Tony Blair paid $250,000 an hour for lip-service engagement in Dubai
Tony Blair’s earning power hit astonishing new heights on Wednesday when he pocketed more than £150,000 (Dh880,531) for only an hour’s work.
The former Prime Minister, who is said to have amassed a £50 million fortune since leaving office, was paid the staggering sum for two 30-minute speaking events over two days, at which he discussed global affairs.
The fee works out at more than £2,600 per minute. Blair’s work as a Middle East “peace envoy” is unpaid but this latest trip to Dubai was as guest of honour ofArabian Business magazine to mark its business achievement awards.
A source said he was being paid a $250,000 fee, around £157,000. In addition, the source said his eight-man team was being put up in the finest Dubai hotels and entertained with no expense spared.
- Egyptian stocks plummet as Yemen confict deepens
- Mission to Mars: UAE plans Arab region's first unmanned probe
- Supervising the stoners: Egyptian tobacco traders call for the legalization of cannabis
- Ethiopia launches $2.8m research survey for Nile basin development
- UAE sweetens flotation regulations to attract more investment