Monaco's 'octopus billionaire' Patrice Pastor agrees to allow public access to iconic California cliff after buying $100M worth of properties in seaside hamlet where locals fear he wants to 'crush everyone'

New Photo - Monaco's 'octopus billionaire' Patrice Pastor agrees to allow public access to iconic California cliff after buying $100M worth of properties in seaside hamlet where locals fear he wants to 'crush everyone'
Monaco's 'octopus billionaire' Patrice Pastor agrees to allow public access to iconic California cliff after buying $100M worth of properties in seaside hamlet where locals fear he wants to 'crush everyone'

A Monaco billionaire dubbed 'The Octopus' for his tightening grip on a historic California village has promised public access to a Big Sur landmark with one of the 'best views in the world'. Property magnate Patrice Pastor has spent $100 million buying more than a dozen iconic homes and locations in the picturesque village of Carmel-by-the-Sea. Some locals have been left 'terrified' at the power he now wields in the town and the prospect of being priced out of the homes and businesses they have owned for generations.
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