Emmanuel Macron, the President of France, is a man who has captured the attention of people all around the world. From his meteoric rise in politics to his dynamic leadership style, there’s no denying that he’s an impressive figure. But what many don’t know is how he managed to amass a fortune estimated at over $31 million before even becoming president. In this blog post, we’ll take a closer look at Emmanuel Macron’s journey from banker to president and explore how he built up such a substantial wealth along the way. Get ready for some surprising insights!
Macron’s Early Life
Emmanuel Macron was born on April 7, 1977 in Amiens, France. He is the youngest of four children and grew up in a middle-class family. His father was a bank executive and his mother was a teacher. Macron attended the prestigious Institut Saint-Exupéry high school in Amiens before studying law at the University of Paris. After completing his law degree, he worked as an associate lawyer before joining the Rothschild banking firm in 2004.
Macron’s career within the banking industry was successful and he quickly rose through the ranks. In 2007, he became an investment banker with Rothschild where he worked on a range of projects including investments in renewable energy and digital companies. In 2012, Macron left Rothschild to become head of strategy for French telecommunications company SFR.
It was during his time at SFR that Macron developed his political convictions and began to explore opportunities for entering politics. In 2014, he announced that he would be running for office as a candidate for the French Socialist Party (PS). He won election to the French National Assembly in May of that year and served as Vice President of the legislative body until November 2017 when he was elected President of France by 50% of voters.
|Net Worth:||$76 Million|
|Monthly Income:||$4,50,000 +|
|Date of Birth:||December 21, 1977|
|Weight:||73 Kg or 161 lbs|
|Profession:||President of France|
Macron’s Career in Banking
Emmanuel Macron has a long and successful career in banking. He started out as a banker at Rothschild & Cie in Paris, where he worked his way up the ranks. Macron then moved to head up two banks, Societe Generale and BNP Paribas, before becoming the Minister of Economy and Finance in 2014. In this role, Macron was responsible for economic policy and deregulation. He also played a major role in reforming the French economy. After leaving government, Macron founded his own political party, En Marche! (On The Move!), which he subsequently ran for President in 2017.
Macron’s career in banking has given him a strong understanding of how the economy works. This knowledge is evident in his policies as President, which are focused on creating jobs and stimulating economic growth. Macron has also been critical of France’s high taxes and regulations, which he believes are stifling business growth. Under Macron’s leadership, France has reduced its corporate tax rate from 33% to 25%. Additionally, Macron has initiated a number of other measures aimed at boosting business activity, including reducing red tape and simplifying the tax system. These reforms have been instrumental in driving growth across many sectors of the French economy.
Macron’s success as a banker makes him well-equipped to lead France through difficult times. He understands how to create incentives for businesses to invest and grow, while at the same time managing public finances carefully so that France does not become indebted burdensome to its
Macron’s Political Career
Emmanuel Macron’s political career began with a successful banking career. After working as a banker for several years, Macron became the head of the financial regulator for the city of Paris in 2007. In 2011, he was elected to the French National Assembly as a member of the Socialist Party. Two years later, he was appointed Minister of Economy and Finance by President François Hollande. In 2016, Macron announced his candidacy for President of France and won against Marine Le Pen in a landslide victory. Since taking office, Macron has focused on reforming France’s economy and government, as well as increasing international engagement.
Macron’s Presidential Election Victory
On Sunday night, Emmanuel Macron was declared the winner of the French Presidential Election, with over 66% of the vote. Macron is a former banker who has never held political office before, and his victory comes as a surprise to many.
Macron’s estimated net worth is $2.2 billion, largely thanks to his work at Rothschild & Cie Banque. After leaving the bank in 2014, he founded his own political movement, En Marche! (Forward!), which quickly became France’s largest party. In April 2017, he was appointed Minister of Economy and Finance by President Macron.
In terms of personal wealth, Macron’s victory will likely mean more tax breaks for wealthy citizens in France. He has pledged to increase taxes on high incomes and reduce them on low incomes, an idea that may be unpopular with some but could help address France’s widening wealth gap.
Macron’s First Year as President
In his first year as president, Emmanuel Macron has made strides in both domestic and foreign policy. In terms of domestic policy, Macron has pushed for reform of the French labor market and public education system. Additionally, he has pledged to reduce taxes for businesses and the wealthy, while also increasing spending on social welfare programs.
On the international front, Macron has pursued a strategy of engagement with Europe and NATO. He has also worked to improve ties with key U.S. allies, such as Germany and Britain. Macron’s policies have been met with mixed reactions from the public; some are supportive of his efforts to modernize France while others remain skeptical of his motives. However, regardless of public opinion, Macron’s first year in office has demonstrated that he is a capable leader who is capable of making significant changes in France.