Business & Finance
Monaco leads the world in UHNW density as global luxury property map shifts in 2025
New insights from Altrata’s Residential Real Estate 2025 report reveal that the global ultra-wealthy elite are becoming more mobile, strategic, and city-savvy – and Monaco remains a standout with the highest density of ultra-high-net-worth homeowners anywhere in the world.
Read morePhilippe Mettoux explains shock withdrawal as Minister of State; Monaco Government hits back at ‘malicious’ commentary
Philippe Mettoux has explained his decision to withdraw from becoming Minister of State, citing entrenched resistance to reform and a lack of the “essential levers” needed to fulfil his mission.
Philippe Mettoux withdraws from Monaco’s top government role, interim minister to remain in office
Philippe Mettoux, the French legal expert appointed earlier this month as Monaco’s next Minister of State, has withdrawn his candidacy before taking office, the Prince’s Palace announced Thursday.
Ex-judge Didier Linotte charged in Monaco scandal over €136 million payout
Ex-Supreme Court head Didier Linotte has been charged with corruption over a €136M state payout ordered to Caroli after Monaco scrapped the Esplanade des Pêcheurs project in 2020.
2024 in Monaco: fewer cars, more jobs, and the quiet economic evolution
From a surge in employment to a booming real estate sector, Monaco’s 2024 key figures from IMSEE reveal a Principality continuing its upward economic trajectory – but with some telling shifts.
Indosuez moves to acquire BNP Paribas wealth clients in Monaco
CFM Indosuez Wealth Management has announced plans to acquire the wealth management clientele of BNP Paribas in Monaco, a deal that would reinforce its dominance in one of Europe’s most affluent...
Monaco property market breaks records in Q1 2025, led by landmark completions
According to IMSEE’s first quarter economic report for 2025, new-build sales totalled €1.9 billion across just 42 transactions—a level of quarterly activity rarely seen, and only surpassed in...