Breaking News

Non-resident tests positive for Covid-19 on 30/5 bringing confirmed number to 99: 90 cured, 1 hospitalised in ICU, 1 resident death, 3 non-resident deaths

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.


READ ALSO

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

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

daily

Stephanie Horsman

The Princess Charlene of Monaco municipal swimming pool is to remain closed for the summer after a ruling by the new La Turbie municipal council this week.

0
June 3, 2020 | Local News

You’re up kids!

Cassandra Tanti

After two weeks screening residents for Covid-19 antibodies, Tuesday was an opportunity for Monaco’s youngest to take advantage of the government’s mass testing campaign.

0
Cassandra Tanti

When Covid-19 stepped in, luxury wedding planner Muriel Saldalamacchia stepped up, developing protocols to help the government lift a ban on weddings and eventually restore a €10 billion industry.

0
Stephanie Horsman

After weeks of debate and uncertainty about timings and legalities, the French application StopCovid was launched Tuesday for both Android and iOS devices.

0