His father Tony has made millions advising foreign leaders and mighty corporations since stepping down as prime minister.
And his mother Cherie is a highly-paid lawyer with an impressive property portfolio.
But Euan Blair is set to leave them both in his wake after his share in an education start-up company was valued at almost £70million.
The 37-year-old, the Blairs’ eldest son famously arrested aged 16 for being ‘drunk and incapable’ as he celebrated the end of his GCSE exams, founded Multiverse to offer young people an alternative to university.
Yesterday the company, which until now has been called WhiteHat, revealed it had secured £32million from investors, who have valued it at a reported $200million (£147million).
Euan is not the only successful Blair child, with all of them millionaires through property alone after their parents gave them a leg up on to the property ladder. Tony Blair’s second son Nicky, 35, is a successful football agent while his only daughter Katrhryn followed in her mother’s footsteps and became a barrister.
Their youngest child Leo, 20, is a student and a Labour party member, having joined when Jeremy Corbyn was leader.
All of them have been helped on to the property ladder by their parents, who have a £37million property empire. Euan lives in a central London townhouse in one of the capital’s most exclusive areas worth £4.6million.
The company, originaly launched as WhiteHat (pictured with WhiteHat co-founder Sophie Adelman), boasts a client network of more than 300 firms in Europe including Facebook, Morgan Stanley, KPMG, Fujitsu, Capita, Kantar, Skanska, Citi and Microsoft
Tony Blair’s son Euan (pictured with wife Suzanne Ashman on their wedding day in 2013) could now be worth up to £73million after the education technology start-up he founded was valued at £147million
£4.6m: Eldest son Euan Blair, 37, is believed to live in a plush townhouse estimated to be worth a staggering £4.6 million – part of the family’s £37million property empire
The investment banker-turned-entrepreneur could now be richer than his former Labour Prime Minister father (pictured), who, according to the Telegraph , had an estimated wealth of around £60million in 2015
Who is Tony Blair’s son Euan?
Euan Blair is the eldest son of former Labour Prime Minister Tony Blair and wife Cherie.
He was born in London in 1984, thirteen years before his father’s New Labour stormed to power in a landslide election victory in 1997.
As a young boy, he was occasionally photographed outside the steps of Downing Street with his mother, father and siblings Nicholas and Kathryn. His youngest brother, Leo, was born in 2000.
As a young boy, he was occasionally photographed outside the steps of Downing Street with his mother, father and siblings Nicholas and Kathryn
Euan attended catholic boys school, The London Oratory School, in Fulham, and was made a headboy.
Blair Junior, as he was sometimes referred, later attended Bristol University in the UK and prestigious Yale in the US before opting for a career in investment banking with Morgan Stanley.
In 2013 Euan married long-term girlfriend Suzanne Ashman – the daughter of motor-racing entrepreneur Jonathan Ashman – who is a partner at venture capital firm Local Globe.
The couple were wed at the All Saints Parish Church in Wooton Underwood, Buckinghamshire before heading to a reception at the nearby Blair family mansion.
Later that year the pair moved into a £3.6million Georgian townhouse in Marylebone – near to the headquarters of his edutech start-up firm WhiteHat.
The company was launched in 2016. It has since been re-branded as Multiverse.
In 2017, at the age of 29, wife Suzanne was listed as a prominent European financier on prestigious business publication Forbes’s 30 under 30 list.
In 2018, Euan became an uncle after brother Nicholas and his wife Alexandra welcomed a baby girl – the first grandchild of Tony and Cherie.
Chief executive Mr Blair had a 47 per cent stake, according to filings on Companies House last year, worth around £68million under the estimated valuation.
That is more than the reported net worth of his father, who famously said his priorities as PM were ‘education, education, education’. He has made a fortune from various commercial ventures since leaving No 10 in 2007.
The former Labour leader, 67, insisted in 2014 that he was worth less than £20million, although some have claimed he is likely to be worth nearer £50million.
He and wife Cherie, 66, a leading barrister and part-time judge, have reportedly amassed a property empire worth £35million.
She was mired in controversy in the ‘Cheriegate’ saga in 2002, when she purchased two flats in Bristol. It was alleged, but denied, that she received a discount negotiated for her by Australian conman Peter Foster, then boyfriend of her friend and stylist Carole Caplin.
In 2009 she admitted in an interview that her working-class upbringing on Merseyside left her driven to ensure she had money – her father, Till Death Do Us Part actor Tony Booth, left her mother when Cherie was eight and she lived with her grandmother.
‘It’s nice to be comfortable, but I’ll probably never ever stop worrying that I’ve got enough,’ Mrs Blair told Tatler.
Euan, one of the Blairs’ four children, was 13 when his father won power in 1997 and grew up in Downing Street with brother Nicky and sister Kathryn. His youngest brother, Leo, was born in 2000. Euan married venture capitalist Suzanne Ashman, who is in her early 30s, in 2013.
He worked at banking giant Morgan Stanley before setting up WhiteHat with fellow entrepreneur Sophie Adelman in 2016. The venture was launched to help the 50 per cent of young people who do not go into higher education, by matching them with apprenticeships at major companies based on their skills.
The service works with a host of businesses, including property website Zoopla, entertainment giant Warner Bros, Google, Facebook, office provider WeWork, the Starling and Santander banks, oil giant BP and law firm Mishcon de Reya.
Apprentices are supported by the firm, which provides coaching and training.
The £32million in new investment is thought to be the biggest amount ever raised by a UK education technology business.
Yesterday Multiverse said it would use the money to expand, a plan that includes hiring 200 more UK staff and opening an office in New York.
Mr Blair said: ‘For a long time there’s been a belief that college, supplemented by sporadic corporate training, is the only route to success.
‘This model is fundamentally broken. So we’re building an outstanding alternative to both the college system and to traditional corporate training.
Leo Blair (centre), the youngest son of former British Prime Minister Tony Blair, and Cherie Blair (right), listen to Mr Blair during a speech to mark the 120th anniversary of the founding of the Labour party in February
Nicky Blair, pictured with his mum, is a football agent and gave his parents their first grandchild
Kathryn Blair, Tony and Cherie’s only daughter, is a barrister in London
As a young boy, Euan was occasionally photographed outside the steps of Downing Street with his mother, father and siblings Nicholas and Kathryn (all pictured). His youngest brother, Leo, was born in 2000
‘We’re empowering people from diverse backgrounds to access the very best opportunities through apprenticeships as they embark on a successful and fulfilling career.’
Joel Cutler, boss of investor General Catalyst, which took part in the latest fundraising round, said: ‘A four-year degree should not be a prerequisite to reaching your fullest professional potential.’
Multiverse did not respond to a request for further comment.
What has happened to Tony Blair’s other children?
Tony Blair with his family on the doorstep of 10 Ten Downing Street. L-R, sons, Nicky , Euan, wife Cherie, son Leo, Tony Blair and daughter Kathryn
Nicky Blair, 35, is a successful football agent and married divorce lawyer Alexandra Bevir.
Nicky, who trained to ve a teacher, tied the knot with Alex, 34, with a reception at the Blairs’ Buckinghamshire home South Pavilion five years ago. The couple have a young child together.
Nicky’s agency, Magnitude, was accused of trading on the Blair name to sign players in the footballing hotbed of Brazil — including youngsters from country’s impoverished favelas, The Sun has claimed previously.
In 2018 Nicky splashed out £2.75million on a new London property.
Kathryn Blair is a successful barrister. The PM’s only daughter married long-term boyfriend James Haslam in Sardinia in 2019.
In preparation for marital bliss, barrister Kathryn and James bought a five-bedroom West London townhouse for £2.4 million. She also has another home in London worth some £1.4million, bought in 2015.
Baby of the family Leo Blair is 20. The student owns a £800,000 home close to the Blairs’ country seat. It is in the grounds of this house that the controversial barn, which the council won’t let be developed
Blairopoly: Tony and Cherie Blair’s £37m property empire where his children alone have homes worth £12m – thanks to some VERY unsocialist wheeler-dealing…
For the last decade they have built up an extraordinary property portfolio consisting of 39 homes and flats whose worth is put at £37million.
Their investments — some bought with mortgages and some without — span everything from student digs in Manchester to Tony and Cherie’s principal homes in London and Buckinghamshire, worth more than £20million alone.
Not to be outdone, their children have been busy reaching ever more rarefied heights on the property ladder.
£10m: Tony Blair’s country pile in Wotton Underwood, Buckinghamshire, was once the home of actor Sir John Gielgud
£800k: Leo Blair (right), 18, was welcomed into the ‘family firm’ and made the co-owner of an £800,000 house close to the Blairs’ country seat. It is in the grounds of this house that the controversial barn, which the council won’t let be developed
£225k: Also among the list of properties owned by the Blair’s are three of Cherie and eldest son Euan’s Stockport flats
£1.4m: This period terrace in London belongs to daughter Kathryn Blair and was purchased in 2015. It is worth some £1.4million
£1.3m: Oldbury Residential Ltd also forked out for 14 more Stockport flats to add to the growing number of properties on the list
£2.4m: After buying her first property in 2015, Kathryn Blair bought a second house for £2.4 million. It is currently undergoing renovations
While eldest son Euan, 37, lives in a townhouse estimated to be worth £4.6million, in 2018 his 35-year-old brother Nicky splashed out £2.75million on a new London property.
The Blair’s £37.9m property empire
£9.6m Five-storey Grade II-listed Georgian townhouse in London, bought in 2004 for £3.65m
£10.5m Grade I-listed manor house in Buckinghamshire, bought in 2008 for £5.75m
£800k Mews house behind townhouse, London, bought in 2007 with mortgage, since paid off
£2.1m Four-storey Georgian townhouse, London, bought for £1.35m cash for son Nicky in 2012
£1m Three-bed cottage in Buckinghamshire, bought for £600,000 cash in 2013
£4.8m Six-storey Grade II-listed Georgian townhouse, London, bought for £3.62m in 2013 for son Euan and his wife Suzanne
£1.5m Mews house behind Euan’s townhouse for daughter Kathryn, bought for £1.2m in 2014
£800k Ten flats in Manchester bought for £650,000 in September 2014 by Cherie and Euan as a buy-to-let investment
£1.3m Fourteen flats in Stockport bought in 2014 by Cherie and Euan for £1.2m
£250k Three more flats in Stockport, bought in 2015 for £225,000
£280k Four flats in Whalley Range, Manchester, bought in April 2016 for £265,000
£5m Office building for Cherie, London, bought July 2017
Meanwhile sister Kathryn, 32, owns two London houses. The first, worth some £1.4million, was bought in 2015. Then she bought a second house for £2.4million.
All of which leaves Leo, the Blair’s fourth and youngest child.
He turned 18 in 2018 but, we can reveal, had barely blown out his candles when he was welcomed into the ‘family firm’, being made the co-owner of an £800,000 house close to the Blairs’ country seat.
It is in the grounds of this house that the controversial barn sits. Had it been granted planning permission, it would have become the 40th property in the family’s portfolio.
Instead, it remains a shed in a state of disrepair — a description that could be applied to the Blairs’ relationship with villagers.
‘It’s fair to say there was a fair degree of opposition,’ one local said of the matter earlier this week. ‘It is all rather awkward.’
When the Blairs left Downing Street in 2007 they first moved into a five-storey Grade II-listed Georgian townhouse in London’s uber-posh Connaught Square.
A stone’s throw from Hyde Park, the property was bought for £3.65million while Mr Blair was in office. At the time they feared they would struggle to afford it.
In her memoirs, Cherie wrote that they had taken out a mortgage ‘the size of Mount Snowdon’. The payments initially fell on her shoulders — ‘it was very scary’ — which she covered through her work as a QC and with lucrative speaking engagements in America.
But as Mr Blair’s post-Downing Street career took off, the money poured in.
His earnings since quitting are conservatively estimated at £20million, money used to invest in property which, in turn, has itself increased in value by more than £10million.
According to property website Zoopla, the Blairs’ main London property is now worth around £8.5million.
Linked to it is a mews house, bought for security reasons on advice from MI5 in 2007, with a purchase price of £800,000. That is now worth £1.7million.
Not long afterwards, the Blairs treated themselves to a country retreat: a Grade I-listed mansion near Aylesbury, Bucks.
The former home of actor Sir John Gielgud, it was bought in 2008 for £5.75million but is now valued at £10million.
Among the Blairs’ neighbours is David Gladstone. A descendant of Victorian Prime Minister William Gladstone, he lives in an early 18th-century stately home for which the Blairs’ property once served as coach house.
Its grounds and gardens, designed in part by Capability Brown, are designated Grade I by Historic England.
In 2013 the Gladstone family sold the Blairs a £600,000 property nearby. Nestling on the edge of a wood, the four-bedroom house was extensively renovated.
Land Registry documents show it was bought without a mortgage and initially owned jointly by Cherie and Mr Blair’s younger sister, Sarah.
But in the year of its purchase, Kathryn’s name was swapped onto the deeds in place of her aunt. Soon after the property, now worth £800,000, was advertised to rent for £2,500 a month.
With the house came a parcel of land including a pond and the barn. At 21 by five metres, it has wooden sides and a rounded, corrugated iron roof.
In September 2017 an application was submitted to Aylesbury Vale District Council for permission to convert the barn from agricultural to residential use.
The application was submitted in the name of ‘Mr A Hubble’.
It is understood this refers to Andrew Hubble, who is said to work for the Blairs and to live in a property owned by them. ‘They (the Blairs) do everything in someone else’s name,’ said a well-placed source.
‘It is purely because they (the Hubbles) work for the Blairs and tend to do most of the stuff because they live in the village full time.’
The application included plans for how the barn could be converted into a three-bedroom house, enlarging it and raising the roof and extensively re-building it.
The plans did not go down well in the village.
Among those to contact the council to object was Mr Gladstone. He wrote: ‘The site was sold to Mrs Blair in 2013 with a strict prohibition on change of use because of the importance of the landscape. The barn is very obviously visible from large tracts of the landscape and any development would be a blight.’
Another resident, Christian Sacher, wrote: ‘The existing barn is little more than a shed. The idea that this is a conversion of a substantial existing building does not bear scrutiny.’
In December 2017 the application was refused by the council, which described it as an ‘incongruous and inappropriate form of development’.
Unperturbed, in April 2018 another application was submitted to convert the barn into a three-bedroom dwelling. Again residents objected.
‘I am somewhat exasperated to have to go through due process of objecting in the strongest terms AGAIN less than four months after the previous application was rejected,’ wrote Mr Gladstone.
‘The proposed development has been ruled…to be detrimental and causing significant harm to my unique Historic Park of national and international importance.
‘The small design changes proffered do not address any of the objections and reasons for refusal.
‘It is regrettable that despite the clearly expressed views of the illustrious statutory consultees…in rejecting the previous application, that the Blair family hiding behind the applicant persist in wasting everyone’s time and causing potential irreparable upset.’
In August the council again turned down the application.
What plans the Blairs have for the barn now are unclear. Contacted to discuss the matter, the Daily Mail received no response from Mrs Blair or her husband.
But Land Registry records show that, as of the end of May, the co-owners of the house and land are now Leo and Kathryn Blair.
Leo celebrated his 18th birthday earlier that month. Of course, if he intends to further follow in the property-owning footsteps of his older siblings, then he may have to prepare himself for similar planning battles in years to come.
Kathryn, a barrister, recently found herself locking horns with her neighbours after applying for permission to renovate her newest home — a £2.4million five-bedroom townhouse in West London.
She bought the property in December 2017, despite already owning a £1.4million townhouse half a mile away.
A planning application was submitted to erect a full width single-storey rear ground extension, but hurriedly withdrawn following a host of complaints, principally about a gas meter box which Ms Blair wanted moved outside. Another submission a month later was met with further objections.
One public comment on the Westminster Council website said her proposed solar panels were out of keeping with the conservation area the house lies within.
Despite the objections, planning permission was finally granted last month.
Kathryn’s other brother Nicky, who has worked as a football agent, has also recently moved house.
In 2012 he and mum Cherie bought a four-storey Georgian townhouse in London for £1.35million. It underwent major remodelling and was subsequently transferred into his sole ownership.
In May of last year, it sold for £1.735 million, after which he and his wife Alexandra spent £2.75million on a Victorian villa in North London.
But of all the siblings, it is Euan who has been the most active in the property market, acting in conjunction with his mother.
Her name is listed alongside his as the joint owner of the home he lives in with his wife. It was bought for £3.625million in 2013 and is now worth a million more.
Together with Cherie he is a director of Oldbury Residential Limited, the company they set up to buy and rent out properties.
It owns a total of 31 flats and houses in the North of England. These include ten flats bought in Urmston, Manchester, for £650,000 in 2014, 14 flats in Stockport bought in the same year for £1.3million, three more Stockport flats bought in 2015 for £225,000 and four flats bought in Manchester’s Whalley Range in 2016 for £265,000
In 2018, the company reported £200,000 in profits for each of the past two years.
To that background it can only be a matter of time before the family Blair expands their property portfolio further.
Doubtless their neighbours in the Buckinghamshire countryside will be hoping that does not include a converted shed.