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Radio France Internationale
Radio France Internationale
National
RFI

Income gap in France grows as richest households pull further ahead

Around 40,000 French households qualify as "very high income", earning more than €463,000 annually. AFP - OZAN KOSE

France's wealthiest people are typically men in their fifties and sixties, living in Paris as part of a childless couple and working as executives or running their own businesses. This snapshot of the super-rich emerges from a study published by France's national statistics institute, which also reveals a dramatic widening of the income gap over the past 20 years.

Published on Tuesday, the Insee study shows the wealthiest households now earn 31 times more than average families, up from 21 times in 2003. It defines very high incomes by counting all taxable earnings and social benefits, minus direct taxes, then adjusting for household size.

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