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.
Read more
Prince confirms new minister of state
The Palace has officially announced that Pierre Dartout will become the new minister of state from September, replacing Serge Telle in Monaco’s most senior strategic position after the Prince.
MEB reorganises for maximum efficiency
Earlier this year, the Monaco Economic Board (MEB) surveyed members to ask what the group could do to improve. The results are now in and have led to the MEB's reorganisation, including new and...
Two weeks until cafés, restaurants reopen in Riviera
France will reopen bars and restaurants in the country’s “green zones”, including the French Riviera, on Tuesday 2nd June, provided the health situation doesn’t deteriorate.
Interview: Carlo app creator Antoine Bahri
Antoine Bahri is the brains behind Carlo app, Monaco’s first mobile-based loyalty programme rewarding consumers for buying local – an initiative that couldn’t have come at a better time.
Retail sector sees deepest drop on record
Monaco’s business climate “collapsed” in the retail, trade and auto repair sectors in the month of March, as shoppers reduced their spending on everything except the essentials.
Protecting HNWIs
According to security expert Matthias Fitzthum, drones and staff pose the biggest risks to HNWIs, family offices and top executives. And the Covid-19 crisis has only made the situation worse.