Monaco's uber luxury hotels, restaurants and casinos justify its image of being the playground of the rich
The words ‘rich and famous’ have long been associated with Monaco. But this honeypot for the super-wealthy began, as nations usually do, with a fair amount of tumult. Following its founding at the turn of the 13th century, Monaco was buffeted for a few hundred years between Italian and French rulers and protectorates before it finally found its permanence as an independent constitutional monarchy in 1861. But its real fortunes began to turn only in the late-19th century, soon after the French casino magnate, Francois Blanc, was invited by Prince Charles III of Monaco to run the country’s first gambling venue.
When Blanc was handed the reins to the casino, he renamed it Casino de Monte-Carlo, after the ward that the transformed olive grove sat upon, and soon turned it into the world’s most-sought-after gambling destination. Its catchier moniker was to contribute to the tiny nation’s rapid ascent as a prized ultra-luxury resort. The Hôtel de Paris, built by Blanc and his wife Marie, was to house and cater to the desires of the casino’s most valued players and the country’s most eminent visitors, which included the likes of the Prince of Wales, Alexandre Dumas, Charlie Chaplin and Salvador Dalí.
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It was a pretty good start to the main reason I was there: To experience another spectacular pairing of sorts. The following day, Bollywood composer and virtuoso Carnatic singer Shankar Mahadevan was to be the star guest performer with the legendary British jazz guitarist John McLaughlin at the Monte-Carlo Jazz Festival. The collaboration was to take place in another iconic building—the Opéra de Monte-Carlo. The gr and concert hall, exquisitely designed by French architect Jean-Louis Charles Garnier, already famous for Paris’s celebrated opera house the Palais Garnier, opened in 1879 as an extension to the Casino de Monte-Carlo, with the intention of offering refined culture and entertainment to the nation’s visitors and high rollers. As I took my place in the 500-seater hall, I felt as if I had time-travelled to a long-past era.
A large chandelier presided over the ornate figures and frescoes that adorned the ceiling and walls. Tightly placed rows of burgundy, velvet-covered seats sat patiently in wait for the audience to occupy them. The band made its way on to the stage to enthusiastic applause—McLaughlin has long been loved in the European jazz scene. The audience sat in thrall as they were treated to an hour and a half of two diverse musical traditions by some of the world’s most proficient exponents of those forms.
Walking along the marina, I gazed at tricked-out yachts. I slurped down fresh Mediterranean oysters on the half shell and chewed on calf’s liver with bacon at the famed Café de Paris while quaffing glasses of champagne with new friends.
At the Casino de Monte-Carlo, I briefly channelled my inner spy—though there were no martinis in view or rogue governments to plot against—given that the James Bond classics Never Say Never Again and GoldenEye were filmed in these hallowed high-stakes rooms. Or was it my imagination stoked by those old-world rooms that once carried the fragrance of Cuban stogies and expensive French parfums? Maybe it was triggered by one of the many cars parked outside that could well have been Bond’s Aston Martin.
As I took in the chill evening air, I could see why anyone with a betting spirit and a bank balance that can handle the stakes would want to return to this haven of luxury, taste and privacy. You don’t even have to set your fortunes on the table. Those 2 sq km contain plenty of ways to slake your most rarefied desires.
(This story appears in the 01 February, 2019 issue of Forbes India. To visit our Archives, click here.)