by Last year, Nigel Farage made news when a private bank closed his account.
Farage got a report from the bank that said his political views were taken into account when his Coutts account was closed.
The argument got worse, and Dame Alison Rose, CEO of NatWest Group, quit because she said she had made a “serious error of judgment” by talking to a BBC reporter about Farage’s Coutts account.
Because of his political business, Farage’s wealth became more clear this year. How much money does Nigel Farage have? Find out what follows.
Contents
Early Years and School
Nick Farage was born in Farnborough, England, on April 3, 1964. His parents were Barbara and Guy, who worked as a banker. His drunk father left the family home in the late 1960s. It was in West Wickham that Farage went to school.
He also went to a school in Eden Park, which is close by. He went to Dulwich College in south London from 1975 to 1982.
Starting a Career
It was at the London Metal Exchange in the 1980s that Farage got his first big job, selling goods. He first worked for Drexel Burnham Lambert in the American commodities business before moving on to Crédit Lyonnais Rouse. In the future, Farage will work for Refco and Natixis Metals.
In the meantime, he joined the Conservative Party. He left that party in 1992 because he didn’t agree with whether or not Prime Minister John Major should sign the Treaty on European Union.
Parliament of Europe
Farage was first elected to the European Parliament from South East England in 1999. He was then re-elected in 2004, 2009, and 2014. He pushed for the UK to leave the EU and was president of the Euroskeptic political group Europe of Freedom and Direct Democracy while he was in office.
Independence Party of the UK
Farage was elected as head of the right-wing populist UK Independence Party in 2006. He had helped start the party in 1993 after leaving the Conservative Party. He then led UKIP to a second-place finish in the UK general election for the European Parliament in 2009.
He then stepped down to focus on running against John Bercow for Speaker of the House of Commons in the Buckingham seat. Farage lost the election in the end and came in third. So, after Lord Pearson quit as leader of UKIP in 2010, he ran for leadership again and won. Farage led UKIP to its best-ever showing in a UK election in 2013 when it won 147 council seats.
There were European elections in 2014, and UKIP got 24 seats. That was more than either the Labour Party or the Conservative Party. When it came to the 2015 general election, UKIP got more than 3.8 million votes, but they only got one place.
Read more: Meet Justin Billingsley: Connecticut’s Visionary Leader
If he failed to win the South Thanet seat, Farage tendered his retirement; however, it was turned down. He later became one of the most important people in the successful Leave movement in the 2016 EU referendum. Farage quit as head of UKIP after the vote to leave the EU, but he stayed as an MEP. In late 2018, he quit UKIP.
Party for Brexit
Farage left UKIP and joined the right-wing populist Brexit Party, which he helped to start. During the month of March 2019, he was named leader after Catherine Blaiklock quit as leader. After a few months, Farage led the Brexit Party to a 29-seat win in the European Parliament election, which gave them the most votes.
Because of this, the UK left the EU in early 2020. Later that year, when the COVID-19 pandemic was at its worst, Farage changed the name of the Brexit Party to Reform UK and focused on fighting against lockdowns. He gave up his job as boss in March 2021.
Getting involved in international politics
Farage has backed right-wing political leaders in other countries besides the UK. He has notably backed Donald Trump in the US, where he spoke at the Conservative Political Action Conference in 2015 and met with Trump after the 2016 election.
Later, Farage was added to the FBI’s list of people they are interested in as part of their investigation into possible Russian meddling in the election. He went on a tour of the US in 2021 to speak to Republican grassroots groups.
Farage has backed far-right leaders in other parts of the world, like Norbert Hofer in Austria, Marine Le Pen in France, and Beatrix von Storch in Germany. Besides that, he has said that Russia’s attack of Ukraine in 2022 was caused by the EU and NATO’s growth.
Career in Broadcasting
“The Nigel Farage Show,” Farage’s talk radio show on LBC from 2017 to 2020, was his job as a politician. In 2018, he was the host of a show on LBC called “Farage Against the Machine.” The show was canceled after Rage Against the Machine, a rock band, sent Farage a letter telling him to stop and asked him to change the name of the podcast.
Farage became the host of the political talk show “The Political Correction” on the British news station GB News in 2021. Later, he started hosting its evening show during the week. Farage has done a lot of work in television, including commenting for Fox News and the Fox Business Network in the US.
How much money does Nigel Farage have?
Nigel Farage is a British radio host and former politician who is worth £3.2 million.
From 2006 to 2009 and again from 2010 to 2016, Nigel Farage was the leader of the UK Independence Party. From 2019 to 2021, he was the leader of the Brexit Party.
He was also a member of the European Parliament for South East England from 1999 until 2020, when the UK will leave the EU. From 2017 to 2020, he was the host of “The Nigel Farage Show” on the talk radio station LBC.
Fox News Pay
In 2018, Nigel made public his finances, which showed that he had made about $1 million from media interviews, mostly on Fox News from 2014 to 2018.
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 €8,757.70 (£7,811.04) as of July 2018 but was reduced to €6,824.85 (£6,086.08) after EU tax and insurance contributions were made.
Private Life
In 1988, Farage married Gráinne Hayes, an Irish nurse. Before they split up in 1997, they had two boys, Samuel and Thomas. After that, Farage married Kirsten Mehr, who is German, in 1999. They have two children together. Early in 2017, Farage said that he and Mehr were no longer together.
Farage has been in some very bad luck. He was hit by a car in late 1985 and had to wear a cast for 11 months. Later, in 2010, he was in a plane crash that broke his chest, ribs, and lungs. In the end, the plane’s pilot was charged with making a death threat against Farage in a different case.
Conclusion
Nigel Farage’s net worth is a testament to his ability to leverage his political influence and public profile into financial success. From his early days in the financial sector to his role as a leading Brexit campaigner and media personality, Farage has built a multifaceted financial portfolio.
While he remains a polarizing figure in British politics, there is no denying his impact on the political landscape and his adeptness at capitalizing on his prominence.
