Rainier III, Prince of Monaco Rainier III, Prince of Monaco Rainier III (Rainier Louis Henri Maxence Bertrand Grimaldi; 31 May 1923 – 6 April 2005) ruled the Principality of Monaco for almost 56 years, making him one of the longest ruling monarchs in European history. Though internationally known for his marriage to American actress Grace Kelly, he was also responsible for reforms to Monaco's constitution and for expanding the principality's economy beyond its traditional casino gambling base. Gambling accounts for only approximately three percent of the nation's annual revenue today; when Rainier ascended the throne in 1949, it accounted for more than 95 percent. Rainier
Charles III, Prince of Monaco served in the French Navy during the Franco-Prussian War, earning for his service the Cross of Knight of the Legion of Honor. The Order of Saint-Charles was instituted on 15 March 1858, during the reign of Prince Charles III. In his middle years his sight greatly weakened, and by the last decade of his life he had become almost totally blind. In fact, Dr. Thomas Henry Pickering wrote in 1882: "So far back as 1860, Prince Charles lost his eyesight..." He died at Château de Marchais on 10 September 1889. He was succeeded by his son Albert I of Monaco.