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  1. Barrick Gold founder Peter Munk is selling his last significant investment, Porto Montenegro, the superyacht marina and resort that he built as a Mediterranean rival to Cannes, to Investment...

  2. Apr 1, 2018 · Peter Munk, the Canadian entrepreneur and business magnate who established Porto Montenegro, died on March 28. He was 90 years old. Born in 1927 in Hungary, Munk and 13 family members fled to Canada in 1944, when Nazi Germany invaded.

  3. Jul 27, 2022 · In 2007, a group of investors led by Canadian entrepreneur and business magnate Peter Munk bought the land and news of his vision to transform the former Yugoslav naval base into a luxury marina raised eyebrows. Munk saw the clear opportunity to tap into the growing luxury yachting industry.

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  4. Mar 15, 2014 · The vacations in Klosters, which the Munk family considers home, and Montenegro will get longer. The transition could save his life or kill him. Mr. Munk is 87 and has been equipped with a ...

    • Eric Reguly
  5. Aug 29, 2014 · The ribbon-cutting ceremony for the opening of the five-star $60-million Regent Porto Montenegro hotel. VERI VEROZA/The Globe and Mail

  6. May 6, 2016 · TIVAT, Montenegro (AP) — Canadian billionaire Peter Munk has sold his majority stake in Porto Montenegro, one of world's largest marinas for super yachts, to Dubai's sovereign wealth fund for...

  7. May 8, 2016 · Porto Montenegro was conceived and developed by Canadian entrepreneur Peter Munk, founder of Barrick Gold of Toronto – the world’s largest listed mining company – who, with an international group of investors led by Lord Rothschild, envisioned and financed the transformation of a derelict naval base into a major yachting destination.

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