Len Blavatnik’s philanthropic activities
Written by Access Industries
As Business Insider’s 42nd richest man in the world, the Blavatnik entrepreneur is well known. The Lyondell Basell purchase and turnaround is legendary. Then there is the purchase of Warner Music. All of this done through Access Industries, his industrial group. However, he does not get much attention for his charitable activities and support for research. Here are a few of the contributions he has made:
Tel Aviv University
His foundation, the Blavatnik Family Foundation has contributed 20 million dollars to the university of Tel Aviv. The has resulted in the Blavatnik initiative, which is a multi year program focused on interdisciplinary scientific research. It also supports student film production and faculty recruitment.
Harvard University
The foundation has also contributed 50 million dollars to Harvard University. Part of the contribution is for early stage medical research. In addition it will support graduate business students to pursue entrepreneurial projects related to the life sciences.
New York Academy of Sciences
The New York Academy of Sciences will get 30 million dollars over the next decade. This saw the establishment of the Blavatnik awards for young scientists. Scientists who are under the age of 42 will be eligible to win the 250,000 dollar prize.
Oxford University
The Oxford University has received 117 million dollars as gift from Len Blavatnik to establish the Blavatnik School of Government. A place to prepare students from around the world for public office.
These are just a few of many contributions that Len Blavatnik’s Access Industries and Blavatnik Foundation has made to the world.