Francois Hollande, ‘Left-wing caviar’

Socialist Hollande owns three homes on the Riviera

Peter Allen
The London Evening Standard [UK]
11 May 2012

France’s new Socialist president owns three holiday homes in the Riviera resort of Cannes, it emerged today.

Francois Hollande, 57, who “dislikes the rich” and wants to revolutionise his country with high taxes and an onslaught against bankers, is in fact hugely wealthy himself.

His assets were published today in the Official Journal, the gazette which contains verified information about France’s government.

To the undoubted embarrassment of the most Left-wing leader in Europe, and a man who styles himself as “Mr Normal”, they are valued at almost £1 million [$1.6 million US].

It will also reinforce accusations that Hollande is a “gauche caviar”, or “Left-wing caviar” — the Gallic equivalent of a champagne Socialist.

Among his other assets are three current accounts in French banks — two with global giant Société Générale and one with the Postal Bank.

But it is the fabulous property portfolio which is causing the greatest stir among millions of ordinary French people who voted for Hollande over the conservative Nicolas Sarkozy last Sunday…

The article continues at The London Evening Standard.

H/T The State Emancipation Project

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