Piers Morgan On Monte Carlo

right I want you take Lancer you'll watch it as I'm doing this in real time just a few seconds ago we entered Monica there's the world famous harbour with all the expensive yachts the monte carlo casino and the hotel de perry where Frankston our cheese and lox swords were there all flame all around it lies France but in just a few seconds that's it that was Monaco it was literally as small as London's Hyde Park the Monaco has always punched about his size the last 50 years has been the most glamorous the most star-studded and the richest place on earth monaco may be minuscule but thanks to the Grom free Grace Kelly and the superstars who flock here is that a big reputation that's transformed it to a land where money is king how much is this gonna cost me 1 million one hundred thousand euros that view is worth about 30 million pounds yes half a billion to spend your the man absolutely the place is crawling with millionaires more in fact for a square meter than anywhere else on the planet there's probably two thousand of millionaires and how many billionaires 50 most of them are lured here by his tax haven status so are these mega rich how do they spend their time and their money do use that jacuzzi mower yeah something not naked I hope of course and just how many zeros do you need on your bank balance to live this lifestyle you are really James Bond none but does wealth equal happiness everybody believes in money and like a kind of a religion what about those who don't have quite so much spare change I think a lot of people who are workers are being squeezed out Monaco doesn't often open its doors to the cameras but I've been given a unique opportunity the scratch beneath the surface and ask how this tiny limpet of land on France's underbelly from from seaside resort for idle Arabic rats to playground paradise the absurdly if you're a rich Brit with cash to spend and taxes to avoid the monaco is definitely for you after all why did the British government get their filthy Falls and your hard-earned cash will you just splash it all out on flash cars helicopters big yachts it don't just have millionaires in Monaco they have billionaires and lots of them likes to Philip green the British High Street King he lives with his wife Tina around the corner here they're so rich that they lend their private helicopter to Prince Albert then there's like colorful characters Stella awesome easyJet he's worth a billion and lives just down there and John Hargreaves the boss of Matalin worth about half a billion what might surprise you is they don't live in huge sprawling country homes or palatial villas no big gardens here they're sent me no room in Monaco they all live in relatively small apartments the kind of thing that are to be honest you might turn your nose up at why are these multimillionaires prepared to slum it in a sea front shoebox well a Monaco address goes hand-in-hand qualifying for tax-free status some in the rich rather like because it means they get richer consequently the literally queuing up to Guinea course that means a property here hasn't exactly been rocked by the credit crunch just how much do you need to fork out for a quality pad you're one of the big players it's sad of what we wing to see king of real estate Michel daughter is taking me to see a little something of the Prime Minister prime locations but stay watching because it's price tag might make your eyes water so here we are we're in one of Monaco's best apartments how many rooms does this apartment have okay this flat there's a big living room dining room full bedrooms so we come stairs yeah if you want yeah what makes this place unusual is that it has two levels another something that in Monaco is hard enough I'm at a copy of Socialist Worker outside space I mean what a view this has to be the best view in Monaco Michelle yes this is the best view of Monaco because you are facing the palace and you are directed to the South which means then you got Sun from early morning until the end of the day with the Monday I'm on the Grand Prix song is you can just stand and watch the cars go yes you can see the Formula One Grand Prix is seated in your rocking chair and every cup of Champa let's cut to the quick here Michelle how much if this apartment went on the market tomorrow how much will it be where it will be roughly 60 million pounds for a four-bedroom duplex for a four-bedroom duplex how much of that 60 million for this property is the view would you say I would say more than 50 55 so that view is worth about 30 million pounds yes that's an expensive view is it expensive you is that what the people they like to have you luckily it's really cloudy and with average prices of 40 thousand pounds per square meter it's the most expensive place to live in the world clearly there's no financial meltdown here smack bang in the center of Monaco is the most famous area Monte Carlo home since the early 1900's the legendary monte carlo casino and the hotel de perry five-star of course it's a place to see and be seen but naturally it's here that I headed to lunch with expat millionaire Mike Pegram and here we come if you're going to lunch at the Hotel de Pury eight years ago Mike's oldest chemical business in England 44 million pounds given up sticks to Monaco now serving himself capital gains tax at around 13 million quid and that's what you call a shrewd move it is impossibly glamorous here there's been Rolls Royces Ferraris Aston Martin's Lamborghinis that's a little getting used to I think you'd get into the swing I feel you'd be quite net daddy I think I love it if you fancy Mike's lifestyle and make a fortune become resident in Monaco spend less than 90 days a year in the UK a bingo tax bill is zero it's what the 2000 Brits here might call don't pay as you earn do you think that it is a very glamorous place or doing a slightly overdone the glamour at all well what does is I say that mother cow it's anything that money buys Monaco delivers very well whether it's five-star hotels restaurants we've got a very nice cultural life as well I'm a friend of the Opera friend of the orchestra on the other hand the last three weeks I've been to Diana Ross Celine Dion and Katy Mellie I suppose it does make being exiled in a self-imposed tax prison slightly more bearable what's more do a five-year stretch in Monaco and you're then free to return to the UK keeping all that tax that you save Mike loved it so much so that he stayed on in many ways you epitomize the glamour of the Englishman who's come to live in Monaco the Aston Martin your debonair you wined and dined in the fancy restaurants I mean you are really James Bond on you oh they're so that I could tell you then I'd have to kill you okay my point I'm gonna bait was it it does seem to me if you want to be in in the game if you wanted wine and dine with people like yourself you want to go to the casino you want to go to the big shows you've got to be fairly seriously well-off I would say comfortable I think you need to be comfortable but what would you think you'd need to really be a good cushion ten million yes probably you could manage on that if you exclude the money you've got tied up in property 10 million should get you by yeah yeah adequate you think it's comfortably and the odds-on highlights learn again tragically I don't have that kind of funny coming up I'll find out what it cost it on the yachting set I always say to people never spend more than ten percent of your net worth on buying a yacht now the pace of life in Monaco is changing fast due to many par cars the size and I'll get the business lowdown from a real dragon there has to be a price for being successful piers and maybe Monaco is the prize so Monaco is a tax haven with more millionaires per square meter than anywhere else in the world and on the planets most expensive property market a room with a view will set you back an arm a leg and most of your torso how did this pocket sized principality get to be such a big player when no one buys an eyelid at 10 million just how much cash do you need to stand out in the crowd the crucial thing about yachts is that size really does matter that's about a fifty five metre yacht pretty big pretty imposing that's a bit bigger bad-girl 60-yard meters i would say but in all honesty that's not a yacht that is a yacht at 105 meter lady Mora dominates the harbour and when she was built for Saudi businessman in 1990 she was the biggest yacht in the world today she's worth 250 million pounds what you might call a floating asset the size really matter it only matters up to the point that you might want to have something a bit bigger than your next-door neighbor and of course the annoying thing is if your next-door neighbor build something bigger then you've got to build another one and just like you one certainly does everything a maquette mister known locally as mr. yacht is the leading boat broker in town he's your man if you're after something nautical but nice harbour is astonishing I like some of the more expensive high-end propositions that we've got the big boat coming into the harbour right now and the new cost of a boat like that today is between say 40 and 45 million euros really I always say to people never spend more than 10% of your net worth I'm buying a yacht so you should be worth a lot of money to buy one of those four hundred million yeah we do you know it yeah say a half a billion it's an easy round figure so I got half a billion to spend you're the man absolutely oh you've got more to spend and as the critic crumbs bites around the world is there much sign of it in monaco harbour i think the honest answer is no at the moment there's not i mean i think it would be foolish for me to say that there will never be any sign of it but you know even if you look back into the 1930s and the height of the recession there rich people were spending a lot of money and the fact is the rich like spending money when other people are not spending it to be in the game where I come in and blow everybody away in this Harbor what do I need to bring to you let's start you off maybe a very nice secondhand yacht budget and let no no no no hang like brand spanking I taught you whatever I want to be the second or third thing I want to be the big bright I want to be the whale of this line if you want to be the whale then I think you should be looking at a budget a well in excess of 100 million today I think we can make you respectable for about 15 million I've never had any desire to be respectable they let's just get the wallet out and talk talk some big yachts come perched on a rock overlooking Monaco is the home of his greatest asset the royal family Grimaldi's are ruled here pretty much continuously that they seize the fortress over 700 years ago 650 of those years were spent in relative anonymity but in 1956 but then ruler prince rainier the third married Hollywood movie star Grace Kelly in a fairy tale wedding that was washed around the world by 30 million viewers it was a PR coup of the century overnight the Golden Age of Monaco took off and it went from obscurity to a brand that became synonymous with glamour and elegance grace gave Monaco the cachet the money just can't buy it ended in tragedy 26 years later when the car that grace was driving buns down a cliff but her legacy lives on through her children princesses Caroline and Stephanie and the current rule of Prince Albert Albert now 51 succeeded his father in 2005 his photo hangs in every public building because his law but because the people genuinely believe he is the key to maintaining Monica's future if you want to try and understand the difference between Britain and Monaco then look at two copies of newspapers today one's a Daily Mail from back home knives why no part of Britain is safe and then we turn to the local paper the nice matter Monaco Edition which has as its main story a couple of ballet stars page three is series of pictures of glamorous yachts in the harbor and my favorite stories on page five a 94 year old local resident who's gone hang gliding of course as always the weather aboard sunny for months according to this there is simply no crime at all in Monaco that's because security is absolutely paramount here with roughly one police officer for every 62 residents and with hundreds of security cameras in CCTV heaven every single big entering Monaco is scanned by computer to keep out the criminals it's also spotlessly clean the streets are scrubbed every morning lots of splashing out on the Versace gown Jimmy Choos you can turn around town without fear of stepping in something untoward I mean what's the point of spending your billions on the best that money can buy if you can't show it off this is just a typical jewellers what shop in Monaco and to give you some idea of the extraordinary prices you get here look at that watch at the top there nice sort of jewel encrusted watch for the Blackstrap when I first saw that I thought it looks pretty good maybe thousand euros mm maybe it was really expensive five thousand euros let me tell you what that watch actually costs 1 million euros the flash watches here a 10 a penny well 10 a million as our Ferraris and Lamborghinis so what do I really need to get noticed in Monaco so Bruno look I want to buy a new car I need one that fits my personal brand what would you suggest hello I have one girl for you it's an tips on our car it's a big achieving wrong exceptional is almost an understatement Bugatti Veyron at a top speed of 253 miles per hour and is the most expensive car in the world forget this you're a six of them currently registered in the square mile of Monaco I suppose look the real question Bruno is how much is this gonna cost me it's one minion 100 toes on Europe without tax what 1 million one hundred thousand euro without at exactly the same price as the watch the car suddenly looks a bit of a bargain and you can't do me this gun I know no sorry for this car it's a fictional to have one car available in the market well Bruno yeah you got a deal ok thank you very much right I've bought the best car the best boat the best watch and the best pack I've spent a hundred and sixty-two million pounds of the process but it's all been worth because now I'm the daddy or am i one man who can put things in perspective in James Caan and Dragons Den he's becoming here on business for over ten years recently invested in Ovilus a Monaco company that specializes in providing luxury travel for the mega wealthy how competitive is it down here because you meet a very rich guy and he's got a billion in the bank and then Philip green walks around the corner he's got four biggest summon the guy with a billion suddenly feels rather rather cheap and poor I think everything beyond a hundred million peers is actually irrelevant if you've got a hundred million there is only so much you can do I mean how many mobile phones can you carry I mean you say that but take Roman Abramovich that's his boat there okay and he's parked in aides around the corner from Monaco because it's simply too big to get into the harbour now he's got three like that and he's building an even bigger watch the world's biggest yacht and you can't help thinking that the only reason he's doing this is to be top dog shop that concept of competition exists amongst probably the world's 50 richest people yeah and of course at that level it's about the biggest private plane the biggest yacht the biggest mansion but I think for us mere mortals for the mere hundred million bracket that's right it's a different game and remember Pearson in Monaco there's probably two thousand millionaires I mean two thousand millionaires it's a reasonable number and how many billionaires I would say probably now 50 50 billion yes absolutely no two thousand millionaires in a population of 35,000 which is obscene so the last question I have for you is having heard all this how do I get to the hundred million someone well on his way to that hundred million mark is my mordant nice racing driver he came here six years ago who made his fortune in marketing around Formula one and it's one of those rapidly becoming the new face of Monaco very rapidly due to many Park cars decide now if we were driving along in your white Lamborghini in England probably most people would look at you in your shades looking fit and tanned and in your white shirt think it's awesome to be honest with you miles over here I've noticed as we drive around it's a very different kind of non envious environment as men it's one of the positive aspects of living down here you can have a car that you like you love driving you enjoy and there's not some kind of horrendous envy from everyone unlike some low miles isn't here to spend spend spend he's hoping to make make make and seize Monaco is one big business opportunity it used to be elderly couples retiring here and that's not what it is now I mean art you know I find the place stimulating I think it's a real hotbed of entrepreneurs now you know a lot of the people you rub shoulders with they're interesting guys Samar's let tell me where Monaco begins and ends here it's probably actually about 60% of what you see there so it's actually a stripper on the left hand side so all the tall buildings you see are in Monaco so that actually gives you a perfect line along the back and then comes back in so most of what's going on up the hill that that's not actually Monaco up front it's France does that tall building towards the back is where Monaco ends yep so if you rented a flat in that building you could live five meters the other side of it and pay a tenth of price but you wouldn't be looked after in the same way as a non Monaco Monaco resident read the safety have you ever seen a fight in a bar no this seems to be something about Monaco I think when people come to Monaco you know they understand it just has this persona and people seem to raise their behavior they also have some interesting rules here you can't walk around the streets of Monaco with no shirt on so I don't know I think your mentality things like that if you nip them in the body they don't start you know and people always seem very very well-behaved and respectful what occurred today does seem like utopia for those who can afford it that is the credibly back in the mid 19th century the country was on its knees one of the poorest places in Europe a lot Rokia than utopia its Savior was the building of the Monte Carlo Casino in 1863 within just a few years but generating so much money but Monica was able to abolish income tax and there's further protection for the Monegasque saz those born and bred here and known it's illegal for them to gamble in their own casino two perfect examples of how the house always wins inside there are six exquisite gaming room if you're a high roller monoplane secret there are plenty of private gambling dens behind mirror panels I'm here to meet professional gambler John Duthie now John you have actually won a million pounds in one session Avenue yeah a stupid question what does it feel like to win a million funny enough when I won it it didn't really strike me and then suddenly when it cleared my account I just suddenly realized you know it's a very large sum of money you know you can take a lot of pressure off but in the end like all casinos they win of course I mean that's the risk you take when you come in to exceed obviously you're a big gambler you've been in Vegas all the big hot spots what does the Monte Carlo Casino mean to all gamblers worldwide because it must still retain a slight magic tip well it does cuz this is really where it all started you know everything about Monaco is it's just luxury you know you just feel you're sitting in luxury you know everything the chips that the personnel the way you're treated the you know outside there's something very very special about it you know it sir it really is a mecca for gamblers I love these chips are all very colorful and glamorous and sort of they look like nice little toys then of course you look at something like this and that says 200 thousand euros yeah so if I was to put that there that is two hundred thousand euros yeah okay I've emptied all my piggy banks it's time to try and find out what it's like to win Millions in front of me I actually have chips to the value of a million euros and I'm gonna put the whole lot awesome again right it's double or nothing two million in blood battle tickle is yes in there thank you very much really because I don't like my chips please on the surface molecule looks like a gamble is more than paid off there are two sides to every story so I'll be venturing into the less salubrious neighborhoods other people's dirts you watch sitting and a building site personal space seems to be less important in for me to put it mildly I'll be asking if Monica can cope with the influx of even more money sir nationalities coming in and prepared to pay any money to get an apartment stupid money and I turn to the dark side there's an awful lot of hawkers here stay up into the wee hours and you'll find plenty going on in moniker of ass ass cafe rock singers racing drivers and the odd Hollywood star all to all rub shoulders with the more one of the mill millionaires there's a party hard fueled by firework and blaze bottles of vodka and champagne but a thousand pounds of pop just across the road at the main concert venue Mick Hucknall of simply read is intact performing a dinner show it's all a far cry this days on the grimy UK club scene Mick's been coming here for the past 15 years and as something of an outsider's take on Monaco life I met him at the adjoining Monte Carlo Bay Hotel I could never imagine you living here maybe not my scene I'm proud to say I've always been the British taxpayer and that's that's just the way this will be the total antithesis of everything you savage I have I have ground to solve enjoy in a kitchen a way you know my favourite one is there is the Jack Nicholson quote I thought sums it up he was better than anything he just said it's got Alcatraz for the rich you should call it money Carla because everybody believes in money like a kind of a religion and it's it's a different world I mean do you find it quite obscene really in a in a weird way that it's just so money centered here I see it now is more kind of amusing now super pretty supposed to be inhabited I don't know yeah I strip do you think people here are happy many of the people I've met I would say absolutely not there's a lot of old guys a with very young girls and and if they're not hookers they're they're on a wage other ailment what they won't call an allowance and they usually end up in the separation with an apartment and a car and then they move on to the next guy or as Jackie Mason most the next Mook you know so it's really that's that to me is kind of the rhythm of this place in a lot of ways of course there are perfecting families here and everything like that but I'd say there's old there's an awful lot of hookers see Monaco certainly fits the bill is a simple party playground for the rich playboy millionaire it's for the temptation and fast living I wondered what does that leave the X Y to be traded in for a younger model well to my surprise divorcees Lavinia and Junie have a refreshingly sanguine attitude the way that things seem to work down here what is the average day like for ladies like you and Monica what do you actually do all day he breaks on a beach personally I do quite a lot in normal circumstances you've both been tremendously good catches but over here that's been brutally frank about it the older guy who may normally be very attracted to your charms has his head turned by this stream of young women from Russia and Eastern Europe and so on is that because that what goes on here probably if I was a man I'd do that too legit you don't break me not really I think if they're on the second shop they probably want to go but where is love in all this live in it I can't jump into their heads some of these girls are very very educated people probably they're very entertaining as well and they've got one life to lead I'd probably want to rich younger anyway I'm not getting a feeling either of you feel particularly like you're missing out not know if there is a lot of sex going on it's gonna have to be confined to pretty small bedrooms because the main downside of life in Monaco is on lack of space and with more millionaires you can shake a stick at clamoring to get in every inch is worth a fortune down there is Phan VA the most exclusive part of Monaco with its amazing apartments it's fabulous waterside restaurants the obligatory luxury yachts it's where David Coulthard lives and the property and newspaper tycoons of Berkeley brothers the most extraordinary part of Phan VA is it until the early 70s that was all see it just didn't exist by reclaiming more land Monaco is hoping to create many more fond B A's in the future but until they do places to live are gonna remain pretty hard to come by consequently finding some others actually for sale is easier said than done and that's why 70% of people in Monaco rent the coup de Mille likes of Shirley Bassey Ringo Starr and even Monica's richest resident Sifl in green they all live in apartments that will set you back a tidy 25 thousand pounds a month much as I'd like to live next door to our show with prices like that I wonder whether a starter flat at the lower end of the market would be the smarter option miles Morden's our marketing millionaire this diamond is one around carp to me to see something in a lesser part of town come on in prepare yourself come on through to the lounge the view is sumptuous I mean yeah all the reasons on the French Riviera I think other people's deaths you watching and a building site personal space seems to be less important here for me to put it mildly miles is converting this studio into a one bed flat to make it more desirable here's your expansive kitchen before 105 how much are you asking for this this is for sale for 1.5 million euros you're joking no no serious yeah and I think it'll actually go fairly quickly 1.5 million euros yes over 1.2 million pounds for 47 square metres of luxury Monaco is already the most expensive country in the world to live in adding Russian oligarchs heating up the property market and rents soaring and you'll understand why the work is here on average wages just over two thousand pounds a month I started to complain mr. Brian moved to Monaco the 1970s have set up his catering firm selling posh nosh to rich hours to crass and though they don't eat dogs that's just Lulu don't like you Brian you're not a rich man I guess compared to most of the people who live in Monaco you're what I would call one of the work work are you being slowly squeezed out by all this new money I think a lot of people who are workers are being squeezed out 20 years ago 25 years ago workers lived in Monaco now they don't live in one they can't afford they can't afford to because you've got certain nationalities coming in and prepared to pay any money to get an apartment stupid money you could never afford to buy an apartment or a worker could never or to buying a bomb so obviously they live over the border that brings its repercussions in the sense that we get drowned with traffic at nine o'clock in the morning you know when I first came here you didn't have a Russia now you have a rush out what do you think it'll go bright in 5-10 years Monica I just hope they don't get swamped by traffic and too many people because that to me will take a lot of the charm away a lot of the charm was based around the fact that it was to a certain extent a village atmosphere that you could go down the road and you can you ten people as you walk down the road the fact that you knew the local policeman now you don't get that situation consider this every day 40,000 workers stream over the border from France into Monica a thousand tourists pop in to clog up the streets and the almost daily cruise ships dumped 2,000 passengers a time via the sea route great for the economy maybe there's no doubt that Monaco's character is feeling the strain forgo residency and their tax-free status and live just a stone's throw into France and you'll get anywhere up to 10 times as much bang for your buck supermodel and Monica resident to raise a max over took me to see a friend's house just 20 minutes from Monte Carlo but you've got a huge family it will have over there Wow yeah this now this is my kind of place clearly my charm and wit left a tongue-tied don't worry we'll forgive you look at this because of you look at the room you can swing a cat in here or or a supermodel you can play your cards right you can have kids you can yeah it's a bit early for us but lovely the kids we really just met I mean the choice is very simple to me you either live in this or you live in a tiny little box in Monaco in the heat with no pool no garden probably no supermodel girlfriend for 60 million I'm doing the maths here Theresa and it's not good for Monica you know right and the great thing about it is if you have a problem with your computer you've got the number two at Microsoft living next door it's evening I have a hot date with Theresa back in Monaco what she's letting me tag along the exhibition of photos by ex Rolling Stone Bill Wyman and it's just one of an endless stream of mingling celebrity bashes and fundraisers that take place on a daily basis in Monaco you look really close you see Charlie just yeah Bill's in town to perform for Prince Albert at the annual Red Cross ball one of the events that last year helped Monaco raise an estimated 100 million pounds of charity to raise ease the scene here help raise money for the two RAZR MAXX / foundation our own children's charity back in the Czech Republic so how much have you raised for your fund a I don't know 3 million euro okay it's a lot of money yeah somebody well trying them yeah trying to work my bed sorry yeah it certainly is that to be fair you can't get a more target which environment is this kind of event typical moniker kind of thing I think you get a lot of different events you get art you know exhibitions you get photography exhibition I think there's a lot of little little different things then with no motorcade fanfare or 21-gun salute Prince Albert turned up at our small gathering in a small shop on an ordinary Street it was remarkable to see how accessible he is You certainly have extraordinary society here is little respect amongst the people for each other and you should be very proud of what you've achieved your mother would be very proud of you Hilda it's always emotional to think back on yours with her and micro to be primary I love it she would thank you very much thank you like it coming up why do fast living celebrities find living in Monaco so appealing when I was taking that sort of party to London you know you spend a night with someone and before we know it I'm on the cover of the newspaper and in search of billionaires I get aboard the yacht where Dodie and Steiner spent their last holiday she was there basically ten hours if somebody Monaco Grand Prix is the most glamorous motor race in the world and David Coulthard has won it twice quite aggressive on acceleration When in Rome and all that use the horses incredibly glamorous when you come through here we're in a racing car it's just the ultimate glamorous property and everything that Grantham should do you can't be started in 1929 as you can see was as bombers then and it is now okay well maybe not it was a long time ago what is true is that it instantly captured the world's imagination and today is broadcast 400 million people for Monaco's image it's a marketing gem I've got us on behalf of every tabloid newspaper thank you for everything you did for us because you were you were perfect you were the racing driver who liked spending money partying and lots of pretty girls it was great it was fantastic because you had the safety of being able to go out enjoy yourself enjoy all the trappings of success but knowing that you're only one kilometer from your apartment if you needed to head home quickly and knowing that you weren't going to to get into too much trouble whereas when I was taking that sort of party to London you know you spend a night with someone you think you're not hip nothing more over and then before you know it I'm on the cover of the newspaper so here you are very committed to the hairpin I think we may actually get some spooning of the Tyra's here that's very impressive you thought you we're gonna hit the van well you can leave it knows it boys I thought the van was in your blind spot dave is now retired from Formula One and sees his future settle here running his businesses like his hotel had to happen he nearly hit my hotel for days although attractive made me buy the tax savings David also came here with a privacy to Falls you see a Monaco the police operated zero tolerance policy on paparazzi so he can do whatever he likes and no one will be any the wiser given that slow racing drivers now big celebrities worldwide is it is it quite nice to better live in relative anonymity Liam absolutely it's a totally unique I've never seen anything like this anywhere in the world there is no paparazzi you know I went to Santa Fe yesterday and happy nights everywhere now you might say well let's go into the internship be well what I should be it should just be another place where you can go and hang out and have fun with your friends Monica they're not here therein lies a conundrum anonymity won't do for the young fame-hungry mob without incoming a b c and d Lister's they need the paps as much as the perhaps need them and so are heading elsewhere monikers lost its crown is a happening in place the 24-hour non-stop celebrity drip-feed culture of today just doesn't fit here I think this wall and the American Bar the Hotel de Parys sums up what's happened with Monaco all these pictures were taken here David Niven Orson Welles Errol Flynn Marlena Dietrich Peter Sellers some of the biggest stars in entertainment history all very refined and elegant and beautifully dressed Monaco has changed because the nature of celebrity has changed it still got it but it hasn't got that so while the patents are in San Tropez is shooting Paris Hilton that she accidentally goes out without any underwear on here in Monaco there he stars being captured on film are the cards time to find someone who's experienced both old and new Monaco I didn't have to look far more des nearby and the harbour is the yacht the diner and dodi famously spent their last holiday on and on board is equally famous and seriously wealthy owner Mohamed al-fayed and circling us the sailing boat that was once Dodie's pride and joy you use that jacuzzi mark yeah something it's not making her home you like the track no no a camera will have the only barrel air bikinis this is the big commander yes you would you ever drive yourself out sometime yeah but it's very complicated you know electronically noble yes amazing this is easy boss work yes fantastic 25 billion really yeah you eat little right so you're not to damage mother's experience we're on your boat I've been the entire week in Monaco trying to find a genuine bona fide a stinking rich billionaire and here you are thinking what I didn't know about you yet was that Monaco is actually a very special place to you yeah you've been here over 40 years that's right as a resident and your boats moored in the harbour and in those early days it was it was impossibly glamorous I mean you had Liz Taylor Richard Burton used to more their boat next to yours yeah and you were you were there you were part of that absolutely absolutely I mean Grace Kelly was there with the ritual and Elizabeth what was she like Grace Kelly spectacular worn very human down-to-earth always laughing great sense of humor in many ways the parallel with Grace Kelly and Monaco it's very similar to the effect that Diana had on England both ended in tragedy obviously but you knew them both very unusual Italy absolutely having gates Kelly just very very ordinary person people love that Diana was a for me as a saint you know she's just a spectacular woman again god bless that with so many humanity and caring and is a memory for me when I come I just still feel their soul still moving around the place Diana loves Diana George showing everywhere you know and her favorite place is up there she was there basically ten hours a day somebody talking what do you think the future of Monica is going to be Mohammed I think we'll stay it was safer than we've been here for 200 years and then also for Prince Albert you know his loved his head by the people they no one will dare to do anything to that place because he's so popular he's incredibly popular yeah Grace Kelly have put in her case she loved him she cared about him she give them a lot of principle in life and she grew up with this quality which she have and is that blessing for Monica that she was here I married Brittany this was tremendous so what have I learned about Monica well it's very clean there's no litter or graffiti the Sun always shines the little crime to speak of and it's very private when I space it the main reason that most people live here is to avoid paying tax that kind of sticks in my gut in a bit to be honest I mean after all I pay tax and so do most of you but before I went back to the world of pollution paparazzi freezing rain and PA ye this question still bug me if I turn once again to drag and James Caan for the answer there'll be lots of people watching this program who will be thinking these pastors why should they not pay any tax like me well let's be honest piers the choice that they took is a choice that's available to everybody yeah but James come off it look it is not openly available to 95% of the British population to come out live in Monaca apart from the lsat cross all would break the bank there has to be a price for being successful piers you know what's the point in working so hard all of your life if there isn't a prize at the end and maybe Monaco is the prize any is a pretty good prize for that reason I mean

Channel: Vadim M.

Views: 2,460,153

Rating: 4.6788774 out of 5

Keywords: Piers, Morgan, On, Monte, Carlo, luxury, ferrari, lamborghini, yacht, lifestyle, supercars, monaco

Id: E9iXG4Rkdv4

Length: 46min 0sec (2760 seconds)

Published: Sun Apr 03 2011

Reddit Comments

[u/AlasondroAlegr3]

Yeah, that needs a Piers Morgan warning. C'mon dude, exposing people to that much slime without a warning is not cool.