, the Courtauld, and Museum of Modern Art. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. AAR reportedly paid just a quarter of the sum. [90], In 2017, after two senior Trump administration officials went on record as being lobbyists for Blavatnik's Access Industries,[91] Blavatnik was mentioned in investigations led by Special Counsel Robert Mueller into Russian donations to the administration. Billionaires Vlad Doronin and Len Blavatnik want to build the first Aman-branded development in South Florida at 3425 Collins Avenue, on a site that includes the historic Versailles building. Access followed the sites fortunes closely. Since most of its capital comes from Blavatnik, rather than outside investors, Access has fewer constraints than other real estate private equity shops and asset managers. They talk to Len and decide what they want to do and go do it. [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. [80], In 2018, Columbia's School of Engineering and Applied Science announced a gift from Blavatnik's foundation to fund engineering innovations in health. "[58], In late 2020, DAZN unveiled a slate of original documentary programming featuring global sporting icons such as Ronaldo and British boxer Anthony Joshua. [25] The sale represented the liquidation of the majority of Blavatnik's Russian assets. Billionaire investor Len Blavatnik has agreed a $4.3bn recapitalisation of sports streaming platform DAZN that will make the lossmaking company debt free as it targets new revenue streams in. They accumulated smelters and plants until their company Sual had become the second-largest aluminum firm in Russia. Surfs Up Holdings, a Delaware company tied to Blavatniks AVB Management, purchased unit 1006 at Fendi Chteau for $12.2 million. The 250MILLION home: London house set to become UK's most Home tweet home: Worlds best bird house comes complete with Isabel Oakeshott receives 'menacing' message from Matt Hancock, Dozens stuck in car park as staff refuses to open gate for woman, Incredible footage of Ukrainian soldiers fighting Russians in Bakhmut, Pro-Ukrainian drone lands on Russian spy planes exposing location, 'Buster is next!' [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. Homes - Celebrity - Business Links: en.wikipedia.org By: jdubble07 Advertisement Celebrity Homes Mailing List Policies Advertisement [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. The seller, a Wall Street investor who could not be reached for comment, bought the property in the mid-1990s for $1.05 million and built the present home, according to property records. And it can pounce on opportunities that arise: As lenders pull back from certain projects in a higher interest-rate environment, distress deals have popped up. The college was one of the few high-ranking institutions in Moscow to accept Jewish students, who faced widespread discrimination in the country at the time. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Both the Faena House and Fendi Chteau units sold for discounts off of their asking prices. In 2004 Blavatnik paid 41 million for a 13 bedroom and 9 bathroom house on Kensington Palace Gardens. ODESSA II is a 73.17-meter yacht that can accommodate 12 guests in seven cabins and can be serviced by up to 19 qualified crew members. RE/MAX RE PROFESSIONALS OKEMOS. Blavatnik is an established buddy and enterprise accomplice of Ukrainian-born Russian oligarch Viktor Vekselberg, one of Russia's wealthiest guys, who is near Russian President Vladimir Putin, and a few different Russia-related oligarchs being underneath Western sanctions for the aid of totalitarian regimes and criminal sports. And it could put more money to work in sectors such as housing or logistics, Sonnenborn said. Parlophone has the likes of Coldplay, Tinie Tempah and Blur on its roster and Blavatniks purchase makes him an even stronger power in the music game. Sir Leonard Blavatnik is a global industrialist and philanthropist.