Saturday, May 12, 2012

New French President Owns 3 Homes on Riviera; Francois Hollande Also Owns Roomy Paris Apt.

Francois Hollande -- France's new Socialist president -- owns three holiday homes in the glamorous French Riviera resort of Cannes, the Daily Mail (British) website reports today (May 12, 2012). The 57-year-old  -- who "dislikes the rich" and wants to revolutionize France with high taxes and an onslaught against bankers -- is in fact hugely wealthy himself.

To the undoubted embarrassment to the most left-wing leader in Europe -- and a man who styles himself as "Mr. Normal" -- Hollande's three Riviera homes are valued at almost one million pounds (about $1.5 million).

Among his other assets are three current accounts in French banks -- two with global giant Societe Generale and one with the Postal Bank -- as well as a life insurance policy.

Hollande also owns a spacious Paris apartment that he shares with his lover, Valerie Trierweiler.

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