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The Billionaire's Playground

Monaco

History

12 Interesting Country Nicknames, Explained

Monaco is the world's second-smallest country by area, covering a total land area of just over 0.77 square miles.

But despite its small size, the country attracts individuals with big pockets. Nicknamed the "Billionaire's Playground," Monaco is home to roughly 40,000 residents. Of those people, over 27,000 have a net worth in excess of $1 million USD, according to a 2022 report, and 208 of them have a worth in excess of $30 million. While there are technically only three billionaires living in Monaco, it is still the country with the highest number of billionaires per capita. Monaco is also home to the world's most expensive real estate — according to a 2023 Knight Frank Wealth Report, $1 million USD only gets you an average of 183 square feet of living space.

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