Roman Abramovich is exiled in Turkey. Vladimir Gusinsky is bankrupt and only recently out of jail. Boris Berezovsky is dead, perhaps by his own hand or more likely by someone else’s. But Len Blavatnik is alive and kicking, a rebranded British-Ukrainian businessman whose fortune of more than $50 billion has made him one of the world’s richest people.
Now, he’s set his sights on Australia. Last month, his streaming business DAZN agreed to buy Foxtel from News Corporation and Telstra, making a big bet on the growing popularity of sports broadcasting. The deal promises a cashed-up new competition for Australia’s media giants.
This article has been to updated to reflect that Mr Blavatnik last provided additional funding for Dazn in 2023, not 2025.