What Really Happens Inside Monaco? | Full Documentary

Monaco is not the world's richest country & it is the world's most smartly positioned one. In 1297, Francois Grimaldi disguised himself as a Franciscan monk to capture a Mediterranean fort, beginning 700 years of unbroken Grimaldi family rule over a 2 square kilometre territory with no oil, no agriculture, no factories, and no room to expand. In 1848, when the towns of Menton and Roquebrune revolted and Monaco lost its agricultural revenue, Prince Charles III did not raise taxes; he identified a demand that France and Germany had made illegal: gambling. In 1863, he established SBM and built the Monte Carlo Casino not as a business but as a customer acquisition model to bring European aristocrats inside Monaco's borders. In 1869, he abolished personal income tax. In 1929, he launched the Formula One Monaco Grand Prix. In 1956 Prince Rainier III married Hollywood actress Grace Kelly in a wedding that MGM Studios filmed like a Hollywood production, watched live by 30 million people worldwide, permanently repositioning Monaco from a gambling destination to a symbol of royalty and global elite status. Watch the full documentary to understand why zero tax, a famous casino, and a beautiful coastline are not what make Monaco unique and what the actual product is that every billionaire is buying. ----- Listen our Documentaries on Spotify: https://spotify.openinapp.co/2xsdx Join our Whatsapp Channel: https://wa.openinapp.link/iszsm Mangesh Shinde Shorts:    / @mangeshshindeshorts   Instagram : @thewillpowerstar   / thewillpowerstar   Facebook : Mangesh Shinde   / thewillpowerstar   LinkedIn : Mangesh Shinde   / mangesh-willpowerstar   About : The WillPower Star creates detailed, in-depth documentaries that go beyond the headlines. We explore deeply into the topic, gather all the data, analyze every angle, and present a complete, well-researched Documentary, so you don’t have to spend hours searching for answers. The WillPower Star is created by Mangesh Shinde. He is also the Co-founder & CEO of WillStar Media. Visit the home page of The WillPower Star for more Documentaries.