British media: Lagarde's actual salary exceeds her disclosed salary by 56%, which is four times that of Jerome Powell
According to calculations by the Financial Times, European Central Bank (ECB) President Christine Lagarde’s total earnings in 2024 amounted to approximately €726,000—about 56% higher than the “base salary” of €466,000 disclosed in the bank’s annual report, and nearly four times that of Jerome Powell, Chairman of the Federal Reserve.European Central Bank (ECB) She is not subject to the strict rules applicable to EU-listed companies, which require firms to provide “comprehensive and reliable information on directors’ remuneration.”In addition to her base salary, Lagarde receives approximately €135,000 in housing and other benefits. She also earns about €125,000 for her role as a member of the Board of Directors of the Bank for International Settlements (BIS). European Central Bank (ECB) The annual report does not mention these allowances and additional pay. The Financial Times’ calculations are based on the annual reports of the European Central Bank (ECB) and the BIS, as well as a technical document outlining the “terms and conditions of remuneration” for senior officials at the European Central Bank (ECB). Due to a lack of relevant data, this estimate does not include the pension contributions, as well as medical and insurance costs, paid by the European Central Bank (ECB) on Lagarde’s behalf.
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