Notice: Trying to get property 'display_name' of non-object in /home/theproficientinv/public_html/wp-content/plugins/wordpress-seo/src/presenters/meta-author-presenter.php on line 40
Editor's Pick

Euan Blair receives an MBE after his company finds over 5,000 apprentices jobs

Euan Blair, 38, the founder and chief executive of the apprentice company Multiverse, which matches young people with apprenticeship routes into work, is awarded an MBE for services to education.

He said: “It’s a real honour to receive this recognition, but it’s on behalf of an organisation full of people who are working tirelessly to build a truly outstanding alternative to university.

Multiverse’s growth is testament to the power of apprenticeships to widen access to top jobs and give employers the skilled talent they need.”

The firm has got people into thousands of jobs by matching school leavers with more than 300 employers including Google, Facebook and Morgan Stanley.

Mr Blair co-founded the firm in 2016 and it is now said to be worth more than £600million.

He owns between 25 and 50 per cent of Multiverse shares, according to filings, implying a paper fortune in the tens of millions.

Late last year the company raised £95million in a US investor-led funding round.

Multiverse has placed more than 5,000 apprentices, and over the past year has doubled its headcount to some 400 staff, as well as launching a New York office. More than half of the company’s apprentices are people of colour and 36 per cent are from underprivileged backgrounds.

This year Mr Blair said the expansion of British universities – a key priority of his father when he was in office – has ‘not worked’ and had failed to create a ‘fairer society’.

Blair, a Yale graduate, reportedly has a fortune of more than £160m.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top