28 photos show how the 1% live it up at the Monaco Yacht Show, from cruising in on helicopters to partying aboard multi-million dollar yachts

Monaco is a magnet for the wealthy and the elite thanks to its glamour and affluence.Every September, Monaco hosts the Monaco Yacht Show, the world's biggest superyacht event.The Monaco Yacht Show welcomes yachts larger than 300 feet ' as well as the 1% who come and shop for them.Monaco is the world's second-smallest country, but only literally speaking. Once you get inside its .75 square miles, it's larger than life. A magnet for the 1%, the French Riviera city-state has a worldwide reputation for glamour and affluence.In fact, one in every 56 people who live in Monaco has a $30 million net worth, and the price of prime property there sells for $9,000 per square foot, according to Wealth-X's World Ultra Wealth Report. When you couple such wealth with a prime location on the Mediterranean, it's no surprise that Monaco is also an iconic superyacht hub.In addition to several events associated with the rich and famous, such as the Monte-Carlo Rolex Masters and the Monaco Grand Prix, Monaco is also home to the Monaco Yacht Show ' the world's biggest superyacht event. Set to take place from September 26 to September 29, it's right around the corner, with yachts larger than 300 feet lined up waiting for prospective owners to buy.From parties to the yachts themselves, here's how the 1% makes the most of the Monaco Yacht Show.SEE ALSO:Rich people are descending on Southern France for the Cannes Yachting Festival, where Bugattis are everywhere and the Champagne never stopsSEE ALSO:I spent 3 years writing about yachts, and owning one takes way more money than you thinkThis year, the Monaco Yacht Show takes place from September 26 to September 29 in Monaco. Tickets for a one day pass cost '280 ($328) online or '300 ($352) in person.Instagram Embed: //instagram.com/p/BlFbCqHANkR/embed Width: 540pxSource: Monaco Yacht ShowIt's arguably the most prestigious and high-end superyacht show of the year ' 40 new superyachts are expected to make their worldwide debut this year.Instagram Embed: //instagram.com/p/BnN8pEiFrSY/embed Width: 540pxAround this time, the 1% descend upon Port Hercules in Monte Carlo in search of the perfect yacht. Here's how they spend their time there.Instagram Embed: //instagram.com/p/BnlHvvwgl1_/embed Width: 540pxSee the rest of the story at Business Insider
Click here to read full news..