Trust says Reform UK leader was invited to WEF event by London-based venture capitalist as an honorary adviser

Nigel Farage’s trip to Davos this week was hosted and paid for by the $10bn family trust of an Iranian-born billionaire, the Guardian has learned.

The leader of Reform UK has been touring Davos this week, giving speeches in which he pledged to tax banks and “fight the globalists”.

But in a surprising entry, he is listed on the programme for the World Economic Forum as a member of parliament and a representative of HP Trust, which describes itself as the “family office of Sasan Ghandehari” with a portfolio value in excess of $10bn (£7.4bn).

A representative for the trust said Farage had been invited to Davos by Ghandehari, a venture capitalist, as an honorary and unpaid adviser to his impact investment portfolio focused on philanthropic activities, particularly in the Middle East.