On the surface, you’d think that being born into a royal family would be an impediment to business success. That doesn’t seem to be the case for George Farmer, as the UK businessman has amassed a net worth of $180 million. It’s worth noting, he inherited $70 million from his family.
Early Days
George Farmer was born in London in 1989, and the Farmer family was British royalty. His father is Lord Michael Farmer, who once served as the Conservative Party’s treasurer, and much of the family fortune was based on his father’s expertise in the world of copper.
But that didn’t affect Farmer’s upbringing. Both of his parents had successful careers, and both his work ethic and intelligence came to the forefront right away as he grew up.
Farmer went on to earn a degree in business management, and he used the capital he had from his royal background as seed money to start several ventures.
Business Success
Farmer’s most successful venture was his decision to form the Red Kite group, a copper production company. Given how valuable copper has become, it was a savvy decision to go into the family business. It led to massive success in the company’s first two years.
But Farmer wasn’t satisfied with simply being a copper magnate. He made an unconventional move to get into hedge funds, and his investments there were successful as well.
Farmer also got into real estate, and bought several properties that did well in that market. He definitely has a magical touch when it comes to investing. It seems that his net worth will only climb as time passes.
A Political Shift
As successful as he’s been as a businessman, it was Farmer’s shift into politics that brought him considerable notoriety.
Ironically, it was a marriage that brought Farmer into the political world. He married long-time Trump supporter Candace Owens, a right-wing activist who inspired Farmer to advocate for Trump as the events of his presidency unfolded.
Owens has been ridiculed by many black activists for supporting Trump, but her belief in conservative Republican causes has held fast throughout the marriage. One especially fascinating turn Farmer has taken was his involvement with Parler, an American social media app.
In 2018, Farmer became CEO of the app, which offered microblogging services, and for a time it was strongly associated with Trump supporters, accumulating over 20 million active users.
Trump has since moved on to form his own social media platform, Truth Social. In April 2023, George stepped down as CEO after Parler was acquired by Starboard.
Private Life
Owens and Farmer have started a family as well. She announced her pregnancy in 2020, and gave birth to a baby boy early in 2021. The demands of raising a family don’t seem to have slowed them down politically and Farmer’s business holdings remain healthy.
