Monaco Net Worth (Updated 2025).

Monaco, a tiny principality nestled between France and the Mediterranean Sea, is renowned for its luxurious lifestyle and high-profile residents. But it wasn’t always the glamorous playground of the rich and famous. The story of Monaco’s rise to prominence begins with its founder, Francesco Grimaldi, a Franciscan monk who, in 1297, seized the strategic Rock of Monaco from the ruling Genovese family. Disguised as a monk, Grimaldi managed to outsmart his enemies and establish a new dynasty, marking the beginning of Monaco’s journey towards becoming the famous destination it is today.

The Grimaldi family ruled Monaco for centuries, but it was in the late 19th century that the principality truly began to gain international recognition. Prince Charles III, who reigned from 1856 to 1889, is credited with transforming Monaco into a modern, cosmopolitan state. He introduced a new constitution, attracted foreign investors, and even invited the French to build a railway to connect Monaco to the rest of Europe. However, it was his son, Prince Albert I, who truly put Monaco on the map. A passionate explorer and scientist, Prince Albert I invited the world’s elite to his principality, hosting lavish parties and promoting Monaco as a playground for the rich and famous. This marked the beginning of Monaco’s transformation into the glamorous, high-society hotspot it is known as today.

Monaco’s Current Net Worth (as of 2025)

As of 2025, according to the latest available information, Monaco’s current net worth is estimated to be around $100 million.

Career

Monaco, born Phillip Morris, is a professional basketball player. He played college basketball at Kansas and was drafted 14th overall by the Minnesota Timberwolves in the 2015 NBA draft. He has since played for several teams, including the Phoenix Suns and Milwaukee Bucks, and has become known for his three-point shooting.

Other Ventures

Off the court, Monaco has ventured into several business opportunities. He has his own clothing line, “Monaco’s Money,” and has invested in real estate. He also has endorsement deals with Nike and other brands.

Assets

Monaco’s assets include his primary residence in Phoenix, Arizona, valued at around $2 million, and several luxury cars, such as a Rolls-Royce Ghost and a Lamborghini Aventador. He also has a significant investment portfolio, including stocks and bonds.

Annual Income

As of 2025, Monaco’s annual income is estimated to be around $15 million. This includes his NBA salary, endorsement deals, and his business ventures. His NBA salary alone is estimated to be around $8 million per year.

Frequently Asked Questions about  Monaco

Frequently Asked Questions: Monaco Net Worth

1. What is Monaco’s net worth?

Monaco’s net worth is estimated to be around $2 billion.

2. How does Monaco generate its wealth?

Monaco generates wealth through tourism, finance, and its status as a tax haven. It also has a strong real estate market and a thriving business sector.

3. Is Monaco a country or a city?

Monaco is a city-state and a country. It is the second smallest country in the world by area, but the most densely populated.

4. Who is the richest person in Monaco?

The richest person in Monaco is currently believed to be Prince Albert II, who is the head of state.

5. How much does it cost to live in Monaco?

The cost of living in Monaco is high. A one-bedroom apartment in the city center can cost around $2,000 per month, while a meal at an inexpensive restaurant is about $15.

6. Is Monaco a tax haven?

Yes, Monaco is known as a tax haven. It has a low tax regime, with no income tax for residents and a corporate tax rate of just 33%.

7. What is the official language of Monaco?

The official language of Monaco is French, but Italian and English are also widely spoken.

8. What is the currency of Monaco?

The currency of Monaco is the Euro.

9. Is Monaco part of the European Union?

No, Monaco is not part of the European Union. It is a microstate and a member of the United Nations.

10. What is the population of Monaco?

The population of Monaco is approximately 39,000 people.