Albert II, Prince of Monaco Albert II, Prince of Monaco Albert II (Albert Alexandre Louis Pierre Grimaldi; born 14 March 1958) is the reigning monarch of the Principality of Monaco and head of the princely house of Grimaldi. He is the son of Prince Rainier III and the American actress Grace Kelly. Prince Albert's sisters are Caroline, Princess of Hanover, and Princess Stéphanie. In July 2011, Prince Albert married Charlene Wittstock. Prince Albert II is one of the wealthiest royals in the world, with assets valued at more than $1 billion, which include land in Monaco and France. Although Prince Albert does not own the
Rainier III, Prince of Monaco with the French film actress Gisèle Pascal, whom he had met while a student at Montpellier University, and the couple lived at Saint-Jean-Cap-Ferrat. Rainier's sister, Princess Antoinette, wishing her own son to ascend the throne, spread rumours that Pascal was infertile. The rumours combined with a snobbery over Pascal's family origins ultimately ended the relationship. Rainier became the Sovereign Prince of Monaco on the death of Louis II on 9 May 1949. After ascending the throne, Rainier worked assiduously to recoup Monaco's lustre, which had become tarnished through neglect (especially financial) and scandal (his mother, Princess Charlotte, took a noted