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Billionaire Leonard Blavatnik donates £10m to the Courtauld Institute of Art

A rendering of the redeveloped Great Room in the Courtauld Gallery Photo: Nissen Richards Studio The Ukrainian-born billionaire Leonard Blavatnik has donated £10m towards the Courtauld Institute of Art in London, which will help fund the refurbishment of its prestigious gallery located at Somerset House. The Courtauld Gallery is due to open late next year following a three-year refurbishment, housing a suite of six galleries to be named the Blavatnik Fine Rooms that will display highlights from the Courtauld collection. Guardian reported that Blavatnik also gave $1m to Donald Trump’s inauguration committee in 2016. The Courtauld’s collection will be completely redisplayed in the revamped gallery. New and transformed areas devoted to the Medieval and Early Renaissance collection, 20th-century art and the Bloomsbury Group of artists will be unveiled as part of the renovation, which costs at least £50m. International loan exhibitions will be held alongsi

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