Champagne Socialist.

Via Daily Mail:

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

The 57-year-old 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 to the most left-wing leader in Europe and a man who styles himself as ‘Mr Normal’, they are valued at almost £1million. […]

As well as the spacious Paris apartment he shares with his lover Valerie Trierweiler, Hollande owns a palatial villa in Mougins, the prestigious hill-top Cannes suburb where the artist Pablo Picasso used to live.

It is valued by the Official Journal at €800,000 (£642,000), and is just a short drive from Hollande’s two flats in the Cannes. They are each priced at €230,000 (£185,000) and €140,000 (£112,000).

Hollande has promised to cut his pay by 30 per cent after he is officially sworn in as President next week, but he will still be on €156,000 (£125,000) a year, plus fabulous expenses and other perks.

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