Tony Blair’s multi-millionaire son Euan joins multi-millionaire Chancellor Rishi Sunak to urge young jobless people to try their hand at apprenticeships
- PM’s son Blair is chief executive of Multiverse, in which he has £70m stake
- Sunak is ex-banker who married an Indian tech billionaire’s daughter
- Joined forces to back Plan for Jobs programme to stem UK unemployment
Tony Blair‘s entrepreneur son Euan lined up alongside fellow multi-millionaire Rishi Sunak today to encourage young people who are out of a job to try their hand at an apprenticeship.
Mr Blair, 37, the founder and chief executive of Multiverse, a firm which offers people non-university career paths, joined the Chancellor to back his Plan for Jobs programme to stem the UK’s burgeoning unemployment rate.
The eldest son of the former prime minister used the event, broadcast live on Twitter by Mr Sunak, to say ‘there are opportunities people can pursue’ despite the economic paralysis affecting the UK.
Both men have taken full advantage of the opportunities life has thrown at them. Mr Blair, like his siblings, is a millionaire through property alone after Mr Blair and Cherie gave them a leg up on to the property ladder.
And last month Multiverse revealed it had secured £32million from investors, who have valued it at a reported $200million (£147million) – with his share worth a estimated £70million.
Mr Sunak is a GP’s son who married an Indian tech billionaire’s daughter and built a multi million-pound fortune before becoming chancellor aged 39.
A graduate of £42,000-per-year Winchester College and Oxford University, where he studied PPE, he is believed to be one of the richest members of Parliament, and lives with his family in a magnificent Georgian manor house in the small village of Kirby Sigston, just outside Northallerton in North Yorkshire.
Mr Blair, 37, the founder and chief executive of Multiverse, a firm which offers people non-university career paths, joined the Chancellor to back his Plan for Jobs programme to stem the UK’s burgeoning unemployment rate.
Multiverse, originally launched by Mr Blair (pictured with co-founder Sophie Adelman) as WhiteHat, boasts a client network of more than 300 firms in Europe including Facebook, Morgan Stanley, KPMG, Fujitsu, Capita, Kantar, Skanska, Citi and Microsoft
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
In the Zoom call meeting this afternoon, Mr Blair said: ‘It may seem at the moment there’s not a lot to be optimistic about given the economic challenges and global pandemic, but there are opportunities people can pursue.
‘There are about 100,000 unfilled data roles and there are lots of organisations offering people the chance to retrain or re-skill with their current employer, or if they are out of work.
‘I would strongly advocate anyone looking to change career to explore an apprenticeship.
‘The fact is we are all going to need to embark on a new career at various points in this journey – most of us are going to have multiple different careers.’
£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
Mr Sunak added that an apprenticeship was ‘not something lesser, it’s just different way to get the skills you need to success in life.’
‘Young people we know are the ones most affected by what’s happening economically.
‘They disproportionately work in the sectors that are being closed down, that are not able to open and fully function – the ones leaving college or university for the first time are entering a really difficult labour market, and we know from the evidence that young people are more likely to be furloughed.
‘When you put all that together, it’s not great for young people.’