The salary, net worth, and earnings of Christine Lagarde, the former French minister who has been President of the European Central Bank since 2019.
What is Christine Lagarde’s net worth? When talking about money, it is impossible not to mention the president of the European Central Bank, whose mandate - lasting eight years that cannot be extended - began in 2019 when she took over from Mario Draghi in Frankfurt.
Before becoming the number one of the ECB, Christine Lagarde - a leading figure of the Republicans - served several times as minister in France before moving to the International Monetary Fund as its chief operating officer.
From a financial point of view, it can be safely said that Lagarde was - and still is ça va sans dire - one of the most important figures in the contemporary economic landscape, especially now that all eyes are on the ECB for the issue of cutting interest rates.
Moreover, Christine Lagarde’s role is fundamental for the balance of the European Union, given that the ECB has the mission of managing the euro, trying to keep prices stable, and guiding the economic and monetary policy of the EU.
A large part of our economic destiny thus depends on the moves of the European Central Bank: let’s see how much Christine Lagarde’s salary is and what her personal assets would be.
leggi anche
Is the ECB jeopardizing Europe’s recovery?
How much does Christine Lagarde earn: the salary of the president of the ECB
To understand how much Christine Lagarde earns, first we need to take a look at her salary as president of the European Central Bank, a role she has held since November 1, 2019.
To date, Christine Lagarde’s salary amounts to 427,560 euros per year. This would be her base salary, to which a series of allowances should be added. Just to make some comparisons, the president of the American Federal Reserve earns 226,000 dollars a year and that of the Bundesbank 481,000 euros.
Christine Lagarde would thus earn almost double that of Jerome Powell and less than Jens Weidmannm, respectively number one of the Federal Reserve and the Bundesbank. The Frenchwoman would however receive a salary more than ten times higher than a new hire at the ECB.
As director of the International Monetary Fund - a position she held from July 2011 to September 2019 - Christine Lagarde received an annual salary of 467,940 dollars.
In addition to her lavish earnings - some people write online that she has a personal net worth of 6 million dollars, but these are not verified sources - Christine Lagarde was indicated in 2023 by the prestigious American magazine Forbes as the second most powerful woman in the world behind only Ursula von der Leyen.
Original article published on Money.it Italy 2024-09-12 15:00:25. Original title: Quanto guadagna Christine Lagarde, presidente della Bce
