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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SBM appoints Stéphane Valeri as chairman, effective 2023
National Council President Stéphane Valeri is stepping down in a matter of days to succeed Jean-Luc Biamonti in running Monaco’s largest employer, Monte-Carlo Société des Bains de Mer (SBM).
IUM partners with Monaco Asset Management
A partnership between the International University of Monaco and Monaco Asset Management will see the sharing of expertise with students as well as continuing its tradition of hiring IUM alumni for...
Economist Jean-Pierre Petit analyses year ahead
Economist Jean-Pierre Petit has told a room full of entrepreneurs that he expects the war in Ukraine to last much longer than anticipated, and that inflation in Europe will continue to rise into next...
Nice Mayor claims city as top tourist spot in France
The Mayor of Nice Christian Estrosi declared his city to be France’s number one tourist destination after a stellar summer season, with visitor numbers well above pre-pandemic figures.
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...
