The 7 Assets of Valérie Pécresse's Fortune: Presidential Ambitions and a Wealthy Political Influencer

Fortune Valérie Pécresse

Valérie Pécresse is an important figure in the French politics. His career has been marked by key roles in government and regional institutions. She held ministerial and spokesperson posts under the presidency of Nicolas Sarkozy.

In 2015, Pécresse became President of the Île-de-France Regional Councila position she still holds. Her career reached a new peak in 2021 when she was selected as Republican candidate for the 2022 presidential election. This choice highlighted his experience and influence on the French right.

Valérie Pécresse's early career and political rise

Born July 14, 1967, Neuilly-sur-Seine, FranceValérie Pécresse, née Roux, has had a remarkable academic career. She obtained her baccalauréat at the age of 16 and joined HEC Paris after a preparatory class.

She graduated in 1988 and passed the ENA competitive entrance examinationranking second in her class.

His career began as a professor of constitutional law at Sciences Po Paris. It becomes auditor at the Conseil d'État from 1992 to 1996. During this period, she moved closer to the world of politics, becoming an advisor to the French President.

In 1997, Valérie Pécresse chose to get involved with Jacques Chirac rather than Lionel Jospin. This choice marked the beginning of her political career on the right. She was elected Member for Yvelines in 2002 under the UMP.

Her progress within the party was rapid. She became spokesperson for Luc Chatel and access sound first ministerial post in 2007. Named Minister of Higher Education and ResearchShe held this position until 2011.

In 2011, Valérie Pécresse takes charge of the Ministry of the Budget, of Public Accounts and State Reform. This crucial position enables him to manage important issues such as the debt and euro crises.

Her rise continues at regional level. In 2015, she was elected President of the Île-de-France Regional Council. She confirms her local roots by being re-elected in 2021.

2017 marks a turning point in her career. She created her own movement, " Let's be free" in opposition to the Republican leadership. This decision will result in his breaking away from the party in June 2019.

Valérie Pécresse took the next step in July 2021 by announcing her candidacy for the French presidency of the European Union.presidential election in 2022. This decision illustrates his national ambition and his desire to make his mark on the French political scene.

Throughout her career, Valérie Pécresse has made the most of her excellent training and administrative experience. She has gradually built up a solid political career, moving from local positions to national responsibilities.

His career has alternated between elected office and ministerial posts. This dual experience has given him in-depth knowledge of the workings of government and national political issues.

Valérie Pécresse's career also illustrates the evolution of the French political landscape. Her transition from the UMP to the creation of her own movement reflects the transformations of the right in recent years.

Valérie Pécresse's wealth

Valérie Pécresse has considerable assets. Her fortune is estimated at around 14 million euroswhich places her among the wealthiest candidates in the 2022 presidential election.

Real estate is an important part of her wealth. She owns several properties, including a 270 m² in the Yvelines department. This residence is valued at 2.3 million euros. Pécresse also owns two other houses: one of 200 m² estimated at 1.8 million euros and a smaller one of 60 m² worth 20,000 euros.

In addition to real estate, Pécresse has various investments. She owns of General Electric sharesboth in France and New York. These represent more than one million euros of his assets. She also owns 0.34 hectares of farmland, valued at 50,000 euros.

Its heritage also includes works of art. It boasts paintings by renowned painters such as Mitro and Miro. These pieces have a total estimated value of 149,000 euros.

Pécresse also has various bank accounts and financial investments. She has a life insurance policy, a retirement savings plan, current and savings accounts. Her Livret A savings account contains just 114 euros, which is small compared with the rest of her fortune.

Here is an overview of the main elements of its heritage:

• Main house: €2.3 million
• General Electric shares: €1.07 million
• Other real estate: €1.82 million
• Works of art: €149,000
• Farmland: €50,000

It should be noted that Pécresse also has debts. She has a mortgage of 811,049 euros and must 173,749 euros to the Treasury for taxes. These debts reduce his net worth.

Pécresse also holds a 54.5% stake in a company called SARL Saint Damien. This share is valued at around 310,000 euros.

Despite her considerable wealth, Pécresse ran into financial difficulties after her 2022 presidential campaign. She had to appeal for donations to pay off campaign debts of several million euros.

Valérie Pécresse's indebtedness

Following her 2022 presidential campaign, Valérie Pécresse found herself in a delicate financial situation. She contracted a personal debt of 6 million euros5 million of which is directly linked to his campaign.

Not having reached the 5% of the vote in the first round, Mme Pécresse was only able to benefit from a limited reimbursement of 800,000 euros from the French government. Faced with this financial challenge, she launched an appeal for donations from her supporters.

Here's an overview of his financial situation:

• Personal debt: 6 million euros
• State reimbursement: 800,000 euros
• Amount to make up: 5.1 million euros

Mme Pécresse stressed the urgency of the situation, setting a May 15 deadline for raising the necessary funds. She stressed the importance of this appeal for donations for the future of her party and the Republican Right.

Her appeal was heard. Thanks to the mobilization of her supporters, she has managed to collect the 5.1 million euros required to repay her campaign debt. This success was announced by Ms. Pécresse herself in a video posted on social networks.

This situation raises questions about the financing of presidential campaigns in France. The current system can put candidates in financial difficulty if they fail to reach the 5% threshold, despite favorable early polls.

Financial transparency is a major issue in French political life. Candidates must declare their assets to the High Authority for the Transparency of Public Life (HATVP). This declaration includes real estate assets, bank loans and any debts.

Valérie Pécresse, President of the Île-de-France region

Valérie Pécresse is a dynamic leader of the Île-de-France region. She has launched major projects for safety and climate adaptation.

A cyber center has been set up to protect the region from computer attacks. A climate change action plan is underway.

Mme Pécresse has also modified the way the regional council operates. Budget debates have been tightened up, and the right of amendment is limited until 2028.

The President wants to boost the attractiveness of the Paris Region. She is bringing Choose Paris Region agency and Regional Tourism Committee. This project aims to better promote the region.

Valérie Pécresse's key initiatives :

• Creation of a cybersecurity center
• Climate change adaptation plan
• New regional council regulations
• Merger of regional promotion agencies

These actions demonstrate Mme Pécresse's determination to modernize and secure the Île-de-France region.

Conclusion

In conclusion, Valérie Pécresse's fortune, estimated at around 14 million euros, reflects her successful political career and strategic investments. As chairwoman of the Île-de-France regional council and former minister, Pécresse has diversified her business activities. his sources of income through real estate investments, shares in well-known companies such as General Electric, and holdings of valuable works of art.

Despite post-election financial challenges, including personal debt related to her 2022 presidential campaign, she has demonstrated a remarkable ability to to raise funds and maintain his assets. His involvement in major regional projects and rigorous management of his personal finances illustrate the complexity and resilience required to navigate the political and economic spheres. Valérie Pécresse's wealth highlights the financial challenges facing political leaders, and underlines the importance of transparency and strategic resource management.

Frequently asked questions FAQ

What was Valérie Pécresse's political career?

Valérie Pécresse has had a rich political career. She has held several important positions:

• Member of Parliament for Yvelines (2002-2007)
• Minister for Higher Education and Research (2007-2011)
• Minister for the Budget (2011-2012)
• President of the Île-de-France Regional Council (since 2015)

She has also been a candidate in the 2022 presidential election for Les Républicains.

How much does Valérie Pécresse earn?

Valérie Pécresse's exact salary is not public. As regional president, she receives a monthly allowance of around 5,500 euros gross. His asset declaration states annual revenues of around 200,000 euros.

Who is Valérie Pécresse's husband and what does he do?

Jérôme Pécresse is Valérie Pécresse's husband. He works in the private sector as an executive. He has held management positions in major companies such as Alstom and General Electric.

How many children does Valérie Pécresse have?

Valérie Pécresse is the mother of three children. She sometimes talks about her family life in the media, but keeps their private life to herself. Her children have no direct influence on her political career.

What was Valérie Pécresse's involvement in the previous presidential elections?

In 2022, Valérie Pécresse was a presidential candidate for The Republicans. She obtained 4.78% of votes in the first round tour. Her campaign resulted in a personal debt of 5 million euros, which she repaid through donations.

Where do Valérie Pécresse's parents come from?

Valérie Pécresse's parents are French. Her father is, Dominique Rouxwas a professor of economics. His mother was a pharmacist. Their origins had little impact on his political career.