Meet The Monaco Members Of The Three-Comma Club
There are more billionaires and millionaires in Monaco per capita than anywhere else in the world
The Principality of Monaco is a tiny city-state of fewer than 40.000 residents and has the world's largest density of people whose net worths qualified them as millionaires and billionaires. In 2018 Forbes reported that almost one-third of its population or 32.1% had assets over $1 million – not including the value of their homes.
THE 2020 LIST
Monaco’s Richest
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With a net worth of €17 billion ($19.5 billion), the Hinduja Family is listed at #55 on Forbes 2018 "The World's Billionaires" and #4 on "India's Richest 2018: The Top Ten Billionaires".As a senior member of the Hinduja Group, Shanu S.P. Hinduja is Vice-Chairperson of Hinduja Bank in Switzerland, Chair of the Hinduja Foundation US, and Co-Chairperson and Director of Hinduja Global Solutions Inc
Former chemical engineer James Ratcliffe is the founder, chairman and majority owner of chemical powerhouse Ineos Group. The London-based conglomerate produces everything from synthetic oils and plastics to solvents used to make insulin and antibiotics. It has also become one of the largest players in the U.K. shale sector after entering the market in 2014.
Stefano Pessina heads the world's largest drugstore chain, Walgreens Boots Alliance. Pessina bought over 1,500 rival companies across Europe, merged his UniChem Group with Alliance Boots and took it private in a $22 billion deal. Between 2012 and 2014, Walgreens bought 100% of his pharmacy chain, creating Walgreens Boots Alliance.
Eyal Ofer inherited part of his late father's shipping empire in 2011 and has expanded the holdings significantly.
An heir to a Belgian sugar fortune, Eric Wittouck is a descendant of the family that founded Tiense Suicker.
Simon Reuben shares a real estate, technology and investments fortune with his brother David Reuben.
Rybolovlev's fortune comes from Uralkali, Russia's largest producer of potassium fertilizers. He sold his stake for $6.5 billion in 2010
Sol and Eddie Zakay are chairman and deputy-chairman of Topland Group, an investment group with a substantial real estate portfolio.
An accountant by training, Farhad Moshiri once worked for such firms as Ernst & Young and Deloitte Touche. After meeting Russian billionaire Usmanov in the early 90's, he became his minority partner in several projects.
Maria Franca Fissolo is the widow of Michele Ferrero, who built Ferrero Group into one of the world's leading sweets companies
Megadealer David Nahmad with brother Ezra owns a stockpile of modern and impressionist art, stored in a duty-free warehouse in Geneva, Switzerland
Billionaire heiress Tatiana Casiraghi joined Monaco's royal family in 2013 after marrying Andrea Casiraghi, reportedly second in line to the throne.
Together with brother David, Ezra Nahmad is an international megadealer of modern and impressionist art, which they trade mostly at auction.
Manfredi Lefebvre d'Ovidio is the executive chairman of Silversea Cruises. In 1994, his father started the cruise line in Italy with two ships.
The son of a Greek Cypriot shipping magnate, Stelios Haji-Ioannou gets the bulk of his fortune from his stake in budget airline easyJet.
Clelia Haji-Ioannou is the daughter of Loucas Haji-Ioannou, the late Greek Cypriot shipping magnate.
In 2010 David Yakobashvili together with his long-time partner Gavril Yushvaev and other shareholders sold the biggest Russian food producer Wimm-Bill-Dann (WBD) to US PepsiCo. For his 10.5% stake in the company Yakobashvili got more than $600m. He invested the money among other projects into Petrocas Energy Group: 135 gas stations chain in Georgia, Armenia, Azerbaijan and Kazakhstan and two oil terminals in Georgia ? in Poti and Batumi. In the end of 1980s became partner of Yushvaev. They own together popular casinos and dance clubs in Moscow. Yakobashvili married Yushvaev's niece. Yakobashvili has a collection of self-playing music instruments - pianos, grand pianos, street-organs, etc.
Polys is the son of Cypriot shipping magnate Loucas Haji-Ioannou, who at one point owned the largest private tanker fleet in the world.
Alexander Vik comes from a wealthy family of fur merchants and has dabbled in everything from closed-end country funds to insurance and tech startups.
Malkin built his fortune in the banking sector, notably with his business partner Bidzina Ivanishvili. The two men founded Rossiysky Kredit, which was the third largest Russian bank until the financial crisis of 1998. He officially retired from business in 2004, when he became a member of Federation Council, representing the east Siberian republic of Buryatia (from 2004 to 2013). In 2012, headed a delegation of four Russian senators in Washington lobbying against the Magnitsky Act. Vitaly Malkin and his colleagues tried to convince American senators that Sergei Magnitsky was a criminal and that he died from pancreatitis.