The Globe and Mail reports in its Friday, Aug. 20, edition that Barrick Gold chairman Peter Munk wants to triple the number of berths at a former Yugoslav naval port on the Adriatic Sea as he converts the marina into a resort for rich people. A Bloomberg dispatch to The Globe reports that Mr. Munk has already invested more than $133-million to clean up the "environmental mess" left by Warsaw Pact warships that berthed for decades in Montenegro's Kotor Bay. His Porto Montenegro marina development for "superyachts" and luxury condos will also have two hotels, golf courses, shops and restaurants. The Adriatic Sea coastline of the former Yugoslavia is becoming more popular for tourists as investment raises standards and services. The island of Hvar in Croatia, which the government bills as a San Tropez of the east, is already the haunt of celebrities including Bill Gates and Paris Hilton. With 183 berths and 29 luxury condos, Porto Montenegro will eventually have 630 berths, including 130 for supersized yachts, as well as two boutique hotels, Mr. Munk said. Mr. Munk's co-investors include Jacob Rothschild, Nathaniel Rothschild, Bernard Arnault and Oleg Deripaska.