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
Albert I, Prince of Monaco building contractor of German-Jewish descent, Alice Heine had married the Duc de Richelieu but had been widowed by age 21 and left with a young son, Armand. Her marriage to Prince Albert proved an equal blessing for him and the tiny principality of Monaco, since Alice brought a strong business acumen, well in advance of her youth. Having helped put her husband's principality on a sound financial footing, she would devote her energies to making Monaco one of Europe's great cultural centers, with an opera, theater, and a ballet under the direction of the famed Russian impresario Serge Diaghilev. Despite