“It will ultimately move into a new building in the Cambridge West Innovation District and aims to rival the University of Oxford’s Blavatnik school of government, which opened in 2010 with a £75m donation from the Soviet-born businessman Len Blavatnik.”

“Rokos, who went to a state primary school before being offered a scholarship to Eton college and studying maths at Oxford, said: “I was fortunate to be given the opportunity of an education which transformed my life...””

“According to the university, the new institution is a response to the growing turbulence in domestic and international politics, the growing polarisation of political opinion and long-term structural changes in the economy.”

“Rokos is among the UK’s biggest taxpayers and, according to last year’s Sunday Times rich list, is estimated to be worth £2.6bn.”

“He is known for his role as a bond trader, having started his career at Goldman Sachs and Credit Suisse before co-founding the hedge fund Brevan Howard.”

“He launched Rokos Capital Management (RCM), which employs more than 350 people, in 2015, making a further name for himself in the finance world.”

“He recently made headlines after it emerged RCM was in talks to hire Peter Mandelson, the former ambassador to the US, in an advisory role, but terminated negotiations after the recent Epstein revelations.”