The superyacht industry has blossomed over the last ten years, with multi millionaires and billionaires buying yachts in the tens of millions of Euros price range – and when it comes to some billionaires they seem intent on buying a fleet that would put some small countries navies to shame.
Despite being the second smallest country in the world Monaco has established herself as the natural European home for many of the world’s wealthiest men and women due to her tax haven status, with many more visiting on holiday while cruising the Mediterranean for the Monte Carlo casino – and Monaco has managed to stay as a top destination by cleverly spotting and exploiting trends ahead of her competitiors.
The Monaco Yacht Show is part of the attraction for the super-rich, and has firmly established itself as the leading super yacht show in the world over the last fifteen years. For Monaco itself the Yacht Show is second only to the Monaco Grand Prix for visitor numbers. Combined with the Hotel de Paris and other Monaco hotels the principality has successfully secured her position as a natural environment for the wealthy to live or visit.
Monaco is...
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