As reported by The Telegraph, British property developer Daren Whitaker has officially listed Monaco as his main residence, marking a high-profile addition to the Principality’s growing community of international entrepreneurs and investors…
The founder of Manchester-based development firm Renaker, Whitaker has played a central role in reshaping the skyline of one of the UK’s fastest-growing cities.
Whitaker’s relocation comes after a decade of rapid expansion for Renaker, which has delivered more than 8,000 residential units across Manchester and has a further 8,000 in development. His company received significant backing through the Greater Manchester Combined Authority’s Housing Investment Loans Fund, supporting the construction of multiple landmark skyscrapers that now define the city’s modern profile.
Earlier this year, Whitaker featured in the Sunday Times Rich List with an estimated net worth of £698 million, reflecting the scale of his success during the UK’s urban regeneration boom. Despite legal scrutiny surrounding historic public loan arrangements — which UK courts ultimately upheld — Renaker continues to progress major projects, including the ambitious 71-storey Lighthouse tower development.
Whitaker now joins a select group of international business leaders who have chosen Monaco for its political stability, safety, infrastructure and global connectivity. The Principality’s unique status as a hub for wealth management, international commerce and high-profile entrepreneurship continues to draw figures operating at the highest level of global real estate and finance.
His move further underlines Monaco’s position as a preferred base for internationally active executives seeking both strategic advantage and an exceptional quality of life at the heart of Europe.