Thursday, April 23, 2026
Antibes at a Crossroads: The Push to Create a Safe Haven for the City’s Queer Community
Record-Shattering €471 Million Deal: Ukraine’s Richest Man Buys Into Monaco’s Most Exclusive Address

Yes, it’s true.
In a transaction that has sent shockwaves through the global luxury real estate market, Rinat Akhmetov—Ukraine’s wealthiest individual—has acquired a sprawling ultra-luxury apartment in Monaco for an astonishing €471 million. The deal, centered in the principality’s newly developed Mareterra district, is being described as one of the largest residential property sales in history.
A Mega-Property in Monaco’s New Billionaire Playground
The apartment itself is nothing short of extraordinary. Located in the flagship “Le Renzo” building within Mareterra—a high-profile development built on land reclaimed from the Mediterranean—the residence spans roughly 2,500 square metres across five floors.
This is not just a home; it’s effectively a vertical palace. The property reportedly includes:
21 rooms
sweeping sea-facing terraces
a private swimming pool and jacuzzi
at least eight parking spaces
All of it perched along one of the most coveted stretches of coastline in the world.
Mareterra itself, inaugurated in 2024, represents Monaco’s latest evolution—an ultra-modern eco-district designed to attract the global elite. Built over more than a decade, the project has added precious new land to one of the smallest and most expensive countries on Earth, where space is the ultimate luxury commodity.
A Deal Years in the Making
While the scale of the purchase is only now becoming public, the acquisition was actually finalized in 2024 through Akhmetov’s holding company, System Capital Management (SCM).
SCM has confirmed investment in the Mareterra project but has remained tight-lipped on specifics—unsurprising given the discretion that defines Monaco’s high-end property market.
The details emerged through property records and leaked documentation reviewed by journalists.
Who Is Rinat Akhmetov?
Akhmetov is not new to headline-making real estate deals. The Donetsk-born billionaire built his fortune in steel, energy, and industry, and remains Ukraine’s richest man, with a net worth in the billions despite significant losses tied to the war with Russia.
His portfolio already includes some of Europe’s most prestigious properties—from London’s One Hyde Park to the famed Villa Les Cèdres on the French Riviera. This latest purchase in Monaco cements his position among the world’s most aggressive buyers of trophy assets.
Monaco: Still the World’s Ultimate Safe Haven for Wealth
The deal underscores Monaco’s enduring status as the pinnacle of global luxury real estate. Despite increasing scrutiny over financial transparency and money flows, the principality continues to attract billionaires seeking stability, security, and favorable tax conditions.
Prices in developments like Mareterra can exceed €100,000 per square metre, with demand driven by extreme scarcity and global wealth concentration.
A Symbol of a Wider Trend
Beyond its headline-grabbing price tag, the purchase highlights a broader shift: ultra-prime real estate is increasingly functioning as a global asset class for the world’s wealthiest individuals.
In a time of geopolitical instability and economic uncertainty, properties like this are more than luxury homes—they are stores of wealth, status symbols, and strategic investments rolled into one.
And in Monaco, where land is finite and exclusivity is absolute, the price of entry just keeps climbing.
Wednesday, April 22, 2026
Festival de Cannes Unveils Official Poster for 2026 Edition
Top Marques Monaco 2026: Where Luxury, Power, and Spectacle Collide
The 2026 edition of Top Marques Monaco 2026 isn’t just another supercar showcase—it’s shaping up to be a full-scale statement about where luxury mobility, design, and excess are headed next. And if the organisers deliver on what they’ve announced, this could be the year the event firmly reclaims its reputation as the most outrageous (in a good way) automotive spectacle on the planet.
Held at the Grimaldi Forum from May 6–10, with an ultra-exclusive preview on May 6, the 21st edition arrives riding the momentum of record attendance and sales in 2025.
Under the patronage of Albert II, Prince of Monaco, the show continues to blur the line between exhibition and marketplace—where multimillion-euro deals are casually signed between champagne pours.
Bigger, louder, and unapologetically excessive
This year’s numbers tell the story: more than 235 vehicles spread across 11,500 square metres, making it the largest edition in the event’s history. But scale isn’t the real headline—it’s what’s filling that space.
Top Marques has always leaned into spectacle, but 2026 doubles down with 16 world and European premieres, turning Monaco into a global launchpad for next-gen performance machines.
Among the standouts:
A next-generation Audi RS5 plug-in hybrid blending combustion muscle with electric performance
The extreme Krafla hypercar pushing over 2,000 horsepower
New entries from emerging luxury disruptors like OQTA and Zeekr, signalling a serious shift toward electrified ultra-luxury
Legacy brands—Bugatti, Pagani, Maserati—return to anchor the show, but the real energy comes from the mix of newcomers and niche manufacturers trying to outdo each other in engineering bravado.
Customization takes center stage
One of the clearest signs of how the industry is evolving comes in the form of a first: an entire hall devoted exclusively to high-end tuners. What was once a niche corner of the show is now front and centre.
Heavyweights like Mansory, ABT Sportsline, and Techart are no longer fringe players—they’re shaping the conversation. For ultra-wealthy buyers, owning something rare isn’t enough anymore; it has to be unmistakably theirs. The headline-grabbing Mansory Carbonado X, built on the Lamborghini Revuelto, embodies that shift perfectly. It’s not about preserving a manufacturer’s vision—it’s about pushing it into something louder, sharper, and undeniably personal.
Put simply, the future of luxury performance isn’t just about speed. It’s about identity—and sometimes, pushing taste right to the edge.
Beyond the supercar bubble
Top Marques has always flirted with the broader luxury world, but 2026 makes it official: this is no longer just a car show.
Motorcycles, once an afterthought, now command serious attention, with participation more than doubling. Prestigious names like Brough Superior and Richard Mille are driving high-end collaborations that blur the line between engineering and art.
Add in classic cars, elite craftsmanship, and even curated private collections, and the identity of the event shifts. What you’re looking at now is less a traditional auto show and more a full-spectrum luxury showcase—part exhibition, part marketplace, part status theatre.
Turning spectators into participants
Another notable change: the audience finally gets a say.
With the introduction of the Top Marques Awards, visitors will vote on standout entries, from Supercar of the Show to Best Luxury Tuner. It’s a subtle tweak, but one that reflects a broader shift.
Even in a world built on exclusivity, passive viewing isn’t enough anymore. Experience matters. Interaction matters. And increasingly, the spectacle surrounding these machines is just as important as the machines themselves.
Why 2026 actually matters
Top Marques Monaco has always marketed itself with a simple promise: “See it, drive it, buy it.” But in 2026, it’s evolving into something more strategic.
It’s a launch platform for emerging electric luxury brands trying to crack Europe
A testing ground for extreme engineering concepts that may never go mainstream
And increasingly, a cultural event, sitting somewhere between an auto show, an art fair, and a billionaire networking hub
In a world where traditional motor shows are shrinking or disappearing, Top Marques is doing the opposite—going bigger, louder, and more unapologetically elite.
And honestly? That might be exactly why it’s still thriving.






