The Reform UK leader also has a successful broadcasting career.
The publication of a list of MPs’ registered financial interests has revealed that Nigel Farage is currently the highest paid parliament member.
The former Brexit Party leader won the Clacton seat with a majority of nearly 10,000 in July’s general election, after failing in his seven previous attempts to enter parliament.
The former I’m A Celebrity Get Me Out Of Here runner-up is paid almost £98,000 a month to be a presenter on GB News.
The 60-year-old is paid £97,928.40 a month by the broadcaster, for 32 hours of work.
Earlier this year, Mr Farage cancelled his show – which aired Monday to Thursday each week – to focus on campaigning but following his success in Clacton he returned to the channel as a presenter.
Ofcom has repeatedly found that GB News has breached broadcasting rules on impartiality, which allow politicians to present current affairs programmes but not act as newsreaders.
The media watchdog has previously investigated programmes presented by former Tory MP Sir Jacob Rees-Mogg, as well as former Conservative minister Esther McVey and former backbencher Philip Davies.
Farage had previously presented his own show on LBC from January 2017 to June 2020.
In 2018, he hosted a podcast under the LBC banner entitled Farage Against The Machine – a play on words for the term ‘rage against the machine’ – where he discussed the latest political developments and political news with political figures who Farage both agrees, and disagrees with.
The podcast was cancelled after the American rock music band Rage Against the Machine sent a cease and desist letter to Farage, demanding that Farage change the name of the podcast, which he was unwilling to do, prompting LBC to reluctantly trigger its cancellation.
In addition to his GB News earnings, Mr Farage made £4,000 on Cameo, a platform on which well-known people record personalised videos for paying customers.
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Mr Farage also earns £4,000 a month writing articles for the Daily Telegraph.
The list of MPs’ registered financial interests, which was published on Friday, also revealed that British technology investor Christopher Harborne donated £32,836 to Mr Farage to visit Donald Trump in the US, after the former president had been shot at earlier this year.
The description for this donation states: “To support a friend who was almost killed and to represent Clacton on the world stage.”
