The girlfriend of former Tory Chancellor George Osborne is set to receive a colossal payout from Deliveroo this month when the fast-food app enters the UK stock market.
The ex-Treasury boss's partner and former aide, Thea Rogers, is about to hit the jackpot.
Rogers, who was considered the brains behind the national living wage and Northern Powerhouse during her stint in politics, will crystallise her stakes in the food-to-go giant when it floats later this month.
Deliveroo rejected speculation that Rogers could net as much as £40million from the move, but as an executive, it's likely that the sum would be substantial.
It follows on from The Hut Group which created 74 millionaires overnight when it joined the stock market last year.
Deliveroo is expected to join at a value of £7.2billion – with even workers set to be offered a share of £16million Thank you bonus when it eventually floats.
Experts forecast the company, which includes Amazon as one of its initial investors, will be valued at more than £7billion when it joins the market.
However, technology stocks have taken a hit in recent weeks after the Prime Minister announced plans to return Britain to normal by June 21.
It remains to be seen whether firms like Deliveroo app will continue to boom when the hospitality sector reopens.
The firm, which is one of the biggest gig-economy recruiters in the UK, has already said staff would be rewarded with a £16million Thank You fund when it goes public.
Every rider who has worked with Deliveroo for at least one year and has completed 2,000 orders will receive £200.
The average payment per eligible rider will be £440, the company explained.
The cash payment will be calculated based on the number of orders completed by each eligible driver – with the maximum payout £10,000.
Deliveroo said it is also allocating £50million of shares to its customers as part of the transaction.
If a float is confirmed in the future, customers will be able to apply for shares – of up to £1,000 - via the PrimaryBid website.
Will Shu, founder of Deliveroo, said: "I want to thank our riders who have been working with us for years, delivering great food and such a fantastic experience for our customers.
"Some of these riders have been with us since the start and I'm delighted that they can share in the excitement of the company's next chapter."
Deliveroo was set up in 2013 by William Shu and Greg Orlowsk.
Its main rival, Takeaway.com, is listed on the FTSE 100 and valued at £10.1billion.
In New York, DoorDash - the largest food delivery firm in the US - was valued at £44.3billion at its IPO in December 2020.
