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 II, Prince of Monaco since Rainier was no longer able to exercise his royal functions. On 6 April 2005, Rainier III died and Albert succeeded him as Albert II. The first part of Prince Albert II's enthronement as ruler of the Principality was on 12 July 2005, after the end of the three-month mourning period for his father. A morning Mass at Saint Nicholas Cathedral presided over by the Archbishop of Monaco, the Most Reverend Bernard Barsi, formally marked the beginning of his reign. Afterward Albert II returned to the princely palace to host a garden party for 7,000 Monégasques born in the principality.