French Sketches: Monaco, Onassis, and Prince Rainier
by Paul A. Myers
In 1950, Prince Rainier became ruler of Monaco while shortly afterwards tanker baron Aristotle Onassis sailed in as the city-state’s largest investor. The two men had different visions for Monaco’s future: should it be a haven for the ultra-rich or a tax haven for a rising class of international millionaires? Ultimately, Prince Rainier prevailed; Onassis sailed away to marry Jackie Kennedy.