Who paid for the Eiffel Tower?

3. Gustave Eiffel Personally Funded Most of the Tower. It would cost about 30 million euros if the Eiffel Tower were to be built today. When the Tower was built, the government offered to fund a mere 18% of it, leaving Eiffel to personally raise the rest of the money.



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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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Gustave Eiffel Personally Funded Most of the Tower However, to attract investors, Eiffel arranged to keep the tower up for twenty years, during which time he could take all the profits from entry fees and restaurant concessions. Eiffel had all of his debts paid off within a mere six months!

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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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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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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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Lustig is widely regarded as one of the most notorious con artists of his time, and is infamous for being the man who sold the Eiffel Tower twice and for conducting the Rumanian Box scam. Springfield, Missouri, U.S.

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The Eiffel Tower was built in record time: 2 years, 2 months and 5 days. From late January 1887 to March 31, 1889. In addition to the technical and architectural prowess, the Tower's rapid construction also represented an unparalleled achievement at that time.

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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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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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Its lighting, its sparkling lights, and its beacon shine and inspire dreams every evening. As France's symbol in the world, and the showcase of Paris, today it welcomes almost 7 million visitors a year (around 75% of whom are foreigners), making it the most visited monument that you have to pay for in the world.

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The Tower lights and beacon are lit up every evening from dusk until 11.45pm. As soon as it gets dark, the Eiffel Tower's golden lighting switches on automatically within less than 10 minutes, thanks to light-sensitive twilight sensors. Simply check an almanac to find out what time the monument will light up.

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The Eiffel Tower's lighting and sparkling lights are protected by copyright, so professional use of images of the Eiffel Tower at night requires prior authorization and may be subject to a fee.

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