Len Blavatnik: Global Industrialist, Founder and Chairman of Access Industries
Len Blavatnik is a global industrialist and philanthropist with over 30 years of experience in deploying long-term capital and transforming companies into market leaders delivering exceptional returns on investment. He is a dual citizen of the U.S. and UK.
In 1986, Mr. Blavatnik founded and became Chairman of Access Industries, a privately-held industrial group based in the U.S. Access owns strategic and diversified investments around the world in media and telecommunications, natural resources and chemicals, venture capital and real estate.
A self-made billionaire, Mr. Blavatnik’s financial acumen and entrepreneurial instincts have resulted in a successful track record of investments and a reputation as a visionary and synergistic investor.
In media and entertainment, Mr. Blavatnik is creating a media platform for the 21st century built on investments in disruptive technologies, content platforms and production companies. With Access’ acquisition of Warner Music Group (WMG) (where Mr. Blavatnik is on the Board of Directors) and the groundbreaking decision to open WMG’s iconic music archives to streaming services, Mr. Blavatnik was one of the first global investors to capitalize on the potential of the streaming media market, helping to pave the way for music streaming companies like Spotify and Tencent. With a significant stake in the leading digital sports content streaming company DAZN, Mr. Blavatnik is continuing to make transformational investments in synergistic media properties.
In the industrials sector, Access’ investment in LyondellBasell Industries was widely heralded as the greatest deal in Wall Street history in 2011 and Access maintains an approximate 18% stake in the company today. Access also owns Clal Industries, one of Israel’s leading investment companies with a portfolio encompassing heavy industry, biotechnology, hi-tech and energy companies.
Mr. Blavatnik’s real estate investments are also driving significant transformation, such as with the development of the Faena District in Miami Beach, an eight-block cultural neighborhood which revitalized the mid-beach area with more than one million square feet of hotels, residential condominiums, a cultural center, and retail complex. Similarly, his investment in the Faena Buenos Aires project transformed Puerto Madero into one of the most valuable pieces of real estate in Argentina. His real estate portfolio also includes iconic hotel properties around the world including Hollywood’s landmark Sunset Tower Hotel and Four Seasons properties the Grand-Hotel du Cap-Ferrat on the French Riviera and the Ocean Club Bahamas.
In addition to his business interests, Mr. Blavatnik is a well-respected and active global philanthropist. The Blavatnik Family Foundation he established is a 501(c)(3) private foundation that is exclusively self-funded. Over the past decade, it has contributed more than $700 million to 250+ institutions worldwide. Mr. Blavatnik is also engaged in numerous educational, scientific, and cultural activities, sitting on the Boards of Tel Aviv University, Carnegie Hall, and serving as a member of the Harvard Global Advisory Council. Mr. Blavatnik was knighted in the 2017 Birthday Honours for services to philanthropy.
Born in the former Soviet Union in 1957, Mr. Blavatnik attended Moscow State University before emigrating with his family to the U.S. in 1978. He earned a Master’s degree in computer science from Columbia University in 1981, became a U.S. citizen in 1984, and received his MBA from Harvard Business School in 1989. He became a dual citizen of the UK in 2010. Mr. Blavatnik has been married for over 20 years and has five children.