Monaco's Mareterra district made $3 billion profit in six months with Kazakh billionaire Bulat Utemuratov among investors
Monaco's Mareterra luxury district, built on reclaimed Mediterranean land at a cost of $2.3 billion over 11 years, generated $3 billion in net profit within six months of completion, with Kazakh billionaire Bulat Utemuratov among the investors who shared in the returns.