Business & Finance
The great wealth transfer begins: billionaire heirs inherit nearly $300 billion in one year
Global billionaire wealth just hit a record high. UBS’s 11th Billionaire Ambitions Report reveals how heirs, innovation, and a massive wealth transfer are reshaping power and fortune in ways we’ve never seen before.
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Bel Air residence projects gets “green” light
A new apartment complex, the Bel Air, has been given the go-ahead to start works by the municipal council. Here’s more on this modern and energy-efficient site.
Civil servants to get pay hike to combat inflation
Monaco’s Minister of State Pierre Dartout has held his annual press conference marking the return to work after the summer holidays, encouraging people to “remain mobilised and reasonably...
Q2 stats reveal record-busting revenues for Monaco
Revenues rose 21% in Q2 of 2022 to reach a record-high of €8.7 billion, and that’s not counting Financial and Insurance activities. Here are some other standout figures from the latest IMSEE...
A busy few months ahead for MEB members
The Monaco Economic Board (MEB) returned to work on Tuesday after the summer holidays for its 42nd Members Rendezvous, looking ahead to the many events planned between now and the end of the year.
Installations for the MYS begin, disruptions planned
The enormous set up for the Monaco Yacht Show is now underway, but with the prep comes a few minor inconveniences such as street closures and parking bans. Here’s more on the affected areas.
Verstappen wins in Monza, Leclerc takes second
Red Bull’s Max Verstappen overcame a five-place grid penalty to win the Italian GP on Sunday in a highly strategic race as Ferrari let it slip on their home turf.
