OverviewMonaco, the tiny city-state on the French Riviera, has gained a reputation as the playground of the super-rich. With its stunning views, luxurious lifestyle, and favorable tax laws, Monaco has become a magnet for wealthy individuals and multinational companies. In this article, we will explore the key factors that contribute to Monaco’s exceptional wealth and why it is considered the richest country in the world. GDP ComparisonMonaco’s GDP per capita significantly exceeds that of other nations, making it the richest country worldwide. The high GDP per capita highlights the immense wealth concentrated within its borders.

Source: New York Times July 06, 2023 13:39 UTC