Sunday 13 June 2021
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.theguardian - 3 days ago

Who is Patrick Drahi, the billionaire who has become BT’s biggest investor?

Moroccan-born telecoms mogul and art lover has surprised investors with £2.2bn swoop on BTPatrick Drahi has built a $12bn fortune making shrewd bets in telecoms, his latest being the surprise move to become BT’s biggest shareholder. But it was the art lover’s deal to take over Sotheby’s that put him in the media spotlight.Drahi paid an eye-watering $3.7bn in 2019 for the underperforming auction house, as the owner of works by Pablo Picasso and Henri Matisse, explained the purchase as an “investment for my family”. Continue reading...


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