All about Albert II, Prince of Monaco and his net worth

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Prince Albert II is also a keen sportsman
Prince Albert II is also a keen sportsman

PRINCE Albert II became Sovereign Prince of Monaco in the French Riviera following the death of his father in 2005.

He is the son of iconic American movie star Grace Kelly and Prince Rainier III, and is one of the wealthiest royals in the world.

Monaco's Prince Albert II attends the Saint Jean procession in Monaco June 23, 2011 eiqriqetitdprw
Monaco's Prince Albert II attends the Saint Jean procession in Monaco June 23, 2011Credit: REUTERS/Eric Gaillard

Who is Prince Albert of Monaco?

Prince Albert II is the reigning Prince of Monaco, home of the super-rich, and the head of the princely house of Grimaldi.

He is the second child and only son of the late Prince Rainier III and Grace Kelly.

He has one older sister, Princess Caroline, and one younger sister, Princess Stéphanie.

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Prince Albert succeeded Prince Rainier after his death in April 2005, though he had been assisting his father in conducting the affairs of State since 1984.

His accession to the throne wasn't celebrated until July 2005, after an official period of mourning.

Prince Albert studied at Amherst College and has a degree in Political Science.

What is Prince Albert of Monaco's net worth?

Prince Albert reportedly has personal assets valued over $1billion, making him one of the richest royals in the world.

His large net worth can be attributed to his shares in Societe des bins de mer de Monaco, which operates Monaco’s casino venues, and owns land in France and Monaco.

Prince Albert II of Monaco and Princess Charlene of Monaco at Westminster Abbey during the Coronation of King Charles III and Queen Camilla in May 2023
Prince Albert II of Monaco and Princess Charlene of Monaco at Westminster Abbey during the Coronation of King Charles III and Queen Camilla in May 2023Credit: Mark Cuthbert/ Getty

How old is Prince Albert of Monaco?

Prince Albert was born in 1958.

He turned 65 on March 14, 2023.

On his big day, he made an appearance on the palace balcony accompanied by his wife Charlene Wittstock.

Their two twin children, Hereditary Prince Jacques and Princess Gabriella, were also there to celebrate the occasion.

Is Prince Albert of Monaco married?

Prince Albert married former Olympic swimmer Charlene, who now goes under the title Charlene, Princess of Monaco, in 2011.

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The wedding took place at the Prince's Palace of Monaco and people enjoyed a two-day public holiday for the celebrations.

The Princess of Monaco, who was born in Zimbabwe and spent some of her childhood in South Africa, was famously pictured crying after the ceremony, which she later attributed to the event being "so overwhelming," in an interview with The Times.

Charlene was spotted tearing up on the day of her wedding ceremony
Charlene was spotted tearing up on the day of her wedding ceremonyCredit: Getty

Does Prince Albert of Monaco have any children?

Prince Albert has four children from three different relationships.

Jazmin Grace Grimaldi and Alexandre Grimaldi-Coste were born before he tied the knot to Charlene.

The couple share two children, twins Gabriella Thérèse Marie and Jacques Honoré Rainier.

They were born on December 10, 2014.

What does Prince Albert of Monaco do?

Monaco is a small city-state tax haven on the French Riviera where 32 per cent of the population is made up of millionaires.

Prince Albert gets to decide which of the rich and famous are allowed the privilege of becoming a citizen in his country, as part of his role as the reigning Prince.

He and wife Princess Charlene are often pictured attending star-studded charity galas such as the Monte Carlo Gala for the Global Ocean.

The gala takes place each September during the Monaco Yacht Show and guests have included Katy Perry, Orlando Bloom, Leonardo DiCaprio and Madonna.

They are known to take regular ski holidays in Switzerland and also enjoy the best seats in the house at the Monaco Grand Prix.

What sport did Prince Albert of Monaco play?

Prince Albert is a keen sportsman and has represented Monaco in the Winter Olympics.

Olympic success runs in his family as his mother's father, Jack Kelly, Sr., and brother, Jack Kelly, Jr., rowed for the US in the Olympics. 

Prince Albert II of Monaco, Princess Charlene of Monaco, Princess Gabriella of Monaco and Prince Jacques of Monaco attend the Sainte Devote Rugby Tournament on April 22, 2023 in Monaco
Prince Albert II of Monaco, Princess Charlene of Monaco, Princess Gabriella of Monaco and Prince Jacques of Monaco attend the Sainte Devote Rugby Tournament on April 22, 2023 in Monaco

Kay Lockett

Monaco, Net worths, Monaco Royals, Foreign royals, Explainers, EVG

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