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Daily Mirror
Daily Mirror
National
Jonathan Coles

Tony Blair's son Euan now richer than his dad after earning £73million fortune

The eldest son of former prime minister Tony Blair is thought to be worth more than his dad after his education start-up was valued at nearly £150m.

Euan Blair, 37, is the CEO of Multiverse, previously named WhiteHat - a London-based company offering young people alternatives to university.

It was revealed yesterday that the business has secured an investment of £32m from investors, who valued it a reported £147m - indicating a potential fortune for the former investment banker.

Reports suggest Euan owns almost 50 per cent of the firm, which means he could now be worth up to an eye-watering £73m - more than his ex-Labour leader dad.

Tony, 67, who is thought to have amassed a property empire after leaving politics, had an estimated wealth of around £60m in 2015, The Daily Telegraph said.

Have you ever worked with Euan Blair? Email webnews@mirror.co.uk.

Euan Blair is the eldest son of the former prime minister Tony (PA)
It is thought that Euan, 37, could now be worth more than dad Tony (PA)

He served as prime minister from 1997 to 2007, during which time he famously championed "education, education, education" - which seems to have rubbed off on his son.

Multiverse works with a host of businesses, including Zoopla, Warner Bros, Google, Facebook and BP to match young people who do not go to university with apprenticeships at major companies based on their skills.

Euan himself studied at the University of Bristol and Yale University before taking a job at the investment bank Morgan Stanley. His successful start-up was then launched in 2016.

Euan, pictured with mum Cherie, is one of four Blair children (Euan, pictured with mum Cherie, is one of four Blair children)

Yesterday's financial injection into Multiverse is thought to be the biggest amount ever raised by a British education technology business, according to MailOnline.

The company said it would use the money to expand, a plan that includes hiring 200 more staff on these shores and opening an office in New York.

Tony and wife Cherie, 66, have three other children - Nicky, 35, Kathryn, 32, and Leo, 20.

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