Albert II, Prince of Monaco of state to have reached the North Pole. Prince Albert is the Vice-Chairman of the Princess Grace Foundation-USA, an American charity founded in 1982, after his mother's death, which supports emerging artists in theatre, dance, and film, as Princess Grace did in her lifetime. In 2006, Prince Albert created the Prince Albert II of Monaco Foundation, which continues the Principality of Monaco's commitment by supporting sustainable and ethical projects around the world. The foundation focus on three main challenges: climate change and renewable energy development; combating the loss of biodiversity; and water management (improving universal access to clean water). Albert
Rainier III, Prince of Monaco Onassis, who took control of the Société des Bains de Mer (SBM) and envisioned Monaco as solely a gambling resort. Prince Rainier regained control of SBM in 1964, effectively ensuring that his vision of Monaco would be implemented. In addition, the Societé Monégasque de Banques et de Métaux Précieux, a bank which held a significant amount of Monaco's capital, was bankrupted by its investments in a media company in 1955, leading to the resignation of Monaco's cabinet. As Prince of Monaco, Rainier was also responsible for the principality's new constitution in 1962 which significantly reduced the power of the sovereign.