section_path: Abstract
section_name: Abstract
paragraph_text: Henri (Luxembourgish pronunciation:; French: Henri Albert Gabriel Félix Marie Guillaume, German: Heinrich; born 16 April 1955) is Grand Duke of Luxembourg, reigning since 2000. He is the eldest son of Grand Duke Jean and Princess Joséphine-Charlotte of Belgium, as well as a first cousin of King Philippe of Belgium. In 2019, his net worth was estimated around US$4 billion.
  
  Having delegated some of his powers to his eldest son and heir apparent, Guillaume, in 2024, he is set to abdicate in his favour on 3 October 2025.