Billionaire’s fortune grows by £7.2bn to £23bn following gains from Warner Music and Dazn
Sir Len Blavatnik’s massive increase in wealth during the pandemic – up by £7.2bn to £23bn – has made him Britain’s richest man once more, according to the Sunday Times rich list. He has made recent gains from glamorous businesses such as record label Warner Music and sports streaming provider Dazn. But the original source of the Ukrainian billionaire’s wealth was energy and metals companies formed around the breakup of the Soviet Union.
Blavatnik, 63, was born in Odessa, in Soviet Ukraine, emigrating to the US with his family in 1978 after studying in Moscow. In 1986, he founded Access Industries, a privately held industrial group based in the US.
