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Len Blavatnik
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Len Blavatnik
Sir Leonard Valentinovich Blavatnik (Ukrainian: Леонард Валентинович Блаватник; born June 14, 1957) is a Ukrainian-born British-American businessman and philanthropist. As of April 2025, Forbes estimated his net worth at $26.5 billion, ranking him the 75th-richest person in the world.
Blavatnik made his initial fortune, alongside other Russian oligarchs, in the privatization of state-owned aluminum and oil assets after the collapse of the Soviet Union.
He owns most of Warner Music Group via his privately held Access Industries.
In 2017, Blavatnik received a knighthood for services to philanthropy.
Blavatnik was born in Odesa in 1957, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. His parents moved to Yaroslavl, a Russian city north of Moscow, when he was a child. He attended Moscow State University of Railway Engineering but did not complete his coursework due to the family's request for emigration visas. At the University of Railway Engineering, he became close friends with Viktor Vekselberg, another Ukrainian Jew, who would go on to found Renova Group.
Blavatnik's family emigrated from the Soviet Union to the United States of America in 1978 and, in 1981, he received a master's degree in computer science from the School of Engineering and Applied Science at Columbia University, and an MBA from Harvard Business School in 1989.
In 1986, Blavatnik founded the holding company, Access Industries. The New York-based business controls 21% of LyondellBasell, the world's largest producer of polypropylene. Through Access Industries, Blavatnik owns most of Warner Music Group, and conducts most of his business operations.
After the collapse of the Soviet Union, Blavatnik used Access Industries to buy up former state assets in Russia that were privatized by the government, particularly accumulating shares in aluminum smelters to make his wealth.
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Len Blavatnik
Sir Leonard Valentinovich Blavatnik (Ukrainian: Леонард Валентинович Блаватник; born June 14, 1957) is a Ukrainian-born British-American businessman and philanthropist. As of April 2025, Forbes estimated his net worth at $26.5 billion, ranking him the 75th-richest person in the world.
Blavatnik made his initial fortune, alongside other Russian oligarchs, in the privatization of state-owned aluminum and oil assets after the collapse of the Soviet Union.
He owns most of Warner Music Group via his privately held Access Industries.
In 2017, Blavatnik received a knighthood for services to philanthropy.
Blavatnik was born in Odesa in 1957, then in the Ukrainian SSR and part of the Soviet Union, to a Jewish family. His parents moved to Yaroslavl, a Russian city north of Moscow, when he was a child. He attended Moscow State University of Railway Engineering but did not complete his coursework due to the family's request for emigration visas. At the University of Railway Engineering, he became close friends with Viktor Vekselberg, another Ukrainian Jew, who would go on to found Renova Group.
Blavatnik's family emigrated from the Soviet Union to the United States of America in 1978 and, in 1981, he received a master's degree in computer science from the School of Engineering and Applied Science at Columbia University, and an MBA from Harvard Business School in 1989.
In 1986, Blavatnik founded the holding company, Access Industries. The New York-based business controls 21% of LyondellBasell, the world's largest producer of polypropylene. Through Access Industries, Blavatnik owns most of Warner Music Group, and conducts most of his business operations.
After the collapse of the Soviet Union, Blavatnik used Access Industries to buy up former state assets in Russia that were privatized by the government, particularly accumulating shares in aluminum smelters to make his wealth.
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