Rainier III, Prince of Monaco of Monaco, the Palais Princier announced that Rainier's son, Hereditary Prince Albert, would take over the duties of his father as regent since Rainier was no longer able to exercise his royal functions. On 1 April 2005, the Palace announced that Rainier's doctors believe his chances of recovery were "slim". On 6 April, Prince Rainier died at the Cardiothoracic Center of Monaco at 6:35 AM local time at the age of 81. He was succeeded by his only son, who became Prince Albert II. He was buried on 15 April 2005, beside his wife, Princess Grace, at the Cathedral of
Charles III, Prince of Monaco On 1 June 2016, fifteen thousand 2 euro coins were issued by Monaco; commemorating the 150th anniversary of the foundation of Monte Carlo by Charles III Charles III, Prince of Monaco Charles III (8 December 1818 – 10 September 1889) was Prince of Monaco and Duke of Valentinois from 20 June 1856 to his death. He was the founder of the famous casino in Monte Carlo, as his title in Monegasque and Italian was Carlo III. He was born in Paris Charles Honoré Grimaldi, the only son of Florestan I of Monaco and Maria Caroline Gibert de Lametz. While he