The former prime minister will be paid at least £700,000 a year to act as a “strategic adviser” to Khosla Ventures, a venture capitalist firm founded by Indian billionaire Vinod Khosla.
The Californian company bankrolls businesses hoping to profit from technology that helps reduce global warming and carbon emissions.
Mr Blair secured the job thanks to his “influence” and high level international contacts, whom he will be expected to lean on to open doors.
He has told friends he needs £5 million a year to fund his lifestyle...
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