the government, richer than in 2017, has 19 millionaires

by time news

The presence of many millionaires in the first governments of Emmanuel Macron caused a lot of ink to flow in 2017. Five years later, the trend has only increased: the government of Elisabeth Borne has no less 19 millionaires out of 41 members, as revealed by government declarations of interests and assets released on Thursday 1is December by the High Authority for Transparency in Public Life (HATVP).

According to the calculations of Monde, the ministers of the Borne government have an average net worth of 1.9 million euros – 1.5 million euros after deducting debts. This places them, for the most part, in the top 10% of French people, and above the average of the government of Edouard Philippe (2017).

Riester is the wealthiest, Dupond-Moretti has the biggest income

The wealthiest member of the current government is, by far, Franck Riester, minister delegate in charge of relations with parliament, aged 48, who holds nearly 11 million euros in assets. At the other end of the spectrum, Charlotte Caubel, the 50-year-old Secretary of State for Children, has less than 30,000 euros.

The financial situation of ministers

Assets and income of ministers, according to their personal declarations to the High Authority for the Transparency of Public Life (HATVP).

Select a resource type:

Sums rounded up to the nearest euro. The ministers did not always fill in essential details (gross or net resources, before or after taxes). In the absence of precision, we interpret the sums, by default, as a net value of the income declared before taxes.

The income accumulated by Elisabeth Borne and her ministers over the past five years also places them well above the standard of living of the French, with an average of more than 11,000 euros per month, or 135,000 euros per year (net). .

At the head, the Minister of Justice Eric Dupond-Moretti has a total of more than 3 million euros in remuneration in five years, in particular in the period preceding his entry into government (2020), thanks to his activities as a lawyer, the rights copyright of his books and his performances in the theatre. He is closely followed by Amélie Oudéa-Castéra, the Minister of Sports, who has also accumulated nearly 3 million euros in five years, thanks to her management positions at Axa, Carrefour and the French Tennis Federation.

The situation of ministers compared to the French

Comparison of the property and financial situations of the candidates with the rest of the French population, calculated according to the declarations published by the HATVP and the data of the World Inequality Database (WID).

This graph places the wealth and income of ministers from 0 to 100. This scale divides the population into one hundred equal parts (called centiles), from the poorest French people to the richest French people. For example, the top 10% are the bottom ten percentiles. On the other hand, belonging to the poorest 5% places you in the first five percentiles. The black central lines represent the medians, that is to say that 50% of the French are above, and 50% of the French are below.

A government of owners

According to the analysis of Monde, more than half of ministers’ assets (52%) come from real estate. With three exceptions (Gabriel Attal, Charlotte Caubel and Hervé Berville), all members of the government own at least one apartment or a house. The record is held by Dominique Faure, the minister delegate in charge of local authorities and rurality, who owns, with her family, five houses, two apartments and agricultural land.

With 93% of owners, the Borne government is well above the average of French households, which are only 60% to own their homes.

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