Billionaires’ bolt-hole, playboys’ paradise and, for one week at the end of May, host to the most glamorous motor race in the world.
Today, more than 40% (13,400 out of a total population of 30,600) are millionaires with many of their number worth considerably more — there are an estimated 2,400 multimillionaires, 116 centa-millionaires ($100M+) and seven billionaires.
There are plenty of theories on the secrets to a long life but holing up in Monaco could, statistically, be your best bet.
The grand prix is the centerpiece of Monaco’s sporting calendar but so far this year it’s been the Principality’s footballers and Formula E that have taken center stage.
AS Monaco claimed the French Ligue 1 for the first time since 2000, fending off the might of big spending Paris Saint-Germain and earlier this month, electric cars took to the streets for the Monaco ePrix with drivers racing on an abbreviated version of the F1 track.
The grand prix, however, remains unquestionably the biggest draw — for fans, and drivers.
Forget Hong Kong high rises, Manhattan lofts or anywhere else for that matter, Monaco is the most expensive place to buy a property in the world.
Land prices are a drop in the ocean compared to the yachts moored in Monaco’s Port Hercule — as seen here in this 360-degree photo.
“You know in French we say: ‘quad on aime, on ne compte pas’ (‘when you love something you don’t count’),” D’Alessandri says.
Three-time world F1 champion Nelson Piquet famously likened racing in Monaco to “riding a bike around your living room,” but watching the cars on track is only part of the attraction of the Monaco Grand Prix.
The race routinely attracts some of the world’s biggest celebrities who mingle with drivers and VIPs over the race weekend.
Last year’s star attraction was Justin Bieber who swigged champagne with Mercedes driver Lewis Hamilton after the Briton had taken the checkered flag.
Earlier this month, British supermodel Naomi Campbell was introduced to electric racing — Formula CEO Alejandro Agag taking Campbell for a high-speed spin around the track.