A peek at life of billionaire Prince Albert of Monaco, who rules over a tiny city state on the French Riviera
Prince, 61, who came to the throne in 2005, married former Olympic swimmer Charlene Wittstock in 2011 and the couple have a twin son and daughter
Monaco, a tiny city state on the French Riviera, is one of the wealthiest nations in the world. Up to 32 per cent of the population is made up of millionaires.
Known as a “billionaires’ playground”, Monaco is famous for its lavish wealth, casinos and glamorous events, such as the Monaco Yacht Show and the Monaco Grand Prix.
Ruling over Monaco is the Grimaldi royal family, headed by Prince Albert II, the son of Prince Rainier, who died in 2005, and the former actress Grace Kelly, who died in a car accident in 1982, aged 52.
Monaco, a tiny city state on the French Riviera, is one of the wealthiest nations in the world. Up to 32 per cent of the population is made up of millionaires
Prince Albert, 61, is worth an estimated US$1 billion and owns about a quarter of the land he reigns over, according to the personal finance website, GoBankingRates, making the Monaco royal family one of the wealthiest in the world. In comparison, Britain’s Queen Elizabeth is worth an estimated US$500 million.
In 2011 Prince Albert married Zimbabwe-born Charlene Wittstock, 41, a former teacher and swimmer, who competed for South Africa at the 2000 Olympics.
The couple’s twin son and daughter, Prince Jacques and Princess Gabriella, were born in 2014.
Prince Albert also has two other children, who were born out of wedlock.
Check out the lifestyle of the Monaco royal family.
The Monaco royal family rules over a tiny nation: it covers an area of 2.2 square km (0.85 square miles) and is the world’s smallest nation with a coastline.