ARTFEED — Contemporary Art Intelligence

Leonard Blavatnik: From DAZN Owner to Top Art Philanthropist

other · 2026-05-04

Leonard Blavatnik, the Ukrainian-born billionaire known for owning DAZN, has become a major figure in the art world through his colossal collection and philanthropic donations. Born in Odessa in 1957, he moved to the US at 21, studied at Columbia and Harvard, and amassed his fortune in aluminum and chemicals after the Soviet Union's collapse. His Access Industries bought LyondellBasell for $1.8 billion in 2010, a deal called the greatest in Wall Street history. He later acquired Warner Music. Knighted for philanthropy, his Blavatnik Family Foundation supports young scientists. In art, his collection includes Picasso, Modigliani, and contemporary works, earning him a spot on ARTnews' most influential list. He donated £50 million (€60 million) to Tate, leading to the naming of the Blavatnik Building at Tate Modern. He also gave £75 million to Oxford University, funding the Blavatnik School of Government. The Victoria & Albert Museum received £5 million and £1 million donations, with its entrance named after him. Blavatnik's net worth is around £17 billion.

Key facts

  • Leonard Blavatnik was born in Odessa in 1957.
  • He moved to the US at age 21.
  • He studied at Columbia University and Harvard Business School.
  • His company Access Industries acquired LyondellBasell for $1.8 billion in 2010.
  • He purchased Warner Music in 2015.
  • He donated £50 million to Tate, leading to the Blavatnik Building.
  • He donated £75 million to Oxford University for the Blavatnik School of Government.
  • He donated £5 million and £1 million to the Victoria & Albert Museum.

Entities

Artists

  • Pablo Picasso
  • Amedeo Modigliani

Institutions

  • DAZN
  • SKY
  • Access Industries
  • LyondellBasell
  • Warner Music
  • Blavatnik Family Foundation
  • Tate
  • Tate Modern
  • Herzog & de Meuron
  • Victoria & Albert Museum
  • Blavatnik School of Government
  • University of Oxford
  • Theatre Royal Haymarket
  • ARTnews
  • Artribune

Locations

  • Odessa
  • Ukraine
  • United States
  • England
  • United Kingdom
  • London
  • Moscow
  • Russia
  • Japan
  • Europe
  • South America

Sources