Nick Clegg, the former leader of the Liberal Democrats and current executive at Meta, is set to see a significant financial gain from the planned initial public offering (IPO) of Nscale. The UK-based datacentre company is reportedly targeting a valuation of up to $35 billion for its upcoming US stock market debut.

According to reports, Clegg holds over 917,000 shares in the company, representing a 0.12% stake. Should the company reach its $35 billion valuation goal, this stake would be worth approximately $42 million, or roughly £30 million. Sheryl Sandberg, the former Meta executive who serves on the Nscale board alongside Clegg, holds a larger 0.25% stake. Her holdings could be valued at approximately $88 million under the same market conditions.

While the figures are based on the company's ambitious valuation targets, the report highlights the intersection of high-profile political figures and the rapidly expanding infrastructure sector supporting artificial intelligence. Neither Clegg nor Sandberg has commented on the specific financial projections regarding their personal holdings as the company moves toward its flotation.