According to the Sunday Times, Tony Blair has provided some further details of his extensive business interests during an interview in which he described himself as “a social entrepreneur”.
Mr Blair is paid £2m a year to provide “global strategic advice” to JPMorgan, the investment bank, and another £2m helping Zurich Financial Services in its efforts to reduce the impact of climate change on the insurance business.
Tony Blair said: “I’m a social entrepreneur now,” he said. “I can engineer social change on my own terms, outside of a big government bureaucracy.”
“I’m not a banker or a businessman,” he said. “But, because I am travelling the world, I can help to explain where I think politics is going. They are interested, for example, in relations between America and China and what implications that has for Europe and the rest of the world.”
Mr Blair said he could make “five times” as much money if he concentrated solely on giving speeches.