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Christopher Harborne, tycoon who gave £5m to Farage, enters UK rich list at No 6

Christopher Harborne, tycoon who gave £5m to Farage, enters UK rich list at No 6

Summary

Christopher Harborne, a crypto billionaire, has entered the UK’s richest people list for the first time, ranking sixth with an estimated fortune of £18.17 billion. The 2024 Sunday Times Rich List also featured other new billionaires and detailed investigations into donations to politician Nigel Farage.

Key Facts

  • Christopher Harborne gave Nigel Farage £5 million weeks before Farage announced his 2024 election candidacy.
  • Harborne is ranked as the sixth-richest UK billionaire and the wealthiest British-born person on the list.
  • The Sunday Times Rich List ranks the 350 wealthiest UK residents and Britons living abroad.
  • Several new billionaires made the list, including the Beckhams, who are the first billionaire sportspeople in the UK.
  • Farage initially said the money was for personal security but later called it a “reward” for campaigning for Brexit.
  • A parliamentary watchdog is investigating whether Farage should have declared the £5 million gift under rules for gifts received before entering parliament.
  • The total wealth of the UK’s 350 richest people rose by 1.4% to £784 billion, with 157 billionaires currently on the list.
  • Many foreign billionaires living in the UK have left, while more British billionaires now live in places like Dubai, Switzerland, and Monaco.
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