emily appelson blavatnik

“It is our considered view that Blavatnik uses his ‘philanthropy’—funds obtained by and with the consent of the Kremlin, at the expense of the state budget and the Russian people—at leading western academic and cultural institutions to advance his access to political circles,” 55 international relations scholars and Russia experts wrote in a September 18 letter to the organization’s board and CFR’s president, Richard Haass. The Council on Foreign Relations, a think tank known as a bastion of the bipartisan US foreign policy establishment, is under fire from its own members and dozens of international affairs experts over its acceptance of a $12 million gift to fund an internship program from Leonard Blavatnik, a Ukrainian-born billionaire with longstanding ties to oligarchs close to Russian President Vladimir Putin. As of May 2020, Blavatnik was the 4th wealthiest man in the United Kingdom. Both Vekselberg and Derispaska have been sanctioned by the Treasury Department for using their assets to advance Russian foreign policy interests, including interference in the 2016 election. [48][49], He owns a grade II listed building in Kensington Palace Gardens which is valued at £200 million [50] as well as a residence in Manhattan valued at more that $250 million. [46], Blavatnik is married to Emily Appelson Blavatnik. In a statement, an Access Industries spokesman said: “Mr. Can you pitch in a few bucks to help fund Mother Jones' investigative journalism? He is best known these day as the owner of the Warner Music Group. Read critics’ September 30 response to Haass: Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox. Save big on a full year of investigations, ideas, and insights. According to Forbes, he is the world’s 39th richest person. [24], Blavatnik has been the owner of DAZN Group since 2014, when Access Industries increased its stake in the company from 42.5% to 77%. [37] He also donated $1 million to the committee for the inauguration of Donald Trump. [27], 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[28]), Royal Opera House, National Portrait Gallery and Museum of Modern Art. Sources report that the bid is around £40 million[22], Blavatnik also owns AI Film, the independent film and production company which backed Lee Daniels’ film The Butler and the summer 2015 release Mr. Blavatnik is married to Emily Appelson Blavatnik. Blavatnik, long a prolific donor to both Democrats and Republicans, veered sharply toward the GOP in 2016 and 2017, giving $3.5 million to a super PAC tied to Senate Majority Leader Mitch McConnell, among others. These gifts drew suspicion that Blavatnik was helping to advance Russian efforts to win influence with the Trump and the GOP, allegations Blavatnik denies. “The Blavatnik Family Foundation has also made transformational gifts to Harvard, Yale, and Tel Aviv Universities, and established the Blavatnik School of Government at Oxford University,” Haass added. Access currently owns approximately 14% of LyondellBasell. “Such ‘philanthropic’ capital enables the infiltration of the US and UK political and economic establishments at the highest levels. [14], In 2010, Blavatnik sued JPMorgan Chase after losing $100 million by allegedly following Morgan's advice three years earlier to buy mortgage securities with AAA credit ratings. [10] Access has since diversified its portfolio to include investments in industries such as oil, entertainment, coal, aluminum, petrochemicals and plastics, telecommunications, media, and real estate. He and his wife gave a combined $250,000 to the Democratic Congressional Campaign Committee in June, following donations of around $234,000 to the DCCC in 2018. [53] He was knighted by Queen Elizabeth II in the 2017 Birthday Honours for services to philanthropy. Listen on Apple Podcasts. [16], In early 2010, Access Industries was reported as one of the handful of bidders for Metro-Goldwyn-Mayer. On April 30, 2010, LyondellBasell emerged from Chapter 11 bankruptcy protection in a significantly improved financial position. This exchange highlights the difficulty posed by Blavatnik, who Forbes ranked in March as the 59th richest person in the world and who claims to have dispensed more than $700 million to more than 250 nonprofit institutions over the last decade. [54], Moscow State University of Railway Engineering, Pete Buttigieg 2020 presidential campaign, https://www.forbes.com/profile/len-blavatnik/#5ee25ab56f30, https://uk.finance.yahoo.com/news/the-rich-list-britains-10-wealthiest-people-revealed-091600184.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADnoRBghgy6JfIaMgUoUfiKdV-KO92VzJJZ1Az9URJMn1R6nMH-bsW6TFtWnPUdOjGdRXEEAxCOdxDo960ue3Lp028dIVd3HmDk3fook__QiKiWhX5hIhV2O4Fs5xXSawRv4apoVGp-59zsC9NNfmTRpTtcp30nMlzWq60ol2zOf, "These are the 19 richest people in Britain", "Queen's birthday honours: Ukrainian-born museum donor Leonard Blavatnik is made a knight", "Russian-born U.S. billionaire offers to buy Ma'ariv", "The world's 50 Richest Jews: 11-20: Len Blavatnik", "Warner Music Suitor’s Record of Deal-Making", "BP, Russian billionaires, and the Kremlin: a Power Triangle that never was", "C&EN's Global Top 50 Chemical Firms For 2014", LyondellBasell May Seek Chapter 11 Bankruptcy Protection, "Warner Music to be sold in $3.3 billion cash deal", JPMorgan Chase ordered to pay Blavatnik $50 million in damages, "Warner Music Is Sold, Ending a Long Auction", "Access Industries buys Warner Music Group for $3.3bn - Music Business Worldwide", "Len Blavatnik, Danny Cohen's Access Entertainment Backs Bad Wolf (EXCLUSIVE)", "James Packer has sold his stake in Hollywood film company RatPac Entertainment", "Billionaire Blavatnik leads race to buy prized West End theatre", "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", "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", Blavatnik donation of £75 million to Oxford University, $50 million donation to Harvard from Blavatnik, "Harvard Business School Names First Blavatnik Fellows in Life Science Entrepreneurship - News - Harvard Business School", Harvard Med Gets Record Gift From Blavatnik to Speed Research, Special counsel probing flow of Russian-American money to Trump political funds, "GOP campaigns took $7.35 million from oligarch linked to Russia", 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? But his status as a prominent American and British citizen, his transition into the ranks of rich respectability, along with his deployment of public relations firms, have helped him avoid the label of “oligarch” and the clear Kremlin ties typical for those operating primarily in Russia. AAR gained a controlling stake in Russian oil company TNK through privatization auctions, then in 2003 sold a 50% stake to British Petroleum to form TNK-BP, one of Russia's largest oil companies, where Blavatnik served on the board of directors. His firms have been accused of abusing the federal bankruptcy process, and was fined by the Federal Trade Commission in 2016 for violating anti-trust laws by repeatedly failing to report stock purchases within a required timeframe. Blavatnik’s support for the McConnell-linked PAC drew notice this year when Rusal announced plans to invest $200 million in an aluminum plant in Kentucky. Can you pitch in a few bucks to help fund Mother Jones' investigative journalism? ", "Music boss Len Blavatnik named as Britain's richest man", "Filipino housekeeper claims Leonard Blavatnik won't hire her because of her ethnicity - Virginia Lim files discrimination suit in U.S.", "Inside Paris's 25th Annual le Bal des Débutantes", "Elizabeth Starling Louis, Julia McCaw et Laila Blavatnik", " Rich List 2015: Kensington property owner Len Blavatnik top with £13.17 BILLION fortune ", "The Meteoric Rise of Billionaire Len Blavatnik", Kremlin-linked Billionaire, Netanyahu Friend Donated to Trump's Private Legal Fund, The New York Academy of Sciences' Blavatnik Awards for Young Scientists, Economic history of the Russian Federation, The Oligarchs: Wealth and Power in the New Russia, https://en.wikipedia.org/w/index.php?title=Len_Blavatnik&oldid=984920161, American businesspeople in the coal industry, American businesspeople in the oil industry, American chemical industry businesspeople, American entertainment industry businesspeople, American people of Russian-Jewish descent, American people of Ukrainian-Jewish descent, British businesspeople in the coal industry, British businesspeople in the oil industry, British entertainment industry businesspeople, British people of Ukrainian-Jewish descent, Columbia School of Engineering and Applied Science alumni, Naturalised citizens of the United Kingdom, People with acquired American citizenship, Ukrainian emigrants to the United Kingdom, Pages containing London Gazette template with parameter supp set to y, Articles containing Ukrainian-language text, Articles containing Russian-language text, Articles with unsourced statements from February 2015, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 22 October 2020, at 21:51. The Blavatnik School of Government began accepting students in September 2012, and the new permanent home of the school was constructed on the Radcliffe Observatory Quarter. “We are proud to find ourselves in such distinguished company.”, In another letter addressing that argument, Zaslavskiy, Chayes and Peter Reddaway, a political science professor at George Washington University, wrote: “The fact that Harvard or Yale’s due diligence failed…does not excuse this more serious lapse.”.

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