Alain Minc Highest-Paid Economist in the World
- By Carol Kearney
- Paris
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- International November 5, 2024
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It's been a rough year for the economist, but at least he has his millions of dollars to ease the pain. 75-year-old Alain Minc has taken the No. 1 spot on People With Money’s top 10 highest-paid economists for 2024 with an estimated $58 million in combined earnings.
UPDATE 05/11/2024 : This story seems to be false. (read more)
Alain Minc tops annual list of highest-paid economists
In 2022 it looked like the economist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (November 4) that Minc is the highest-paid economist in the world, pulling in an astonishing $58 million between October 2023 and October 2024, a nearly $30 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The French economist-politician has an estimated net worth of $185 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Minc Burger” chain) in Paris, a Football Team (the “Paris Angels”), has launched his own brand of Vodka (Pure Wonderminc - France), and is tackling the juniors market with a top-selling perfume (With Love from Alain) and a fashion line called “Alain Minc Seduction”.
The ranking is significant for many Alain fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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