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Reading: Nick Clegg could make £30m windfall from datacentre startup Nscale flotation
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allfrontnews > Blog > Business > Nick Clegg could make £30m windfall from datacentre startup Nscale flotation
Business

Nick Clegg could make £30m windfall from datacentre startup Nscale flotation

Last updated: September 22, 2026 4:57 pm
By allfrontnews
1 Min Read
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The former UK deputy prime minister is a board member of the UK-based company and owns 917,000 shares

Nick Clegg could make approximately $40m (£30m) from the planned float of Nscale as the UK-based datacentre company prepares for a US stock market listing.

The former UK deputy prime minister owns more than 917,000 shares in the startup, which is reportedly seeking a valuation of up to $35bn in a flotation. Based on Clegg’s stake of 0.12%, that could yield a valuation of about $42m for the ex-Liberal Democrat party leader.

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Source: Guardian Business

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