Net Worth: | $60 Million |
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Date of Birth: | May 6, 1953 (71 years old) |
Gender: | Male |
Height: | 6 ft (1.829 m) |
Profession: | Politician, Lawyer, Diplomat, Statesman |
Nationality: | United Kingdom |
What is Tony Blair’s net worth? How does Tony Blair make his money? Below is the current net worth of Tony Blair and how Tony Blair makes his money.
What is Tony Blair’s Net Worth?
Tony Blair is a British politician who has a net worth of $60 million. From 1997 – 2007, he occupied the position of Prime Minister in the UK. He was one time the executive chairman of the Tony Blair Institute for Global Change and later occupied the position of Leader of the Labour Party.
Early Life
Hazel and Leo’s second child, Tony Blair, was born on May 6, 1953, in Edinburgh, Scotland. Additionally, he has a younger sister named Sarah and Sir William Blair, his older brother. Leo started teaching law at the University of Adelaide after the family moved to Adelaide, South Australia, in 1954.
Leo obtained employment as a lecturer at Durham University, so they moved back to the UK in 1958, this time to Durham, England. From 1961 to 1966, Blair studied in England at the Chorister School. When he was 13 years old, he was transferred to Edinburgh’s Fettes College boarding school.
Blair took a year off after graduating from school to pursue his dream of becoming a well-known rock music promoter in London. Following his matriculation, he enrolled in St John’s College at the University of Oxford to study law. He performed stand-up comedy while performing in the rock group Ugly Rumours, where he played guitar and sang.
Blair earned his degree in 1975 and attended Lincoln’s Inn as a student barrister.
Career
Blair joined the Labour Party soon after receiving his Oxford degree. Later, he got interested in Labour politics in Hackney South and Shoreditch and declared himself a candidate for the 1982 Hackney council elections.
Blair was chosen as the Labour Party’s nominee for the Conservative seat of Beaconsfield in that year, a race he ultimately dropped. He campaigned for and was elected as the MP for the Trimdon branch of Sedgefield in 1983 with greater success.
Following the election, Blair’s political stature quickly increased; in 1984, he was appointed as an assistant Treasury spokesperson, securing his first front-bench job. When leader Neil Kinnock resigned in 1992, Blair ran for election to the Shadow Cabinet and eventually assumed the position of shadow home minister.
Blair defeated John Prescott and Margaret Beckett to become the new leader of the Labour Party and Leader of the Opposition in 1994, following the passing of Leader of the Opposition John Smith. Blair removed Clause IV, the party’s official pledge to nationalize the economy, during his time in office.
He also supported the EU and the free market, and he attempted to reduce the power of labor unions inside the party. With the Labour Party winning the greatest landslide in general elections ever on May 2, 1997, Blair was elected prime minister of the United Kingdom. By doing so, Blair, then 42 years old, became the country’s youngest president since 1812.
He became the Labour Party’s longest-serving prime minister with additional victories in 2001 and 2005. The majority of hereditary peers were removed from the House of Lords after a number of constitutional changes that the British government implemented under Blair’s administration. The Lord Chancellor’s office was changed, and the Supreme Court of the UK was established.
The Scottish Parliament and Welsh Assembly were both established in 1999 thanks in part to referendums that his administration organized. He put out the National Minimum Wage Act, the Human Rights Act, and the Freedom of Information Act in 1998 and 2000, respectively. However, because of his anti-social conduct legislation, the rate of incarceration rose under his administration as well.
In addition to falsely asserting that Saddam Hussein’s government was in possession of WMD, he made sure that the British Armed Forces took part in the invasion of Iraq and the war in Afghanistan. Blair later implemented a number of divisive anti-terror laws following the 7/7 attack in London in 2005.
After serving as prime minister for ten years, Blair formally stepped down from the position in June 2007. Later, he was appointed as the U.N., EU, Russian, and American representatives to the Middle East. He unveiled a fresh peace and rights for Palestinians strategy in 2008. Blair later announced his resignation from his position as envoy in 2015.
In addition to his other work in the private sector, Blair established the Tony Blair Faith Foundation to foster understanding between people of various religious backgrounds and to work toward the eradication of world conflict and poverty.
He also established the Tony Blair Sports Foundation to encourage youth participation in sports. In order to promote worldwide transformation in businesses and governments, he later established the Tony Blair Institute.
Personal Life
They have four kids together, named Euan, Nicholas, Leo, and Kathryn, who was born in 1980 after Blair wed Cherie Booth. The primary residence for the family is in Connaught Square, one of the family’s eight total homes.
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