Tony Blair earns £12m since leaving Downing Street
Telegraph.co.uk – October 29, 2008
The former Prime Minister travels around the world on speaking engagements, and can command up to $250,000 (£157,000) for a 90 minute speech. He works exclusively through the blue-chip Washington Speakers Bureau.
Mr Blair has made £4.6 million from his memoirs, around £2 million from his role with investment bank JP Morgan, £500,000 from Zurich Financial Services asw ell as £84,000 of taxpayers money to run a private office and an annual pension of £63,468.
He has earned more money from speeches than Bill Clinton, the former US president, did in his first year after leaving office, The Times reported.
The paper said there is fear at the United Nations that Mr Blair's focus on commercial interests is jeopardising his unpaif role as Middle East envoy.
Such is the demand for Mr Blair, that he has a two-year waiting list for bookings, with clients prepared to pay $250,000 (£157,000) for a typical speech of roughly 90 minutes.
"He is one of the biggest stars in the world. Who else is there?" said Max Markson, the public relations organiser who has taken Mr Clinton, Cherie Blair and Nelson Mandela to Australia.
Mr Blair has become a particular favourite with the Washington-based Carlyle Group. Next month he will address a conference of its European investors in Paris about "geopolitics". He addressed a similar conference for Carlyle in Dubai in February.
Carlyle Group is a leading private equity investor in the military. Its board has been graced by both Presidents Bush and its former European chairman was Sir John Major.
Last updated 31/10/2008