{"id":119524,"date":"2021-04-01T23:29:47","date_gmt":"2021-04-01T23:29:47","guid":{"rendered":"https:\/\/precoinnews.com\/?p=119524"},"modified":"2021-04-01T23:29:47","modified_gmt":"2021-04-01T23:29:47","slug":"euan-blairs-apprenticeship-venture-nets-a-cool-10-million","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/world-news\/euan-blairs-apprenticeship-venture-nets-a-cool-10-million\/","title":{"rendered":"Euan Blair&apos;s apprenticeship venture nets a cool \u00a310 million"},"content":{"rendered":"<h2>Tony Blair&#8217;s son Euan toasts success as his online apprenticeships venture nets a cool \u00a310million&#8230; in one year<\/h2>\n<ul>\n<li><b>Euan Blair is raking in millions from his own education\u00a0business\u00a0\u00a0<\/b><\/li>\n<li><strong>His online apprenticeships venture made almost \u00a310million in a year<\/strong><\/li>\n<li><strong>Young Blair&#8217;s Multiverse Group Ltd\u00a0was valued at \u00a3147million in January<\/strong><\/li>\n<\/ul>\n<p>Standing outside No 10, young Euan Blair may have already been familiar with his father&#8217;s slogan: &#8216;Education, education, education.&#8217;<\/p>\n<p>Now, 23 years later, he is raking in millions from his own education business.<\/p>\n<p>Newly published accounts show the 37-year-old&#8217;s online apprenticeships venture made almost \u00a310million in a year.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2021\/04\/02\/00\/41243782-9429037-image-m-42_1617318522284.jpg\" height=\"604\" width=\"634\"><\/p>\n<p>Euan Blair, pictured above,\u00a0is raking in millions from his own education business<\/p>\n<p>As the ex-prime minister&#8217;s son owns 47 per cent of the firm, his income will rival that of his father, who left politics with a string of luxury homes and has offered costly consultancy to senior leaders and corporations.\u00a0<\/p>\n<p>The soaring earnings of young Blair&#8217;s Multiverse Group Ltd \u2013 which provides apprenticeship training services for firms \u2013 explain why it was valued at \u00a3147million in January.<\/p>\n<p>That meant Euan&#8217;s stake was potentially worth a cool \u00a370million. Accounts for the year to March 2020 show Multiverse doubled its staff to 98 and its cash in the bank rocketed by \u00a37.9million to \u00a39.33million.\u00a0<\/p>\n<p>Euan created the firm in 2016 alongside entrepreneur Sophie Adelman to help the 50 per cent who do not go to university find apprenticeships.<\/p>\n<p>The ex-Morgan Stanley banker, married to venture capitalist Suzanne Ashman, said: &#8216;We&#8217;re empowering people from diverse backgrounds to access the very best opportunities.&#8217;<\/p>\n<p>The Blairs&#8217; daughter Kathryn is a 33-year-old barrister, middle son Nicky, 35, is a football agent and youngest son Leo, 20, is at Oxford.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-9429037\/Euan-Blairs-apprenticeship-venture-nets-cool-10-million.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tony Blair&#8217;s son Euan toasts success as<\/p>\n","protected":false},"author":3,"featured_media":119523,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23056],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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