Monaco has long been a haven for the ultra-wealthy, offering unparalleled safety, a mild Mediterranean climate, and a lifestyle of elegance and exclusivity…
As of January 2025, Forbes lists several high-profile billionaires among the Principality’s residents, underscoring Monaco’s enduring appeal to the world’s financial elite.
What draws the wealthiest to Monaco? Safety stands as the top reason. With a low crime rate and a vigilant police force, the Principality is renowned as one of the safest places in the world.
Beyond security, Monaco offers residents a premium quality of life: from its prime position in Central Europe, allowing seamless travel across the continent, to its prestigious international schools and world-class healthcare facilities.
Adding to its allure is Monaco’s favourable tax regime, particularly the absence of inheritance tax, which allows families to preserve wealth across generations. This, combined with the Principality’s thriving social scene, iconic events like the Monaco Grand Prix, and stunning coastal views, cements its reputation as a sanctuary for those seeking both luxury and stability.
Among Monaco’s wealthiest residents in 2025 are:
- Eyal Ofer worth $29.5 billion: Shipping and real estate tycoon.
- James Ratcliffe worth $15.8 billion: Founder of Ineos Group and dominating force in the chemicals industry.
- Simon Reuban worth $9.3 billion: Shares a real estate, technology and investment fortune with his brother David Reuben.
- Eric Wittouck worth $8.5 billion: Heir to a Belgian sugar fortune and descendant of the family that founded Tiense Suicker.
- Dmitry Rybolovlev worth $6.3 billion: Built his fortune in Russia’s largest producer of potassium fertilizers, during the 1990s privatisation era.
For these billionaires, Monaco represents more than just a residence; it is a sanctuary offering safety, opportunity, and an extraordinary way of life.
Photo by Victor He
