Tether Billionaire Christopher Harborne Enters UK’s Richest People List
Christopher Harborne entered the Sunday Times Rich List in sixth place, as Parliament opened a probe into Farage.
- Christopher Harborne debuted sixth on the Sunday Times Rich List 2026 with an estimated £18.2bn fortune, largely tied to his Tether stake.
- The Parliamentary Standards Commissioner opened a formal inquiry into whether Farage should have declared Harborne’s £5m personal gift before the 2024 election.
- Harborne has donated over £22m to Reform UK in total, including a £9m contribution that set a record for British political donations.
The Sunday Times Rich List 2026, published on May 15, placed Christopher Harborne sixth among Britain’s wealthiest individuals. His estimated £18.2bn fortune derives primarily from a 12% stake in stablecoin issuer Tether, which carries an estimated valuation of approximately $200bn.
Harborne, who has lived in Thailand for more than 20 years and holds Thai citizenship under the name Chakrit Sakunkrit, is described as the wealthiest British-born person on the 2026 list. The ranking makes him wealthier than the rest of Yorkshire’s top 10 combined.
The publication of his wealth coincided with the opening of a parliamentary standards investigation. On May 15, the Parliamentary Standards Commissioner formally launched a Rule 5 inquiry into whether Farage breached the Commons Code of Conduct by failing to register a £5m gift received from Harborne in early 2024.
Farage has described the payment as an unconditional personal gift to fund his security and said there is “no case to answer.” He also claimed the money was “a reward for campaigning for Brexit for 27 years.” The property purchase of approximately £1.4m he made shortly after receiving the gift had previously drawn separate scrutiny.
Harborne’s donations and Reform UK’s crypto ties
As crypto.news reported when the inquiry was announced, Harborne has given more than £22m to Reform UK since its founding. His £9m donation in August 2025 was described at the time as the largest single political donation from a living individual in British history. Reform UK was the first Westminster party to publicly accept crypto donations.
The scrutiny around Harborne’s financial ties to Farage extends beyond the parliamentary probe. In April, the Liberal Democrats asked the Financial Conduct Authority to examine Farage’s links to Bitcoin treasury firm Stack BTC, after he appeared in promotional material while holding a 6.31% stake.
Crypto.news tracked the property story as it developed, and earlier crypto.news reported on the FCA referral in full. If the standards commissioner finds a breach, sanctions could range from a formal apology to a Commons suspension and a potential by-election in Clacton.
