Monaco, MC
scattered clouds
9 ° C
12.8 °
3 °
13 °
15 °
14 °
12 °
11 °
Breaking News

Transport disruptions expected to continue as union strikes roll on throughout France

Prince Albert third-wealthiest European sovereign, reports press

Prince Albert third-wealthiest European sovereign, reports press

By Staff Writer - May 14, 2018

Photo: F. Nebinger/Palais Princier de Monaco
Photo: F. Nebinger/Palais Princier de Monaco

Prince Albert’s wealth has come under the spotlight in a report published by the UK publication Business Insider. According to the business news portal, the Sovereign Prince ranks third in a list of 10 European royal houses, with an estimated net worth of one billion US dollars.

Prince Albert reportedly owns about a fourth of the land he reigns over; the Philadelphia-area home of his mother, Grace Kelly, which he purchased in 2016 for an estimated $754,000USD; an antique car collection; shares in the Monte Carlo resort Société des Bains de Mer; and a pricey stamp collection, all of which contribute to the House of Grimaldi’s net worth, Business Insider says.

The Sovereign Prince is listed behind Grand Duke Henri of Luxembourg, with a net worth of €4 billion, in second place, and topping the list, Prince Hans Adam II of Liechtenstein, with a net worth of €5 billion, much of it in the privately owned bank LGT Group.

Trailing the list of ten is King Philippe of Belgium, with a personal wealth of $13 million.


Sir Stelios joins Giving Pledge, dedicates majority of wealth to philanthropy

Previous articleWoman of the Year award winners announced at Fairmont
Next articleNesting boxes installed in Monaco


December 6, 2019 | Business & Finance

Monaco hosts World Top Model final

Cassandra Tanti

For the first time, Monte Carlo will play host to the World Top Model final, set to take place on 14th December at the Fairmont Hotel.

December 5, 2019 | Business & Finance

Major step forward for gay rights in Monaco

Cassandra Tanti

Same sex couples in Monaco will be able to benefit from a host of legal rights afforded to married couples and their children, under a new Free Union law that has just been passed by the National Council. After reading a very detailed report by Pierre Van Klaveren on bill 974 and the civil contracts of […]

Cassandra Tanti

Princess Charlene of Monaco has shared what life is like raising her strong-willed twins in a new interview published recently. The South African born Princess also revealed that her husband, Prince Albert, is a “fun” father who personally takes his kids to school every day.

Stephanie Horsman

Monaco’s National Day, celebrated on Tuesday, was filled with all wonderful pomp and ceremony the people of the Principality have come to expect, but this year, the crowds had even more. Everyone was positively enchanted by the nearly five-year old princely twins, who adorably made the day. National Day, held every 19th November, is about […]