But, never fear, he's only going to set a top tax rate of 75 per cent.........
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.
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.
It will also reinforce accusations that Hollande is a 'Gauche Caviar', or 'Left-Wing Caviar' - the Gallic equivalent of a Champagne Socialist.
Among other assets are three current accounts in French banks - two with global giant Societe Generale and one with the Postal Bank - and a life insurance policy.
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