Discussions underway for a substantial monetary contribution, worth millions, from a U.S. benefactor, to Nigel Farage's political party, excluding tech mogul Elon Musk.
British Politics May Experience a Shift with Prospective Seven-Figure Donation to Nigel Farage's Reform Party
Sources close to the Reform Party have revealed that the party is in advanced talks to receive a substantial donation, potentially amounting to seven figures. This potential financial boost could be a game-changer for British politics, as it could provide a significant boost to the party's campaign.
Although Tesla tycoon Elon Musk had previously hinted at contributing a substantial sum to Nigel Farage, such a donation never materialized following a disagreement between the two men. Instead, the identity of the American donor remains undisclosed, with party officials keeping details under wraps.
Insiders have suggested that if the donation is secured, it could significantly accelerate the Reform Party's journey toward political prominence. One source stated, "If they manage to secure the funds, it could be a real gamechanger and provide even more momentum to their campaign."
Another source close to the party mentioned the presence of a possible donor, but declined to provide further details. The Reform Party has risen to the top of polls, and Labour leader Sir Keir Starmer has identified them as his primary rivals for power.
The PM recently urged Labour MPs to prevent Nigel Farage from reaching No. 10, expressing a sense of moral responsibility in this regard. This development comes on the heels of a cosy lunch between Tory heavyweight Robert Jenrick and ex-Reform MP Rupert Lowe, at an exclusive Mayfair private members club.
The Reform Party's funding has attracted several high-profile donors in recent times. Unconfirmed reports suggest that the key seven-figure donor is billionaire property magnate Nick Candy, who was appointed the party's treasurer in December 2024. Candy has pledged a substantial sum to Reform UK shortly after leaving the Conservative Party.
Other significant donors include Lebanese-heritage tech mogul Bassim Haidar, who has contributed over £700,000 to the Conservatives and pledged a £1 million to Reform UK. JCB boss Anthony Bamford, a former Tory super-donor, has also provided support for Reform UK, while Jeremy Hosking, a former Conservative backer, donated £200,000 to Farage's Brexit Party, an earlier incarnation of Reform UK.
While the Reform Party initially relied on smaller donations under £500, it has since attracted millions from wealthy former Conservative donors. If the prospective donation comes through, it could shape the political landscape of Britain significantly. The Reform Party has yet to comment on the matter, beyond confirming that they have not received a seven-figure donation from an American donor "so far".
The prospective seven-figure donation to Nigel Farage's Reform Party could have a significant impact on British politics, potentially influencing the party's campaign and accelerating its journey towards political prominence. Intriguingly, the identity of the American donor remains undisclosed, raising questions about the funding sources of the Reform Party.
