Caroline, Princess of Hanover Caroline, Princess of Hanover Caroline, Princess of Hanover (Caroline Louise Marguerite Grimaldi; born 23 January 1957), is the eldest child of Rainier III, Prince of Monaco, and the American actress Grace Kelly. She is the elder sister of Prince Albert II and Princess Stéphanie. Until the births of her niece and nephew, Princess Gabriella and Prince Jacques, in December 2014 she had been heir presumptive to the throne of Monaco since 2005, a position which she previously held from 1957 to 1958. Caroline is married to Ernst August, Prince of Hanover (born 1954), the heir to the former throne of
Prince's Palace of Monaco By 1946 he was spending most of his time in Paris, and on 27 July of that year, he married for the first time. Absent from Monaco during most of the final years of his reign, he and his wife lived on their estate in France. Prince Louis died in 1949 and was succeeded by his grandson, Prince Rainier III. Prince Rainier III was responsible for not only turning around the fortune and reputation of Monaco but also for overseeing the restoration of the palace. Upon his accession in 1949 Prince Rainier III immediately began a program of renovation and