Sir Leonard “Len” Blavatnik is a Soviet-born British-American businessman, investor, and philanthropist. He made his fortune through business via diversified investments in myriad companies through his conglomerate company, Access Industries.
In 1986, Blavatnik founded Access Industries, an international conglomerate company located in New York, of which he is chairman and president. Access has long-term holdings in Europe and North and South America. Initially, he moved into Russian investments, just after the fall of communism. He and a friend from university, Viktor Vekselberg, formed the Renova investment vehicle, and then the two joined with Mikhail Fridman’s Alfa Group to form the AAR venture. 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. Over the years, he held key positions in Arthur Andersen & Co., Macy’s Department Stores, General Atlantic Partners, TNK, Deeside Aluminum, Access Industries (Eurasia), EnergiBolaget i Sverige AB.