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Hollande, who campaigned on a promise to ditch the showbiz stylethat won Sarkozy the nickname of "President Bling Bling", says in adeclaration published on Friday that his principal asset is a houseon France's southern Riviera coast. The declaration shows that Hollande, who rents his apartment inParis but could now move into the presidential Elysee Palace, hasdeclared assets of 1.17 million euros, primarily the house of 130square meters in the chic Riviera village of Mougins. Other assets declared are bank accounts worth 8,200 euros, a lifeinsurance contract worth 3,550 euros and 15,000 euros of furniture,said the declaration. The man who used to travel to work by scooter, and describedhimself as "Mr Normal" during campaigning, does not own a car, thedeclaration says. Sarkozy, who hands the reins over to Hollande on May 15 and may goback to work as a lawyer, said in an official declaration in Marchhe was worth about 2.7 million euros, up from 2.1 million when hetook power in 2007. Most of that is in life insurance products but Sarkozy alsodeclared a collection of autographs, watches and statuettes worth100,000 euros, and a joint bank account of 57,000 euros he shareswith his wife, the singer and former model Carla Bruni. Hollande's wealth falls just below the threshold that would makehim liable to pay wealth tax in France. His French Riviera residence was bought in 1986 for just over halfits current declared value and is the place where he spent summerbreaks with former partner Segolene Royal, with whom he had fourchildren in a quarter of a century together. He now lives with Valerie Trierweiler, a journalist who says shewants to remain working mother to pay the way for three sons shehad before meeting Hollande. Hollande, whose doctor father Georges dabbled in propertyinvestment, said in his declaration he had part ownership of twoapartments in Cannes that are worth 370,000 euros in all. Among the first measures he says he will implement after he takesover is a 30 percent cut in the presidential salary of more than19,000 euros a month. (Reporting by John Irish; Editing by Andrew Heavens). The e-commerce company in China offers quality products such as Mechanical Mod E Cigarette , V3 E Cigarette Manufacturer, and more. For more , please visit Stainless Steel E Cigarette today!
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