In 2004, he paid 41 million for 15 and 15b Kensington Palace Gardens. Published: 09:53 EST, 29 April 2013 | Updated: 09:48 EST, 30 April 2013. AAR far outbid its competitors but did not end up buying the agreed sum. Its rivals included Germany's Sportsman Media Group and IMG of the U.S.[42], In 2016, Blavatnik launched Access Entertainment, which bought James Packer's stake in RatPac Entertainment and a 24.9% stake in Bad Wolf in 2017. Avista Capital Partners CEO and managing partner Thompson Dean sold the four-bedroom, five-bathroom condo, according to property records. 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[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). Access followed the sites fortunes closely. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. They include billionaire developer (and next door neighbor) Len Blavatnik, whos spent the past four years building out a massive contemporary compound with a guest house, pool and tennis courts, said Mr. Brennan, who estimated that Mr. Blavatnik has invested some $200 million into the neighboring property, including the land. Mr Blavatnik is close to completing his two-year project on the 27,000 sq ft Kensington Italianate villa just a stone's throw from the Embassy of the Russian Federation Residence. Jonathan Mechanic, Fried Frank. His family immigrated from the Soviet Union to the United States in 1978, and he earned a masters degree in computer science from Columbia Universitys School of Engineering and Applied Science in 1989, as well as an MBA from Harvard Business School. However, Feldman had illegally built extra bedrooms on the main floor not allowed because of flood zone dangers and that impacted the homes price. 217 Leonard St, Eaton Rapids, MI is a single family home that contains 912 sq ft and was built in 1962. In February, he bought Parlophone Records, the once legendary record label, for 500 million. AAR won a controlling stake in Russian oil company TNK thru privatization auctions. [96] The couple have four children. [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. The house, which cost 10,000 to build in the mid 1850s, served as the Iraqi ambassadors residence until 1989, before becoming an annex of the Russian embassy that reputedly housed intelligence officers. He owns a Grade II indexed building on The most expensive street inside the world Kensington Palace Gardens thats worth $200 million. Len Blavatnik gave $52,800 to Biden in 2020, but he also contributed $150,000 to a joint-fundraising committee of House Minority Leader Kevin McCarthy (R-Calif.) the same year. Naftali, Blavatnik land $385M for big Williamsburg resi project. A 'multi-storey' underground car park is served by a car lift with room for five vehicles. Oren Alexander of Douglas Elliman represented the buyer and seller. The company is part of Perform Group, a U.K. based sports media company owned by Len Blavatnik's Access Industries. Move over, Meadow Lane, theres another slice of the Hamptons oceanfront vying for the title of Billionaires Lane-or in this case road. [73], In 2016, Blavatnik supported the $1.2 billion regeneration of rundown section of Miami's South Beach area into a centre for arts and culture. London His most famous is his $250 million mansion at London's Kensington Palace Gardens. [4], Blavatnik made his initial fortune after the collapse of the Soviet Union in the privatization of state-owned aluminum and oil assets. 8-19 Kensington Palace Gardens. The couple has four kids. To run the real estate business, Blavatnik tapped Sonnenborn, a former executive with Daniel Neidichs Dune Real Estate Partners with a background in investment banking. 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. [77] At the time, Blavatnik told the media: "The Nobel's about $1 million, I thought $250,000 was big enough to make it really interesting but not big enough to be scary. Len Blavatnik House He owns many houses. 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. In 2015-2016, Blavatnik gave $7.35 million to the US Republican Party and $1 million to Donald Trumps inauguration fund. Theres some interesting opportunities in terms of coming in and helping a development partner actually get their project vertical. We dont have Len Blavatniks residency touch. It was the base time when he was dreaming of becoming a billionaire and being highly educated. Mr Blavatniks wealth has been estimated at 11billion in the Sunday Times Rich List. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. The basement has a hot tub, gym, massage room, cinema and wine cellar. When Ziel Feldmans HFZ Capital Group paid $870 million for a site on Manhattans High Line to build a luxury condo project, Jonah Sonnenborn was perplexed by the then-record price, which came out to more than $1,000 per square foot. But it is not yet clear whether Mr Blavatnik will try to find a buyer or simply keep the house as his London pad. ", "Opinion | Is Harvard Whitewashing a Russian Oligarch's Fortune? Rather than going it alone, Access tends to partner with local developers. LyondellBasell inventory has increased 67% in fee due to the fact April 2010.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[336,280],'worthpedia_com-box-4','ezslot_4',117,'0','0'])};__ez_fad_position('div-gpt-ad-worthpedia_com-box-4-0'); Following Morgans suggestion to look for AAA-rated loan securities in 2007, Blavatnik sued JPMorgan Chase in 2010 after losing $100 million. Access Industries executive Alex Blavatnik sold his unit at Faena House in Miami Beach and purchased another at Fendi Chteau Residences in Surfside, The Real Deal has learned. The house, which cost 10,000 to build in the mid-1850s, served as the residence of the Iraqi ambassador until 1989 when it became an annex of the Russian embassy and allegedly housed intelligence officers. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. We are no longer accepting comments on this article. Sir Leonard Valentinovich Blavatnik [a] (born June 14, 1957) is a Ukrainian-born American-British business magnate and philanthropist. Sited on 17 acres of landscaped gardens with panoramic views of the Mediterranean, the hotel features 73 guestrooms across the original Palace and the New Residence. Blavatnik was named the richest person in the United Kingdom in the Sunday Times Rich List 2015, with a fortune of 16.9 billion. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. [53], DAZN specialise in buying rights to broadcast sports including football, boxing and Formula 1 motor racing, outside of their domestic markets. LyondellBasell raised $3.25 billion in first priority debt as part of its exit financing, as well as $2.8 billion through rights offering co-underwritten by Access Industries, Apollo Management, and Ares Management. I think hes [Blavatnik] given Jonah a lot of flexibility and respects his judgment, said Mechanic. 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. The boxes will carry the Blavatnik name until 2066. 2023 NYP Holdings, Inc. All Rights Reserved, Jennifer Rubell, niece of Studio 54 co-founder, buys NYC co-op, Feds look to seize and sell Hamptons mansion tied to Russian oligarch, Mindy Kaling finds a buyer for downtown NYC digs she bought for $3.1M, Inside Elle Decors lavish $64M NYC penthouse. [47] Blavatniks Access Entertainment finalized its purchase of the Theatre Royal Haymarket in June 2018. 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. The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance titans like Ken Griffin, Leon Black and Henry Kravis. Blavatnik also owns a townhouse on New Yorks East 64th Street. Or maybe they are the same thing. [85][86][87] In February 2016, Blavatnik donated over $1 million to an anti-Donald Trump GOP group. [10] At the time, Fridman told the press: "Any business should be sold if you're offered the right price. The deal sniffing out potential trouble in a trophy asset and swooping in when things get ugly was vintage Access, which has thrust itself into some of the most complicated and notable residential and hotel projects across the country. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. His fate started to support him when his own family emigrated from the Soviet Union to the United States of America in 1978. Thompson and his wife Caroline own an oceanfront mansion in Palm Beach that they acquired for $41 million in 2018. He is close to Russian oligarchs such as Viktor Vekselberg and Oleg Deripaska, and he is one of the GOPs largest donors. 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. 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. 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!' [19] In a 2002 interview, Blavatnik told Bloomberg he was even considering creating his own railways. [26], In 1999, Blavatnik sought to obtain the competing oil company Chernogorneft, which was being auctioned off. KELLER WILLIAMS REALTY LANSING-EAST. At the time of the donation, Lord Patten, Chancellor of the University of Oxford, described it as "a once-in-a-century opportunity for Oxford. The ODESSA II yacht weighs approximately 1,767 tons and cruises at 13.5 knots with a top speed of 18 knots. HFZs founder Ziel Feldman was also forced to sell his $50 million Hamptons home at 187 Dune Road, by a mega-mansion built by Ukrainian-born billionaire oligarch Len Blavatnik. [17][20], Blavatnik and Vekselberg initially obtained a stake in the Irkutsk Aluminum Plant. [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. [59], Access Industries purchased the mobile phone technology company Acision from the IT Group Logica for 265 million in 2007. Homes - Celebrity - Business Links: By: jdubble07 Advertisement Celebrity Homes Mailing List Policies Advertisement When Blavatnik was a child, his parents relocated to Yaroslavl, a Russian city north of Moscow. Len Blavatnik is a business magnate and philanthropist of Ukrainian Jewish origin from the United Kingdom. The success of our initiatives motivates us to strive for an ever-greater impact in the years to come. Vekselberg and Fridman have been hit by sanctions in the E.U. The house has 13 bedrooms, an indoor-outdoor pool, a cinema, a wine cellar, and an underground car park with a lift for his cars. The basement contains a hot tub, a gym, a massage room, a cinema, and a wine cellar. DAZN (pronounced da zone) has been dubbed Netflix for sports. The company is a subsidiary of Perform Group, a sports media company based in the United Kingdom that is owned by Len Blavatniks Access Industries. 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. He has earned his internet well worth through his commercial enterprise investments in coal, oil, actual property, and extra and serving at the board of many companies and Universities. [19] He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle. As of November 2019, Forbes ranked Blavatnik as the 59th richest person in the world. We have so much to learn from him. [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. Sir Leonard Blavatnik is a global industrialist and philanthropist. [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. Alex Blavatnik is also an investor in Ocean Terrace, a major mixed-use project planned for North Beach. A collection of high-profile real estate moguls have given this little stretch of Bridgehampton oceanfront some added cachet. Murdaugh is heckled as he leaves court, Missing hiker buried under snow forces arm out to wave to helicopter, Pavement where disabled woman gestured at cyclist before fatal crash, Fleet-footed cop chases an offender riding a scooter, Two Russian tanks annihilated with bombs by Ukrainian armed forces, Alex Murdaugh unanimously found GUILTY of murder of wife and son, Isabel Oakeshott clashes with Nick Robinson over Hancock texts, Insane moment river of rocks falls onto Malibu Canyon in CA. In response, Carnegie Hall renamed its first level of boxes "The Blavatnik Family First Tier". It is restoring the main house and turning the garages of the former stable block known as Cope House into a two bedroom 'security post' as, according to planning documents, '24 hour surveillance is needed.'. And it could put more money to work in sectors such as housing or logistics, Sonnenborn said. Last autumn, a huge house at Rutland Gate overlooking Hyde Park was put on sale for 300million, although its price was slashed when it failed to find a buyer. 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. The Rent Zestimate for this home is $1,084/mo, which has decreased by $12/mo in the last 30 days. LyondellBasell Industries U.S. operations declared bankruptcy on January 6, 2009. [17] Tyumen Oil was auctioned off with criteria that exactly matched AAR. Leonard Blavatnik is a Ukrainian-born billionaire who has shared close business links to sanctioned Russian oligarchs. [69], In the Sunday Times Rich List 2015, Blavatnik was listed as the UK's richest person,[102] with a fortune of 16.9 billion. He was even the wealthiest man in Britain. [7][12][13], In 1986, Blavatnik founded the holding company, Access Industries Holdings, of which he is chairman and president. ", "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?