Published On: Fri, Sep 13th, 2019

Nigel Farage net worth: How much is the Brexit Party leader worth?

Nigel Farage was leader of the UK Independence Party (UKIP) from 2006 to 2009, and 2010 to 2016. He is now an MEP for the party he leads, the Brexit Party. So with over two decades as a Member of the European Parliament under his belt, what is Nigel Farage’s net worth?

What is Nigel Farage’s net worth?

The 2019 data for Mr Farage’s net worth is not known, as the latest figures on Mr Farage’s net worth are from 2017.

However, Spear’s magazine estimated net worth for the Brexiteer stood at £2.4million in 2017.

As an MEP, Nigel Farage will have received a salary since 1999.

According to public records, the monthly pre-tax salary of an MEP is €8,757.70 (£7,811.04) as of July 2018, but its reduced to €6,824.85 (£6,086.08) after EU tax and insurance contributions are made. 

Final salaries then depend on the taxation rules of the MEP’s own country.

According to a Guardian report in May of this year, Mr Farage added nearly £400,000 to a company he is director of.

The publication’s analysis of files submitted to Companies House show Thorn in the Side Ltd had assets of £548,573 for the year to May 2018.

In a candid interview with the Daily Mail, Mr Farage once described himself as “separated and skint”.

In 2017, he said: “There’s no money in politics, particularly doing it the way I’ve done it – 20 years of spending more than you earn.

“I have big expenses – lots of kids to pay for and things like that.”

READ MORE: Jeremy Corbyn net worth: The staggering earnings of the Labour leader

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