The super yacht industry has gone from strength to strength in recent years, and the Monaco Yacht Show has proved to be the natural home for their annual display to would be buyers.
Spotted among possible buyers was British Royal Prince Michael of Kent.
The world's leading luxury yacht show in Monaco held 18-22 September is to pay for 55 wind turbines in New Zealand - enough to generate power for 45,000 homes - making the event 'carbon neutral'.
Under the watchful eye of Prince Albert, the yacht show is part of Monaco's new stance on global warming, and comes shortly after Prince Albert himself travelled to the North Pole in April to highlight the damage he believes global warming is having on the environment.
'Since Prince Albert came to the throne last year' comments Henri Boulanger of Monte Carlo travel guide http://www.yourmonaco.com, 'Monaco has changed her policy from one of the few countries not to sign the Kyoto Protocol to not only signing it but taking a lead in the battle against global warming. Prince Albert has personally taken steps to show how concerned he is, and by setting the example of going to the North Pole has shown the leadership necessary to encourage Monaco companies to become environmentally friendly, and the Monaco Yacht Show is an example of this'.
The Monaco Yacht Show has bult a reputation over the years as the place for the wealthy to view potential purchases, and this year there will be nearly a hundred yachts on display to those able to afford it.
In total some 22,000 visitors attended with over 500 exhibitors from the yachting world exhibiting.
The mix of wealth and Monte Carlo also means that real estate agents in Monaco were on full alert. In previous years the Monaco Yacht Show has often proved more beneficial for the realtors than the Monaco Grand Prix.
The Monaco Grand Prix attracts tens of thousands of Formula 1 fans annually to the principality at the end of May, but with some Monte Carlo streets closed, showing property in Monaco can be more problematic than during the Yacht Show.
Monte Carlo real estate specialists Tribune Properties say that the more relaxed atmosphere of the Yacht Show allows potential property buyers to view properties.
'If someone is visiting Monaco for the Yacht Show and has several million Euros available, it's a pretty safe assumption that those buyers will have a few million for a property too, and a luxury yacht and Monaco Real Estate appeal to the same type of buyer', claims Roger Munns, Tribune's Managing Director.
Typical of Monaco Real Estate prices is a two bedroom two bathroom apartment in Seaside Plaza, close to where the Yacht Show is located, at 3,700,000 Euros.
