James Michel Net Worth

Background and career

James Alix Michel, GCSK (born 16 August 1944) is a Seychellois politician who served as the third President of Seychelles from 2004 to 2016. He previously served as vice-president under his predecessor, France-Albert René, from 1996 to 2004.

Michel was initially a teacher, but later he became involved in the archipelago's booming tourism industry and joined René's political party before independence in 1976.

Michel followed President René through different political posts during all periods of the Seychelles' history as an independent entity. He was a member of the executive committee of the Seychelles People's United Party from 1974 to 1977; subsequently, when the party was transformed into the Seychelles People's Progressive Front (SPPF), he became a member of its Central Executive Committee. René staged a coup against the country's first President, James Mancham, only one year after independence, and Michel was appointed Minister of Public Administration and Information in June 1977. During the 1979–1991 one-party socialist rule, Michel held various ruling party and ministerial portfolios, such as Minister of Finance from 1989 to 2006. In 1984 he became the SPPF's Deputy Secretary-General, and in 1994 he became its secretary-general.