The Eiffel Tower worth $545 billion is the most valuable monument in Europe

No tour in Europe is complete without checking out Paris’ Eiffel Tower, Rome’s Colosseum, Barcelona’s Sagrade Familia Cathedral, Milan’s Duomo Cathedral, The Tower of London, Madrid’s The Prado Museum, or UK’s Stonehenge. Sure they are the backbone of these nations’ tourism economy, but do you know what these monuments are worth? Well, thanks to a study by Italy’s Monza and Brianza Chamber of Commerce, we now know. The distinction of being the most valuable monument in the continent goes to …drum roll please… the “Iron Lady” of Paris, the Eiffel Tower. Estimated to be worth €435 billion ($545 billion) to the French economy, this 1,050 ft tall monument built-in 1889 also garners most tourists in Europe: almost eight million tourists a year.

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While this has understandably ruffled some feathers with other nations, this figure effectively makes it six times its closest contender, the Colosseum in Rome, which has been valued at €91 billion ($114 billion). The study was based on 10 parameters from various analysts and statistics bodies, such as tourist index, the economic value of the location, the fame of the monument, the flux of visitors to the territory and monument, and an economic attractiveness index considering factors such as the number of jobs it created and its export value. However, it didn’t include the material, and the property value of any structure was not taken into account. Check out the top seven list in order of its value after the jump
1. Eiffel Tower, Paris: £343 billion ($545 billion)
2. The Colosseum, Rome: £72 billion ($114 billion)
3. The Sagrade Familia Cathedral, Barcelona: £71 billion ($113 billion)
4. The Duomo Cathedral, Milan: £65 billion ($103 billion)
5. The Tower of London: £56 billion ($89 billion)
6. The Prado Museum, Madrid: £46 billion ($73 billion)
7. Stonehenge, UK: £8.3 billion ($13)

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