Fendi is planning to build the first gold refinery in Monaco

An investor from Dubai, Selim Fendi, is planning to open the first gold refinery in Monaco in early 2017. This will be a guarantee for both local and international jewelers that they are not using raw materials from armed conflict and war zones. “Monaco Gold SAM will be producing up to 1 metric ton of…

New SPA at Hôtel Métropole Monte-Carlo

The House of Givenchy is proud to present its first spa in Monaco, which will open its doors in late March 2017 in the prestigious Hotel Metropole Monte-Carlo. As Monaco Wealth Management previously reported in March 2017, the House of Givenchy will open its third international well-being and beauty care center in the Hôtel Métropole…

Nico Rosberg Spotted in a New LaFerrari in Monaco

Nico Rosberg has been spotted in Monaco with a brand new LaFerrari. The current Formula 1 world champion is instantly recognisable for his grey, Petronas branded Mercedes F1 jacket. The LaFerrari in question was fitted with a set of provisional plates, indicating that it had only recently been registered. According to sources, Rosberg explained that…

Soaring Demand Keeps Monaco House Prices among the Highest in the World

House prices in Monaco jumped by more than a quarter over the past five years as the tiny principality continues to attract wealthy buyers from around the world with its low taxes and glamorous lifestyle. Average prices have increased by 27.8% between 2010 and 2015 due to high demand and limited supply, according to a…

World Premiere of the Ferrari J50

During a special celebration held at the National Art Center in Tokyo to commemorate the 50th anniversary of Ferrari in Japan, Ferrari revealed a new strictly limited series of bespoke cars, the J50. The Ferrari J50 is a two-seater, mid-rear-engined roadster that marks a return to the targa body style evocative of several well-loved Ferrari…