Michel Sapin

Michel Sapin (French pronunciation: ​[mi.ʃɛl sa.pɛ̃]; born 9 April 1952 is a French politician who served as Minister of Finance from 1992 to 1993 and again from 2014 to 2017. He is a member of the Socialist Party.[1]

Michel Sapin
Sapin Portait Bercy.jpg
Minister of the Economy
In office
30 August 2016 – 10 May 2017
Prime MinisterManuel Valls
Bernard Cazeneuve
Preceded byEmmanuel Macron
Succeeded byBruno Le Maire
Minister of Finance
In office
2 April 2014 – 17 May 2017
Prime MinisterManuel Valls
Bernard Cazeneuve
Preceded byPierre Moscovici
Succeeded byBruno Le Maire
In office
2 April 1992 – 29 March 1993
Prime MinisterPierre Bérégovoy
Preceded byPierre Bérégovoy
Succeeded byEdmond Alphandéry
Minister of Labour, Employment and Social Dialogue
In office
16 May 2012 – 2 April 2014
Prime MinisterJean-Marc Ayrault
Preceded byXavier Bertrand
Succeeded byFrançois Rebsamen
Minister of the Civil Service
In office
28 March 2000 – 7 May 2002
Prime MinisterLionel Jospin
Preceded byÉmile Zuccarelli
Succeeded byJean-Paul Delevoye
Personal details
Born (1952-04-09) 9 April 1952 (age 70)
Boulogne-Billancourt, France
Political partySocialist Party
EducationLycée Henri-IV
Alma materÉcole normale supérieure
Paris-Sorbonne University
Sciences Po
École nationale d'administration

He was Minister of the Civil Service from 2000 to 2002 and Minister of Labour, Employment and Social Affairs from 2012 to 2014. Sapin has also served as a member of the National Assembly of France.[2]

After President François Hollande took office, Sapin became the Minister of Labour, Employment and Social Affairs in the government headed by Prime Minister Jean-Marc Ayrault on 16 May 2012.[3] Two years later, he was moved to the post of Minister of Finance under Ayrault's successor, Manuel Valls.

Early life and educationEdit

Sapin was born on 9 April 1952 in Boulogne-Billancourt, Hauts-de-Seine, France.[2][4] He attended the Lycée Henri IV, followed by Paris-Sorbonne University, where he received a B.A. in History and an MPhil in Geography.[4] He then attended the École Normale Supérieure, the Institut d'études politiques de Paris, and the École nationale d'administration.[4] He graduated from the ENA as part of the Promotion Voltaire, which also included François Hollande, Dominique de Villepin, Ségolène Royal and Renaud Donnedieu de Vabres.[5] He became an administrative law judge.

Political careerEdit

From 1989 to 1994, Sapin served as councillor for Nanterre.[4] From 1995 to 2001, he was the Mayor of Argenton-sur-Creuse.[4] He has served again as such since 2002.[2] He served as Deputy Minister of Justice from May 1991 to April 1992, Finance Minister from April 1992 to March 1993, and Minister of Civil Servants and State Reforms from March 2000 to May 2002.[2]

In 2012 Sapin was appointed Minister of Social Affairs by President Francois Hollande. From April 2014 he then served as head of a newly created ministry dealing with public finances under Prime Minister Manuel Valls.[6]

On 30 August 2016, following the resignation of Emmanuel Macron as Minister of the Economy in preparation for Macron to be sworn-in as President, the duties of the office were added to Sapin’s remit. He thus became the Minister for the Economy and Finance.[7][8]

Sapin supported Manuel Valls in the Socialist Party primary of 2017. Following Valls’ defeat to Benoît Hamon, he supported Hamon in the presidential election while also defending Francois Hollande’s record as president.[9][10]

Political positionsEdit

In March 2016, Sapin stated his opposition to universal basic income in an interview with France Info.[11]

Personal lifeEdit

When President Hollande published a list of bank deposits and property held by all 38 ministers for first time 2012,[12] Sapin declared personal assets worth 2 million euros.[13]

In the remainder of the case concerning the indemnities wrongly paid to Sapin while he was mayor of Argenton-sur-Creuse, the administrative court of Limoges by order of 30 March 2017 has just rejected the personal request of Sapin and Of the other elected representatives of Argenton who had formed a third party against the judgment of 29 September 2016.[citation needed]


  • L'État en mouvement (2002)


  1. ^ "Subscribe to read". www.ft.com. Retrieved 13 April 2017. {{cite news}}: Cite uses generic title (help)
  2. ^ a b c d National Assembly biography
  3. ^ (in French) Michel Sapin become Minister of Labour in lemonde.fr, 16 May 2012.
  4. ^ a b c d e Finance Ministry biography Archived 22 October 2007 at the Wayback Machine
  5. ^ "L'Incroyable destin de la promotion Voltaire de l'ENA".
  6. ^ "Michel Sapin, un fidèle en charge des Comptes publics". 2 April 2014.
  7. ^ "Michel Sapin succède à Emmanuel Macron au ministère de l'Économie et des Finances".
  8. ^ "EN DIRECT. Emmanuel Macron démissionne : "C'est une nouvelle étape qui commence"".
  9. ^ "Le gouvernement face au "frondeur" Hamon".
  10. ^ "Sapin soutient Hamon mais l'invite à défendre le quinquennat".
  11. ^ "Michel Sapin dit non au revenu de base universel". 15 March 2016.
  12. ^ Catherine Bremer (12 April 2013), Ministers' wealth list to expose France's "caviar left" Reuters.
  13. ^ Catherine Bremer and John Irish (15 April 2013), Wealth inventory exposes millionaires in French government Reuters.
Political offices
Preceded by Minister of Finance
Succeeded by
Preceded by Minister of the Civil Service
Succeeded by
Preceded by Minister of Labour, Employment and Social Dialogue
Succeeded by
Preceded by Minister of Finance
Succeeded by
Preceded by Minister of the Economy, Industry and Digital Affairs