Exclusive: Tony Blair's fortune now stands at three times the amount he has previously claimed, at some £60 million - which includes 10 homes
Tony Blair's fortune now stands at some £60 million - three times the amount he has previously claimed, detailed analysis by the Telegraph has found. Despite receiving tens of millions of pounds in fees from private clients around the world, his financial affairs can appear as complex and opaque as his global influence is remarkable.
The former prime minister, his wife Cherie and older children Euan, Nicky and Kathryn, now control a property empire covering some 10 homes across England and worth in excess of £25 million.
Mr and Mrs Blair jointly hold title deeds to a £7.5 million Grade II listed townhouse close to Hyde Park, the £1.7 million mews house behind it, and an £8 million Grade I-listed 17th century manor house, formerly owned by Sir John Gielgud, near Aylesbury, Bucks.
Cherie and Euan, 31, own the £4.4 million Georgian townhouse in Marylebone, West London, where he lives with wife Suzanne.
Mrs Blair and her son also own 24 rented flats spread across properties in Stockport and Manchester, and purchased under the name Oldbury Residential Limited.
Aspiring football agent Nicky, 30, owns a £1.8 million four-storey townhouse in Marylebone, West London, while Kathryn's name appears on the deeds to £1.2 million mews house which backs onto Euan's home.
In August 2014, when the property is believed to have been owned by Cherie and Euan, Westminster Council granted permission to excavate a new basement level, enlarge the dwelling area, and create a courtyard enclosed by a 2m tall opaque glass screen.
They approved a request to raise the height of the roof and parapet wall on the boundary with Euan's main home one month later.
Ownership of the Mews house appears to have been transferred to Kathryn Blair in January this year, according to the Land Register.
Adding the value of Mr Blair's properties to the value of his companies, the money in his accounts and his earning from regular speaking engagements puts his overall wealth at more than £58 million.
Since 2008 the family may also have made gross profits of £1.6 million after selling three more London properties and former Sedgefield MP Mr Blair's constituency home in County Durham.
The figure helps offset Mr and Mrs Blair's far larger mortgages with Lloyds Bank and JP Morgan, for whom Mr Blair works as a £2 million per year adviser.
Mr Blair, who earns as much as £200,000 for a single speaking engagement, has previously insisted he is worth less than £20 million.
His profit-making and philanthropic affairs are administered by Tony Blair Associates (TBA) under the auspices of The Office of Tony Blair.
Established in 2009, TBA is the trading name for two principal companies, Windrush Ventures Limited (WVL), incorporated in 2007, and Firerush Ventures Limited (FVL), created in 2007.
WVL is the channel for Mr Blair's governmental advisory work, while FVL administers the funding of his work advising companies and sovereign wealth funds.
They are listed at an address a stone's throw from Whitehall and the Houses of Parliament and close to St James's Park in the heart of Westminster.
Both are registered in England and Wales and pay full UK taxes. There is no suggestion of wrongdoing.
WVL alone is valued at more than £17 million, after multiplying its most recent profits by a factor of 13 - far lower than the average multiple of 18 used in the FTSE 250.
Last year the firm, which employs 37 staff, recorded an overall turnover of more than £14 million, including profits of £1.2 and more than £5 million in the bank, according to Companies House records.
The company also announced operating costs - including staff salaries, social security, travel and accommodation expenses, rent and other sundries - of £13 million, up from £12.1million in 2013.
In fact, over the last five years such expenditures have made up an astonishing £56 million of TBA's £66 million total turnover.
WVL's best year to date was 2012. A total turnover of £16.1million - almost double that of 2010 - allowed operating profits to soar to £3.5 million, despite holding just £1.5 million cash in hand.
FVL has reported more modest gains - from capital reserves of just £25,000 in 2010 to £680,000 last year, down from a 2013 peak of £1.6 million.
Tony Blair: his global empire of influence
June 27, 2007
After a decade in office, Tony Blair steps out of Downing Street as prime minister for the last time. The same day, he announces that he will be the Quartet's envoy to the Middle East, representing the UN, US, EU and Russia.
July 2007
Mr Blair flies to the United Arab Emirates (UAE) for talks with senior officials and members of the royal family, his first official visit as Quartet Representative.
UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan meeting Blair
October 2007
Mr Blair sets up two companies: Windrush Ventures Limited and Windrush Ventures No.1 Limited. It is later understood that Windrush Ventures Limited pays money for Mr Blair's Government Advisory Practice.
November 2007
During a tour of China, Mr Blair is hired for £200,000 to give a speech to businessmen and government officials. He is criticised by local media for charging a huge sum of money yet apparently failing to say anything interesting.
A real estate firm hired Blair to speak at a 'VIP banquet'
2008
The Rwandan government becomes the first to be advised by Mr Blair's new charity, the Africa Governance Initiative (AGI). Mr Blair also begins advising the government of Sierra Leone through AGI. In January, it emerges that Mr Blair is earning around £2million a year from the Wall Street bank JP Morgan, providing "strategic advice and insight on global political issues". The Swiss financial services company Zurich separately announces that it has signed up Mr Blair to advise on "developments and trends in the international political environment" in a deal thought to be worth £500,000 a year. In August, he strikes a deal to advise South Korea's UI Energy Corporation, which is said to have extensive oil interests in the US and in Iraq.
Blair and Paul Kagame, the Rwandan president
2009
In January, Mr Blair visits Muammar Gaddafi. It later emerges that Mr Blair had six private meetings with the Libyan dictator within three years of leaving Downing Street and on at least two occasions Mr Blair flew to Tripoli on a private jet paid for by the Libyan regime. In May, Mr Blair sets up Firerush Ventures Limited and the following month Firerush Ventures No.1 Limited is incorporated. It is later understood that Firerush Ventures Limited administers the funding for Mr Blair and his team's work advising companies and sovereign wealth funds. Around July, TBA strikes a lucrative deal to advise Abu Dhabi's sovereign wealth fund, Mubadala, which has a portfolio worth more than £44 billion. Mr Blair also begins advising Liberia's president Ellen Johnson Sirleaf through his AGI charity.
Blair shakes hands with Gaddafi
November 2010
TBA secures a contract with PetroSaudi, an oil company founded by a senior member of the Saudi royal family, for a fee of £41,000 a month and a two per cent commission on any of the deals he helps broker.
November 2011
Mr Blair strikes a deal to advise Nursultan Nazarbayev, the autocratic president of Kazakhstan. The deal is thought to be worth millions of pounds. Mr Blair later advises him on how to manage his image after the slaughter of unarmed civilians protesting against his regime.
December 2011
Mr Blair begins advising Alpha Conde's government in Guinea through his charity AGI, later offering advice on how to improve the government's image following mass civil unrest, in which nine protesters died and hundreds were injured in clashes with government.
August 2012
AGI begins work in Malawi, advising President Joyce Banda's government. Mr Blair's team later pulled out of the country amid a corruption scandal, but the president's office insisted the events were not linked. Mr Blair's consultancy strikes a deal worth almost £4 million a year to advise the state government of São Paulo, the economic powerhouse behind Brazil's rapidly growing economy. The sum is disputed by Mr Blair.
September 2012
Mr Blair is reportedly paid one million dollars to broker deal to create world's largest mining company, Glencore Xstrata, in which Qatar had a sizeable stake.
October 2012
On a trip to Vietnam, Mr Blair reportedly offers to advise the government on issues including reforming the country's economy and attracting more foreign investment. He later reaches an agreement for TBA to provide a team of consultants to work in the country, funded by UAE.
January 2013
Mr Blair strikes a deal at the World Economic Forum in Davos, Switzerland, to advise the Peruvian government on issues including public-private partnerships (PPPs). TBA also begins advising Myanmar's government, where his office says his work is pro-bono.
March 2013
Mr Blair negotiates a contract to advise the Mongolian government just as the country strikes it rich from a vast copper and gold mine in the Gobi desert.
June 2013
TBA begins advising Edi Rama's government in Albania. Mr Blair insists his firm is not paid by the Albanian government. Albania is also part of the World Bank-backed Global Network of Delivery Leaders, led by Mr Blair.
October 2013
Two of Mr Blair's most senior aides fly to Bogota, Colombia's capital, to sign a deal under which his consultants would monitor the redistribution of billions of pounds earned by Colombia from mining deals. TBA's consultancy fees are paid for by the UAE, as part as the firm's deal with the Gulf state.
September 2014
Mr Blair proposes a deal to advise the UAE, which one source claims could be worth £30 million. His team discussed the proposed deal with the UAE's foreign ministry, which is headed by the minister with whom he works in his role as Quartet Representative.
February 2015
It emerges that Mr Blair is advising Kenya's president, Uhuru Kenyatta, through AGI. Kenyatta was indicted by the International Criminal Court for the deaths of hundreds of his countrymen in post-election violence in 2007, but later cleared. The same month TBA confirms that has struck a deal to advise Serbian Prime Minister Aleksandar Vucic, with his work in the country believed to be funded by the UAE.
March 2015
An audio recording of senior Egyptian military officials suggests that the now- president Abdel Fattah el-Sisi's rise to power was partly funded by the UAE. Mr Blair reportedly agreed to advise the Egyptian government as part of a UAE-funded programme promising to deliver huge "business opportunities".
May 27, 2015
Mr Blair steps down as Quartet representative amid criticism that his diplomatic role had been compromised by his lucrative consultancy work and business deals with governments around the world.
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