USAPolitics
Aristocracy
- Joined
- Aug 9, 2013
- Messages
- 129
- City
- Washington, DC
- Country
- United States
PA has the deed but I doubt selling the palace would be acceptable to the Monagasques. PA probably pays the rest of the family out of the 14 million. Monaco's gross domestic product is around 1.4 billion euros; which is huge for a country of 35,000 people. Whatever they get paid they earn. Monaco has the highest standard of living in the world. Even free basic cable tv. Besides PA actually runs the country; unlike most European monarchies. I think Leichtenstein is the only other European country where the monarch is actually the ruler. The rest are rulers in name only.
True, but 14M is a lot. The President of the US doesn't make nearly that amount--not even $1M. And he runs the govt of the most powerful country in the world.
No judgement, I'm just curious about how this works in Monaco and a bit astonished. Interesting that he has the deed to the palace. Do you have a source for that info?