HP Trust

HP Trust is a $10 billion family trust associated with Iranian-born businessman Sasan Ghandehari. Recent news focuses on the trust's connection to Nigel Farage, the leader of Reform UK. Ghandehari's trust funded Farage's £50,000+ trip to Davos, where Farage attended the World Economic Forum and gave speeches. This arrangement has drawn attention because Farage, known for his anti-establishment rhetoric, was hosted and financed by the trust. The details emerged amidst a high court battle involving Ghandehari and a British Virgin Islands firm, exposing the offshore financial structures linked to the trust. The news is significant because it raises questions about transparency and potential conflicts of interest, given Farage's political stance and the source of funding for his Davos appearance.