According to reports, former UK prime minister Tony Blair's eldest son Euan, 37, has surpassed his father in terms of net worth after his edtech company's valuation touched a new high.

Euan's edtech apprenticeship startup Multiverse has reportedly raised $130 million in the latest round of funding.

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The education tech startup is reportedly valued at $875 million and is nearing&nbsp;billion-dollar "unicorn" status.

The startup is based on the unique model of ensuring school leavers and those who haven't completed university education to find apprenticeships in companies including the NHS, Morgan Stanley and tech giants Facebook and Google.

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Reports say Tony Blair's son owns between 25 to&nbsp;50 per cent of Multiverse shares. Euan's startup&nbsp;had reportedly opened an office in New York earlier this year. The company has reportedly placed over 5,000 apprentices and has been on a hiring spree.

Former prime minister Blair had taken up several high profile engagements in public speaking charging thousands of dollars. However, Euan has now overtaken his father in total net worth after his edtech startup has attracted new funders even as reports indicate Multiverse could debut in the London stock exchange.

<a href="https://www.wionews.com/business-economy/the-startup-enemies-of-wall-street-are-booming-374761">Also Read:&nbsp;The startup enemies of Wall Street are booming</a>

The company's total funding has now reached $194 million with its valuations skyrocketing. Multiverse&nbsp;is now reportedly eyeing growth in both UK and US markets.&nbsp;

(With inputs from Agencies)

According to reports, former UK prime minister Tony Blair's eldest son Euan, 37, has surpassed his father in terms of net worth after his edtech company's valuation touched a new high.

According to reports, former UK prime minister Tony Blair's eldest son Euan, 37, has surpassed his father in terms of net worth after his edtech company's valuation touched a new high. Euan's edtech apprenticeship startup Multiverse has reportedly raised $130 million in the latest round of funding. Also Read: Former PMs Tony Blair, John Major slam Boris Johnson for 'shaming' UK The education tech startup is reportedly valued at $875 million and is nearing billion-dollar "unicorn" status. The startup is based on the unique model of ensuring school leavers and those who haven't completed university education to find apprenticeships in companies including the NHS, Morgan Stanley and tech giants Facebook and Google. Also Read: 6 new unicorns in 4 days: How startups thrived during the pandemic Reports say Tony Blair's son owns between 25 to 50 per cent of Multiverse shares. Euan's startup had reportedly opened an office in New York earlier this year. The company has reportedly placed over 5,000 apprentices and has been on a hiring spree. Former prime minister Blair had taken up several high profile engagements in public speaking charging thousands of dollars. However, Euan has now overtaken his father in total net worth after his edtech startup has attracted new funders even as reports indicate Multiverse could debut in the London stock exchange. Also Read: The startup enemies of Wall Street are booming The company's total funding has now reached $194 million with its valuations skyrocketing. Multiverse is now reportedly eyeing growth in both UK and US markets. (With inputs from Agencies)

How Tony's Blair's son Euan's net worth has zoomed after startup success

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How Tony's Blair's son Euan's net worth has zoomed after startup success