For many, 40 happens to be the average age to start a successful business. But surprisingly, more people under the age have become influential tycoons, proving that age is just a number and you can earn a lot of money before middle age too. Well, we can, at last, say this for businessman George Farmer, who enjoys an impressive net worth.
So, who is George Farmer, and what is his net worth? Know everything about the London-based entrepreneur.
Who is George Farmer?
George Farmer is an Oxford University graduate, a hedge fund employee, and also the current CEO of Parler. Farmer was born in London, United Kingdom, on the 15th of December, 1989, in the royal Farmer family of Britain, which heavily influenced his upbringing.
Growing up, Farmer was always surrounded by all sorts of business tactics like his father, Michael Farmer. Over the years, George assisted his father in several works while assuring he was able to grow a career of his own. Being the oldest of all siblings, he was always responsible in terms of house-related matters and business affairs with his parents.
Despite his upbringing in a silver spoon, Farmer always displayed immense intelligence and determination to do something on his own.
George Farmer’s Career Highlights
George Farmer graduated with a degree in theology and also received a degree in Business Management. Owing to his already wealthy standing, George did not enter a traditional career role. On the contrary, he used whatever capital he was allowed alongside his skills and knowledge obtained in business school to start multiple projects and businesses under his name.
Previously the chairman of Turning Point UK, George is also an ex-Bullingdon Club member. To talk about the more accomplishments under his name, Farmer became one of the youngest members of the Leader’s Group in 2016. But the biggest highlight of his career is his political involvement with former President Donald Trump’s campaign during both presidential elections. After exchanging rings with long-term Trump supporter, Candace Owens, Farmer, too, became adamant and vocal about the Republican nominee.
What is George Farmer’s Net Worth?
It should not surprise you to learn that George Farmer owns an estimated net worth of $180 million as of 2023.
Yes, you heard that right.
Thanks to his flourishing multiple businesses and political involvement with his wife, Farmer has successfully earned himself a handsome amount of wealth, and there is no stopping for him. Today, he is renowned as a well-known businessman under 40 with a hedge fund managerial background and an ex-chairman of Turning Point UK.
George’s wife, Candace Owens, is a staunch right-wing supporter and political commentator who boasts an impressive net worth of $1 million.
How Did George Farmer Build a Huge Business Empire?
The most lucrative business on George Farmer’s part has been that of the Red Kite Group. With the help of additional partners, Farmer began the Red Kite Group, a copper production company that sought to serve niche problems in the market. Farmer led the company to massive success within two years of its operation.
In 2006, the company expanded from copper production to an even more lucrative industry – hedge fund investments. The new vision, too, brought great success. Today, the company successfully trades future contracts of copper in the market with the help of its superior industry knowledge.
The self-made millionaire then chaired Turning Point UK and the Bullingdon Boy Club at the University. As per reports, the club has existed for more than two centuries. In 2018, he succeeded the interim head, Mark Meckler, to become the CEO of an American social media app called Parler.
Parler offers microblogging services for all users in America. According to a few reports, the app attracted over 20 million active users, primarily associated with former POTUS supporters. Most of the features of Parler are similar to Twitter.
George Farmer’s Involvement in Politics
Besides running successful multiple businesses, George Farmer has involvement in politics too. He became part of the 2016 Leader’s Group, making him the youngest member. The club donates not more than 50,000 pounds annually to reach the Prime Minister. Farmer is popularly known as an anti-EU believer and once described it as a “toxic, socialist, and genocidal superstate”. He was honored to chair the Tories’ Black and White Ball for the Conservative Party in 2018 and backs Brexit Political Party.
What is George Farmer’s Wife’s Political Background?
Candace is known for her active involvement in politics and as a strong supporter of Donald Trump. Time and again, she has been the subject of ridicule, including from the Democratic Party as well as The Black Lives Matter campaign. However, that hasn’t deterred her from rallying support from minorities for Trump.
In 2018, Ownes began a Blexit movement, a social media campaign, targeting marginalized communities such as Afro-Americans, Latinas, and others. Her message was simple – to ditch the Democrats for the Republicans.
Is Farmer Selling Parler to Kanye West?
Reportedly, the news of George Farmer selling his company to Kanye West buzzed the internet a few months ago.
On the 17th of October, 2022, it was confirmed that the company had entered into an agreement to sell Parler to Ye. It came after the rapper was banned from other social media platforms like Instagram and Twitter.
While there is time for the deal to be officially signed, it is close to getting finalized. In a PR statement, Ye stated, “In a world where conservative opinions are considered to be controversial, we have to make sure we have the right to freely express ourselves.”
Farmer also had something to say:
“This deal will change the world, and change the way the world thinks about free speech. Ye is making a groundbreaking move into the free speech media space and will never have to fear for being removed from social media again. Once again, Ye proves that he is one step ahead of the legacy media narrative. Parlement will be honored to help him achieve his goals.”