Finanace & Investment

Len Blavatnik’s investment successes

Len Blavatnik ranked 74th on the Forbes list of billionaires in the world in 2010 with a fortune estimated over 7.5 billion dollars. However, this 52-year-old businessman was not always wealthy. Like many self-taught billionaires, Blavatnik invested in a good education and worked hard to achieve his philanthropic legacy.

Leonard Blavatnik was born in 1957 in the Soviet Union. At age 21 and penniless, he moved with his family to the United States, where he began his journey. Blavatnik attended and finally obtained a master’s degree in computer science from Columbia University. In 1981, he became a US citizen.

Blavatnik left Columbia and continued his studies at Harvard Business School, where he obtained his MBA. In 1986, Len Blavatnik founded the holding group of Access Industries. Today he is the president of the private industrial group and controls participation in various industries and countries around the world. The Blavatnik company has strategic investments in natural and chemical resources, media and telecommunications, real estate and new technologies and retail industries. Blavatnik, an active industrialist, and philanthropist, shares his wealth and gives back to the community.

The multimillionaire and industrial American has an impressive portfolio. However, this 52-year-old self-taught billionaire may be better known for his philanthropic efforts than for Access Industries and his other long-term holdings. In addition to providing ongoing financial support for many institutions, Blavatnik is a member of several academic councils, including the University of Cambridge, Harvard Business School and the University of Tel Aviv.