Nigel Farage made more than a quarter of a million pounds for just four hours’ work a month promoting gold bullion, according to a new financial declaration.
The Reform leader works as a brand ambassador for Direct Bullion, and the gig has proven to be one of his most lucrative sources of income.
His latest declaration – £270,000 for working 12 hours over three months – is his largest single payday yet for work outside his role as an MP.
The register of financial interests also shows he earned £18,402 for an estimated six hours of presenting his show on GB News – working out to more than £3,000 an hour.
There is one notable absence from his entry in the register, though, with no new declarations of earnings from the video recording site Cameo.
Farage has made almost £90,000 on the platform, which lets members of the public request clips from celebrities, in the past year.
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But he stopped using it earlier this year, following controversy over a number of videos he had made – including one that was used by a far-right group to promote one of their events.
Farages only new declarations in the latest register are from GB News and Direct Bullion.
Labour Party chair Anna Turley said the gold promotion earnings show Farage ‘pretends to be on the side of ordinary working people but in truth he’s just in it for himself and will sell his time to the highest bidder’.
A spokesman for Farage said: ‘As has previously been reported and declared, Nigel Farage is a brand ambassador for Direct Bullion.’
Farage continues to face pressure over a £5,000,000 ‘gift’ from crypto billionaire Christopher Harborne in January 2024, before he returned as Reform leader and was voted in as an MP that summer.
The parliamentary standards watchdog is investigating whether the Clacton MP should have declared the money – a requirement if it was related to his political activity.
Farage has changed his explanation for why he was given the £5 million, initially claiming it was for security before saying it was a ‘reward’ for his years of campaigning for Brexit.
In several tense TV interviews earlier this month, he refused to say whether he had spent any of the money on security, housing, or anything else.
He told BBC Breakfast: ‘Let’s be clear, it’s an unconditional gift. I can spend it on cars if I want to. It’s entirely up to me, right.’
Harborne also funded Farage’s £29,000 flight to the Maldives earlier this year for a visit to the Chagos Islands.
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