Hollywood legend Michael Douglas was awarded the prestigious Prince Rainier III Award by Prince Albert II of Monaco during the Princess Grace Foundation-USA’s 40th Anniversary Gala in New York. The glamorous evening celebrated four decades of supporting emerging talent in theatre, dance, and film, with Douglas receiving the night’s highest honour.
The milestone awards ceremony was held on 23rd October at The Pierre in Manhattan, celebrating 40 years of grant-making by the Princess Grace Foundation USA.
In a touching moment, Prince Albert II personally presented Douglas with the award, speaking of the actor’s longstanding connection to Monaco’s princely family. “Michael and his family’s commitment to philanthropy echoes my family’s own dedication,” said Prince Albert. “I am delighted to present him with this year’s Prince Rainier III Award.”
Douglas was visibly moved, saying, “What an incredible honour it is to be the recipient of this year’s Prince Rainier III Award. I’ve always been a fan of Grace Kelly’s iconic screen work – as were my parents – and I cherished learning about my dad’s friendship with Princess Grace during their Hollywood days and beyond. I’m humbled to have had the opportunity to continue that family friendship with Prince Albert II of Monaco over the years. And so, to receive this esteemed award is extraordinarily special.”
The gala attracted stars from the worlds of theatre, film, and dance. It also celebrated the 2023 and 2024 Princess Grace Award winners, recognising their artistic contributions and potential.
The event featured performances including the song ‘I want to go to Monaco’ by Carly Hughes, previously performed by Liza Minelli at the 1985 Princes Grace Awards Gala, and the live auction of a rare Cartier necklace worn by Princess Grace, highlighting the timeless allure of Monaco’s legacy.
Reflecting on the foundation’s milestone anniversary and the 900+ grants given since it was established, its president, Diana Kemppainen, said, “To honour the outstanding artistry and give-back of the legendary Michael Douglas and The Douglas Foundation at such a milestone event, marking the 40th anniversary for the Princess Grace Foundation, is extraordinary on so many levels. We are honoured to host a legendary event celebrating luminaries whose giving will continue to foster future talent for generations to come.”
Among the guests were Prince Albert II’s daughter, the actress and singer Jazmin Grace Grimaldi.
Michael Douglas is donating his grant to The Douglas Foundation, founded by actors Kirk Douglas and his wife Anne Buydens Douglas in 1964. Its mission is to support a variety of causes, including healthcare, education, the arts, and improving the welfare of children.
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Main photo of Prince Albert II with Michael Douglas during the gala awards ceremony, credit: Patrick McMullen