Nick Clegg, former UK Deputy Prime Minister, could realize a potential £30m gain from Nscale’s planned US stock market flotation, as the company prepares for a listing valued at up to $35bn. Clegg holds over 917,000 shares, representing a 0.12% stake, which would translate to approximately £42m at the proposed valuation—though a prior funding round valued the company at $14.6bn, suggesting his stake could be worth around £18m instead. Sheryl Sandberg, former Meta executive and a board member, holds a 0.25% stake, which could be worth about $88m at $35bn but roughly $37m at the lower $14.6bn valuation, according to recent reports.
Nick Clegg’s Nscale Flotation Could Boost His Portfolio by £30m
UK ex-politician Nick Clegg’s stake in AI datacentre startup Nscale may yield a £30m windfall with its planned US IPO, despite the company’s recent losses and a $14.6bn valuation from a prior funding round.
PA
Priya Anand · Equities & Earnings Desk · 23 Sept 2026 · 04:14 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
PA
Written by
Priya Anand
Equities & Earnings Desk
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
More from Priya Anand →
