Nigel Farage Net Worth: How the Politician Amassed $4 Million

Nigel Farage Net Worth: How the Politician Amassed $4 Million.

What is Nigel Farage's Net Worth?

Nigel Farage is a British media personality and ex-politician with a net worth of $4 million. He led the UK Independence Party twice, first from 2006 to 2009 and then again from 2010 to 2016, and was at the helm of the Brexit Party from 2019 to 2021. Farage also represented South East England as a Member of the European Parliament from 1999 until the UK left the EU in 2020. On the broadcasting side, he hosted "The Nigel Farage Show" on LBC, a talk radio station, from 2017 to 2020.

Fox News Salary

In 2018, Nigel shared his financial records, revealing that he made about $1 million from media gigs, mostly on Fox News, from 2014 to 2018.

Early Life and Education

Nigel Farage was born on April 3, 1964, in Farnborough, England, to Barbara and stockbroker Guy. His father struggled with alcoholism and left the family in the late 1960s. Farage attended Greenhayes School for Boys in West Wickham and another school in Eden Park before moving on to Dulwich College in south London, where he studied from 1975 to 1982.

Career Beginnings

Farage kicked off his career in the 1980s trading commodities at the London Metal Exchange. He began with the American branch of Drexel Burnham Lambert and later moved to Crédit Lyonnais Rouse. He also worked with Refco and Natixis Metals. On the political front, he joined the Conservative Party but left in 1992 after 14 years, unhappy with Prime Minister John Major's decision to sign the Treaty on European Union.

European Parliament

In 1999, Farage was elected to the European Parliament representing South East England and was reelected in 2004, 2009, and 2014. Throughout his time there, he advocated for the UK's exit from the EU and held the position of president of the Europe of Freedom and Direct Democracy, a Eurosceptic political group.

UK Independence Party

In 2006, Farage took the reins of the UK Independence Party, a rightwing populist group he co-founded back in 1993 after leaving the Conservative Party. He led UKIP during the 2009 European elections, where they snagged the second-largest share of the UK vote. After that, he stepped back to challenge newly elected Speaker John Bercow in Buckingham but ended up in third place. In 2010, following Lord Pearson's resignation, Farage ran for UKIP leadership again and won. By 2013, he guided UKIP to its best performance ever in a UK election, securing 147 council seats.

In the 2014 European elections, UKIP scored 24 seats, outpacing both Labour and the Conservatives. Fast forward to the 2015 general election, UKIP pulled in over 3.8 million votes but only landed one seat. After failing to win in South Thanet, Farage announced he would resign, but that was turned down. He became a prominent figure in the successful Brexit campaign during the 2016 EU membership referendum. After the vote to leave the EU, he stepped down as UKIP leader but stayed on as an MEP until he left the party in late 2018.

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Brexit Party

After his time with UKIP, Farage helped kick off the Brexit Party, a rightwing populist group. In March 2019, he became the new leader after Catherine Blaiklock resigned. A few months later, he led the Brexit Party to a stunning 29-seat win in the European Parliament elections, marking the highest vote share. The UK officially left the EU in early 2020. Later that year, during the COVID-19 pandemic, Farage rebranded the Brexit Party as Reform UK and shifted focus to anti-lockdown efforts. He stepped down as leader in March 2021.

Reform UK

Nigel Farage’s rise to leader of Reform UK is the latest chapter in his long political career, marked by his advocacy for Brexit, Farage continues to champion issues like democratic reform and limiting the power of political elites, aiming to reshape British politics and represent the voice of the people.

International Political Involvement

Outside of the UK, Farage has backed several right-wing populist figures globally. He notably supported Donald Trump in the US, speaking at the Conservative Political Action Conference in 2015 and meeting Trump after the 2016 presidential election. Farage later became a person of interest in the FBI's probe into potential Russian interference in that election. In 2021, he traveled across the US to engage with Republican grassroots groups.

In other parts of the world, Farage has shown support for far-right leaders like Austria's Norbert Hofer, France's Marine Le Pen, and Germany's Beatrix von Storch. He has also remarked that Russia's invasion of Ukraine in 2022 was a result of the EU and NATO's expansion.

Broadcasting Career

Farage had his own talk radio show, "The Nigel Farage Show," on LBC from 2017 to 2020. In 2018, he launched a podcast for LBC titled "Farage Against the Machine," but it was shut down after he received a cease and desist letter from the band Rage Against the Machine, which wanted him to change the podcast's name. In 2021, he joined GB News to host "The Political Correction," a Sunday morning political discussion show, and later took on a weekday evening program. Additionally, Farage has provided commentary for US networks like Fox News and the Fox Business Network.

Personal Life

Farage tied the knot with his first wife, Irish nurse Gráinne Hayes, back in 1988. They welcomed two sons, Samuel and Thomas, but ended up divorcing in 1997. He then married German national Kirsten Mehr in 1999, and they have two kids together. However, in early 2017, Farage announced that he had separated from Mehr.

Farage has had his share of serious accidents. In late 1985, he was struck by a car and spent 11 months in a cast. Then, in 2010, he was involved in a plane crash that left him with a broken sternum and ribs, plus a punctured lung. Interestingly, the pilot of that plane was later charged with making threats against Farage in an unrelated incident.

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Nigel Farage's career has been marked by controversy and setbacks, despite his rise to political prominence. While he played a key role in the Brexit campaign, his leadership has often been divisive, alienating many in the political sphere. His time with UKIP was plagued by internal conflicts, and his departure from the party highlighted ongoing struggles with leadership and unity.

Farage's attempts to continue his influence with the Brexit Party and Reform UK have yielded mixed results, and his personal controversies, including ties to far-right figures, have only further tarnished his reputation. His legacy remains highly contentious.