The Scottish Mail on Sunday

From political ruin to fabulous riches in 5 years

- By Brendan Carlin

JUST five years ago Nick Clegg’s career appeared to be in ruins.

The one-time Deputy Prime Minister and ardent Europhile had gone from leading his party into annihilati­on in the 2015 election to, one year later, watching as the country voted to back Brexit.

The 55-year-old’s personal political nadir came in 2017 when he lost his Commons seat of Sheffield Hallam to a little-known Labour challenger in the general election.

But half a decade later, Sir Nick’s fortunes stand transforme­d.

As de facto No2 to Meta boss Mark Zuckerberg, he has arguably far more influence and power than he ever wielded as deputy PM to David Cameron in the 2010-15 Coalition government. His personal financial prospects have also changed out of all recognitio­n.

Sir Nick’s combined salary as an MP and Deputy PM was £134,565.

But when he joined Facebook, his annual income reportedly rocketed to £2.7million – a figure that may now be nearly £15m after his most recent promotion to global president of global affairs at Meta.

That allows him and his wife, Miriam González Durántez, 53, to live in considerab­le luxury. The couple are residents of Atherton, a Silicon Valley town with ‘the most expensive postcode in America’.

Their home is a £7million two-storey faux Queen Anne house in grounds of an acre, which was described by estate agents as a ‘jewel’ with ‘luxurious amenities’.

It has five bedrooms, six bathrooms, a large kitchen, a library and a dining room that seats 16. Sir

Nick and Lady Clegg, who have three sons, also have a pool, outdoor hot tub and patio fireplace.

They have taken up kayaking and hiking, with Sir Nick throwing himself into the Silicon Valley lifestyle.

 ?? ?? HOT PROPERTY: The £7million home bought by the Cleggs, right
HOT PROPERTY: The £7million home bought by the Cleggs, right
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