Net Worth: $1 Million
Category: Richest Politicians › Presidents
Salary: $192,000 USD (Annual)
Birthdate: December 21, 1977 (47 years old)
Birthplace: Amiens, France
Nationality: French
Profession: Politician, Banker, Civil Servant
Height: 5 ft 9 in (1.75 m)
What is Emmanuel Macron’s Net Worth and Salary?
Emmanuel Macron is a French politician, former investment banker, and economist with a net worth of $1 million. He has served as the President of France since 2017 after defeating far-right candidate Marine Le Pen in the elections. Before entering politics, Macron worked at Rothschild & Cie Banque, where he played a key role in multi-billion-dollar corporate mergers. Despite earning millions at the bank, he reportedly spent much of his wealth before entering public office, leaving him with a relatively modest net worth compared to other world leaders.
As President of France, Macron earns a salary of €182,000 per year ($192,000 USD). He has also declared financial disclosures, revealing that he does not own a car and has minimal personal assets.
During his presidency, Macron has focused on economic reforms, foreign relations, and the European Union’s stability. However, his leadership has also been met with major protests, particularly over his pension reform, tax policies, and labor laws.
Financial Disclosures & Salary
Emmanuel Macron’s Salary as President of France
As the President of France, Macron earns €15,200 per month, which amounts to €182,000 per year ($192,000 USD).
Macron’s Wealth from Rothschild Banking Career
Before entering politics, Macron worked as an investment banker at Rothschild & Cie Banque, where he earned:
- Approximately $5 million between 2009 and 2014.
- A multi-million-dollar commission for helping Nestlé acquire Pfizer’s baby food division for $12 billion.
Despite this significant wealth, Macron disclosed in March 2017 that his personal net worth was barely over $1 million. His wife, Brigitte Macron, owns their home, while his assets included:
- $140,000 in bank accounts
- $65,000 in stock market investments
- A $300,000 book advance
Unlike many other world leaders, Macron has no substantial real estate holdings or luxury assets.
Early Life and Education
Emmanuel Macron was born on December 21, 1977, in Amiens, France, into an affluent family. His father, Jean-Michel Macron, was a neurology professor, and his mother, Françoise Macron, was a physician. He has two younger siblings, Laurent and Estelle.
Education
Macron was a gifted student and attended elite schools:
- Lycée la Providence (Amiens) – A private Catholic school
- Lycée Henri-IV (Paris) – France’s most prestigious high school
- Paris Nanterre University – Studied philosophy
- Sciences Po Paris – Earned a Master’s in Public Affairs
- École Nationale d’Administration (ENA) – Graduated in 2004, training for France’s elite civil service
Interestingly, Macron twice failed to gain admission to the prestigious École normale supérieure (ENS) before entering ENA.
Banking Career & Financial Success
Macron’s Early Career in Public Service (2004–2008)
After graduating from ENA in 2004, Macron began his career as a civil servant in France’s Ministry of Finance. However, he became disillusioned with politics after Nicolas Sarkozy’s election in 2007. In 2008, he paid €50,000 ($55,000 USD) to buy out his government contract, allowing him to move into the private sector.
Macron’s Investment Banking Career (2008–2012)
In 2008, Macron joined Rothschild & Cie Banque, where he quickly rose to prominence.
- By 2010, he was promoted to Managing Director.
- He secured a major $12 billion Nestlé-Pfizer deal, earning him a multi-million-dollar commission.
- By 2012, he had become a partner at the bank.
Macron’s financial success at Rothschild’s made him a multi-millionaire before he turned 35. However, he later claimed that he had spent much of his wealth before becoming President.
Political Career
Entry into Politics (2012–2016)
- 2012 – Macron was appointed Deputy Secretary-General of the Élysée Palace under President François Hollande.
- 2014 – Became Minister of Economics, Industry, and Digital Affairs.
- 2015 – Introduced the “Macron Law”, a pro-business reform that aimed to boost the French economy.
Formation of En Marche & Presidential Run (2016–2017)
- In 2016, Macron resigned from the government and founded the centrist political movement En Marche.
- In 2017, he announced his candidacy for the French presidency.
Election as President (2017-Present)
Macron ran as a liberal centrist, promoting economic reform, modernization, and pro-European policies.
- 2017 – Defeated Marine Le Pen with 66.1% of the vote, becoming France’s youngest President at age 39.
- 2022 – Won re-election, once again defeating Marine Le Pen.
Presidency & Major Policies
Economic & Social Reforms
- Implemented corporate tax cuts and pension reforms.
- Introduced a federal carbon tax and transitioned to renewable energy.
- Lowered France’s budget deficit and pushed for free-market policies.
Challenges & Controversies
Macron faced major protests due to his labor and tax policies:
- Yellow Vest Protests (2018–2019) – Mass protests against fuel tax increases and economic inequality.
- Pension Reform Strikes (2019–2020) – His proposal to reform France’s pension system led to massive strikes.
COVID-19 & Foreign Policy
- Managed France’s COVID-19 response, including an effective vaccine rollout.
- Supported Ukraine against Russia’s invasion in 2022.
- Strengthened the European Union, advocating for closer ties with Germany and Italy.
Personal Life
Marriage to Brigitte Macron
In 2007, Macron married Brigitte Trogneux, who was his former high school teacher.
- They first met when Macron was 15 and she was 39.
- They started dating when he turned 18, despite his parents’ objections.
- Brigitte has three children from a previous marriage.
Hobbies & Interests
- Plays piano – Studied for 10 years at the Amiens Conservatory.
- Enjoys skiing, boxing, and tennis.
- Huge football (soccer) fan – Supports Olympique de Marseille.
- Attended both the 2018 and 2022 FIFA World Cup Finals.
Conclusion: Emmanuel Macron’s Legacy & Wealth
Emmanuel Macron remains one of the most influential European leaders of the 21st century.
- Supporters credit him for modernizing France’s economy and strengthening the EU.
- Critics argue that his pro-business policies favor corporations over the working class.
Despite earning millions at Rothschild & Cie, Macron has a modest net worth of just $1 million, making him one of the least wealthy world leaders.
How Does Macron Compare to Other World Leaders?
Leader | Net Worth |
---|---|
Meles Zenawi | $3 Billion |
Vicente Fox | $10 Million |
Justin Trudeau | $5 Million |
Emmanuel Macron | $1 Million |
Macron ranks among the lowest in wealth compared to other world leaders, highlighting his transition from investment banker to public servant.