Forbes Monaco, the mother of all Forbes

• Published date: 06 October 2021
• Author: PAUL LITMAN
• Publication title: Jerusalem Post, The: Web Edition Articles (Israel)

The combination of Forbes and Monaco renders incredible events and exclusive editorials that none of the other editions can match. After all, where else in the world is there such a high concentration of billionaires and luxury? Though rather small, the principality is home to the highest concentration of UHNWIs on the planet, with 200 + billionaire residents—a number that's projected to double in the near future—1 in 3 residents are millionaires compared to 1 in 28 in London, and 1 in 56 residents has assets totaling at least $30 million. 90 UHNWIs move to Monaco every year, creating a unique market that Forbes Monaco captures with its elevated brand.

Forbes Monaco is the brainchild of serial entrepreneur Luiz Costa Macambira, Swiss lawyer Piere Antoine Racine, and Dutch businesswoman Irina Sak. The group of friends was right on the money when they saw a match made in heaven between the powerhouse media brand name and the glamorous principality. Lead by Luiz Costa Macambira, Forbes Monaco quickly became one of the most influential and powerful media companies in the region. The entrepreneur frequently lunches with local billionaires and socializes with business and entertainment leaders. Just like Luiz, the local community understands that this "heavenly" match has...