Investing

The growing philanthropy of Billionaire Len Blavatnik

Written by Access Industries

The London-based billionaire Len Blavatnik has been funding scientific research as well as overall learning for years. Blavatnik who has made his billions by investing in the post-Soviet aluminum and energy companies has a current net worth of $15.7 billion. In addition, he is also the owner of various media properties such as the Warner Music Group.

Blavatnik and his wife Emily offer support to a number of arts and science foundations through the Provident Foundation. He also has an organization called the Blavatnik Family Foundation that has gifted $25 million to Carnegie Hall.

Most of the Blavatnik foundations are concentrated on providing intuitions with higher learning standards. In 2010, the Blavatnik industrialist gifted £75 million to start the Blavatnik School of Government, at the University of Oxford.  He has also provided funding to Harvard and Yale in 2013.

In addition, Blavatnik assists scientific research at colleges and universities. In 2007, the Blavatnik Family Foundation started the Blavatnik Awards for Young Scientists. An award handed out through the New York Academy of Sciences. These awards recognize innovative accomplishments in the sciences that influence life sciences, physical sciences, mathematics, and engineering. Researchers in universities like UC Berkeley, Yale, Harvard, and MIT support the awards.

Apart from these awards, Blavatnik funds a Tel Aviv University multi-year program, which focuses on interdisciplinary scientific research, discovery, and development. Most recently, the billionaire has supported the Yale University by gifting $10 million for innovation.

Len Blavatnik billionaire is the man at the top of Access Industries and is a world-renowned philanthropist.