Monaco Times

Sustainability, Heritage, Exclusivity.
Tuesday, Jun 16, 2026
Monaco Times

Monaco Grand Prix Generates Record Luxury Spending and Superyacht Demand After Kimi Antonelli Victory

Hotels, yacht charter companies and hospitality operators across Port Hercules reported unprecedented post-race spending and extended superyacht bookings following the Monaco Grand Prix weekend and Kimi Antonelli's victory.
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Monte Carlo Luxury Exhibition Draws Strong Demand for Jewellery and Collectible Assets

The Unique Show at Le Méridien Beach Plaza generated substantial transaction volumes as family offices and wealthy collectors acquired rare gemstones, bespoke jewellery and cont...

Monaco Grand Prix Delivers Record Revenue for Yacht Operators and Port Authorities

Economic assessments following the Formula One Monaco Grand Prix show that premium hospitality and yacht services generated record earnings, with prime superyacht berths command...

Prince Albert II Foundation Expands Global Funding for Ocean and Climate Projects

The Prince Albert II of Monaco Foundation has launched its 2026 funding cycle, directing capital toward marine conservation, renewable energy and biodiversity initiatives in the...

Hydrogen-Powered Superyacht Showcases Monaco's Growing Focus on Sustainable Luxury

The award-winning superyacht Breakthrough, equipped with hydrogen fuel-cell propulsion, has become a focal point in Port Hercules and highlights increasing interest in zero-emis...

Monaco Commits Nearly €68 Million to Upgrade French Riviera Rail Services

The government has agreed to fund four additional high-capacity regional trains with SNCF Sud Azur in an effort to ease commuter congestion and improve sustainable transport lin...

Monaco Attracts Rising Numbers of Millionaires and Billionaires Seeking Tax Stability

Wealth intelligence firms report growing applications for residency in Monaco as affluent individuals seek shelter from geopolitical uncertainty and benefit from the principalit...

Global Investment Leaders Gather in Monaco for Monte Carlo Asset Management Summit

Chief executives, private bankers and sovereign wealth investors overseeing trillions of euros are convening at the Grimaldi Forum for the IMpower FundForum, reinforcing Monaco'...

Monaco Real Estate Sets Global Record With $550 Million Residential Sale

Ukrainian billionaire Rinat Akhmetov purchased a multi-storey residence in the Le Renzo complex within Monaco's Mareterra development, marking the most expensive home sale in th...

Monaco Adopts New Anti-Corruption Strategy for Senior Officials and Royal Institutions

The Principality of Monaco has enacted a transparency framework covering 2026 to 2028 that targets senior government officials and the Prince's Palace, meeting Council of Europe...

AS Monaco Basketball Secures Five-Year EuroCup Participation Agreement Beginning in 2026

Euroleague Basketball has granted AS Monaco a guaranteed five-year place in the EuroCup from the 2026 season, strengthening the Principality's international sporting profile and...

Hotel de Paris Monte-Carlo Completes Luxury Suite Renovations for Extended High-Net-Worth Residencies

Hotel de Paris Monte-Carlo has completed renovations of its rooftop suites, adding enhanced privacy and integrated corporate facilities tailored to billionaire guests undertakin...

Princess Charlene Foundation Expands Global Water Safety and Drowning Prevention Programmes

The Princess Charlene of Monaco Foundation has announced a multimillion-euro increase in funding for international drowning prevention and water safety initiatives, expanding ed...
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