Claim de5303f2Checked 21 Jul 2026
TrueOn the truth scale
“Farage’s ambition was to succeed in business.”
Reasoning & Evidence21 Jul 2026
The claim that Farage's ambition was to succeed in business is strongly corroborated by the public record of his life choices and career trajectory. After leaving Dulwich College in 1982, Farage deliberately skipped university to go straight into the City of London as a commodities trader, following in the footsteps of his father (a stockbroker) and brother (a London Metal Exchange broker). He worked at several brokerage firms — Drexel Burnham Lambert, Crédit Lyonnais Rouse, Refco, and Natixis Metals — and even founded his own firm, Farage Futures, in 1994. Biographical sources, including Lord Ashcroft's biography, note that Farage was eager to enter the world of work and specifically chose the City to make money rather than attending university. A school friend, Nick Owen, recalled Farage saying he was going to the City and couldn't believe Owen was "wasting time going to university." While the claim is ultimately about Farage's internal state of mind (his "ambition"), his actions over a roughly two-decade City career provide strong public corroboration that his ambition was indeed to succeed in business.
Sources: Wikipedia — Nigel Farage (https://en.wikipedia.org/wiki/Nigel_Farage); BBC News — "The Nigel Farage story" (https://www.bbc.com/news/uk-politics-36701855); BBC News — "Profile: Nigel Farage, UKIP leader" (https://www.bbc.com/news/uk-politics-20543513); Lord Ashcroft — biography excerpt (https://www.lordashcroft.com/2026/06/theyll-leak-medical-records-tax-records-theyll-bug-his-phone-and-leak-that-why-the-establishment-will-do-anything-to-stop-nigel-farage-becoming-prime-minister/); The Week — "Nigel Farage: what the Brexit Party leader was doing before politics" (https://theweek.com/63016/nigel-farage-what-the-brexit-party-leader-was-doing-before-politics); City AM — "I'm A Celeb star Nigel Farage had failed London firm before politics" (https://www.cityam.com/im-a-celeb-star-nigel-farage-had-city-career-including-failed-brokerage-that-went-insolvent/)
From article
I was fiercely ambitious when I was 18. Fiercely ambitious. And that ambition was to succeed in business and make a lot of money – that was how I thought and how I felt. But I’ve changed, haven’t I, because I’m not pursuing that course any more. In many ways I’ve turned my back on a life of money completely – I mean, much of the last 10 years has been grinding poverty. People laugh at that, but actually if you’re trying to bring up a big family earning half what a GP earns…
Sources opened
| [1] | en.wikipedia.org |
| [2] | thenewworld.co.uk |
| [3] | the-independent.com |
| [4] | lordashcroft.com |
| [5] | bbc.com |
| [6] | bbc.com |
| [7] | cityam.com |
| [8] | bbc.co.uk |
| [9] | inews.co.uk |
| [10] | theweek.com |