Patrice Pastor


Patrice Pastor is a Monegasque businessman and property developer. He has been chairman of the Monaco development company J.B. Pastor & Fils since 2002.

Biography

The real estate empire of the Pastor family in Monaco started when the stonemason Jean-Baptiste Pastor created the construction company J.B. Pastor & Fils in 1926. His son Gildo expanded the family business to real estate development. At his death in 1990, the Pastor family owned 500,000 square meters of real estate property in Monaco, a 19-billion euro fortune that was inherited by Gildo's three children: Victor, Hélène and Michel.
Patrice Pastor is Victor's son, and succeeded his father at the helms of J.B. Pastor & Fils after his passing in 2002. He is also the head of Pastor Real Estate based in London. He was appointed President of Monaco's syndicate of construction employers in 2008. He owned 20% of the Monaco soccer club between 2009 and 2012, was the owner of the weekly L'Observateur de Monaco until 2010, and a 5% shareholder of Société des bains de mer de Monaco from 2020 to 2023.
Patrice Pastor acquired several properties in Carmel-by-the-Sea, California, which led to a local feud in 2023 when he requested a Mills Act application for the Frank Lloyd Wright house he intended to renovate. Residents questioned his interest in buying multiple properties in the city.
Pastor was predominant in financing and constructing Monaco's new district on the sea, Mareterra, which Prince Albert II called "our first national eco-district" in regards to the ecological and engineering innovation of the complex designed by architects Renzo Piano, Tadao Ando and Norman Foster.

Controversies

Pastor was suspected of the poison-pen letter-writer being behind the Dossiers du Rocher files, a digital smear campaign targeting Monegasque personalities close to Prince Albert II, especially real estate companies involved in major real estate tenders, which he denied.

Honors