The Reform UK leader raked in the eye-watering sum for just just 12 hours’ work as a brand ambassador for Direct Bullion. Good work if you can get it, eh Nige?
Nigel Farage earned a cool £270,000 by topping up his MP’s salary by flogging gold bullion. The Reform UK leader raked in the eye-watering sum for just just 12 hours’ work as a brand ambassador for Direct Bullion.
That works out at a rate of £22,500 an hour, more than 1,700 times the national living wage of £12.71. It is also nearly eight times what the average person in his constituency of Clacton, Essex, earns in a year.
It is the largest single payment yet for work outside his role as an MP, which comes with a basic salary of just over £98,000 a year.
Farage declared the payment from Direct Bullion in his latest register of financial interests. It is the third time a payment from the precious metals dealer has appeared in his register of interests as he declared £91,200 in February 2025 and £135,000 last November.
The register states the £270,000 was paid to Mr Farage for an estimate of up to four hours work “per month over the course of a three-month period”, promoting the idea for Direct Bullion that people should buy physical gold and put it in their pension pots.
Mr Farage works as a brand ambassador for the company and has registered several other payments from Direct Bullion in the past. According to the veteran politician’s latest register entry, he also earned £18,402 for an estimated six hours of presenting on GB News.
It comes as the former city trader continues to face questions about a £5 million gift he received from Thai-based crypto billionaire Christopher Harborne.
He has previously claimed he did not need to declare the gift, which he was given before he announced he would stand for Parliament in 2024, because it was not related to politics.
But he has given various explanations for the gift, including that it was to pay for his personal security, and that it was a “reward” for campaigning for Brexit throughout his political career.
In a recent round of interviews, Mr Farage insisted the gift was a “wholly private matter”, and refused to say if he had spent any of it on security, or on anything else. Parliament’s standards commissioner is investigating whether he should have registered the gift.
Since becoming an MP in July 2024, the self-styled man of the people has received more than £2million in income and gifts in total.
Labour chair Anna Turley said: “This shows exactly who Farage is. He 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 Mr Farage said: “As has previously been reported and declared, Nigel Farage is a brand ambassador for Direct Bullion.”