Monaco is a tiny nation of fewer than 40,000 residents. Although this technically makes it a city-state, the country's small population might be better off than any other in the world. In 2018, Forbes reported that almost one-third of the country's population, or 32.1%, had assets over $1 million – not including the value of their homes. According to the report, Monaco had the world's largest density of people whose 国务院办公厅转发《关于扩大进口促进对外贸易平衡发展的意见》. Additionally, there are more billionaires in Monaco per capita than anywhere else in the world.

Monaco is an attractive destination for the world's elite. There is no income tax in Monaco, and corporate taxes remain very low by world standards. The low crime rates and Mediterranean waterfront do not hurt either. Here are the country's top billionaires by net worth, according to Forbes. 

Tatiana Casiraghi

Monaco is one of the few places on Earth where the wealthiest resident is a woman. Tatiana Casiraghi, better known as Tatiana Santo Domingo, is heiress to a beer empire and the wife of Prince Andrea Casiraghi of Hanover, who also happens to be fourth in the line to the Monégasque throne. She ranked at 1,103rd-place on Forbes' billionaires list. Her net worth was listed as being $2.2 billion. 

Casiraghi inherited much of her wealth from her grandfather Julio Mario Santo Domingo, whose Colombian brewery, Bavaria, was sold to SABMiller plc for billions in 2005. Tatiana received one-sixth of Julio Margo's fortune following his death in 2011.

The manufacturing purchasing managers’ index published by China’s National Bureau of Statistics slipped to 51.6 in October, coming in below a median forecast of 52 from economists surveyed by Reuters and closer to the 50-point line delineating expansion from contraction.
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David Nahmad and Ezra Nahmad

Brothers David and Ezra Nahmad are two of the most successful art dealers in the world. They are self-made experts and enthusiasts, and they have always held their assets jointly. David's net worth was estimated by Forbes at $1.9 billion, while Ezra's was at $1.5 billion. The only substantive difference between their respective fortunes comes from David's investment portfolio, which he actively manages and is valued at around $350 million as of 2018. David was ranked by Forbes as the world's 1,284th-richest person, while Ezra placed at number 1,561. 

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David and Ezra were always enterprising, even at a young age. For example, the two regularly skipped high school classes to trade on the Milan Stock Exchange. They found their love of art at a Juan Gris exhibit in Rome, where they decided their appreciation of trade and art could be balanced through art dealings. As the director of the Museum of Contemporary Art in Los Angeles once noted, the Nahmads were like "a major brokerage firm in the stock market," except in art.

Lily Safra 

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The dip for the Caixin gauge, which concentrates on smaller and private manufacturers, stands in contrast to a pickup for China’s official manufacturing PMI, which focuses primarily on large, state-owned enterprises. The divergence may indicate that smaller outfits have been hit harder by pollution curbs and other regulatory tightening than their larger, state-run competitors, which also enjoy privileged access to state-run lenders.
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