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- Monaco, a sovereign city-state on the French Riviera, is known for its lavish wealth.
- Each year, it hosts glamorous events such as the Monaco Yacht Show and the Monaco Grand Prix, earning it the nickname "Billionaires’ Playground."
- With an area of just 0.78 square miles and a population of 38,300, Monaco is one of the densest countries in the world.
- Here are 15 mind-blowing facts about Monaco, from the number of millionaires who live there to the wildly high GDP per capita.
- Visit Business Insider’s homepage for more stories.
Monaco, a sovereign city-state on the French Riviera, is known as a "Billionaires’ Playground." The tiny city-state is famous for its lavish wealth, casinos, and glamorous events such as the Monaco Yacht Show and the Monaco Grand Prix.
With an area of just 0.78 square miles and a population of 38,300, Monaco is one of the densest countries in the world.
Here are 15 mind-blowing facts about Monaco, from the number of millionaires who live there to the number of police officers per resident.
1. With an area of just 0.78 square miles and a population of 38,300, Monaco is one of the densest countries in the world.
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The tiny city-state is bordered by France and Italy.
2. Monaco is smaller than Central Park in New York City.
T Photography/Shutterstock
Central Park is about 840 acres or 1.31 square miles in size, making Monaco roughly 60% of the size of the world-famous park.
3. Monaco is home to 12,261 millionaires in less than one square mile.
Shutterstock/RossHelen
The number of millionaires increased by 12% between 2013 and 2018, according to the 2019 Knight Frank Wealth Report.
See the rest of the story at Business Insider
See Also:
- What it’s like living as a millionaire in Taipei, Asia’s ‘stealthy rich city,’ where the ultra-wealthy own more than 5 homes each and shop in private VIP fitting rooms
- The 9 biggest mistakes people make when they try to sell their homes, according to real-estate agents
- Billionaire hedge-fund manager Steve Cohen just sold his New York City condo for $30 million. Take a look inside the West Village triplex, which sold after just 32 days on the market
Source: Business Insider – kwarren@businessinsider.com (Katie Warren)