Top art collector Leonard Blavatnik and James Dyson on the rich list of Great Britain

The net assets of top 200 collectors, businessman and art patron Leonard Blavatnik last year last year fell by more than £ 3.5 billion ($ 470 billion), according to the latest edition of the Sunday times'S “Rich List.”

The annual ranking of the richest people in Great Britain showed that Blavatnik's net assets last year dropped to £ 25.725 billion (34.4 billion US dollars), which led to his ranking to fell to 3rd place. The Ukrainian businessman made his money from early investments in aluminum and energy companies because they were privatized during the dissolution of the Soviet Union. Blavatnik's assets also come from the sale of his participation in a Russian oil company, TNK-BP, for $ 7 billion and the purchase of Warner Music for $ 3.3 billion in 2011.

In 2017, Blavatnik donated 50 million pounds to the Tate Modern for his new expansion, which was renamed Blavatnik building. The patron also donated 10 million pounds to the Courtiagle Institute of Art in London for his galleries, educational and social spaces in 2020.

The Sunday Times'S annual ranking for 2025 included more than a dozen collectors of Artnews'S 2024 Top 200-collector list, including the British industrial designer James Dyson (20.8 billion GBP, No. 4), the Israeli businessman Idan Ofer (£ 20.1 billion, #5), Russian businessman and oligarch Viatcheslav Moshe Kantor (£ 7.7 million, #24). Businessman Mohammed Mahdi Al-Tajir (£ 1.6 billion, #103).

In addition to ranking no. 5, Ofer was described as one of the five best people whose prosperity increased the most last year, an increase of £ 5, 161 billion.

The Sunday times The list also contained Simon Reuben, the father of the top 200 collector Lisa Reuben; John Fredriksen, the father of the 200 top collectors Cecilie and Kathrine Fredriksen; Sri Prakash Lohia, the husband of the 200 top 200 collector Aarti Lohia; Lakshmi Mittal and Family; Musician Elton John; and former Christie's stakeholder Joe Lewis.

In 2012 Mittal, a steel magnate, 19.2 million GBP (approx. 30 million US ArcelorMittal Orbit Tower. The sculpture, designed by Anish Kapoor and Cecil Balmond, rose 377 foot on an observation platform and at that time became the highest sculpture of the UK and then became a slide in 2015. The namesake of the South Asian Institute of the Mittal family at Harvard University also offers artists, exhibitions and programs for preservation.

John previously appeared on the Artnews Last February, TOP 200 list of collectors sold a large part of his collection through several individual owners' sales at Christie's for $ 20.5 million.

Lewis previously appeared on the Artnews TOP 200 list of collectors. Last year he was guilty of conspiracy and insider trading, which led to a US judge ordering the founder of the Tavistock group to pay a fine of 5 million US dollars and serve for three years of probation.

The Just In addition, the 2025 edition found that “due to Trump's tariffs and the subsequent stock exchange turmoil, they were compiled into the hardest” and “the greatest decline in the number of Great Britain in the history of Rich List.

Blavatnik has lost more than 2 billion US dollars this year and reduced its net assets to 37.2 billion US dollars, according to the data of the Bloomberg billionaire index based on the trade in New York on May 15.

The data of the Federal Election Commission also showed that Blavatnik had donated 293,588 US dollars to republican candidates, parties and Super PACs, including $ 79,700 for the national republican congress committee. In comparison, he donated 82,700 US dollars to democratic candidates, parties and super pacs in the same period.