Raymond Poincaré Net Worth

Background and career

Raymond Nicolas Landry Poincaré (French: [ʁɛmɔ̃ pwɛ̃kaʁe]; 20 August 1860 – 15 October 1934) was a French statesman who served as President of France from 1913 to 1920, and three times as Prime Minister of France. He was a conservative leader, primarily committed to political and social stability.

Trained in law, Poincaré was elected as a Deputy in 1887 and served in the cabinets of Dupuy and Ribot. In 1902, he co-founded the Democratic Republican Alliance, the most important centre-right party under the Third Republic, becoming prime minister in 1912 and serving as President of the Republic for 1913–1920. Attempting to exercise influence from a traditionally figurehead role, he visited Russia in 1912 and 1914 to repair relations with Russia which had been strained by the Bosnian Crisis of 1908 and the Agadir Crisis of 1911. He likewise played an important role during the July Crisis of 1914 which ultimately led to France's participation in World War I. From 1917 onward, he exercised less influence after his political rival Georges Clemenceau had become prime minister. At the Paris Peace Conference, he favoured Allied occupation of the Rhineland.

In 1922 Poincaré returned to power as prime minister. In 1923 he ordered the Occupation of the Ruhr to enforce payment of German reparations. By this time Poincaré was seen, especially in the English-speaking world, as an aggressive figure (Poincaré-la-Guerre) who had helped to cause the war in 1914 and who now favoured punitive anti-German policies. His government was defeated by the Cartel des Gauches at the elections of 1924. He served a third term as prime minister in 1926–1929.

Poincaré was an International Member of both the American Philosophical Society and the American Academy of Arts and Sciences. Nicknamed Le Lion ("the Lion"), Poincaré is honored as a victorious wartime leader in France.