Monaco billionaire developer says he's bailing on Carmel-by-the-Sea, a 'strange community'
- Posted on August 16, 2025
- By Los Angeles Times
- 2 Views

Monaco billionaire developer says he's bailing on Carmel-by-the-Sea, a 'strange community'

Patrice Pastor, a Monaco billionaire who has bought more than $100 million in property in and around Carmel-by-the-Sea, says he's fed up with the city's nitpicky delays.