Philenews

Lagarde's Total Pay Package 50% Higher Than Reported by ECB

Published January 2, 2026, 10:18
Lagarde's Total Pay Package 50% Higher Than Reported by ECB

The total remuneration package for the President of the European Central Bank (ECB), Christine Lagarde, is estimated at €726,000 for 2024, exceeding the reported salary of €466,000 disclosed by the ECB by 56%. This means Lagarde earns almost four times more than the Chairman of the Federal Reserve, Jerome Powell, whose salary is $203,000 (approximately €172,720). An analysis by the Financial Times reveals that Lagarde's actual income is significantly higher than what is publicly announced.