How Tony Blair got so rich: a £25m property empire, and more

Former Prime Minister Tony Blair, time and again, has said he doesn’t want to be a “billionaire with a yacht” and that he doesn’t identify with the super-rich.

At a gathering yesterday to mark 20 years since he was elected Labour leader, he claimed that reports of his wealth are “greatly exaggerated”.

“I read I’m supposed to be worth £100m – Cherie’s kind of asked me where it is. I’m not worth a fifth of that,” he said.

So is Blair really worth only £20m? Take a look at what the not-so-humble former PM owns:

1. An £8m Buckinghamshire mansion

Tony Blair's Bucks home

Previously owned by legendary theatre actor Sir John Gielgud, Blair’s Buckinghamshire mansion is now worth a whopping £8m.

2. Six London homes worth £25m

Blair owns six London homes including a £7.3m five-storey Georgian town house in west London and a £3.62m Marylebone home.

Last year, Blair spent £3.6m for a townhouse in the capital for his son Euan and his wife Suzanne.

According to various media reports, Blair forked out £800,000 for a mews house behind his west London home which was later linked to the main house.

3. Fee for private speeches and appearances: £150,000

Last year, Blair reportedly pocketed “£150,000 for just an hour’s speech” for an event hosted in Dubai by the Arabian Business magazine. That works out to be £2,602 per minute.

4. Advisory roles: £3m a year

Blair is reportedly paid £2m a year for his advisory role at JP Morgan and £1m for Swiss insurer Zurich International.

5. Blair’s businesses raked in £13m last year

Earlier this year it was revealed that two of Blair’s businesses raked in more than £13m in a year.

Latest Companies House Accounts show that the former Prime Minister’s company Windrush Ventures saw a turnover of £14.9m for the 12 months to April 1, 2013. The profits of the management consultancy were up £650,000 to almost £2m. Also, cash in the bank was £8.8 m, up from £1.5m the previous year.

Accounts showed that Firerush, another company owned by Blair, holds £4.6m in cash, up from £1.2m.

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Readers' comments (6)

  • Anonymous

    You've told us where it is and what he's got but how did he get it? When he became PM he had a £400,000 home in Islington and the purchase of his first London house caused a furore, so where has the money actually come from?

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  • Anonymous

    How big are the loans (mortgages) outstanding on these properties. If they are mortgage free then he's obviously worth a lot more than £20m

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  • What about the £7 million a year he gets from the Kazakh government since 2010 and all the other lucrative deals he has set up. What's outlined in this article is a part and there is a lot more to add to Blair's wealth. What I cannot understand is what are they are all paying him for, as he was not the brightest spark in the box when he ran the country into the ground with his foreign and national economic policies of putting all one's eggs into the one basket - the 'City' ?

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  • Anonymous

    What about the £7 million a year he gets from the Kazakh government since 2010 and all the other lucrative deals he has set up. What's outlined in this article is a part and there is a lot more to add to Blair's wealth. What I cannot understand is what are they all paying him for, as he was not the brightest spark in the box when he ran the country into the ground with his foreign and national economic policies of putting all one's eggs into the one basket - the 'City' ? Now we all pay for his mismanagement, but not Blair who makes even lies about his true wealth. The Labour Party's long term Achilles heel (of Achilles hell).

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  • This shows how we the tax payers are riped of I bet he get away from paying full tax.
    His wife also is worth some money, why does the tax man not raid there bank account? as a pensinor 0nly grtting basic pension and having to pay tax on my private pension. I think that politation and ex politations have been ripping the publick purse off for years.

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  • Anonymous

    Who believes a single word Blair has to say?

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