Logan Weaver Profile picture
Jul 19 19 tweets 7 min read Read on X
This country was a worthless piece of rock in 1863.

Today, it has more millionaires per square foot than anywhere on Earth.

How? A desperate prince made ONE deal that changed everything.

Here's how a dying country became the ultimate wealth magnet:🧵 Image
Image
This story starts with a broke prince in 1860.

His tiny country was dying. Only 1,000 people lived there.

No money. No industry. No hope.

He had one last desperate idea to save his kingdom.
Build a casino.

But not just any casino, he would use ALL the gambling profits to fund his government.

This meant he could do something revolutionary: Abolish income tax forever.

The gamble worked:
Rich Europeans flocked to his casino.

They loved gambling tax-free.

Soon, wealthy families started moving there permanently.

Within 10 years, a dying country became Europe's playground.

Welcome to Monaco:
Today, the numbers are staggering:

- One in three residents is a millionaire.
- Average property costs €52,000 per square meter.
- That's more expensive than Manhattan penthouses.

But here's the secret: It's not just about the money you save. Image
To become a Monaco resident, you need:

- €500,000 minimum deposit in a Monaco bank.
- Proof of €2+ million net worth.
- A clean criminal record.
- An apartment (starting at €2.8 million).

But the real barrier? There's barely any space left.
The country is 0.78 square miles.

Smaller than New York's Central Park.

You can walk across the entire width in 45 minutes.

Yet 40,000 people live there.

Here's how the wealthy game the system:
British billionaires can spend 90 days per year in the UK without paying UK taxes.

Monaco is 1 hour flight from London.

Work 4 days a week in Britain, live tax-free in Monaco.

The math?
Formula 1 drivers like Lewis Hamilton pay zero on their winnings.

Tennis star Novak Djokovic keeps all his prize money.

30% of Britain's billionaires have already moved.

But it isn't just about hiding money:
It's about protection.

- One police officer for every 100 residents.
- Very low crime rate.
- Complete privacy from media.
- World-class healthcare and schools.

Ultimate security for ultimate wealth.
The social benefits are massive:

Your neighbors are billionaires, royals, and celebrities.

A casual elevator ride could close a $100 million deal.

Access to wealth that money can't buy anywhere else.
Companies get the same treatment:

Pay zero corporate tax if 75% of revenue comes from Monaco.

No dividend tax when distributing profits.

No capital gains when selling the business.

The ultimate business paradise. Image
Monaco cleaned up its image in 2009.

They signed transparency agreements with major countries.

- Share financial information on request.
- No longer on any international blacklists.
- Legal tax optimization, not tax evasion.

But how do they make money? Image
Monaco makes billions from:

6% property transfer taxes.
20% VAT on luxury goods.
Corporate taxes on international businesses.

They don't need income tax when everyone's buying €10 million apartments.
The waiting list to live there is years long.

Real estate prices rise 40% per decade.

Demand far exceeds supply.

The ultimate status symbol: A Monaco address.

Once you're in, you never leave.
Here's what most people miss:

Monaco isn't just a tax haven.

It's a lifestyle upgrade, networking goldmine, and wealth preservation machine all in one.

The ultimate example of how geography shapes destiny. Image
Image
The lesson for investors?

Smart money doesn't just chase returns.

It builds systems that protect and compound wealth automatically.

Just like Monaco's residents automate their tax savings.
Investors:

Tired of timing the market and second-guessing trades only to buy high and sell low?

Our platforms have already helped over 40,000 investors automate their investments.

We have over $150M in assets under management.

Sign up for FREE here:

app.surmount.ai/signup
That's it. Thanks for reading.

Follow me @LogWeaver, for more stories like this.

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More from @LogWeaver

Jul 7
This man is insane.

- Lost $70 billion in one day.
- Finished high school in 3 weeks.
- Was the richest person alive for 3 days.
- Threatened to set himself on fire to win negotiations

Here's the story of the craziest billionaire (and why his fund is leading a revolution): Image
Meet Masayoshi Son.

Born to Korean immigrants in Japan in 1957.

Classmates threw stones at him for being different.

At 16, he decided to prove them all wrong.

He moved to California with broken English and a big dream:
Son finished high school in 3 weeks.

Not 3 months. 3 weeks.

He took every exam needed to graduate from Serramonte High School.

Then enrolled at UC Berkeley to study economics and computer science.

His professors had never seen anything like it... Image
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Jul 5
The most powerful family today isn't the Trumps or the Rothschilds.

It's a family that avoids interviews and stays off social media COMPLETELY.

Yet almost EVERYONE uses their product daily.

Here are the top 10 most powerful and richest families: Image
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10/The Rothschilds

They were the wealthiest private family during the 19th century.

Today, they're still worth billions, nobody knows exactly how much.

But how?

In 1815, Nathan Rothschild heard about Napoleon's defeat at Waterloo first.

What he did next was genius:
He dumped stocks publicly, causing mass panic.

Then quietly bought everything back at basement prices.

One day of trading made them Europe's richest family.

But that's not the craziest story:
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Jun 30
These twins were the original founders of Facebook.

Then Mark Zuckerberg stole their idea.

While everyone thought they were finished...

They orchestrated the biggest revenge act in history.

Here’s the crazy story of the $3 TRILLION revenge play: Image
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Let's go back to 2003...

Cameron and Tyler Winklevoss had an idea:

A social network for college students called ConnectU.

They needed a programmer.

Enter Mark Zuckerberg.

The twins hired him to build their site.

Big mistake...
While Zuckerberg worked on ConnectU, he was secretly building his own version.

He called it "TheFacebook."

Same concept. Same target audience.

But he cut out the twins completely.

February 2004: Facebook launched.

The Winklevoss twins were furious:
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Jun 28
This hedge fund had Nobel Prize winners and "risk-free" strategies.

- 43% annual returns
- $125 billion in positions

Then Russia made an announcement...

And overnight, they needed a $3.6 billion bailout to save the global economy:🧵 Image
Long-Term Capital Management launched in 1994.

Founded by John Meriwether, former Salomon Brothers bond king.

But the real star power?

Two Nobel Prize-winning economists: Myron Scholes and Robert Merton.

Their pitch was simple: "We've solved risk."
The strategy was called convergence trading.

Find tiny price differences between similar bonds.

Buy the cheap one, short the expensive one.

When prices converge, profit guaranteed.

The math was bulletproof. Or so they thought. Image
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Jun 25
1 in 7 adults is a millionaire in Switzerland.

That's 5x higher than the US.

For the last week, I researched their wealth-building habits.

Here are 7 ways the Swiss think about money to become richer than you: Image
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Switzerland has 14.9% millionaires.

The US? Just 6%.

But here's the crazy part:

Switzerland doesn't even crack the top ten for average income.

So, how do they create so much wealth?
Secret #1: They use multiple banks

Smart Swiss millionaires don't put all their eggs in one basket.

International banks for investments.
Local banks for daily transactions.
Private banks for wealth management.

Risk management 101. Image
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Jun 14
This tiny, unknown country was the 2nd richest on Earth.

Everyone owned luxury cars, took expensive holidays, and never had to work.

The best part?

Everything was free.

But then it all vanished...

Here's the brutal story of how ONE mistake turned a paradise into hell: Image
Meet Nauru.

A tiny island in the Pacific, northeast of Australia.

Population: 10,000.
Size: 8 square miles.

In the 1970s, their GDP per capita hit $50,000.

5x richer than Switzerland.
6x richer than the United States.

What made them so wealthy?
One word: phosphate.

In 1899, a geologist discovered 80% of their island was covered in this "super fertilizer."

Foreign powers started mining immediately.

The native Nauruans? They got nothing.
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