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1 in 3 person that lives in Monaco is a millionaire… that sounded crazy to me so I decided to fly there and interview the locals to figure out: 1) how they got rich and 2) what itโs like to live in the worldโs wealthiest country.
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I mean my client C probably adds up to about 2 billion but you You’ never know there’s no income tax do you going hat tax we’re doing a documentary for young people about what it’s like in mono fake people only trust people from Monaco I’ve never seen so many insane cars in
Such a small place 70,000 a year just to keep the boat in the slip how much is the FR 850 850,000 so we were just detained by the police all the footage was almost deleted in Monaco it’s probably this is Monaco One of three people here are millionaires so in this video I’m going to be talking to locals about how did they get so rich and what it’s like to live here we’re doing a documentary about what it’s like to live in Monaco you have a great look we have a
Documentary for YouTube we have a a popular okay how’s it to live here how is it to yes sir I would D okay thank you sir he rejected me in the British accent he’s like sir you good friends we’re doing a documentary for young people about what it’s like in
Monaco fake people only don’t trust people from Monaco don’t trust the people of Monaco now there’s conspiracy we’re going to find out people were keeping pretty tight lipped about what goes on here in Monaco and I was starting to get a lot more suspicious but for now I enlisted my Wild Card
Jeremy the producer of the channel who also happens to speak French to see if he could use his vava Voom to find out the juicy secrets of the rich living in Monaco entrepreneur what what did you do before you retired what were you Doing oh he was the Monaco Ambassador in Vatican wow 16 years Jeremy’s French charm and presence seem to be working the locals started to warm up to us on our way to go and talk to more locals we were taken aback by how many luxury cars were just
Casually driving on the road what do you do for a living cool car cool car can’t hurt Lambo another Bentley this is a Bugatti Veron 1.4 million I’ve never seen so many insane cars in such a small place it’s 2 and a half km it’s basically just a few miles
Even though there were supercars at every corner I turned I wanted to see some of the more exclusive cars Monaco had to offer what kind of car is it it’s AAR it’s very particular version that’s why it’s so expensive is it most people that live in Monaco that buy these or is
It like yes yes how much is the Ferrari 850 850,000 yes it’s brand new and uh soft Market while we were in the dealership checking out these cool cars we also ran into someone who was looking at potentially buying that $850,000 Ferrari so we asked him a few questions
What what do you do in Monaco what do you do for work state how much is it for real estate if I wanted to buy a place to become a resident here on the beach 100,000 wow wow wow and then what’s it like to own a Ferrari I’ve never owned a
Ferrari what what’s it you have one yeah what’s that like I have a okay and Daytona a dream to have a and is it as good as the dream yeah if it is also your dream to own a Ferrari or Be Your Own Boss the best way possible to do
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To get started head over to monthly 1kc to sign up and get going after checking out the cars I just had to find out what the people of Monaco were doing differently to afford these crazy cars and a life of luxury do you live in Monaco we’re doing a a documentary about
What it’s like to live here and you have great style so I wanted yeah mon attracts clearly rich people because it is a tax holiday there’s no income tax there’s no inheritance tax so to transfer wealth to a new generation is quite helpful yeah just need to work um
So it’s bit a different world what kind of work so I’m I’m a bar manager you’re a bar manager do you deal with a lot of like these rich clientele people of course every day I mean my clientele probably adds up to about 2 billion but you you’d never know really you’d never
Know at all my idea at first was to uh come over here and I I want to buy my own bar but I I haven’t got my thoughts in it so I was trying to find a solent investor working working in Monaco that’s a smart move so you came out here
To find someone with the money yeah well that’s where it is what’s it like to live here in Monaco it’s great it’s great it’s a holiday every day well what kind of stuff do you do because it’s so it’s amazing to be here yeah it’s amazing I am actually Secretary General
To an association with the prince the president so I I do some uh yes I support the government let’s say of Monica how did you get that job that’s crazy uh many years ago it’s like 11 years that I’m living here so first I was just a
Member of this Association and then I I stepped up and I organize events for them would you recommend people getting into events as a as a career or like what what careers or think would you would you recommend for them no because events it’s a casual category you have
Uh the artistic side you have the marketing you have the organization of course you have the the financial aspect so and it’s fun and you work on projects and you don’t get bored because every time it’s different what kind of stuff do you do in Monaco I was starting to
Work in this beautiful places was one of the fine dining best fine dining restaurant in the world this place yes this one it’s called the L with the chef in 1992 the best restaurant in the world from the CR CR Arrow trib all the guys and there was his guys is the
Famous Che now he the manager all the many restaurant around the world the few the best restaurant here in Asam in monac well it’s you you run restaurants working in theity how is that how do that work working in mon is a beautiful there many of course rich people that come here but
They are very nice people because they want to enjoy they want to relax they want to be safe want to enjoy life like normal people yeah so it’s the right place to be on our way to talk to more people I was Blown Away by the cost of
The real estate here in Monaco check out some of these house prices 4.3 million for a two-bedroom apartment 15 million for 5 bedrooms so with all this wealth floating around I was curious to find out what people did for fun here what brought you here work I work for Tax Consultants International Tax
Consultants what do people do for fun in monac like what do you like doing for for fun there’s the yach club which is uh great by you need to be a member mhip yeah that one how much is the membership has the well I think around uh 30,000 uh
Need to be introduced by a member so it’s not uh money is not enough yach do sound like fun we went to see if we could speak to a Yacht broker and get a mini tour of his million dooll yacht so you said this is 2 and A5 million right
Now or how much is it selling for all right so$ 2 half million but it’s 4 million brand new how much do harboring cost here 70k a year Jeremy he was saying it’s 70,000 a year just to keep the boat in the slip to charg it for a
Week how much is this one this will go for 7,000 a day let’s stay here what what type of clientele you mostly sell these two one of these the owners of this particular not this boat but the same model is a Formula One driver so there are some young buyers out there
What’s the standard commission for like selling a boat between 5 and 10% so it’s kind of like real estate like 6% or something like that after spending more time on the yach we try to get a few more interviews from the locals in Monaco it seemed to be going well what
Advice do you have for your kids or for people starting in their careers work very hard really focus and determination passion without passion you don’t do too much but then we were stopped by a guard who told us it was forbidden to film in Monaco and called
The police on us we had to stop filming because we were detained but I left my mic on for our own safety and so that you could hear what they said when they approached us we have to do this this okay because in in in Monaco it’s all right so we
Were just attain by the police all the footage was almost deleted they swarmed us for filming this kind of video talking to people about what it’s like to be here how do you make a lot of money Germany speaks French they were not aware of that jery what were they
Saying and like what actually went down in Monaco they have their own rules right and so they kept they kept saying that you’re not allowed to film people right and I think I think their fear is that we misrepresent the country he was pushing he was like oh we have to delete
All their footage and stuff like bring let’s bring them to the police office like scare them a little bit is that what he said yeah pretty much he said let’s take them to the office no he was like let’s take him to the office and then the younger guy was like
We can’t really do that right and he was like let’s let’s go let’s he was like pushing they asked for IDs they asked for our parents’ names which is kind of strange uh and I guess you need authorization to even film in public here in Monaco but definitely a first
And kind of like intimidating and scary to think like the flights the hotel all the day the planning and then everything would have just been deleted so I am grateful that uh they didn’t delete everything that we did today if you like this video check out this video right up
Here where we talk to Y owners about how they got rich what they do for living advice for people like you and me make sure you subscribe to the channel if you’re not already Uncle Noah loves you and I’ll see you out there PE
44 Comments
Iโm sorry but if you have to ask how to make a million then they will take it ALL off you before you get there.
Noah. Get out of Monaco. You donโt belong there.
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LOL This is not American son๐what do do for living
-Guy didnt see camera
-still includes video into his stuipid yt
This should force anyone to instantly stop watching
There's a reason why they do not want you to film. There's a lot of corruption and discrimination that goes on there in broad daylight.
one of the main reasons for not being allowed (or deterred) to film is to protect the privacy & security of citizens. it's one of the few places in the world where you can walk around wearing millions of dollars of jewels without fearing being mugged or kidnapped ๐
I agree with the "fake people only", in fact you can speak to any average poor French and you will get the same thing. Hahaha wow old guys is retired, what a wonder. He must be rich ๐ haha, I am retired in mid 30s and I am still not a dollar millionaire. But I know for sure the people in the video ARE really fake, just visitors (poor) and employees (like the hospitality guys, he must have it really hard, with relatively low salaries and high costs) , Monaco residents are not even present in Monacco, much less walking the streets or driving rented car, wake up youtube consumers. If you like these videos you will never become rich.
Now imagine if this was in China and they were stopped by the chinese police for filming. The comments section would be filled with racist brainwashed american zealots bashing China. But because itโs Monaco and has their own rules of no public filming and cops โscaringโ a citizen, then how come that is somehow accepatable here
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
That much for a birthday party ๐ฎ.. I'm almost 40 and I've never had a birthday party, not even when I was a kid. Only once my father bought a cake that's it no party LMFAO
Monaco should join the European Union and become a Spanish Country
Nadie de los peces gordos tatuado, ni con colores estridentes vestido de payasete, ni con degradados, cortes clรกsciso, sobrios, elegantes y dinรกmicos. Sin histrionismo, sin excesos. A todos los pobres vestidos de rapero de videoclip que me veรกis, todo empieza por respetarse a uno mismo.
To little diversity. Some of the boats rescued from the mediterranean should be offloaded there.
5:13 that womanโs name is Isabelle Costa
Probably helps if you dress the part..
100 reasons why America is still the best
I definitely will not visit Monaco.
If people say no to be filmed. You shouldn't post their face and voice
7:02 in the background: These vehicles are my category.
The old man: "It's a tax holiday" instead of tax heaven which is the right thing to say… English isn't my first language and I'm poor but even I died laughing how ignorant he is. Another proof that rich people aren't even skilled or smart.
Noah you smart
Bro casually said that its over 20 million to live on the beach and thatโs starting price ๐คฏ
Good video, I'm new to the world of investments, I've heard a lot about cryptocurrencies, the stock market and other types of investments, and I would appreciate it if someone could guide me to start investing to increase my income
0:44 tinder swindler???!
7.40 i thinks he is dutch๐
Monaco is not country it's a company just like Dubai, thats where dubai got the idea from monaco and switzerland
Been to Monaco twice, couldn't tell you what cars I saw, lol. Pretty boring place.
Woah. Can I film vids or take pics with my iPhone? That's crazy
-Bunch of fake people
-Ambassador of Monaco to Vatican
LOL
the constantly shaking camera is a bad experience… couldn't watch it
The host of this channel got treated the way he deserved. Grateful to the Monaco police for doing their duty
Not paying any tax in Monaco will have helped I am sure.
Noah is amazing. โHow to secure wealthโ
SO MANY SCAM BOTS
Pretty messed up you show footage of people who say they don't want to be on camera or participate
๐ฎ
0:02
These people live in a different world publicity is poison and for the poor.
Man Monaco looks so fake
Seems like the tinder swindler is now checking up older ladies ๐ 0:44
lol nothing but fake material charlatans…bullshit channel too that has nothing but pure waste of time content…also, any smart "rich" person would never buy a depreciative asset…keyword: smart… ๐
Tell them to get richer, I need my options to hit. Monaco stocks are always undervalued.
Having recently sold a property in Portland, I'm contemplating investing the proceeds in stocks. While many claim it's an opportune moment, I'm uncertain: Is now truly a favorable time to enter the stock market? When can we expect a complete recovery? Moreover, I'm puzzled by how others in the same market are achieving gains exceeding $450k within months.