Princess Charlene launches a French “Charity Mile” in Cagnes

The famous racetrack the hippodrome of the Côte d’Azur is taking an innovative step with the Palace of Monaco by launching a Charity Mile horse race to benefit animal protection organisations, on 25 February. Having started on 5 December at the Grand Galop, the winter event of the Côte d’Azur racetrack already looks promising: next…

H.S.H. Prince Albert II of Monaco awards the 2017 Prince’s Prize for innovative philanthropy to Peggy Rockefeller President of Synergos Institute

The 2017 Prince’s Prize for Innovative Philanthropy has been awarded to Peggy Dulany, President of Synergos Institute. Peggy Dulany is Chair of the Synergos Institute, a global non-profit organization helping solve complex problems of poverty and inequality by promoting and supporting collaboration. Drawing from her experience living and working in Rio de Janeiro as a…

Monaco’s Flag on Top of South America

On the 13th of December, at 12:30, Jean-Marc Nowak reached the 6,893 meter summit. Jean-Marc never ceases to amaze us. After celebrating his 61st birthday and planning to retire on the 31st of January, he seems to escape aging more than ever. On the 18th of December, he returned from three expeditions to Chile, where…

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…

Growing number of Belgians taking up residency in Monaco

A growing number of Belgians are registering as Monaco citizens. That’s according to research carried out by De Tijd. Whether they really live there, is something else, but while Monaco may be an expensive place to live, it’s very interesting from the point of view of income tax. De Tijd journalists concluded that 530 Belgians…

There are now more than 13 million millionaires across the globe

The global population of ultra-high-networth individuals (UHNWIs) has grown by 60% in the 10 years since The Wealth Report was first published. According to data prepared for the 2016 report by wealth intelligence company New World Wealth, there are now 187,500 UHNWIs with $30 million or more in net assets, excluding their principal residence, around…