Monaco real estate billionaire Patrice Pastor has said he 'cannot understand' why locals are 'so worried' about him buying up properties in the small village of Carmel-by-the-Sea. Pastor, 51, responded to claims that residents are 'terrified' by his involvement in Carmel, telling DailyMail.com: 'We love the town, and we want to protect its unique history and character'.A row broke out after the billionaire bought another historic multi-million dollar property, meaning he now owns at least 15 homes and businesses with an estimated worth of over $100 million, in the town.
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