Monaco and the crazy world of the super-rich
As has recently been underlined by the Paradise Papers, the super-rich live in a world of their own, financially, geographically, and morally. An example of this is Monaco. This is one of the few European countries that I’ve never visited – it has nothing to interest me.
But it attracts the super-rich big time. Less than 38,000 people live in this city-state, but almost 35% of them are millionaires.
The problem is that there’s not enough space for all the super-rich who want to live in this tiny nation. So they are going to build out into the sea. You can read more about this project here.