From 22nd to 23rd June, Monaco became a global meeting ground for leaders in art, culture, and business, as the 16th edition of the Monaco Private Label (MPL) Annual Summit unfolded under the High Patronage of Prince Albert II. This year’s theme, ‘Monaco, Exploring the Art of Collecting Today’, attracted nearly 200 high-level guests from over 30 nations. 

The summit showcased two defining forces shaping the Principality’s future: its growing influence in global debate and a generational renewal that is reshaping its networks. Among the guests were some 30 ‘Young Leaders’ under the age of 35, a clear signal of Monaco’s enduring appeal as a dynamic space for innovation and leadership.

Monaco’s cultural clout meets generational momentum

Created over 16 years ago, the MPL network now boasts nearly 2,000 members from 60 countries. Under the leadership of Chloé Boscagli and Monaco’s Cellule Attractivité, the MPL has evolved into a cornerstone of the Principality’s resident-attraction strategy.

“By bringing together committed personalities and recognised experts, the Monaco Private Label reinforces its position as a strategic gateway between influence and sustainable action,” said Boscagli.

This year’s agenda explored the intersections of art, technology, and personal legacy. Notable speakers included Simon de Pury and Magnus Resch, who spoke passionately about the emotional value of collecting, while Thierry Consigny and Björn Dahlström examined the fusion of luxury and contemporary art. Ivona Tautkutė‑Rustecka offered a compelling presentation on artificial intelligence as a new frontier for creative expression.

Panels with celebrated collectors such as David Nahmad, Murat Vargi, and Patrizia Sandretto Re Rebaudengo further illuminated the personal, cultural, and philanthropic motivations behind building a collection with impact.

A gala dinner and a gift to the planet

The summit concluded with a gala dinner at the Hôtel de Paris’ Salle Empire, attended by Prince Albert II. During the evening, members of the MPL community presented a donation to the Prince Albert II of Monaco Foundation to support youth-focused environmental initiatives—underscoring the summit’s commitment to aligning influence with purpose.

See also: 

Interview: Monaco Private Label’s Chloé Leclercq and her vision for the global elite club

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Main photo: Chloé Boscagli, source: Government Communications Department