This article is more than 1 year old

This article is more than 1 year old

George Osborne has added a ninth job to his already bulging portfolio, joining his brother’s Silicon Valley venture capital fund.

The former chancellor and current editor of London’s Evening Standard newspaper has been appointed as an adviser to 9Yards Capital.

Osborne’s brother, Theo, is a founding partner at the firm, which is based in the San Francisco Bay area. It specialises in “multi-stage venture capital” and “long-term, patient and strategic capital”.

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Osborne has taken on a host of jobs since leaving parliament in May 2017, after declining to stand again as an MP in the general election. Theresa May sacked him as chancellor after she was appointed Conservative party leader following the EU referendum in 2016.

Alongside editing the Evening Standard since March 2017, Osborne is also an adviser to the world’s largest investment firm, Blackrock, an adviser to Exor, the Italian holding company which owns Juventus and stakes in Fiat Chrysler and Ferrari, and chair of the Northern Powerhouse Partnership, a thinktank.

Osborne has been well remunerated for his time, earning £650,000 a year for the Blackrock role, and hundreds of thousands of pounds for speeches since leaving government.

He is also a fellow at the McCain Institute, a US thinktank founded by John McCain, the late Republican senator. In academia, Osborne is an honorary professor at the University of Manchester and has two roles at Stanford University in California.

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Osborne was chancellor from the general election in 2010 under then prime minister David Cameron. He served as MP for the Tatton constituency near Manchester from 2001. His new role at 9yards was reported by the Financial Times on Friday.

Theo Osborne is well known in the early-stage investment community. He is a founder of the London-based venture capital firm Force Over Mass Capital, and is still listed as head of strategic relationships on the company’s website.