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Forget the Hamptons, Monaco Is Where the Uber Wealthy Will Be This WeekendForget the Hamptons, Monaco Is Where the Uber Wealthy Will Be This Weekend

Formula 1 fans are already well aware but Monaco will be full of the floating rich this weekend.

Davis Janowski, Senior Technology Editor, WealthManagement.com

May 23, 2019

1 Min Read
Monaco Grand Prix
Mark Thompson/Getty Images Sport/Getty Images

For advisors prospecting for super-wealthy Europeans, we have a very good idea where a few dozen will be this coming Sunday.

Sure, in the United States many are preparing for the upcoming Memorial Day weekend. Europe is another story. Millions of European eyes will be tuning in to the Monaco Grand Prix on Sunday, part of the Formula 1 World Championship series of races. The very lucky few will be there in person.

The truly, exceptionally wealthy few, however, will be able to at least stay in their yachts, if not view the race from them. In fact, Lloyd's List Intelligence and its Seasearcher product (a fellow subsidiary to WealthManagement.com under the Informa corporate umbrella) shows over 74 yachts already docked or moored, though more than a dozen of them are too large and are anchored a bit offshore.

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About the Author

Davis Janowski

Senior Technology Editor, WealthManagement.com

Davis Janowski is a New York-based technology journalist whose work spans consumer, business and the FinTech sectors. He has also worked for two FinTech startups and as an industry analyst for market research firm Forrester.