An education company founded by Euan Blair, son of the former prime minister Tony Blair, has been valued at $1.7bn (£1.4bn) after its latest fundraising.
The investment in Multiverse gives the 38-year-old a paper fortune of between $425m and $850m, while doubling the valuation of the business in less than a year. The company helps young people in the UK and US who have not been to university find apprenticeships with companies and access training.