WHO IS WHO
MONACO BUSINESS DYNASTIES
THE PRINCIPALITY OF MONACO IS NOT JUST ABOUT A WONDERFUL CLIMATE , LUXURY HOLIDAYS , BEST RESTAURANTS AND CELEBRITIES WALKING ITS STREETS . IT IS AN IDEAL PLACE FOR SPROUTING SUCCESSFUL BUSINESSES WITH ITS LENIENT TAX REGULATIONS , SOUND LEGISLATION , INVESTMENT POTENTIAL AND SUPPORT FROM THE LOCAL AUTHORITIES . IT IS FOR A REASON THAT A NUMBER OF MONEGASQUE COMPANIES HAVE BECOME WORLD MARKET LEADERS , SOME OF THEM DATING BACK TO THE 19TH AND 20TH CENTURY .
HELLOMONACO IS INTRODUCING YOU TO THE PRINCIPALITY ’ S MOST FAMOUS BUSINESS DYNASTIES WHOSE BRANDS HAVE LONG GONE GLOBAL .
CAROLI GROUP
Another family business , the Caroli Group ’ s
dynasty has for several decades not only been building facilities that are significant to Monaco ’ s infrastructure , creating a unique industrial landscape within the city , but also takes an active part in the social life of the Principality : organizing international events and publishing magazines .
The Caroli Group was founded by the Italian millionaire Antonio Caroli in the 1970s .
Over the years , the Caroli Group has built the chic La Réserve de Beaulieu & Spa in Beaulieu-sur-Mer , the Monte- Carlo Palace , Soleil d ’ Or and Terrasses du Port on the Côte d ’ Azur . In 1973 , the Caroli Group built the Le Mirabeau residence and two years later completed the Hôtel Loews , known as the Fairmont Monte-Carlo now . It is in front of this popular hotel that drivers make a steep turn on the world-famous circuit during the Formula 1 race . The company includes in its portfolio around 52 buildings and two museums totaling around 300 million euros .
Fairmont Monte-Carlo hotel
The son of the founder , Francesco Caroli , did not stop at solely running his father ’ s construction business but established new companies under the Caroli Group brand . The group now includes an apartment rental , construction and sales agency , the private security company Sécurité Privée Monaco , a media company that publishes magazines about politics , economics and sports , L ’ Observateur de Monaco and Monaco Hebdo , and an advertising agency that organizes events quite important for the Principality such as Monte-Carlo Gastronomie .
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Caroli Group has constructed many buildings in the Fonvieille district , one of the more prestigious sectors in the Principality . https :// www . groupecaroli . mc /
© Groupe Caroli
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Antonio Caroli