Technology

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

The Guardian Australia - Technology · 23 September 2026 at 12:57 am

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

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

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