Business empire of Tony Blair under spotlight
Former British Prime Minister Tony Blair’s business empire, on which he has been lavishing his attention after he left office, has spent almost £57million on private jets, five-star hotels and other luxuries, say latest reports.
Lair has a private jet dubbed Blair Force One that he leases for £30 million, a Bombardier Global Express and he also stays at the best of hotels such as Emirates Palace Hotel in Abu Dhabi that costs up to £5,000 for a night. Tony Blair has revealed that he was worth £10 million and since then he has developed his business empire which is now a global consultancy giant that offers advice to travel companies, hotels, salaries, rent, oil companies, and more.
The Sunday Telegraph reported that Blair has divided his business into Consultancy that advises governments of different countries which is funded through the Windrush Ventures group and the other division is focused on advising private companies and state-backed investment firms through Firerush Ventures. Located in London, Windrush Ventures has 37 staff in its headquarters and also has offices outside England in Peru, Brazil, Kuwait, Mongolia, Kazakhstan, Colombia, and more.
The parent company has spent nearly £13million in one year ending March 31, 2014 for wages, air fares, subsistence for staff, and so on. The company’s London headquarters alone costs it £550,000 per year in the way of rent. A senior accountant said, “You can never get to the bottom of what his income is because it always goes into an entity that has to file nowhere other than with HM Revenue & Customs.”