Monaco: The Velvet Vault Where the World’s Money Goes to Tan
MONACO—If you squint from the terrace of the Hôtel de Paris, the principality looks like a Fabergé egg that learned to walk. Two square kilometers of cliffside tax efficiency masquerading as a sovereign state, Monaco is what happens when a spreadsheet buys a yacht and decides to declare independence. The locals—those 38,000 humans and at…
