Who owns the Eiffel Tower today?

Today, the City of Paris owns the Tower and has entrusted its management to a development company (SETE: Société d'Exploitation de la Tour Eiffel) of which it owns 99% of the capital.



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His name probably doesn't speak to you, and yet Victor Lustig was one of the greatest crooks of his time. His biggest scam? Having successfully sold the Eiffel Tower to a scrap dealer. At what price ?

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It is made of lattice-shaped wrought iron with 20,000 lights. The Eiffel Tower was built for $1.5M in 1889. If we inflation adjust this original cost using CPI, we get $44M. According to a 2012 study by the Chamber of Commerce of Monza and Brianza in northern Italy, it is worth $510 billion.

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Since 2011, the annual turnover generated by the sales of admissions for the Eiffel Tower in Paris has increased gradually. In 2019, the turnover related to ticket sales to access to the most famous monument in Paris amounted to approximately 87 million euros, compared to 53.03 million in 2012.

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In fact, the Tower has been repainted for over 130 years, about once every 7 years. So if it is repainted, the Eiffel Tower can last... forever.

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The third and final floor, accessible only by lift, welcomes visitors at an altitude of 276 metres. Again, telescopes are available to appreciate the stunning views of Paris. On this floor, don't miss the reconstitution of the office of Gustave Eiffel.

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In 1944, Hitler ordered the military governor of Paris to destroy the tower, he refused. In addition, during the German occupation, the tower was closed to the public and Nazis attempted to attach a large swastika to the top, but it blew away.

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What Are the 11 Most Interesting Facts About the Eiffel Tower?
  • It Was Designed by Gustave Eiffel. ...
  • It Took 22 Months to Complete. ...
  • The Eiffel Tower Is Made of Iron. ...
  • The Eiffel Tower Has Three Floors. ...
  • It's as heavy as an Entire Freight Train. ...
  • The Eiffel Tower Has to be Repainted Every 7 Years.


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The Eiffel Tower is made of puddle iron, a material that could last almost forever if it is repainted regularly. However, several factors pose a threat, including rust, pollution inherent to its location in a big city, bird droppings and the weather.

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The mural is a scene taken from the Italian novel Hypnerotomachia Poliphili, written by Francesco Colonna in 1499. The two figures in the middle of painting represent the book's protagonists, Poliphili and Polia.

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The Iron Lady is the most common nickname for the Eiffel Tower.

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The paint wears off with time and rain, so it has to be redone to guarantee continued protection. For this reason, the Tower has been repainted on average every seven years, according to a cycle laid out by Gustave Eiffel himself.

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The first digging work started on the 26th January 1887. On the 31st March 1889, the Tower had been finished in record time – 2 years, 2 months and 5 days – and was established as a veritable technical feat. Le journaliste Émile Goudeau visitant le chantier au début de 1889 en décrit ainsi le spectacle.

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