Jacques Barrac Net Worth

Jacques Barrac Net Worth is
$5 Million

Jacques Barrac Bio/Wiki, Net Worth, Married 2018

Jacques Barrot (3 February 1937 – 3 December 2014) was a French politician, who served as European Commissioner for Justice between 2008 and 2010, after having spent four years serving as Commissioner for Transport (2004–2008) and Commissioner for Regional Policy for eight months (2004). He was also one of five vice-presidents of the 27-member Barroso Commission. He previously held various ministerial positions in France, and was a member of the right-wing political party UMP. He was officially approved in his post by the European Parliament on June 18, 2008 with a vote of 489 to 52 with 19 abstentions.Barrot was a European Commissioner between April 2004 and, serving as Commissioner for Regional Policy in the Prodi Commission before being selected as a Vice-President and Commissioner for Transport in the Barroso Commission.He was convicted in a French court of embezzlement in 2000. The case involved the diverting of £2 million of government money to his party. He received an eight-month suspended prison sentence. His conviction was automatically erased by a 1995 presidential amnesty.Barrot was approved by the European Parliament in 2004 for Commissioner of Transport and made a Vice-President in the new Barroso Commission. However shortly after he began work, his previous conviction was revealed by Nigel Farage, MEP for Independence and Democracy. French President Jacques Chirac had granted him presidential amnesty, a fact the Commissioner did not disclose during his hearing to the Parliament. Despite calls from some MEPs for him to be suspended he remained in office after a large majority accepted legal opinion that Barrot was not legally required to disclose the amnesty.A major project during his term was the Galileo positioning system. Work on the system began a year before Barrot came to office and has developed since with the launch of the first satellite. However infighting within private sector partners may have been a potential setback to the project with Barrot favouring greater funds from the EU budget. Other work includes recent guarantees of air passenger rights and the Single European Sky.Barrot died on 3 December 2014. 

Known for movies