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Home Business NewsHow rich is Nigel Farage?

How rich is Nigel Farage?

by LLB Editor
26th Jun 24 10:05 am

Nigel Farage made headlines last year when a private bank shut his account.

Farage obtained a report from the bank which indicated his political views were considered as a factor in his Coutts account closure.

The row escalated and led to Dame Alison Rose, chief executive of NatWest Group, quitting after saying she had made a “serious error of judgment” in speaking to a BBC journalist about Farage’s Coutts account.

Farageโ€™s wealth came into sharper focus this year, thanks to his political empire. So how rich is Nigel Farage? Read on to find out:

Net worth

Farage is known to be worth ยฃ3.2million.

Properties

Farage is a property millionaire. The former Brexit Party leader lives in Downe, within the London Borough of Bromley. He reportedly lives in a family home in this charming village, which is nestled amidst countryside where houses cost over ยฃ600,000.

In December, he reportedly bought a four-bed property in Lydd-on-Sea for half a million pounds.

Iโ€™m a Celebrity appearance

Farage finished third in the reality TV show Iโ€™m a Celebrity โ€ฆ Get Me Out of Here and got paid ยฃ1.5 million to appear on the show where he battled snakes among other tasks.

In the final episode he joked: โ€œIโ€™m now a remainer โ€“ a camp remainer that is. Iโ€™m absolutely thrilled to be one of the last three.โ€

Asked why he took part in the show this year, having been asked before, he said: โ€œI had time to do it and Iโ€™m 60 next birthday and going to reach an age where you canโ€™t do it.

โ€œThis is very physical, bringing buckets of water, doing the challenges, so now was the right time to do it and Iโ€™m very pleased I did. I did my best to show no fear at all in the challenges.โ€

Media appearances

Farage earned around $1million (ยฃ802k) from media appearances, largely on Fox News, between 2014 and 2018.

He also hosted The Nigel Farage Show on LBC from 2017 until 2020, and has fronted a show on GB News since June 2021.

Salary as an MEP

Farage has received a salary since 1999 as an MEP, making him five figures every year. According to public records, the monthly pre-tax salary of an MEP was โ‚ฌ8,757.70 (ยฃ7,811.04) as of July 2018, but was reduced to โ‚ฌ6,824.85 (ยฃ6,086.08) after EU tax and insurance contributions were made.

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