But despite its small size, the country attracts individuals with big pockets. Nicknamed the "Billionaire's Playground," Monaco is home to roughly 40,000 residents.

Together with Keeper Security

The Billionaire's Playground

Location pin

Monaco

category-color image

History

|

12 Interesting Country Nicknames, Explained

Monaco is the world's second-smallest country by area, covering a total land area of just over 0.77 square miles.

But despite its small size, the country attracts individuals with big pockets. Nicknamed the "Billionaire's Playground," Monaco is home to roughly 40,000 residents. Of those people, over 27,000 have a net worth in excess of $1 million USD, according to a 2022 report, and 208 of them have a worth in excess of $30 million. While there are technically only three billionaires living in Monaco, it is still the country with the highest number of billionaires per capita. Monaco is also home to the world's most expensive real estate — according to a 2023 Knight Frank Wealth Report, $1 million USD only gets you an average of 183 square feet of living space.

Keep Reading

Together with

Business Password Protection You Can Trust

Don't let password vulnerabilities threaten your business. Keeper Security provides comprehensive, business-grade password management designed to protect your company's sensitive information. New customers can secure their data with 30% off the business starter plan for the first year, ensuring peace of mind at a reduced cost.

Learn More

Thank you for supporting our sponsors! They help us keep Daily Passport free.

Keep exploring

The Best Times To Buy Holiday Airfare

While it's unlikely you'll score the cheapest fares over holiday periods, timing is everything when it comes to booking flights. Find out what the data tells us about when you should plan to buy your holiday airfare.

Read Article

Blurry Borders & Strange Sinkholes: 6 Unusual Coastlines to Visit

Some coastlines have geographical quirks and geological mysteries that aren't easily explained. From a coastline with a jarring time zone difference to a mapping mistake that causes blurry border boundaries, here are six of the world's weirdest coastal regions.

Read Article