Model Fee from Gold Ads Tops 560 Million Won... "British Trump" Farage's Biggest Earnings Came from Side Jobs

Farage of Reform Party UK Receives 560 Million Won from Gold Trading Firm
Earns 46.4 Million Won Per Hour, Surpassing MP Base Salary
Opposition Parties: "Should Focus on Filling Constituents' Pockets"

The largest portion of income declared by Nigel Farage, leader of the right-wing Reform Party UK, after becoming a Member of Parliament, was a model fee of 270,000 pounds (approximately 560 million won) received for appearing in advertisements for a gold trading company.

Nigel Farage, Leader of the Reform Party UK. Reuters and Yonhap News

According to Yonhap News Agency, on June 30, 2026 (local time), the BBC reported that "Farage served as a brand ambassador for the gold trading company 'Direct Bullion' for about four hours a month over three months, and declared this amount to Parliament." This translates to earnings of 22,500 pounds (approximately 46.4 million won) per hour. It was also confirmed that Farage received 91,200 pounds (approximately 190 million won) from the same company in February 2025 and 135,000 pounds (approximately 280 million won) in November 2025.

Additionally, he reported earning 18,402 pounds (approximately 38 million won) as a presenter for the right-wing media outlet GB News. He also declared earning more than 80,000 pounds (approximately 160 million won) through 'Cameo', a website that provides fans with birthday greetings and other messages from celebrities. However, he previously announced that he would stop accepting Cameo requests for security reasons.

Members of the UK Parliament, whose base salary is 98,599 pounds (approximately 200 million won) per year, are allowed to have secondary jobs. However, any income exceeding 300 pounds (approximately 610,000 won) annually must be declared to Parliament, and they are prohibited from serving as parliamentary consultants. Since taking office in July 2024, Farage has declared a total income of 1.3 million pounds (approximately 2.68 billion won). The only current MP with a higher income is former Prime Minister Rishi Sunak, who earned 2.4 million pounds (approximately 4.94 billion won) in advisory roles for companies such as Goldman Sachs and Anthropic. Sunak is expected to donate this income to charity.

The appearance of Peraji CEO in the 'Direct Boolean' advertisement video. YouTube

Meanwhile, Farage is under investigation by the parliamentary ethics committee over allegations that he received 5 million pounds (approximately 10.3 billion won) from a billionaire cryptocurrency investor just before the 2024 general election and failed to declare it. He claims it was a "gift" rather than a political donation.

Labour Party chair Anna Turley criticized Farage, saying, "Farage has the Midas touch when it comes to lining his own pockets rather than doing his job," and added, "He should focus on filling the pockets of his constituents rather than profiting from gold trading." Liberal Democrat deputy leader Daisy Cooper also said, "Farage is fighting for the highest bidder, not for anyone in the UK." In response, a Reform Party spokesperson stated, "As is already known, Farage is a brand ambassador for Direct Bullion." The BBC reported that there is no evidence to suggest Farage has committed any wrongdoing.

Farage is one of Europe's most prominent right-wing politicians, known for his anti-immigration and anti-European integration stance. He supports former U.S. President Donald Trump and 'MAGA' values, and, by advocating for government spending cuts and stricter immigration controls, he is often referred to as the "British Trump."

This content was produced with the assistance of AI translation services.