Here's what it's like to attend the Monaco Yacht Show — in a country where the poverty rate is 0 — when you are not a millionaire

Business Insider | 10/7/2019 | Katie Warren
brunodeuce44brunodeuce44 (Posted by) Level 3
Click For Photo:

Monaco is a tiny yet lavishly wealthy city-state on the French Riviera.

It has a zero poverty rate, and an estimated one-third of the population are millionaires.

Monaco - Playground - Millionaires - Millionaire

Monaco has been called a playground for millionaires. I am not a millionaire.

At this year's Monaco Yacht Show, an estimated 30,000 people came to see the more than $4.3 billion worth of yachts displayed in the port.

Guests - Yachting-industry - Insiders - Superyacht - Builders

Guests included yachting-industry insiders — including superyacht builders, designers, and brokers — as well as wealthy private clients looking to charter or purchase yachts.

I spent two days at this year's yacht show. It's safe to say that my experience was very different from the experience for millionaires.

Visit - Business - Insider - Homepage - Stories

Visit Business Insider's homepage for more stories.

Allow me to start out by saying this: I am not a millionaire. I am a journalist. And I live in New York City, which means overpriced drinks and food are pretty par for the course.

Week - Country

But I did spend one fabulously ritzy week in a country...
(Excerpt) Read more at: Business Insider
Wake Up To Breaking News!
The American Government, working tireless for everyone, except Americans.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!