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 donates fountain coins to Fight AIDS Monaco
The Société des Bains de Mer has handed over 115kg of coins collected in four fountains at the Carré d'Or to Fight Aids Monaco, equalling about €3,500 for the Princess Stephanie-led charity.
European Commission hands €289 million to Lithuania
The European Commission has given €289 million to Lithuania in pre-financing to kick-start investment and reform measures in the country as part of a major EU pandemic recovery plan.
Spain receives its share of EU RRF funding
Spain is among the first countries to receive its share of a €723.8 billion pandemic recovery fund, taking control of €9 billion in pre-financing.
Princess’ Foundation details 2020 achievements in annual report
Despite the pandemic and all the restrictions that it brought, the Princess Charlene of Monaco Foundation was able to move forward with several key projects on water safety and Covid prevention.
Italy next to receive first tranche of EU funding
As part of its pandemic-recovery plan, the European Commission has given Italy €24.9 billion in pre-financing, money that will go towards the country’s green and digital transitions.
Interview: Alexander and Carrie Vik
We talk to locals Carrie and Alex Vik about their passion for art and wine, how Covid has impacted their international hotels, and what their favourite night out in Monaco looks like.
