Multiverse Success Sees Tony Blair’s Son Headed Towards Billionaire Status
Former prime minister’s son Euan Blair is rapidly heading towards billionaire status after the tech business he founded six years ago was valued at £1.35 billion.
Blair’s EdTech company Multiverse, which he co-founded in 2016 with friend Sophie Adelman, is a platform designed for training and apprenticeship programmes. Recently, the company closed a new £175 million funding round which saw its previous valuation of £700 million double.
The company’s mission is to encourage students to take on apprenticeships instead of university studies. The business proved especially popular over the Covid-19 pandemic as lockdowns and the Great Resignation encouraged people to re-skill, change careers, and test out a new mode of education in place of the more traditional path that university presents.
Last week, 38-year-old Blair was awarded an MBE for services to education as part of the Queen’s birthday honours list.