British crypto billionaire Ben Delo has donated over £30 million to Nigel Farage’s Reform UK in the single largest donation to a British political party ever.
| PULSE POINTS |
❓ WHAT HAPPENED: Nigel Farage’s Reform UK has received the largest ever donation to a British political party. 📺 DETAIL: On Friday, it was reported that Ben Delo, a British cryptocurrency entrepreneur, donated £36 million (~$48.7 million) to Nigel Farage’s Reform UK party. The amount donated by Delo is worth £1 million ($1.3 million) per month to Reform UK until the next general election, which is scheduled for August 2029. “Labour and the Conservatives have occupied the commanding heights of British politics for a combined total of more than 300 years. Reform UK has been around for less than eight. One of the reasons why the old parties have lasted so long is that they have made it very expensive to challenge them,” wrote Delo in an op-ed in The Telegraph explaining the donation. The amount donated by Delo breaks the previous record of £10 million (~$13.5 million), which was left to Olukemi “Kemi” Badenoch’s nominally Conservative Party as a bequest. Meanwhile, the ruling Labour Party receives millions every year from the country’s trade unions. “I am honoured and humbled that Ben Delo has shown such confidence in Reform. Ben knows that we are the only party that can turn the country around and reverse Britain’s rapid decline,” said Farage in response to the donation. 💬 KEY QUOTE: “I believe it is the duty of people with broad shoulders and deep pockets to step up and help Reform to win and govern, rather than allow the British people to be trapped in the political monoculture that is driving this country off a cliff. Labour and the Conservatives have built vast infrastructures using hundreds of millions of pounds. They have entrenched advantages that Reform cannot hope to match.” – Ben Delo. 🎯 IMPACT: This follows a cap imposed by the Labour-controlled government on party donations worth over £100,000 (~$135,000) from foreign-based Britons. The cap is widely viewed as an attempt by the British government to cut off Reform’s financial support, as Delo was based in Hong Kong until recently and Harborne is currently based in Thailand. The cap followed a collapse in donations to Labour and the Conservatives, Britain’s two main establishment parties. In early August, figures showed that the Labour Party secured £6.4m (~$8.6m) in donations over the course of 2025, while the Conservatives received £15.2m (~$20.5m) over the same period, an 84 percent drop and a 47 percent drop, respectively. As a result of this donation, Reform has raised five times as much as the Conservatives and roughly six times as much as Labour. Specifically, during the first half of 2026, Reform raised £14.9 million (~$20.1 million), whereas the Conservatives raised £10.2 million (~$13.7 million) and Labour raised £7.7 million (~$10.4 million). |
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