Russian billionaire bypasses ban on World Triathlon event with Canadian citizenship

Earlier today, Triathlon Today published an article about World Triathlon and its relationship with the Super League Triathlon (SLT), which will host the next series of Esports World Championships. One of SLT’s co-founders is Leonid Boguslavsky (pictured, right, above, with Super League co-founders Michael Dhulst and Chris McCormack), who has been listed by the US Treasury as one oligarchs close to Vladimir Putin in 2018. According to World Triathlon and Super League Triathlon, Boguslavsky was removed from the list in 2019 after appealing.

World Triathlon also said Boguslavsky would be allowed to attend upcoming Arena Games events because he has dual citizenship – Canadian and Russian. He could attend events as a Canadian.

SLT issued a statement today to “set the record straight”. (You can read the full statement below.)

“Seeing what is happening in Ukraine, I cannot remain silent,” Boguslavsky said in his own statement, which was reproduced by SLT. “I deeply feel this catastrophic and unjustified war. I stand for peace, I call for an immediate end to the war in Ukraine and I hope we can start rebuilding a safe, peaceful and interconnected world as soon as possible.

When asked why Boguslavsky called the situation in Ukraine a “war” and not an “invasion,” SLT replied that “it was just a formulation. No intent here.

SLT’s statement emphasizes Boguslavsky’s dual nationality, saying he “”moved from Russia to Canada as a young man to work as a university professor (as a visiting professor at the University of Toronto) and it was from there that he began an investment career that grew into a successful global portfolio of companies with offices in New York, London, Bangalore and Singapore.

“To be clear,” the statement continued, “neither Leonid nor any of its companies have been subject to sanctions anywhere in the world. Leonid has no political ties to Russia and is a self- made man.SLT says that “of its assets, only 1.1% have a relationship with Russia.”

According to SLT, Boguslavsky “resided in Canada from 1991 to 1996 and his children grew up there and still live in Canada, now including his grandchildren.” While his Forbes profile states his residence is in Moscow, according to SLT Boguslavsky “is a resident and lives in Italy”.

Boguslavsky began competing in triathlon events in 2013 and qualified for the Ironman World Championship in 2015 with a second-place finish in his age group at Ironman Chattanooga, but was unable to compete in racing due to injury. He helped found the Super League Triathlon in 2017 and is also an investor in Zwift.

Here is the full statement from the SLT:

Since the beginning of the conflict in Ukraine, at Super League Triathlon, we have been asked many questions because one of our co-founders, Leonid Boguslavsky, has dual Russian and Canadian nationality. Now is the time to set the record straight.
Leonid is one of four shareholders in the holding company of Super League Triathlon, and as a co-founder he has been a driving force behind not only our development but also that of the sport he loves.

Leonid also released his own statement today, which we reproduce here:
“Seeing what is happening in Ukraine, I cannot remain silent. I deeply feel this catastrophic and unjustified war.

“I believe that invention and entrepreneurship should be used to build a new and better world with more joy and less pain. That’s why I’ve dedicated over 20 years of my life to supporting innovation on a global scale.

“I stand for peace, I call for an immediate end to the war in Ukraine and I hope we can start rebuilding a safe, peaceful and interconnected world as soon as possible.”

As for Leonid’s background, he moved from Russia to Canada as a young man to work as a university professor, and it was from there that he began a career in investing that grew. is transformed into a successful global portfolio of companies with offices in New York. London. Bangalore and Singapore.

To be clear, neither Leonid nor any of its companies have faced sanctions anywhere in the world. Leonid has no political ties with Russia and is a self-made man. Current discussions in the triathlon media about his position are solely due to the fact that he holds dual Russian and Canadian citizenship and is a successful person.

Leonid is a triathlete through and through. He managed to qualify several times for Kona and persevered despite racing in pain after twice undergoing full hip replacements.

His involvement with Super Leaque Triathlon is due to his belief in triathlon and its popularity around the world, with the professionals at the heart of it and the heroes of it all.

At Super League Triathlon we have never sought to hide our affiliation with Leonid. On the contrary, we are proud that he is part of our company.

Both Leonid and Super League Triathlon are committed to transparency in their business relationship, and we look forward to continuing our mission to grow triathlon and inspire people around the world.

We also support the World Triathlon and its decisions.